Kulicke & Soffa officer settles 4,368 PSUs; post-trade 30,658 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Kulicke & Soffa (KLIC) officer reported equity award activity. On 10/13/2025, 7,982 common shares vested at $0. On 10/14/2025, 4,368 Performance Share Units converted into common at $0, and the company withheld 675 and 1,245 shares at $40.05 to satisfy taxes. After these transactions, the officer directly owned 30,658 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,368 shares exercised/converted
Mixed
5 txns
Insider
Chylak Robert Nestor
Role
Senior Vice President
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 4,368 | $0.00 | -- |
| Exercise | Common Stock | 4,368 | $0.00 | -- |
| Tax Withholding | Common Stock | 675 | $40.05 | $27K |
| Tax Withholding | Common Stock | 1,245 | $40.05 | $50K |
| Grant/Award | Common Stock | 7,982 | $0.00 | -- |
Holdings After Transaction:
Performance Share Units — 0 shares (Direct);
Common Stock — 32,578 shares (Direct)
Footnotes (1)
- One-third of the shares granted vest on each anniversary of the date of grant. Performance Share Units (PSUs) awarded October 14, 2022, achieved a 82% payout based on total shareholder return (TSR) relative to a peer group. The peer group consisted of the companies of the GICS 45301020 (Semiconductors) not including companies traded on the Pink Sheets LLC Exchange as of the beginning of the Performance Period with the relative TSR measured over a three-year period. The pay-out was certified, and shares issued on October 14, 2025. Each PSU is convertible to one share of common stock. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with the vesting of 2,368 restricted stock units (RSUs) on October 14, 2025. This RSU vesting is in connection to an RSU award granted on October 14, 2022 of 7,104 shares. These shares that were withheld were not issued to or sold by the Reporting Person. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with issuance of 4,368 shares of common stock arising from payout under Performance Share Units (PSUs) awarded on October 14, 2022. The payment was certified, and the shares were issued on October 14, 2025, each PSU convertible into one share of common stock. These shares that were withheld were not issued to or sold by the Reporting Person.
FAQ
What insider activity did KLIC disclose on this Form 4?
Vesting and settlement of equity awards: 7,982 common shares vested on 10/13/2025 and 4,368 PSUs converted to common on 10/14/2025.
What was the PSU payout detail for KLIC?
PSUs awarded on 10/14/2022 achieved an 82% payout based on relative TSR; 4,368 shares were issued on 10/14/2025.
At what price were tax withholdings calculated?
Tax withholdings were recorded at $40.05 per share on 10/14/2025.
What is the reporting person’s role at KLIC?
The reporting person is an Officer, titled Senior Vice President.
What does the 'M' and 'F' transaction code mean here?
M indicates conversion/settlement of derivative (PSUs) into common; F indicates share withholding for taxes.