FormFactor (FORM) CEO reports 7,669-share sale under Rule 10b5-1 plan
Rhea-AI Filing Summary
FormFactor Inc. CEO and director Mike Slessor reported automatic stock sales under a pre-arranged Rule 10b5-1 trading plan. On December 17, 2025, he sold 5,606 shares of common stock at a weighted average price of $56.19 and an additional 2,063 shares at a weighted average price of $56.82.
These transactions, totaling 7,669 shares, were executed pursuant to a Rule 10b5-1 trading plan adopted on August 19, 2025. After these sales, Slessor beneficially owned 525,601 shares of FormFactor common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,606 | $56.19 | $315K |
| Sale | Common Stock | 2,063 | $56.82 | $117K |
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 $55.725 through $56.715. 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 $56.72 through $56.8575. 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.
FAQ
What insider transaction did FormFactor (FORM) report in this Form 4?
The filing reports that CEO and director Mike Slessor sold a total of 7,669 shares of FormFactor common stock on December 17, 2025 in two separate transactions.
Were the FormFactor (FORM) insider sales part of a trading plan?
Yes. The sales occurred automatically under a Rule 10b5-1 trading plan that was adopted on August 19, 2025, as disclosed in the explanation of responses.
What is the role of the reporting person in FormFactor (FORM)?
The reporting person, Mike Slessor, is identified as both a Director and an Officer of FormFactor, serving as CEO.
What type of SEC filing is this for FormFactor (FORM)?
This is a Form 4 filing, which reports changes in the beneficial ownership of FormFactor equity securities by an insider, in this case the CEO and director.