Entegris (ENTG) chair sells 109,838 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entegris Executive Chair Bertrand Loy reported combined option exercises and share sales in Entegris Inc. common stock. He exercised 9,838 stock options at $98.11 per share and acquired the same number of shares, using a fully vested award granted under the Entegris 2020 Stock Plan in consideration of his employee services. He then sold a total of 109,838 shares in open-market transactions on February 24 and 25 at weighted average prices generally between about $137 and $142 per share, under a pre-arranged Rule 10b5-1 trading plan established on February 10, 2025. After these transactions, he directly held 217,767 shares of common stock and 61,534 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 109,838 shares ($15,185,008)
Net Sell
9 txns
Insider
LOY BERTRAND
Role
Executive Chair
Sold
109,838 shs ($15.19M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 46,522 | $137.32 | $6.39M |
| Sale | Common Stock | 3,800 | $138.57 | $527K |
| Exercise | Employee Stock Option (Right to Buy) | 9,838 | $0.00 | -- |
| Exercise | Common Stock | 9,838 | $98.11 | $965K |
| Sale | Common Stock | 6,955 | $140.49 | $977K |
| Sale | Common Stock | 2,783 | $141.45 | $394K |
| Sale | Common Stock | 100 | $142.19 | $14K |
| Sale | Common Stock | 47,611 | $138.57 | $6.60M |
| Sale | Common Stock | 2,067 | $139.14 | $288K |
Holdings After Transaction:
Common Stock — 221,567 shares (Direct);
Employee Stock Option (Right to Buy) — 61,534 shares (Direct)
Footnotes (1)
- These shares were sold pursuant to a Rule 10b5-1 Trading Plan established by the Reporting Person on February 10, 2025. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.00 to $140.98, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.13 to $142.09, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.00 to $138.99, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.02 to $139.28, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.05 to $137.63, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.10 to $138.97, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote. This option is fully vested. Awarded pursuant to the Entegris, Inc. 2020 Stock Plan in consideration of services as an employee.
FAQ
What did Entegris (ENTG) Executive Chair Bertrand Loy report in this Form 4?
Bertrand Loy reported exercising 9,838 stock options and selling 109,838 Entegris common shares in open-market transactions. The activity reflects both acquiring shares through an option exercise and subsequent sales under a pre-established Rule 10b5-1 trading plan.
Did Bertrand Loy exercise Entegris (ENTG) stock options in this filing?
Yes. He exercised 9,838 Employee Stock Options, converting them into an equal number of common shares at an exercise price of $98.11 per share. The option was fully vested and granted under the Entegris, Inc. 2020 Stock Plan.
Was Bertrand Loy’s Entegris (ENTG) stock sale under a Rule 10b5-1 plan?
Yes. The filing states the shares were sold under a Rule 10b5-1 Trading Plan established on February 10, 2025. Such plans pre-schedule trades, allowing insiders to sell shares according to predetermined instructions over time.
What role does Bertrand Loy hold at Entegris (ENTG)?
Bertrand Loy is identified in the filing as Executive Chair and a director of Entegris Inc. His position and insider status require him to report equity transactions in company securities to the Securities and Exchange Commission on Form 4.