VECO Form 4: CEO Disposes 25,000 Shares, Retains 514,543
Rhea-AI Filing Summary
William John Miller, who is listed as CEO and a Director of Veeco Instruments Inc. (VECO), reported a sale of common stock on 10/01/2025. The Form 4 shows 25,000 shares were disposed of at a reported price of $32 per share. After the sale, the filing reports 514,543 shares beneficially owned by the reporting person. The form is signed by an attorney-in-fact on behalf of the reporting person on 10/03/2025.
Positive
- Reporting person retains 514,543 shares, indicating continued substantial ownership
- Form 4 includes required fields and signature by an attorney-in-fact dated 10/03/2025
Negative
- Disposition of 25,000 shares at $32 on 10/01/2025—a sale by the CEO/director
- Sale represents ~4.9% of the reporting person's post-transaction holdings (25,000 of 514,543)
Insights
Insider sale: small percentage of total holdings sold.
The filing documents a direct sale of 25,000 shares at $32, representing approximately 4.9% of the reporting person's post-sale beneficial ownership of 514,543 shares. This is a factual disclosure required under Section 16; the form does not state any reason for the sale.
Because the filing shows the reporting person remains a substantial shareholder with 514,543 shares, the sale alone does not, on its face, indicate a change in control or a material restructuring of ownership.
Form 4 properly reports a routine officer/director disposition.
The document records the transaction code S (sale) on 10/01/2025 and includes the required signature by an attorney-in-fact dated 10/03/2025. The filing contains the essential fields: transaction date, security title, amount sold, price, and post-transaction beneficial ownership.
No derivative transactions, amendments, or additional explanatory text are included in the filing.