Veeco Instruments (VECO) CEO granted 168,000 RSUs in Form 4/A
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Miller William John reported acquisition or exercise transactions in this Form 4 filing.
Veeco Instruments CEO William John Miller received a grant of 168,000 restricted stock units (RSUs) as equity compensation, reflected in an amended insider report. Each RSU represents a right to receive one share of Veeco common stock.
The RSU award was granted under the Veeco Instruments 2019 Stock Incentive Plan. Restrictions lapse on one-third of the RSUs on each of the first, second, and third anniversaries of the grant date, with vested shares delivered on each vesting date. After this amendment, Miller directly beneficially owns 519,570 shares of common stock and 215,834 unvested RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Miller William John
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Unit | 168,000 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Unit — 215,834 shares (Direct, null);
Common Stock — 519,570 shares (Direct, null)
Footnotes (1)
- Reflects an amendment being filed on a voluntary basis to amend the Form 4 filed by the Reporting Person on March 12, 2026. The amendment reflects (1) reporting of the applicable grant in Table II instead of Table I, (2) a corresponding revision to the total amount of securities beneficially owned in Table I, and (3) a corresponding revision to the total amount of unvested restricted stock units in Table II. Each restricted stock unit represents a contingent right to receive one share of Veeco common stock. These restricted stock units (RSUs) were acquired pursuant to an award under the Veeco Instruments 2019 Stock Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to 1/3 of such RSUs on each of the first, second and third anniversaries of the date of grant. Vested shares of Veeco common stock will be delivered to the reporting person on the vesting date.
Key Figures
RSU grant size: 168,000 units
Common shares owned: 519,570 shares
Unvested RSUs after grant: 215,834 units
+3 more
6 metrics
RSU grant size
168,000 units
Restricted stock units granted to CEO on March 10, 2026
Common shares owned
519,570 shares
Total Veeco common stock directly owned after amendment
Unvested RSUs after grant
215,834 units
Total unvested restricted stock units following the reported award
RSU-to-share ratio
1 RSU : 1 share
Each restricted stock unit equals one Veeco common share when vested
Vesting pattern
1/3 per year over 3 years
Restrictions lapse on each of the first three anniversaries of grant
RSU grant price
$0.0000 per unit
Compensation grant with no cash paid by the CEO
Key Terms
Restricted Stock Unit, Veeco Instruments 2019 Stock Incentive Plan, beneficially owned, unvested restricted stock units, +1 more
5 terms
Restricted Stock Unit financial
"These restricted stock units (RSUs) were acquired pursuant to an award"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Veeco Instruments 2019 Stock Incentive Plan financial
"pursuant to an award under the Veeco Instruments 2019 Stock Incentive Plan"
beneficially owned financial
"revision to the total amount of securities beneficially owned in Table I"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
unvested restricted stock units financial
"revision to the total amount of unvested restricted stock units in Table II"
vesting date financial
"Vested shares of Veeco common stock will be delivered to the reporting person on the vesting date"
FAQ
What insider activity did Veeco (VECO) report for CEO William John Miller?
Veeco reported that CEO William John Miller received 168,000 restricted stock units as an equity award. The amended filing also updates his total directly owned common shares and unvested RSUs to reflect the correct classification between tables in the original Form 4.
How many restricted stock units did the Veeco (VECO) CEO receive?
The CEO received 168,000 restricted stock units. Each unit represents a contingent right to receive one share of Veeco common stock, granted under the Veeco Instruments 2019 Stock Incentive Plan, and is subject to a multi-year vesting schedule tied to the grant date anniversaries.
What is the vesting schedule for the Veeco (VECO) CEO’s 168,000 RSUs?
The 168,000 RSUs vest in three equal installments. Restrictions lapse on one-third of the units on each of the first, second, and third anniversaries of the grant date, with vested Veeco common shares delivered to the CEO on each respective vesting date.
What does each Veeco (VECO) restricted stock unit represent?
Each Veeco restricted stock unit represents a contingent right to receive one share of Veeco common stock. The units are subject to restrictions and vest over time; once vested, the underlying common shares are delivered to the reporting person on the applicable vesting dates.
Why did Veeco (VECO) file an amended Form 4 for its CEO?
The amendment was filed voluntarily to correct the original Form 4. It reclassifies the RSU grant into the derivative securities table, adjusts total securities beneficially owned in the common stock table, and revises the total amount of unvested restricted stock units accordingly.