Veeco Instruments (NASDAQ: VECO) director gets restricted stock, donates shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veeco Instruments director Mary Jane Raymond reported a stock grant and a charitable gift of common shares. She received 2,945 shares of restricted stock under the Veeco Instruments Inc. 2019 Stock Incentive Plan as consideration for director services, and gifted 1,000 shares to St. Joseph's University. After these transactions, she directly held 29,967 shares of Veeco common stock. The restricted shares will vest when the restrictions lapse on the earlier of the date immediately preceding Veeco's 2027 annual stockholders' meeting or the first anniversary of the award date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,000 shares gifted
Mixed
2 txns
Insider
RAYMOND MARY JANE
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,945 | $0.00 | -- |
| Gift | Common Stock | 1,000 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 29,967 shares (Direct, null)
Footnotes (1)
- These shares were awarded as restricted stock pursuant to the Veeco Instruments Inc. 2019 Stock Incentive Plan in consideration of services as a director. These shares are subject to certain restrictions which shall lapse on the earlier to occur of: (i) the date immediately preceding the date of the Company's 2027 Annual Meeting of stockholders and (ii) the first anniversary of the award date. This transaction involved a gift of securities by the reporting person to St. Joseph's University.
Key Figures
Restricted stock award: 2,945 shares
Gifted shares: 1,000 shares
Post-transaction holdings: 29,967 shares
+2 more
5 metrics
Restricted stock award
2,945 shares
Granted as director compensation on May 8, 2026
Gifted shares
1,000 shares
Bona fide gift to St. Joseph's University on May 8, 2026
Post-transaction holdings
29,967 shares
Direct ownership after reported transactions
Restriction lapse latest trigger
Company's 2027 annual meeting
Restrictions lapse immediately before this meeting or first anniversary
Award alternative vesting date
First anniversary of award date
Earlier of this date or pre-2027 annual meeting
Key Terms
restricted stock, 2019 Stock Incentive Plan, bona fide gift, annual meeting of stockholders
4 terms
restricted stock financial
"These shares were awarded as restricted stock pursuant to the Veeco Instruments Inc. 2019 Stock Incentive Plan"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
2019 Stock Incentive Plan financial
"pursuant to the Veeco Instruments Inc. 2019 Stock Incentive Plan in consideration of services as a director"
bona fide gift financial
"This transaction involved a gift of securities by the reporting person to St. Joseph's University."
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
annual meeting of stockholders financial
"shall lapse on the earlier to occur of: (i) the date immediately preceding the date of the Company's 2027 Annual Meeting of stockholders"
FAQ
What insider transactions did VECO director Mary Jane Raymond report?
Mary Jane Raymond reported two transactions involving Veeco common stock. She received 2,945 restricted shares as a director compensation award and made a bona fide gift of 1,000 shares to St. Joseph's University, both dated May 8, 2026.
What are the vesting terms of the VECO restricted stock award?
The 2,945 restricted shares are subject to vesting restrictions. These restrictions lapse on the earlier of the date immediately preceding Veeco's 2027 annual stockholders' meeting or the first anniversary of the award date, according to the award terms.