FormFactor (NASDAQ: FORM) CEO sells 9,438 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FORMFACTOR INC CEO Mike Slessor reported a sale of 9,438 shares of Common Stock. The Form 4 shows 12 open-market sale transactions on May 13, 2026, with reported per-share prices such as $136.15, $135.73, and $122.84.
A footnote states the sales occurred automatically under a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2025. After these transactions, Slessor directly holds 447,037 shares of FormFactor common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 9,438 shares ($1,194,064)
Net Sell
12 txns
Insider
SLESSOR MIKE
Role
CEO
Sold
9,438 shs ($1.19M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 700 | $122.84 | $86K |
| Sale | Common Stock | 1,300 | $123.72 | $161K |
| Sale | Common Stock | 2,984 | $124.71 | $372K |
| Sale | Common Stock | 1,388 | $125.58 | $174K |
| Sale | Common Stock | 398 | $126.59 | $50K |
| Sale | Common Stock | 100 | $127.47 | $13K |
| Sale | Common Stock | 700 | $128.52 | $90K |
| Sale | Common Stock | 700 | $129.33 | $91K |
| Sale | Common Stock | 200 | $130.57 | $26K |
| Sale | Common Stock | 200 | $132.63 | $27K |
| Sale | Common Stock | 66 | $135.73 | $9K |
| Sale | Common Stock | 702 | $136.15 | $96K |
Holdings After Transaction:
Common Stock — 455,775 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 $122.23 through $123.19. 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 $123.28 through $124.17. 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 $124.22 through $125.20. 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 $125.26 through $126.04. 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 $126.37 through $127.14. 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 $128.37 through $129.07. 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 $129.22 through $129.42. 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: 9,438 shares
Number of sale transactions: 12 transactions
Example sale price: $136.15 per share
+3 more
6 metrics
Shares sold
9,438 shares
Total Common Stock sold on May 13, 2026
Number of sale transactions
12 transactions
Open-market sales of Common Stock on May 13, 2026
Example sale price
$136.15 per share
One reported weighted average sale price on May 13, 2026
Lowest reported range low
$122.23 per share
Low end of a price range from a sale footnote
Shares held after transactions
447,037 shares
Directly owned Common Stock following the sales
Net share direction
-9,438 shares
Net-sell shares from transaction summary
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open-market sale, Common Stock, +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."
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.
Common Stock financial
""security_title": "Common Stock""
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.
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 insider transaction did FORM CEO Mike Slessor report?
Mike Slessor, CEO of FormFactor (FORM), reported selling 9,438 shares of Common Stock. The Form 4 lists 12 open-market sale transactions completed on May 13, 2026, all involving directly owned shares.
How many sale transactions are reported in this FormFactor Form 4 filing?
The transaction summary shows 12 sale transactions for FormFactor Common Stock. Each entry is coded "S" for an open-market or private sale, all dated May 13, 2026, and together they total 9,438 shares sold by the CEO.