Entegris (ENTG) SVP granted 6,318 RSUs with multi-year vesting
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Woodland Daniel D. reported acquisition or exercise transactions in this Form 4 filing.
Entegris Inc. reported that SVP & President, MS Division Daniel D. Woodland received a grant of 6,318 restricted stock units (RSUs), each representing a contingent right to one share of common stock. The award was granted under the Entegris, Inc. 2020 Stock Plan as employee compensation.
The RSUs vest with 25% on April 5, 2027, and the remaining 75% in equal quarterly installments over the following three years. After this award, Woodland directly holds 54,832.83 shares of Entegris common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Woodland Daniel D.
Role
SVP & President, MS Division
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,318 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 54,832.83 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: 6,318 RSUs
Grant price: $0.00 per share
Initial vesting: 25% on April 5, 2027
+2 more
5 metrics
RSU grant size
6,318 RSUs
Restricted stock units awarded to Daniel D. Woodland
Grant price
$0.00 per share
RSUs granted as compensation, not purchased
Initial vesting
25% on April 5, 2027
First tranche of RSU vesting date
Remaining vesting period
75% over three years
Vests in equal quarterly installments thereafter
Shares held after grant
54,832.83 shares
Total Entegris common shares held directly post-transaction
Key Terms
restricted stock unit ("RSU"), contingent right, vest, equal quarterly installments, +1 more
5 terms
restricted stock unit ("RSU") financial
"Each restricted stock unit ("RSU") represents a contingent right to receive one share"
contingent right financial
"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.
equal quarterly installments financial
"remaining 75% of the RSUs vest in equal quarterly installments over the three year period"
2020 Stock Plan financial
"Awarded pursuant to the Entegris, Inc. 2020 Stock Plan in consideration of services"
FAQ
What did Entegris (ENTG) executive Daniel Woodland receive in this Form 4?
Daniel D. Woodland received a grant of 6,318 restricted stock units (RSUs) of Entegris common stock. Each RSU represents a contingent right to receive one share, awarded as compensation under the Entegris, Inc. 2020 Stock Plan for his services as an employee.
How do Daniel Woodland’s new RSUs at Entegris (ENTG) vest over time?
The RSUs vest gradually over several years. Twenty‑five percent of the 6,318 RSUs vest on April 5, 2027. The remaining 75% vest in equal quarterly installments over the three-year period following that date, tying value to continued employment.
Is this Entegris (ENTG) Form 4 a stock purchase or a compensation grant?
The filing reports a compensation grant, not an open-market purchase. Daniel D. Woodland received 6,318 restricted stock units at a price of $0.00 per share, awarded under the Entegris, Inc. 2020 Stock Plan in consideration of his services as an employee.
What is a restricted stock unit (RSU) in the Entegris (ENTG) Form 4?
Each restricted stock unit represents a contingent right to receive one Entegris common share in the future. Vesting conditions must be met over time. For this award, vesting begins April 5, 2027, with remaining units vesting quarterly over the next three years.