FormFactor (FORM) CEO sells 11,294 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FORMFACTOR INC CEO Mike Slessor reported open-market sales of company Common Stock in multiple transactions on April 15, 2026, totaling 11,294 shares. The shares were sold at weighted average prices ranging from about $125.24 to $129.22 per share under a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2025.
After these sales, Slessor continues to hold 449,565 shares of FormFactor Common Stock directly, indicating he retains a substantial equity stake in the company despite the planned disposals.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 11,294 shares ($1,442,463)
Net Sell
5 txns
Insider
SLESSOR MIKE
Role
CEO
Sold
11,294 shs ($1.44M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,826 | $125.24 | $229K |
| Sale | Common Stock | 900 | $126.58 | $114K |
| Sale | Common Stock | 2,369 | $127.65 | $302K |
| Sale | Common Stock | 5,432 | $128.56 | $698K |
| Sale | Common Stock | 767 | $129.22 | $99K |
Holdings After Transaction:
Common Stock — 459,033 shares (Direct)
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 $125.01 through $125.735. 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 $126.28 through $126.90. 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 $127.25 through $127.945. 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 $128.05 through $128.87. 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 $129.00 through $129.62. 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
Total shares sold: 11,294 shares
Shares held after transactions: 449,565 shares
Sale block 1: 1,826 shares at $125.24/share
+4 more
7 metrics
Total shares sold
11,294 shares
Open-market sales of Common Stock on April 15, 2026
Shares held after transactions
449,565 shares
Direct ownership by CEO Mike Slessor after sales
Sale block 1
1,826 shares at $125.24/share
Common Stock open-market sale on April 15, 2026
Sale block 2
900 shares at $126.58/share
Common Stock open-market sale on April 15, 2026
Sale block 3
2,369 shares at $127.65/share
Common Stock open-market sale on April 15, 2026
Sale block 4
5,432 shares at $128.56/share
Common Stock open-market sale on April 15, 2026
Sale block 5
767 shares at $129.22/share
Common Stock open-market sale on April 15, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, Common Stock, open-market sale, +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.
weighted average sale price financial
"Price represents the weighted average sale price for the transaction reported."
Common Stock financial
"security_title: "Common Stock" in each non-derivative transaction entry"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open-market sale financial
"transaction_action: "open-market sale" for each reported transaction"
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.
non-derivative financial
"transaction_type: "non-derivative" for all reported sales of Common Stock"
FAQ
What insider activity did FORM CEO Mike Slessor report in this Form 4 filing for FORM?
FORM CEO Mike Slessor reported selling 11,294 shares of FormFactor Common Stock in open-market transactions. The trades occurred on April 15, 2026 at various weighted average sale prices between approximately $125 and $129 per share under a pre-arranged Rule 10b5-1 plan.
What does the weighted average sale price disclosure mean in the FORM Form 4?
Each transaction’s reported price is a weighted average sale price for multiple trades within a range. For example, one sale reflects prices between $125.01 and $125.735. The CEO commits to provide exact share counts at each separate price to the SEC or security holders on request.
Did the FORM Form 4 filing show any derivative exercises or only common stock sales?
The data show only non-derivative FormFactor Common Stock sales totaling 11,294 shares. The derivative position summary is empty, and the transaction summary lists no option exercises, gifts, tax withholdings, or restructuring transactions in this particular Form 4 filing.