Axcelis EVP has shares withheld for RSU taxes
Axcelis Technologies executive Christopher Tatnall had 907 shares of common stock withheld for taxes in connection with restricted stock units vesting.
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Form Type
4
Rhea-AI Filing Summary
Axcelis Technologies executive Christopher Tatnall had 907 shares of common stock withheld for taxes in connection with restricted stock units vesting. The tax withholding was valued at $131.02 per share, based on the closing price on the withholding date.
After this vesting and tax withholding, Tatnall directly holds 23,044 shares, including 16,463 shares issuable upon vesting of restricted stock units that remain subject to forfeiture under the company’s 2012 Equity Incentive Plan.
Insider Trade Summary
Exercise Price or Tax Liability: 907 shares
Exercise Price or Tax Liability
1 txn
Insider
Tatnall Christopher
Role
EVP Global Customer Operations
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 907 | $131.02 | $119K |
Holdings After Transaction:
Common Stock — 23,044 shares (Direct)
Footnotes (3)
- F1. This forfeiture of shares for tax withholding purposes relates to the vesting on April 18, 2026 of service vesting restricted stock units granted to the executive in April 2022. The shares issued to the executive on the vesting were reduced by a number of shares having a value equal to the executive's tax withholding obligation with respect to the vested restricted stock units.
- F2. Represents the closing price of the Company's common stock on the date of the tax withholding.
- F3. Of the shares held after this vesting on April 18, 2026, 16,463 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture. This amount includes restricted stock units earned by the reporting person upon the achievement of 112.5% of the restricted stock units granted in 2025 based upon the achievement of 2025 performance goals.
Key Figures
Tax-withheld shares: 907 shares
Withholding share price: $131.02 per share
Shares held after transaction: 23,044 shares
+1 more
4 metrics
Tax-withheld shares
907 shares
Shares withheld for tax obligations on RSU vesting
Withholding share price
$131.02 per share
Closing price on tax withholding date
Shares held after transaction
23,044 shares
Direct holdings after April 18, 2026 vesting and withholding
Unvested RSU-linked shares
16,463 shares
Issuable upon future RSU vesting, subject to forfeiture
Key Terms
restricted stock units, tax withholding, Equity Incentive Plan, closing price
4 terms
restricted stock units financial
"relates to the vesting on April 18, 2026 of service vesting restricted stock units granted"
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.
tax withholding financial
"forfeiture of shares for tax withholding purposes relates to the vesting"
Tax withholding is the practice of taking a portion of a payment—such as wages, dividends, or sale proceeds—before it reaches the recipient and sending that portion to the tax authority as an advance on the recipient’s eventual tax bill. For investors it matters because withholding reduces immediate cash received and affects after‑tax returns, estimated tax payments, and whether you may owe more or receive a refund when taxes are finally calculated, like having a small automatic savings set aside for your tax bill.
Equity Incentive Plan financial
"granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture"
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
closing price financial
"Represents the closing price of the Company's common stock on the date of the tax withholding"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Axcelis (ACLS) report for Christopher Tatnall?
Axcelis reported that executive Christopher Tatnall had 907 shares of common stock withheld to cover taxes on vested restricted stock units. This was a tax-withholding disposition, not an open-market sale, tied to RSU vesting in April 2026.
What restricted stock units does Christopher Tatnall still have with Axcelis (ACLS)?
After the April 2026 vesting, 16,463 shares are still issuable to Christopher Tatnall upon vesting of restricted stock units under the 2012 Equity Incentive Plan. These units are subject to forfeiture and include RSUs earned at 112.5% of a 2025 performance grant.
Was Christopher Tatnall’s Axcelis (ACLS) Form 4 transaction an open-market sale?
No. The Form 4 describes a tax-withholding disposition of 907 shares, not an open-market sale. Shares were withheld to satisfy tax obligations arising from the vesting of restricted stock units granted in April 2022 to the executive.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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