Veeco Instruments (VECO) CFO family trust sells 35,000 shares in planned trades
Rhea-AI Filing Summary
Veeco Instruments Inc. senior vice president and chief financial officer John P. Kiernan reported indirect sales of 35,000 shares of common stock on August 10, 2026 through a family trust. The shares were sold in multiple open-market transactions under a Rule 10b5-1 trading plan at weighted-average prices ranging from the high $49 area to the mid $54 level per share.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 35,000 shares
Net Sell
5 txns
Insider
KIERNAN JOHN P
Role
SVP & CHIEF FINANCIAL OFFICER
Sold
35,000 shs ($1.79M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 20,256 | $50.42 | $1.02M |
| Sale | Common Stock F2 | 10,236 | $51.29 | $525K |
| Sale | Common Stock F3 | 2,100 | $52.50 | $110K |
| Sale | Common Stock F4 | 800 | $53.44 | $43K |
| Sale | Common Stock | 1,608 | $54.28 | $87K |
Holdings After Transaction:
Common Stock — 68,802 shares (Indirect, By Family Trust)
Footnotes (4)
- F1. Reflects average weighted sale price. Actual sale prices ranged from $49.985 to $50.985 per share. The reporting person undertakes to provide, upon the request of the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F2. Reflects average weighted sale price. Actual sale prices ranged from $50.995 to $51.965 per share. The reporting person undertakes to provide, upon the request of the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F3. Reflects average weighted sale price. Actual sale prices ranged from $52.10 to $52.96 per share. The reporting person undertakes to provide, upon the request of the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
- F4. Reflects average weighted sale price. Actual sale prices ranged from $53.20 to $53.98 per share. The reporting person undertakes to provide, upon the request of the SEC staff, the issuer or any security holder of the issuer, full information regarding the number of shares sold at each separate price.
Key Figures
Total shares sold: 35,000 shares
Block sale shares at $50.420: 20,256 shares
Block sale shares at $51.290: 10,236 shares
+3 more
6 metrics
Total shares sold
35,000 shares
Aggregate common stock sold indirectly via family trust on August 10, 2026
Block sale shares at $50.420
20,256 shares
Weighted-average price block with actual trade prices from $49.985 to $50.985 per share
Block sale shares at $51.290
10,236 shares
Weighted-average price block with actual trade prices from $50.995 to $51.965 per share
Block sale shares at $52.500
2,100 shares
Weighted-average price block with actual trade prices from $52.10 to $52.96 per share
Block sale shares at $53.440
800 shares
Weighted-average price block with actual trade prices from $53.20 to $53.98 per share
Final block sale price
$54.280 per share
1,608 shares sold at a per-share price reported without a qualifying footnote
Key Terms
Rule 10b5-1 trading plan, weighted-average sale price, indirect ownership, open market or private transaction
4 terms
Rule 10b5-1 trading plan regulatory
"Transactions were marked as made under a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
weighted-average sale price financial
"Reflects average weighted sale price with actual prices in a stated range"
indirect ownership financial
"Shares reported as indirectly held, nature of ownership described as By Family Trust"
open market or private transaction financial
"Transaction code S described as Sale in open market or private transaction"
FAQ
What insider transaction did Veeco Instruments (VECO) disclose on this Form 4?
Veeco Instruments disclosed that CFO John P. Kiernan’s family trust sold 35,000 shares of common stock on August 10, 2026. The sales occurred in multiple open-market trades at various weighted-average prices between the high $49 and mid $54 range per share.
Were the VECO insider stock sales by John P. Kiernan made under a Rule 10b5-1 plan?
Yes. The filing indicates the transactions were made under a Rule 10b5-1 trading plan. Such plans pre-arrange trade timing and size, which can reduce the informational value of the transactions’ timing for assessing the insider’s current views on Veeco Instruments.
Were John P. Kiernan’s VECO sales direct or indirect holdings?
All reported sales involved indirect ownership described as “By Family Trust.” This means the transactions related to shares held through a family trust associated with Veeco’s chief financial officer, rather than directly held personal share accounts in his own name.
What transaction code was used for the Veeco (VECO) insider trades by the Kiernan trust?
Each transaction used code “S”, defined as a sale in an open market or private transaction. The filing’s structured data also classifies each row as a non-derivative sale of common stock, reinforcing that these were straightforward common share disposals.
AI-generated analysis. How Rhea-AI works. Not financial advice.