Entegris (ENTG) chair has 9,868 shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Entegris Executive Chair Bertrand Loy reported a routine tax-related share disposition. On settlement of restricted stock units, 9,868 shares of Entegris common stock were automatically withheld to cover tax withholding obligations at a reference price of $116.40 per share. After this tax-withholding disposition, Loy directly holds 227,527 shares of Entegris common stock, indicating he retains a substantial equity position and that no open-market purchase or sale occurred.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
LOY BERTRAND
Role
Executive Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 9,868 | $116.40 | $1.15M |
Holdings After Transaction:
Common Stock — 227,527 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
Tax-withheld shares: 9,868 shares
Reference share price: $116.40 per share
Shares held after transaction: 227,527 shares
3 metrics
Tax-withheld shares
9,868 shares
Common stock automatically withheld to satisfy tax obligations
Reference share price
$116.40 per share
Closing price used for RSU vesting tax calculation
Shares held after transaction
227,527 shares
Direct Entegris common stock ownership after tax withholding
Key Terms
restricted stock units, tax withholding obligations, Form 4, Executive Chair
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."
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
Executive Chair financial
""officer_title": "Executive Chair","
FAQ
What did Entegris (ENTG) Executive Chair Bertrand Loy report in this Form 4?
Executive Chair Bertrand Loy reported a tax-withholding disposition of 9,868 Entegris common shares. The shares were automatically withheld when restricted stock units settled, covering tax obligations rather than reflecting an open-market sale of stock.
Was Bertrand Loy’s Form 4 transaction in Entegris (ENTG) an open-market sale?
No, the Form 4 describes automatic tax withholding, not an open-market sale. Shares were withheld by Entegris upon vesting of restricted stock units to satisfy Loy’s tax liabilities tied to that equity compensation event.