KLIC Form 4: EVP gains 174 shares from PSU vesting award
Kulicke & Soffa Industries Inc. (KLIC) reported an insider equity award settlement for its Executive Vice President.
Rhea-AI Filing Summary
Kulicke & Soffa Industries Inc. (KLIC) reported an insider equity award settlement for its Executive Vice President. On 11/20/2025, 174 shares of common stock were acquired at a price of $0 per share following the conversion of performance share units.
The 174 shares came from performance share units granted on October 14, 2022, which achieved an 8% payout based on absolute revenue growth or relative performance versus direct competitors over a three-year period. After this transaction, the executive directly beneficially owns 52,195 shares of KLIC common stock.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Performance Share Units | 174 | $0.00 | $0.00 |
| Exercise | Common Stock | 174 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
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What insider transaction did KLIC report on this Form 4?
The Form 4 reports that an Executive Vice President of Kulicke & Soffa Industries Inc. (KLIC) acquired 174 shares of common stock on 11/20/2025 from the settlement of performance share units at a price of $0 per share.
Who is the reporting person in the KLIC Form 4 and what is their role?
The reporting person is an Executive Vice President of Kulicke & Soffa Industries Inc. (KLIC), with the Form 4 signed by Zi Yao Lim as Attorney-in-Fact for Chan Pin Chong.
What derivative securities were reported in the KLIC Form 4?
The derivative securities reported were Performance Share Units. On 11/20/2025, 174 PSUs were settled and converted into 174 shares of KLIC common stock at an exercise price of $0, leaving 0 derivative securities beneficially owned afterward.
AI-generated analysis. How Rhea-AI works. Not financial advice.