Entegris (ENTG) SVP has 1,422 RSU shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entegris Inc. senior vice president of global human resources Susan G. Rice reported a tax-related share disposition tied to equity compensation. A total of 1,422 shares of common stock were automatically withheld upon settlement of restricted stock units to satisfy tax withholding obligations.
The shares were valued at $116.40 per share, based on the closing price of Entegris stock on the last trading day before the vesting date. After this withholding, Rice directly holds 75,971.004 shares of Entegris common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rice Susan G.
Role
SVP, Global Human Resources
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,422 | $116.40 | $166K |
Holdings After Transaction:
Common Stock — 75,971.004 shares (Direct)
Footnotes (1)
- Shares automatically withheld upon settlement of restricted stock units to satisfy tax withholding obligations. Because the shares vested on Sunday, April 5, the price stated above is the closing price per share of Entegris common stock on Thursday, April 2nd, the last trading day immediately prior to the vesting date.
Key Figures
Shares withheld for taxes: 1,422 shares
Withholding price per share: $116.40 per share
Shares held after transaction: 75,971.004 shares
3 metrics
Shares withheld for taxes
1,422 shares
Automatic withholding upon RSU settlement
Withholding price per share
$116.40 per share
Closing price on last trading day before vesting
Shares held after transaction
75,971.004 shares
Direct holdings following tax-withholding disposition
Key Terms
restricted stock units, tax withholding obligations, closing price per share, vested
4 terms
restricted stock units financial
"Shares automatically withheld upon settlement of restricted stock units to satisfy tax withholding obligations."
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 obligations financial
"Shares automatically withheld upon settlement of restricted stock units to satisfy tax withholding obligations."
vested financial
"Because the shares vested on Sunday, April 5, the price stated above is the closing price"
FAQ
What insider transaction did Entegris (ENTG) report for Susan G. Rice?
Entegris reported that executive Susan G. Rice had 1,422 shares of common stock automatically withheld to cover tax obligations on vested restricted stock units. This is a compensation-related, non-market transaction rather than an open-market sale or purchase.
Was the Entegris (ENTG) Form 4 transaction an open-market sale?
No. The Form 4 describes an automatic tax-withholding disposition, not an open-market sale. Shares were withheld when restricted stock units settled, with the value based on the prior trading day’s closing price, as noted in the footnotes.
Why did Entegris (ENTG) use the April 2 closing price for this Form 4?
The filing states the shares vested on Sunday, April 5, so Entegris used the April 2 closing price, the last trading day immediately before vesting. That price of $116.40 per share determined the value of the shares withheld for taxes.