Veeco (NASDAQ: VECO) director receives 2,945 restricted stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
St Dennis Thomas reported acquisition or exercise transactions in this Form 4 filing.
Veeco Instruments director Thomas St. Dennis received a grant of 2,945 shares of common stock as restricted stock compensation. The award was made at no cash cost per share under the Veeco Instruments Inc. 2019 Stock Incentive Plan for his services as a director.
These restricted shares are subject to vesting conditions and will fully vest on the earlier of the date immediately preceding the company’s 2027 annual stockholders’ meeting or the first anniversary of the award date. Following this grant, St. Dennis directly holds 63,097 shares of Veeco common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
St Dennis Thomas
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,945 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 63,097 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock award: 2,945 shares
Award price per share: $0.00 per share
Holdings after transaction: 63,097 shares
3 metrics
Restricted stock award
2,945 shares
Common stock granted as director compensation on May 8, 2026
Award price per share
$0.00 per share
Grant/award acquisition, non-market transaction
Holdings after transaction
63,097 shares
Total direct Veeco common stock owned following the award
Key Terms
restricted stock, 2019 Stock Incentive Plan, Annual Meeting of stockholders
3 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"
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 transaction did Veeco (VECO) disclose for Thomas St. Dennis?
Veeco Instruments reported that director Thomas St. Dennis received 2,945 shares of common stock as a restricted stock award. The grant was made as compensation for his board service and increased his direct holdings to 63,097 shares after the transaction.
Was the Veeco (VECO) insider award to Thomas St. Dennis an open-market purchase?
No, the transaction was not an open-market purchase. The Form 4 shows an “A” code, indicating a grant or award, with a price of $0.00 per share, meaning these restricted shares were issued as director compensation rather than being bought in the market.