Veeco (VECO) SVP receives 26,910 PRSU shares and surrenders stock for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veeco Instruments senior vice president Susan Wilkerson reported routine equity compensation activity. On March 20, 2026, she acquired 26,910 shares of common stock upon vesting of performance-based restricted stock units that were earned at a 172.5% achievement level relative to the award’s criteria.
To cover tax withholding obligations on this vesting, 6,996 shares were surrendered back to Veeco at a price of $31.00 per share, which is a non-market, tax-related disposition. She also acquired 549 shares through the Veeco Employee Stock Purchase Plan on the same date, bringing her direct holdings to 110,696.525 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Wilkerson Susan
Role
SVP, GLOBAL SALES & SERVICE
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Common Stock | 26,910 | $0.00 | -- |
| Tax Withholding | Common Stock | 6,996 | $31.00 | $217K |
| Grant/Award | Common Stock | 549 | $25.959 | $14K |
Holdings After Transaction:
Common Stock — 117,143.525 shares (Direct)
Footnotes (1)
- On March 13, 2023, the reporting person was granted the contingent right to receive 15,600 performance-based restricted stock units ("PRSUs"). This contingent right was subject to the reporting person's continued service with the Company and the achievement of three-year performance criteria, which was based on the Company's total shareholder return relative to other companies in the Russell 2000 as specified in the award agreement (the "Criteria"). Each PRSU represented the contingent right to receive one share of Veeco common stock. The award, if earned, could range from 50% to 200% of the granted PRSUs based on the achievement of the Criteria. The common stock award reflected in this filing represents achievement at the 172.5% level, which was realized Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock. Represents 549 shares purchased under the Veeco Employee Stock Purchase Plan on March 20, 2026.
FAQ
What insider transactions did Veeco (VECO) SVP Susan Wilkerson report?
Susan Wilkerson reported three transactions involving Veeco common stock. She received 26,910 shares from vested performance-based RSUs, surrendered 6,996 shares back to Veeco to satisfy tax withholding, and acquired 549 shares through the Veeco Employee Stock Purchase Plan, all dated March 20, 2026.
Were Susan Wilkerson’s Veeco (VECO) Form 4 transactions open-market buys or sells?
None of the reported transactions were open-market trades. The 26,910-share increase came from vesting of performance-based RSUs, 6,996 shares were surrendered for tax withholding, and 549 shares were acquired under the employee stock purchase plan, which is a company program rather than an open-market purchase.
What performance criteria triggered Susan Wilkerson’s Veeco (VECO) PRSU vesting?
The vested award was tied to three-year performance-based RSUs granted in March 2023. Vesting depended on continued service and the company’s total shareholder return versus Russell 2000 companies. The shares issued reflect achievement at a 172.5% level under those criteria.