FormFactor (FORM) CEO sells 16,002 shares in preset plan
Rhea-AI Filing Summary
FORMFACTOR INC CEO Mike Slessor reported selling 16,002 shares of common stock on August 14, 2026 in six open-market transactions. The sales occurred automatically under a Rule 10b5-1 trading plan adopted on August 19, 2025, at weighted-average prices with ranges from $128.14 to $133.53 per share.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 16,002 shares
Net Sell
6 txns
Insider
SLESSOR MIKE
Role
CEO
Sold
16,002 shs ($2.10M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 2,482 | $128.72 | $319K |
| Sale | Common Stock F1, F3 | 2,892 | $129.55 | $375K |
| Sale | Common Stock F1, F4 | 3,282 | $130.54 | $428K |
| Sale | Common Stock F1, F5 | 1,125 | $131.65 | $148K |
| Sale | Common Stock F1, F6 | 5,535 | $132.50 | $733K |
| Sale | Common Stock F1, F7 | 686 | $133.33 | $91K |
Holdings After Transaction:
Common Stock — 484,204 shares (Direct)
Footnotes (7)
- F1. The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted on August 19, 2025.
- F2. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $128.14 through $129.01. 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.
- F3. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $129.29 through $129.80. 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.
- F4. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $130.255 through $131.00. 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.
- F5. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $131.30 through $131.75. 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.
- F6. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $132.17 through $132.95. 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.
- F7. Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $133.255 through $133.53. 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
Total shares sold: 16,002 shares
Number of sale transactions: 6
Shares in largest single sale: 5,535 shares
+3 more
6 metrics
Total shares sold
16,002 shares
Aggregate common stock sold by CEO Mike Slessor on August 14, 2026
Number of sale transactions
6
Separate open-market sales reported on August 14, 2026
Shares in largest single sale
5,535 shares
Largest transaction block sold at a weighted-average price of $132.50 per share
Shares in smallest single sale
686 shares
Smallest transaction block sold at a weighted-average price of $133.33 per share
Representative sale price
$128.72 per share
Weighted-average price for a 2,482-share sale on August 14, 2026
Representative sale price
$132.50 per share
Weighted-average price for a 5,535-share sale on August 14, 2026
Key Terms
Rule 10b5-1 trading plan, weighted average sale price, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan"
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 or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transaction did FORM (FormFactor Inc) report for CEO Mike Slessor?
FORM reported that CEO Mike Slessor sold 16,002 shares of common stock on August 14, 2026. The sales were executed in six open-market trades at weighted-average prices between $128.14 and $133.53 per share under a Rule 10b5-1 plan.
Were Mike Slessor’s FORM stock sales made under a Rule 10b5-1 trading plan?
Yes. The filing states the reported sales occurred automatically under a Rule 10b5-1 trading plan. That plan was adopted on August 19, 2025, indicating the trades on August 14, 2026 followed a pre-established schedule rather than discretionary timing.
How many separate transactions did FORM CEO Mike Slessor report on August 14, 2026?
Mike Slessor reported six separate open-market sale transactions on August 14, 2026. Individual trades covered between 686 and 5,535 shares each, all in FORM common stock, with each transaction reported at a weighted-average sale price range.
AI-generated analysis. How Rhea-AI works. Not financial advice.