FormFactor, Inc. filings document a Nasdaq-listed semiconductor test and measurement company with common stock registered under the symbol FORM. Its Form 8-K reports furnish quarterly operating results and financial-condition updates, while other material-event filings cover restructuring actions tied to manufacturing consolidation, executive and director changes, and a revolving credit agreement for working capital and general corporate purposes.
The company’s proxy materials describe board elections, committee matters, executive compensation, equity awards, pay-versus-performance disclosure and other annual meeting governance subjects. Together, the filings provide formal disclosure on FormFactor’s capital structure, governance practices, operating performance and risk-related corporate actions.
FORMFACTOR INC CEO Mike Slessor reported a sale of 9,438 shares of Common Stock. The Form 4 shows 12 open-market sale transactions on May 13, 2026, with reported per-share prices such as $136.15, $135.73, and $122.84.
A footnote states the sales occurred automatically under a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2025. After these transactions, Slessor directly holds 447,037 shares of FormFactor common stock.
Mike Slessor submitted a Form 144 notice reporting proposed resale of 9,438 shares of Common Stock originally issued as restricted stock on 08/01/2023. The filing also lists three recent sales: 11,294, 10,227, and 8,664 shares on 04/15/2026, 03/18/2026, and 02/18/2026, respectively.
FORMFACTOR INC CEO Mike Slessor reported routine equity compensation activity involving restricted stock units. On May 7, 2026, 5,908 Restricted Stock Units converted into an equal number of common shares on a 1-for-1 basis. In connection with this vesting, 3,288 common shares were withheld to satisfy tax withholding obligations, rather than sold in the open market. Following these transactions, Slessor directly held 456,475 shares of FORMFACTOR common stock. The RSUs were part of a grant dated August 7, 2023 that vests in twelve quarterly installments through August 7, 2026, and unvested units are forfeited if employment ends, subject to separate change-of-control and severance arrangements.
FORMFACTOR INC CEO Mike Slessor reported routine equity compensation activity involving restricted stock units. On May 5 and 6, 2026, restricted stock units vested and were settled into a total of 9,675 shares of common stock, reflecting 1-for-1 RSU-to-share conversion.
To cover tax withholding obligations tied to these vestings, 5,385 common shares were automatically withheld and disposed of, a non-market tax-withholding mechanism rather than an open-market sale. After these transactions, Slessor directly held about 453,855 shares of common stock and 54,279 restricted stock units remained outstanding, which are scheduled to vest in quarterly installments through August 2027 and August 2028, subject to continued employment and existing severance and equity agreements.
FormFactor Inc. CFO Aric Brendan McKinnis reported routine equity compensation activity involving restricted stock units. On May 5 and 6, 2026, restricted stock units converted into a total of 1,620 shares of common stock, reflecting scheduled vesting of prior RSU grants.
To cover tax withholding obligations on these vestings, 404 shares of common stock were withheld by the issuer, rather than sold in the open market. After these transactions, McKinnis directly held 12,356 shares of common stock. The RSUs vest in twelve quarterly installments and are forfeitable if employment ends before the applicable vesting dates, subject to existing severance and equity agreements.
FormFactor, Inc. reported strong first-quarter fiscal 2026 results, with revenues rising to $226.1 million from $171.4 million, driven mainly by probe card demand for Foundry & Logic and high-bandwidth DRAM used in generative AI.
Net income increased to $20.4 million from $6.4 million, and diluted EPS grew to $0.26 from $0.08, helped by improved gross margin of 38.4%. Results included $23.3 million of restructuring charges tied to consolidating California manufacturing sites and a broader cost-alignment plan.
The Systems segment saw revenues decline 19.9% as demand shifted away from legacy probe stations toward newer CPO test platforms. Operating cash flow strengthened to $45.0 million, while cash, cash equivalents and marketable securities reached $303.3 million. The company maintains a $150 million undrawn credit facility and is investing in a new Texas factory and recent SiPh/CPO acquisition to support future growth.
FormFactor Inc ownership filing: Vanguard Capital Management reports beneficial ownership of 4,065,830 shares of common stock, representing 5.21% of the class as reported. The filing states Vanguard exercises sole dispositive power over these shares and lists affiliated Vanguard entities that may hold the securities on behalf of client funds.
FormFactor, Inc. reported record first-quarter fiscal 2026 revenue of $226.1 million, up 5.1% from the prior quarter and 32.0% from a year ago, driven by record DRAM demand, including high-bandwidth memory, and stronger Foundry & Logic networking applications.
GAAP net income was $20.4 million, or $0.26 per diluted share, with a GAAP gross margin of 38.4%. On a non-GAAP basis, net income rose to $44.5 million, or $0.56 per diluted share, and non-GAAP gross margin expanded to 49.0%, 510 basis points higher than the prior quarter and above the outlook range.
The company generated $45.0 million of GAAP operating cash flow and $30.7 million of free cash flow. For the second quarter of 2026, FormFactor expects revenue of $240 million +/- $5 million, non-GAAP gross margin of 49.5% +/- 1.5%, and non-GAAP diluted EPS of $0.61 +/- $0.04, indicating continued record revenue and margin improvement.
Vanguard Portfolio Management reported beneficial ownership of 5,939,602 shares of FormFactor Inc common stock, representing 7.61% of the class as of 03/31/2026. The filing shows sole voting power over 59,594 shares and sole dispositive power over 5,939,602 shares. The filing clarifies this position aggregates holdings managed by Vanguard Portfolio Management LLC and certain affiliates, including Vanguard Fiduciary Trust Company and Vanguard Global Advisers, LLC.
FORMFACTOR INC CEO Mike Slessor reported open-market sales of company Common Stock in multiple transactions on April 15, 2026, totaling 11,294 shares. The shares were sold at weighted average prices ranging from about $125.24 to $129.22 per share under a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2025.
After these sales, Slessor continues to hold 449,565 shares of FormFactor Common Stock directly, indicating he retains a substantial equity stake in the company despite the planned disposals.