STOCK TITAN

FormFactor (NASDAQ: FORM) director Sheri Rhodes receives 1,347 RSU award

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Rhodes Sheri reported acquisition or exercise transactions in this Form 4 filing.

FORMFACTOR INC director Sheri Rhodes received a grant of 1,347 restricted stock units (RSUs) of Common Stock as equity compensation. The award was approved by the Board in April 2026 and increases her direct holdings to 11,703 shares.

The RSUs vest monthly and become fully exercisable on the earlier of the company’s 2027 Annual Meeting of Stockholders or May 15, 2027. Any unvested RSUs are forfeited if she ceases to provide services, subject to the company’s Equity Grant Policy for Outside Directors and any applicable agreements.

Positive

  • None.

Negative

  • None.
Insider Rhodes Sheri
Role null
Type Security Shares Price Value
Grant/Award Common Stock 1,347 $0.00 --
Holdings After Transaction: Common Stock — 11,703 shares (Direct, null)
Footnotes (1)
  1. The reporting person was granted restricted stock units ("RSUs") pursuant to a grant approved by the Board in April 2026. If the reporting person ceases to provide services to the Issuer for any reason, all Restricted Stock Units that have not yet vested shall be forfeited without consideration except as provided in our Equity Grant Policy for Outside Directors and any other applicable agreements between the reporting person and Issuer. RSUs vest monthly and become exercisable on the earlier of the 2027 Annual Meeting of Stockholders and May 15, 2027.
RSUs granted 1,347 RSUs Grant of restricted stock units to director on May 15, 2026
Post-transaction holdings 11,703 shares Total Common Stock beneficially owned after grant
Grant price $0.00 per share Equity award, not open-market purchase
Vesting end date trigger Earlier of 2027 Annual Meeting or May 15, 2027 RSUs vest monthly until this point
restricted stock units ("RSUs") financial
"The reporting person was granted restricted stock units ("RSUs") pursuant to a grant approved by the Board in April 2026."
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Equity Grant Policy for Outside Directors financial
"except as provided in our Equity Grant Policy for Outside Directors and any other applicable agreements"
Annual Meeting of Stockholders financial
"RSUs vest monthly and become exercisable on the earlier of the 2027 Annual Meeting of Stockholders and May 15, 2027."
Grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Rhodes Sheri

(Last)(First)(Middle)
7005 SOUTHFRONT ROAD

(Street)
LIVERMORE CALIFORNIA 94551

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
FORMFACTOR INC [ FORM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
05/15/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock05/15/2026(1)A1,347(2)(3)A$011,703D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reporting person was granted restricted stock units ("RSUs") pursuant to a grant approved by the Board in April 2026.
2. If the reporting person ceases to provide services to the Issuer for any reason, all Restricted Stock Units that have not yet vested shall be forfeited without consideration except as provided in our Equity Grant Policy for Outside Directors and any other applicable agreements between the reporting person and Issuer.
3. RSUs vest monthly and become exercisable on the earlier of the 2027 Annual Meeting of Stockholders and May 15, 2027.
Remarks:
/s/: Stan Finkelstein, Attorney-in-fact for Sheri Rhodes05/19/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did FORM (FormFactor Inc) report for Sheri Rhodes?

FormFactor Inc reported that director Sheri Rhodes received a grant of 1,347 restricted stock units (RSUs) of Common Stock. These RSUs are a form of equity compensation rather than an open-market purchase and were approved by the Board in April 2026.

How many FORM shares does Sheri Rhodes hold after the latest RSU grant?

After the RSU grant, director Sheri Rhodes is reported to beneficially own 11,703 shares of Common Stock. This figure includes the 1,347 RSUs granted, reflecting her updated direct equity position in FormFactor Inc as disclosed in the Form 4 filing.

How do Sheri Rhodes’s RSUs from FORM vest over time?

The granted RSUs vest monthly and become exercisable on the earlier of the company’s 2027 Annual Meeting of Stockholders or May 15, 2027. This schedule gradually delivers shares to the director over time, aligning compensation with continued service to FormFactor Inc.

What happens to unvested FORM RSUs if Sheri Rhodes leaves the company?

If Sheri Rhodes stops providing services to FormFactor Inc, all unvested RSUs are forfeited without consideration, except as provided under the company’s Equity Grant Policy for Outside Directors and any other applicable agreements between her and the issuer.

Was Sheri Rhodes’s FORM RSU grant an open-market share purchase?

No. The Form 4 describes the transaction with code A, indicating a grant, award, or other acquisition. The 1,347 RSUs were awarded at a price of $0.00 per unit as compensation, not bought on the open market.