Entegris (NASDAQ: ENTG) VP receives 2,527 RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Sauer Michael reported acquisition or exercise transactions in this Form 4 filing.
ENTEGRIS INC VP, Controller & CAO Michael Sauer reported an equity award of 2,527 shares of common stock in the form of restricted stock units. These RSUs were granted as compensation under the Entegris, Inc. 2020 Stock Plan for his services as an employee.
Each RSU represents a right to receive one share of common stock. The RSUs vest with 25% on April 5, 2027, and the remaining 75% in equal quarterly installments over the following three years. After this grant, Sauer directly holds 10,316.707 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sauer Michael
Role
VP, Controller & CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,527 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 10,316.707 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: 2,527 shares
Holdings after award: 10,316.707 shares
Initial vesting portion: 25%
+1 more
4 metrics
RSU grant size
2,527 shares
Restricted stock units awarded to Michael Sauer
Holdings after award
10,316.707 shares
Direct common stock holdings following the RSU grant
Initial vesting portion
25%
RSUs vesting on April 5, 2027
Remaining vesting portion
75%
RSUs vesting in equal quarterly installments over three years thereafter
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"
vest financial
"25% of the RSUs vest on April 5, 2027, and the remaining 75%"
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"
FAQ
What insider transaction did ENTEGRIS INC (ENTG) report for Michael Sauer?
Michael Sauer reported receiving 2,527 restricted stock units as an equity award. Each RSU represents one share of Entegris common stock, granted under the 2020 Stock Plan as compensation for his services as an employee.
What is the vesting schedule for Michael Sauer’s 2,527 Entegris RSUs?
The 2,527 RSUs vest with 25% on April 5, 2027, and the remaining 75% in equal quarterly installments over the following three years. This staggered schedule ties the award to ongoing employment and long-term performance.
What type of award did Michael Sauer receive from Entegris (ENTG)?
Michael Sauer received a restricted stock unit award, not a cash bonus or stock option. Each RSU gives him a contingent right to one share of Entegris common stock, subject to future vesting conditions tied to continued employment.
Under which plan were Michael Sauer’s Entegris RSUs granted?
The RSUs were granted under the Entegris, Inc. 2020 Stock Plan. This plan governs equity-based compensation for employees, and the award to Michael Sauer was provided in consideration of his services as an employee of the company.