Veeco Instruments (VECO) director sells shares and receives restricted stock grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veeco Instruments director Gordon Hunter reported both a sale and an equity award of common stock. He sold 7,746 shares of Veeco Instruments common stock in an open-market transaction at a weighted average price of $58.76 per share, leaving him with 82,208 shares immediately after this sale. On the same date, he received an award of 2,945 shares of restricted stock at no cash cost under the Veeco Instruments Inc. 2019 Stock Incentive Plan as consideration for his services as a director. These restricted shares are subject to vesting conditions that lapse on the earlier of the date immediately preceding the company’s 2027 annual stockholders’ meeting or the first anniversary of the award date, resulting in total direct holdings of 89,954 shares after the award.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 7,746 shares ($455,155)
Net Sell
2 txns
Insider
HUNTER GORDON
Role
null
Sold
7,746 shs ($455K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,945 | $0.00 | -- |
| Sale | Common Stock | 7,746 | $58.76 | $455K |
Holdings After Transaction:
Common Stock — 89,954 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. Reflects average weighted purchase price. Actual purchase prices ranged from $58.53 to $58.86 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 purchased at each separate price.
Key Figures
Shares sold: 7,746 shares
Weighted average sale price: $58.76 per share
Sale price range: $58.53–$58.86 per share
+3 more
6 metrics
Shares sold
7,746 shares
Open-market sale of common stock
Weighted average sale price
$58.76 per share
Common stock sale on 2026-05-08
Sale price range
$58.53–$58.86 per share
Range of actual sale prices
Shares after sale
82,208 shares
Holdings following the sale transaction
Restricted stock award
2,945 shares
Grant under 2019 Stock Incentive Plan
Shares after award
89,954 shares
Direct ownership following award
Key Terms
restricted stock, 2019 Stock Incentive Plan, weighted average purchase price, open-market sale, +1 more
5 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"
weighted average purchase price financial
"Reflects average weighted purchase price. Actual purchase prices ranged from $58.53 to $58.86 per share."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""
FAQ
What insider transactions did Veeco Instruments (VECO) director Gordon Hunter report?
Gordon Hunter reported an open-market sale and a stock award. He sold 7,746 Veeco Instruments common shares and received 2,945 restricted shares as director compensation, resulting in direct ownership of 89,954 shares after these transactions.
What stock award did Gordon Hunter receive from Veeco Instruments (VECO)?
He received 2,945 shares of restricted Veeco Instruments common stock at no cash cost. The award was granted under the Veeco Instruments Inc. 2019 Stock Incentive Plan as consideration for his services as a director, subject to specified vesting conditions.
What are the vesting terms of Gordon Hunter’s Veeco Instruments (VECO) restricted stock?
The restricted shares’ restrictions lapse on the earlier of two dates. They vest either immediately before Veeco’s 2027 annual meeting of stockholders or on the first anniversary of the award date, whichever occurs first, as specified in the filing footnote.