Entegris (ENTG) strategy chief reports RSU tax-withholding of 643 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
ENTEGRIS INC SVP and Chief Strategy Officer Olivier Blachier reported a tax-withholding share disposition tied to restricted stock unit (RSU) vesting. A total of 643 shares of common stock were automatically withheld to cover tax obligations at a price of $116.40 per share, based on the closing price on April 2, the last trading day before the April 5 vesting date. After this non‑market, compensation-related event, Blachier directly holds 35,171.95 shares of Entegris common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Blachier Olivier
Role
SVP, Chief Strategy Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 643 | $116.40 | $75K |
Holdings After Transaction:
Common Stock — 35,171.95 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: 643 shares
Withholding price: $116.40 per share
Shares held after transaction: 35,171.95 shares
+1 more
4 metrics
Shares withheld for taxes
643 shares
Automatic withholding on RSU settlement
Withholding price
$116.40 per share
Closing price on April 2, before April 5 vesting
Shares held after transaction
35,171.95 shares
Direct holdings following tax-withholding disposition
Transaction code
F
Payment of tax liability by delivering securities
Key Terms
restricted stock units, tax withholding obligations, closing price per share, tax-withholding disposition
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."
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What did Entegris (ENTG) executive Olivier Blachier report in this Form 4?
Olivier Blachier reported a tax-withholding disposition of 643 Entegris common shares. The shares were automatically withheld when restricted stock units vested, covering tax obligations rather than reflecting an open-market sale by the executive.
Was this Entegris (ENTG) Form 4 a market sale by the executive?
No, the Form 4 describes a tax-withholding event, not an open-market sale. Shares were automatically withheld upon RSU settlement to satisfy tax liabilities, as stated in the footnote, making this a routine compensation-related transaction.