FormFactor CFO receives RSU shares, tax withheld
FORMFACTOR INC CFO Aric Brendan McKinnis reported routine equity-compensation transactions.
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Rhea-AI Filing Summary
FORMFACTOR INC CFO Aric Brendan McKinnis reported routine equity-compensation transactions. On June 2, 2026, 773 Restricted Stock Units converted into an equal number of common shares as part of a scheduled vesting from a June 2, 2023 grant.
The company withheld 193 of these common shares to cover tax withholding obligations at a reference price of $125.11 per share. These are not open-market purchases or sales, but standard RSU settlement and tax-withholding events tied to ongoing quarterly vesting.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 773 | $0.00 | $0.00 |
| Exercise | Common Stock | 773 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 193 | $125.11 | $24K |
Footnotes (4)
- F1. These shares of common stock reflect the settlement of restricted stock units of the Issuer. Each Restricted Stock Unit (RSU) is convertible into a share of common stock on a 1-for-1 basis.
- F2. Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
- F3. The Restricted Stock Units granted on June 2, 2023 vest in twelve (12) quarterly installments beginning on September 2, 2023 and ending on June 2, 2026 and will be settled into shares of common stock on or following the vesting dates.
- F4. If the reporting person's employment is terminated for any reason before an applicable Vesting Date, all restricted stock units that have not yet vested shall be forfeited without consideration, except as provided in the change of control severance agreement and any other agreements regarding equity vesting and exercisability between the reporting person and Issuer, which agreements or form agreements are filed with the SEC.
Key Figures
Key Terms
Restricted Stock Units financial
tax withholding obligations financial
vesting dates financial
change of control severance agreement financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FORM CFO Aric McKinnis report on this Form 4?
Were the FORM insider transactions open-market buys or sells of common stock?
How many FormFactor RSUs vested for the CFO in this filing?
What are the vesting terms of the FORM RSUs reported in this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.