Kulicke & Soffa SVP PSU payout converts to 142 KLIC shares
Rhea-AI Filing Summary
Kulicke & Soffa Industries (KLIC) filed a Form 4 for its Senior Vice President. On 11/20/2025, 142 Performance Share Units (PSUs) granted on October 14, 2022 were converted into 142 shares of common stock at an exercise price of $0, following certification of an 8% payout based on revenue and competitor-related performance measures over a three-year period.
To cover tax withholding on this PSU payout, 41 shares of common stock were withheld by the issuer at a price of $39.03; these shares were not issued to or sold by the executive. After these transactions, the reporting person directly beneficially owns 30,085 shares of KLIC common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 142 | $0.00 | -- |
| Exercise | Common Stock | 142 | $0.00 | -- |
| Tax Withholding | Common Stock | 41 | $39.03 | $2K |
Footnotes (1)
- Performance Share Units (PSUs) awarded October 14, 2022, achieved an 8% payout based on the greater of absolute revenue growth or relative performance against each direct competitor for each year of the three-year performance period. The payout was certified, and the shares issued on November 20, 2025. Each PSU is convertible into one share of common stock. Represents shares withheld by the Issuer to satisfy tax withholding obligations in connection with issuance of 142 shares of common stock arising from payout under Performance Share Units (PSUs) awarded on awarded October 14, 2022. The payout was certified, and the shares issued on November 20, 2025. Each PSU is convertible into one share of common stock. These shares were not issued to or sold by the Reporting Person.
FAQ
What insider transaction did KULICKE & SOFFA (KLIC) report in this Form 4?
The Senior Vice President reported the conversion of 142 Performance Share Units into 142 shares of common stock on 11/20/2025, at an exercise price of $0.
What role does the reporting person hold at KULICKE & SOFFA (KLIC)?
The reporting person is an Officer of KLIC, serving as Senior Vice President.