FORMFACTOR (FORM) CEO Mike Slessor sells 11,890 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FORMFACTOR INC CEO Mike Slessor reported open-market sales of a total of 11,890 shares of Common Stock on June 10, 2026. The sales occurred in multiple trades at prices ranging from about $117.70 to $123.37 per share pursuant to a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,890 shares ($1,442,897)
Net Sell
7 txns
Insider
SLESSOR MIKE
Role
CEO
Sold
11,890 shs ($1.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,399 | $117.70 | $165K |
| Sale | Common Stock | 767 | $119.00 | $91K |
| Sale | Common Stock | 400 | $119.46 | $48K |
| Sale | Common Stock | 975 | $121.00 | $118K |
| Sale | Common Stock | 4,220 | $121.72 | $514K |
| Sale | Common Stock | 2,500 | $122.63 | $307K |
| Sale | Common Stock | 1,629 | $123.37 | $201K |
Holdings After Transaction:
Common Stock — 445,638 shares (Direct, null)
Footnotes (1)
- The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted on August 19, 2025. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $117.14 through $117.87. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $121.22 through $122.04. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $122.25 through $123. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $123.365 through $123.39. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Key Figures
Shares sold: 11,890 shares
Highest reported sale price: $123.37 per share
Lowest reported sale price: $117.70 per share
+2 more
5 metrics
Shares sold
11,890 shares
Total Common Stock sold on June 10, 2026
Highest reported sale price
$123.37 per share
One of the open-market sales on June 10, 2026
Lowest reported sale price
$117.70 per share
One of the open-market sales on June 10, 2026
Number of sale transactions
7 transactions
Separate Common Stock sales reported in Form 4
Trading plan adoption date
August 19, 2025
Rule 10b5-1 plan governing the reported sales
Key Terms
Rule 10b5-1 trading plan, open-market sale, weighted average sale price, non-derivative, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted on August 19, 2025."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average sale price financial
"Price represents the weighted average sale price for the transaction reported."
non-derivative financial
"transaction_type": "non-derivative""
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.
FAQ
What did FORMFACTOR INC (FORM) CEO Mike Slessor report in this Form 4?
FORMFACTOR INC CEO Mike Slessor reported selling 11,890 shares of Common Stock in open-market transactions on June 10, 2026. These trades were disclosed as routine insider sales and are detailed with per-share prices in the Form 4 filing.
What type of transactions did FORMFACTOR INC (FORM) disclose for its CEO?
The filing shows non-derivative open-market sales of Common Stock coded as “S” transactions. Each entry reflects an open-market or private sale, with no derivative exercises, option conversions, gifts, or tax-withholding dispositions reported in this particular Form 4.
Does this FORM (FORMFACTOR INC) Form 4 show any option exercises or derivative activity?
No. The derivative summary in the Form 4 is empty and the transaction codes are all “S” for non-derivative Common Stock sales. This indicates the reported activity involved only direct stock sales, with no option exercises or other derivative transactions.
How many separate trades are reported in Mike Slessor’s FORM (FORMFACTOR INC) Form 4?
The Form 4 lists seven separate Common Stock sale transactions on June 10, 2026. Each line item discloses a specific share amount and a weighted-average sale price, together totaling 11,890 shares sold in open-market transactions under the pre-established trading plan.