Veeco CTO updates Form 4 for 32,000 RSU award
Porshnev Peter reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Porshnev Peter reported acquisition or exercise transactions in this Form 4 filing.
Veeco Instruments Chief Technology Officer Peter Porshnev filed an amended insider report to correct how a prior equity grant was shown. The amendment reports an award of 32,000 restricted stock units (RSUs), each representing one share of Veeco common stock, granted under the Veeco Instruments 2019 Stock Incentive Plan. These RSUs vest in three equal annual installments, with one-third vesting on each of the first, second and third anniversaries of the grant date, and shares delivered upon vesting. After the corrections, he is shown as directly holding 163,059.306 shares of common stock and 40,267 unvested RSUs.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Unit | 32,000 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Footnotes (3)
- F1. 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.
- F2. Each restricted stock unit represents a contingent right to receive one share of Veeco common stock.
- F3. 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
Key Terms
Restricted Stock Unit financial
Veeco Instruments 2019 Stock Incentive Plan financial
beneficially owned financial
unvested restricted stock units financial
contingent right financial
FAQ
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What insider activity did Veeco (VECO) report for CTO Peter Porshnev?
How many restricted stock units did the Veeco (VECO) CTO receive?
How do the Veeco (VECO) RSUs for the CTO vest over time?
What are the Veeco (VECO) CTO’s holdings after this amended Form 4?
Why was this Veeco (VECO) Form 4/A filed as an amendment?
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