[Form 4] FORMFACTOR INC Insider Trading Activity
Rhea-AI Filing Summary
FormFactor Inc.'s CFO, Aric McKinnis, reported routine equity compensation activity involving restricted stock units (RSUs) and related tax withholding. On February 5, 2026, 521 RSUs converted on a 1-for-1 basis into common shares, and 162 shares were withheld to cover tax obligations, leaving 13,259 common shares directly owned. On February 6, 2026, a further 1,099 RSUs converted into common shares, with 336 shares withheld for taxes, resulting in 14,022 common shares held directly after these transactions. Following the settlements, McKinnis also directly held 3,126 RSUs after the February 5 event and 12,089 RSUs after the February 6 event, all of which vest in quarterly installments and are forfeitable if employment ends before the applicable vesting dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 1,099 | $0.00 | -- |
| Exercise | Common Stock | 1,099 | $0.00 | -- |
| Tax Withholding | Common Stock | 336 | $90.29 | $30K |
| Exercise | Restricted Stock Units | 521 | $0.00 | -- |
| Exercise | Common Stock | 521 | $0.00 | -- |
| Tax Withholding | Common Stock | 162 | $83.87 | $14K |
Footnotes (1)
- 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. Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations. Includes 626 shares acquired from the Issuer's Employee Stock Purchase Plan on January 30, 2026. 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. 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. The Restricted Stock Units granted on November 6, 2025 vest in twelve (12) quarterly installments beginning on February 6, 2025 and ending on November 6, 2028 and will be settled into shares of common stock on or following the vesting dates.