Director at Axcelis Technologies (ACLS) sells 1,000 common shares

Rhea-AI Filing Summary

Axcelis Technologies director Jorge Titinger sold 1,000 shares of common stock in an open-market transaction at $80.00 per share on February 20, 2026. After this sale, he directly held 6,477 shares, including 3,586 shares issuable upon vesting of restricted stock units granted under the 2012 Equity Incentive Plan that remain subject to forfeiture.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Titinger Jorge

(Last) (First) (Middle)

C/O AXCELIS TECHNOLOGIES, INC.

108 CHERRY HILL DRIVE

(Street)

BEVERLY MA 01915

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AXCELIS TECHNOLOGIES INC [ ACLS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/20/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/20/2026		S		1,000	D	$80	6,477(1)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Of the shares held after this sale on February 20, 2026, 3,586 were issuable on vesting of restricted stock units granted to the director under the 2012 Equity Incentive Plan and are subject to forfeiture.

	/s/ Eileen J. Evans, Attorney-in-Fact	02/23/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
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FAQ

What insider transaction did Axcelis Technologies (ACLS) report for Jorge Titinger?

Axcelis Technologies reported that director Jorge Titinger sold 1,000 shares of common stock on February 20, 2026, in an open-market transaction at $80.00 per share. This Form 4 filing reflects a straightforward insider sale of non-derivative common stock.

How many Axcelis Technologies (ACLS) shares does Jorge Titinger hold after this Form 4 sale?

After the February 20, 2026 sale, Jorge Titinger directly held 6,477 Axcelis Technologies common shares. This total includes shares underlying restricted stock units that may not yet be vested and therefore could still be forfeited under plan terms.

What price did Jorge Titinger receive per Axcelis (ACLS) share in the reported sale?

The Form 4 shows that Jorge Titinger sold 1,000 Axcelis common shares at $80.00 per share in an open-market or private transaction. The filing characterizes this as a non-derivative transaction involving the company’s common stock.

How many Axcelis Technologies (ACLS) shares are tied to restricted stock units for Jorge Titinger?

Of the shares reported as held after the sale, 3,586 are issuable upon vesting of restricted stock units granted under Axcelis’s 2012 Equity Incentive Plan. These RSU-based shares are still subject to forfeiture under the plan’s conditions.

What type of ownership is reported for Jorge Titinger’s Axcelis (ACLS) shares on this Form 4?

The filing reports Jorge Titinger’s ownership as direct, with the ownership code "D" for the 6,477 shares following the sale. This includes both currently held common stock and shares that would be issued upon vesting of restricted stock units.