Kulicke & Soffa (KLIC) Form 4 Shows Quarterly 1,260-Share Grant to Director
Rhea-AI Filing Summary
Form 4 filed on 07/03/2025 reveals that Gregory F. Milzcik, a director of Kulicke & Soffa Industries Inc. (KLIC), acquired 1,260 shares of common stock on 07/01/2025. The shares were issued at $0 as part of a quarterly stock grant under the company’s 2021 Omnibus Incentive Plan (transaction code “A”).
Following the grant, Milzcik now beneficially owns 76,105 common shares, held directly. No dispositions, derivative transactions, or 10b5-1 plan trades were reported.
- Form type: 4 (insider transaction)
- Reporting person role: Director
- Nature of transaction: Routine equity compensation (grant)
- Ownership increase: +1,260 shares (≈1.7% of prior holdings)
The transaction is routine board compensation that modestly strengthens alignment between the director and shareholders without materially affecting share supply or signaling strategic changes.
Positive
- Director acquired 1,260 additional shares at no cost, modestly increasing insider alignment with shareholders.
- Total beneficial ownership rises to 76,105 shares, indicating continued commitment from the board member.
Negative
- None.
Insights
TL;DR: Routine director stock grant; minor positive alignment, low market impact.
The 1,260-share grant to Director Gregory F. Milzcik is a scheduled issuance under the 2021 Omnibus Incentive Plan. Because it was received at no cost and represents a small increment to his existing stake, the filing is unlikely to influence trading dynamics or indicate strategic shifts. Nevertheless, the absence of sales and the incremental increase in ownership offer a modestly positive governance signal by further aligning the director’s financial interests with those of shareholders.