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FormFactor insider updates holdings after RSU vesting in Nov 2025

Filing Impact
(High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

FormFactor (FORM) CEO and director Mike Slessor reported RSU settlements and associated tax withholdings. On 11/05/2025, 3,644 shares were acquired upon RSU settlement, with 2,025 shares withheld at $55.36 for taxes. On 11/06/2025, 6,031 shares were acquired upon RSU settlement, with 3,351 shares withheld at $54.22 for taxes. Following these transactions, he directly owned 539,047 shares. RSUs convert 1-for-1 into common stock and vest quarterly under grants dated August 5, 2024 and August 6, 2025.

Positive

  • None.

Negative

  • None.
Insider SLESSOR MIKE
Role CEO
Type Security Shares Price Value
Exercise Restricted Stock Units 6,031 $0.00 --
Exercise Common Stock 6,031 $0.00 --
Tax Withholding Common Stock 3,351 $54.22 $182K
Exercise Restricted Stock Units 3,644 $0.00 --
Exercise Common Stock 3,644 $0.00 --
Tax Withholding Common Stock 2,025 $55.36 $112K
Holdings After Transaction: Restricted Stock Units — 66,341 shares (Direct); Common Stock — 542,398 shares (Direct)
Footnotes (1)
  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. 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 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.
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Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
SLESSOR MIKE
(Last) (First) (Middle)
7005 SOUTHFRONT ROAD
(Street)
LIVERMORE CA 94551
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
FORMFACTOR INC [ FORM ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CEO
3. Date of Earliest Transaction (Month/Day/Year)
11/05/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 11/05/2025 M 3,644 A (1) 538,392 D
Common Stock 11/05/2025 F 2,025(2) D $55.36 536,367 D
Common Stock 11/06/2025 M 6,031 A (1) 542,398 D
Common Stock 11/06/2025 F 3,351(2) D $54.22 539,047 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units $0(1) 11/05/2025 M 3,644 (3) (4) Common Stock 3,644 $0 25,508 D
Restricted Stock Units $0(1) 11/06/2025 M 6,031 (5) (4) Common Stock 6,031 $0 66,341 D
Explanation of Responses:
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.
2. Represents the number of shares withheld upon vesting of restricted stock units to cover tax withholding obligations.
3. 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.
4. 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.
5. 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.
Remarks:
/s/ Stan Finkelstein, Attorney-in-fact for Mike Slessor 11/07/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did FORM report on Form 4?

Mike Slessor reported RSU settlements on 11/05/2025 (3,644 shares) and 11/06/2025 (6,031 shares), with shares withheld to cover taxes.

How many FORM shares were withheld for taxes and at what prices?

Shares withheld were 2,025 at $55.36 on 11/05/2025 and 3,351 at $54.22 on 11/06/2025.

What is Mike Slessor’s direct ownership after these transactions for FORM?

Direct ownership is 539,047 shares after the reported transactions.

How do the RSUs convert into FormFactor common stock?

Each RSU converts into one share of common stock on a 1-for-1 basis.

What are the vesting schedules for the reported RSU grants at FORM?

The Aug 5, 2024 grant vests in 12 quarterly installments through Aug 5, 2027; the Aug 6, 2025 grant vests quarterly through Aug 6, 2028.

What roles does the reporting person hold at FormFactor (FORM)?

He is a Director and Officer (CEO).