Axcelis (ACLS) director sells 900 shares, retains 17,695-share stake
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Axcelis Technologies director Thomas St. Dennis reported an open-market sale of 900 shares of common stock at $155.37 per share on May 22, 2026.
After this transaction he held 17,695 shares, including 1,440 shares issuable upon vesting of restricted stock units that remain subject to forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 900 shares ($139,833)
Net Sell
1 txn
Insider
St Dennis Thomas
Role
null
Sold
900 shs ($140K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 900 | $155.37 | $140K |
Holdings After Transaction:
Common Stock — 17,695 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 900 shares
Sale price: $155.37 per share
Post-transaction holdings: 17,695 shares
+1 more
4 metrics
Shares sold
900 shares
Open-market sale on May 22, 2026
Sale price
$155.37 per share
Price for the 900 shares sold
Post-transaction holdings
17,695 shares
Total common stock held after the sale
RSUs included in holdings
1,440 shares
Issuable upon vesting of restricted stock units, subject to forfeiture
Key Terms
open-market sale, restricted stock units, 2012 Equity Incentive Plan, subject to forfeiture
4 terms
open-market sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
restricted stock units financial
"1,440 were issuable on vesting of restricted stock units granted to the director"
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 to the director under the 2012 Equity Incentive Plan"
subject to forfeiture financial
"units granted under the 2012 Equity Incentive Plan and are subject to forfeiture"
FAQ
What insider transaction did Axcelis (ACLS) director Thomas St. Dennis report?
Director Thomas St. Dennis reported an open-market sale of 900 shares of Axcelis common stock. The sale occurred on May 22, 2026, and was executed at a price of $155.37 per share, as shown in the Form 4 filing details.
What portion of the Axcelis (ACLS) director’s holdings are restricted stock units?
Of the 17,695 shares held after the transaction, 1,440 are issuable on vesting of restricted stock units. These units were granted under the 2012 Equity Incentive Plan and remain subject to forfeiture until vesting conditions are met.
Was the Axcelis (ACLS) insider sale an open-market transaction?
Yes, the Form 4 classifies the transaction as an open-market sale. The sale code “S” and description indicate it was executed in the open market or a private transaction, rather than being related to option exercises, gifts, or tax withholding.