Entegris (ENTG) Executive Chair Bertrand Loy receives 19,628-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
LOY BERTRAND reported acquisition or exercise transactions in this Form 4 filing.
ENTEGRIS INC Executive Chair Bertrand Loy received an equity grant of 19,628 shares of common stock as a compensation award. The award was granted at no cash cost to him and was issued under the Entegris, Inc. 2020 Stock Plan for his services as an employee.
These shares represent restricted stock units, each convertible into one share of common stock. Twenty‑five percent of the units vest on April 5, 2027, with the remaining 75% vesting in equal quarterly installments over the following three years. After this grant, he directly holds 237,395 shares of Entegris common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LOY BERTRAND
Role
Executive Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 19,628 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 237,395 shares (Direct)
Footnotes (1)
- Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock. The RSUs vest as follows: 25% of the RSUs vest on April 5, 2027, and the remaining 75% of the RSUs vest in equal quarterly installments over the three year period thereafter. Awarded pursuant to the Entegris, Inc. 2020 Stock Plan in consideration of services as an employee.
Key Figures
RSU grant size: 19,628 shares
Shares held after grant: 237,395 shares
Initial vesting portion: 25%
+4 more
7 metrics
RSU grant size
19,628 shares
Restricted stock units awarded as employee compensation
Shares held after grant
237,395 shares
Total Entegris common stock directly owned after transaction
Initial vesting portion
25%
RSUs vesting on April 5, 2027
Remaining vesting portion
75%
Vests in equal quarterly installments over three years thereafter
Vesting start date
April 5, 2027
Date when 25% of RSUs vest
Vesting period length
3 years
Period over which remaining 75% of RSUs vest quarterly
Grant price per share
$0.00 per share
Compensation grant, not a market purchase
Key Terms
restricted stock unit ("RSU"), vest, 2020 Stock Plan
3 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share of common stock."
vest financial
"The RSUs vest as follows: 25% of the RSUs vest on April 5, 2027..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
2020 Stock Plan financial
"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 on this Form 4?
Bertrand Loy reported receiving a grant of 19,628 restricted stock units, each representing one share of Entegris common stock. The award was granted at no cash cost as compensation under the 2020 Stock Plan for his services as an employee.
How do Bertrand Loy’s new Entegris (ENTG) RSUs vest over time?
The restricted stock units vest gradually. Twenty-five percent vest on April 5, 2027. The remaining 75% vest in equal quarterly installments over the following three years, aligning the Executive Chair’s compensation with longer-term company performance and retention.
Was this Entegris (ENTG) Form 4 transaction an open-market purchase or sale?
No, this transaction was not an open-market trade. It was a grant of 19,628 restricted stock units awarded at a price of $0.00 per share as employee compensation, rather than a discretionary market purchase or sale of Entegris stock.
Under which plan were the Entegris (ENTG) RSUs granted to Bertrand Loy?
The restricted stock units were awarded under the Entegris, Inc. 2020 Stock Plan. This equity plan is used to provide stock-based compensation to employees, helping align management incentives with shareholder interests through long-term share ownership.