FormFactor CEO Mike Slessor receives stock-grant shares
The RSU awards follow separate quarterly vesting schedules, and the transactions include shares withheld for tax obligations.
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Form Type
4
Rhea-AI Filing Summary
FormFactor Inc. CEO Mike Slessor’s restricted stock units settled into 3,644 common shares on November 5, 2026, and 6,031 and 2,308 common shares on November 6, 2026. Shares were also withheld to cover tax obligations: 2,028 at $71.76 per share on November 5, and 3,357 and 1,285 at $81.12 per share on November 6. Each RSU is convertible into one common share.
Insider Trade Summary
11,983 shares exercised/converted
Exercise
9 txns
Insider
SLESSOR MIKE
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F5, F4 | 6,031 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units F6, F4 | 2,308 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 6,031 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 3,357 | $81.12 | $272K |
| Exercise | Common Stock F1 | 2,308 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 1,285 | $81.12 | $104K |
| Exercise | Restricted Stock Units F3, F4 | 3,644 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 3,644 | $0.00 | $0.00 |
| Tax Withholding | Common Stock F2 | 2,028 | $71.76 | $146K |
Holdings After Transaction:
Restricted Stock Units — 78,537 units (Direct);
Common Stock — 460,909 shares (Direct)
Footnotes (6)
- 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 August 5, 2024 vest in twelve (12) quarterly installments beginning on November 5, 2024 and ending on August 5, 2027 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.
- F5. The Restricted Stock Units granted on August 6, 2025 vest in twelve (12) quarterly installments beginning on November 6, 2025 and ending on August 6, 2028 and will be settled into shares of common stock on or following the vesting dates.
- F6. The Restricted Stock Units granted on August 6, 2026 vest in twelve (12) quarterly installments beginning on November 6, 2026 and end on August 6, 2029 and will be settled into shares of common stocks on or following the vesting date.
Key Figures
Common shares from RSU settlement: 3,644 shares
Common shares from RSU settlement: 6,031 shares
Common shares from RSU settlement: 2,308 shares
+5 more
8 metrics
Common shares from RSU settlement
3,644 shares
November 5, 2026
Common shares from RSU settlement
6,031 shares
November 6, 2026
Common shares from RSU settlement
2,308 shares
November 6, 2026
Shares withheld for tax obligations
2,028 shares
November 5, 2026; $71.76 per share
Shares withheld for tax obligations
3,357 shares
November 6, 2026; $81.12 per share
Shares withheld for tax obligations
1,285 shares
November 6, 2026; $81.12 per share
Withholding share price
$71.76 per share
November 5, 2026
Withholding share price
$81.12 per share
November 6, 2026
Key Terms
Restricted Stock Unit (RSU), 1-for-1 basis, tax withholding obligations, quarterly installments
4 terms
Restricted Stock Unit (RSU) technical
"Each Restricted Stock Unit (RSU) is convertible into a share"
A restricted stock unit (RSU) is a promise from a company to give an employee company shares (or cash equal to their value) at a future date if certain conditions are met, such as staying with the company or hitting performance targets. For investors, RSUs matter because when they convert into actual shares they increase the number of shares available and can create selling pressure as employees cash out—think of them as a future paycheck paid in company stock.
1-for-1 basis technical
"convertible into a share of common stock on a 1-for-1 basis"
tax withholding obligations financial
"to cover tax withholding obligations"
quarterly installments technical
"vest in twelve (12) quarterly installments"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What are the vesting schedules for Mike Slessor’s FORM RSUs?
The 3,644 RSUs granted August 5, 2024 vest in 12 quarterly installments from November 5, 2024 through August 5, 2027. The 6,031 RSUs granted August 6, 2025 vest from November 6, 2025 through August 6, 2028; the 2,308 RSUs granted August 6, 2026 vest from November 6, 2026 through August 6, 2029.
AI-generated analysis. How Rhea-AI works. Not financial advice.
