Kulicke & Soffa insider gains 356 shares from 8% PSU payout
Rhea-AI Filing Summary
Kulicke & Soffa Industries Inc. (KLIC)
These PSUs were awarded on October 14, 2022 and achieved an 8% payout based on the greater of absolute revenue growth or relative performance against direct competitors over a three-year performance period. After this transaction, the officer beneficially owns 100,405 shares of KLIC common stock in direct ownership.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did Kulicke & Soffa (KLIC) report in this Form 4?
The filing shows the Interim CEO and CFO acquired 356 shares of common stock on 11/20/2025 by converting vested Performance Share Units at an exercise price of $0.
How many Kulicke & Soffa (KLIC) shares does the reporting person own after this transaction?
Following the reported transaction, the Interim CEO and CFO beneficially owns 100,405 shares of Kulicke & Soffa common stock in direct ownership.
What are the terms of the Performance Share Units reported in the KLIC Form 4?
The Performance Share Units were awarded on October 14, 2022 and were eligible to pay out based on the greater of absolute revenue growth or relative performance against direct competitors for each year of a three-year performance period.
What payout percentage was achieved for the Kulicke & Soffa (KLIC) PSUs?
The Performance Share Units achieved an 8% payout, which resulted in the issuance of 356 shares of common stock when the payout was certified and shares were issued on November 20, 2025.
Who is the reporting person in this Kulicke & Soffa (KLIC) Form 4 and what is their role?
The reporting person is an officer of Kulicke & Soffa Industries Inc., serving as Interim CEO and CFO at the time of the transaction.
How do the reported PSUs convert into Kulicke & Soffa (KLIC) common stock?
Each reported Performance Share Unit is convertible into one share of Kulicke & Soffa common stock, as reflected in the 356 PSUs converting into 356 common shares.