Axcelis (NASDAQ: ACLS) director receives 1,440 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Quirk Jeanne reported acquisition or exercise transactions in this Form 4 filing.
Axcelis Technologies director Jeanne Quirk received a grant of 1,440 shares of Common Stock in the form of restricted stock units at no cash cost. These units were granted under the company’s 2012 Equity Incentive Plan and will vest on May 15, 2027, assuming she completes her current Board term. After this grant, she directly holds 13,189 shares, including 1,440 unvested units that are subject to forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Quirk Jeanne
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,440 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 13,189 shares (Direct, null)
Footnotes (1)
- These shares are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan on May 15, 2026. Assuming completion of the director's current term of service on the Board of Directors, these restricted stock units will vest on May 15, 2027. Of the shares held as of May 15, 2026, 1,440 were issuable on vesting of restricted stock units granted to the director under the 2012 Equity Incentive Plan and are subject to forfeiture.
Key Figures
RSU grant size: 1,440 shares
Grant price per share: $0.0000 per share
Total shares after transaction: 13,189 shares
+2 more
5 metrics
RSU grant size
1,440 shares
Restricted stock units granted on May 15, 2026
Grant price per share
$0.0000 per share
Equity award, not an open-market purchase
Total shares after transaction
13,189 shares
Direct Common Stock holdings following the grant
Unvested RSUs included in holdings
1,440 shares
Issuable upon vesting and subject to forfeiture
RSU vesting date
May 15, 2027
Vests assuming completion of current Board term
Key Terms
restricted stock units, 2012 Equity Incentive Plan, subject to forfeiture, Grant, award, or other acquisition
4 terms
restricted stock units financial
"These shares are issuable on vesting of restricted stock units granted under the Company's 2012 Equity Incentive Plan"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2012 Equity Incentive Plan financial
"restricted stock units granted under the Company's 2012 Equity Incentive Plan on May 15, 2026"
subject to forfeiture financial
"1,440 were issuable on vesting of restricted stock units granted to the director under the 2012 Equity Incentive Plan and are subject to forfeiture"
Grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
FAQ
What did Axcelis (ACLS) director Jeanne Quirk report in this Form 4?
Jeanne Quirk reported receiving 1,440 shares of Axcelis Common Stock as restricted stock units. The grant was made under the 2012 Equity Incentive Plan at no cash cost, increasing her direct holdings to 13,189 shares, including unvested units.
When do Jeanne Quirk’s Axcelis (ACLS) restricted stock units vest?
The 1,440 restricted stock units granted to Jeanne Quirk will vest on May 15, 2027. Vesting is conditioned on completion of her current term of service on the Axcelis Board of Directors, as described in the award footnote.
Is Jeanne Quirk’s Axcelis (ACLS) Form 4 transaction a market buy or sell?
The Form 4 reflects a grant of 1,440 restricted stock units, not a market buy or sell. The transaction code “A” indicates a grant or award acquisition, with a stated price of $0.0000 per share as part of equity compensation.
Under which plan were Jeanne Quirk’s Axcelis (ACLS) restricted units granted?
The 1,440 restricted stock units were granted under Axcelis Technologies’ 2012 Equity Incentive Plan. The footnotes explain these shares are issuable upon vesting and are subject to forfeiture if service conditions are not met.