Veeco Instruments (VECO) director Damore sells 43,701 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veeco Instruments director Richard A. Damore sold common shares in an open-market transaction. He sold 43,701 shares of Veeco Instruments common stock at a weighted average price of $60.71 per share, with individual sale prices ranging from $60.42 to $61.15.
Following this sale, Damore directly owns 112,594 shares of Veeco Instruments common stock. The footnote explains that the reported price is an average and that detailed breakdowns of the shares sold at each price level are available upon request from the company, the SEC staff, or any security holder.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 43,701 shares ($2,653,088)
Net Sell
1 txn
Insider
DAMORE RICHARD A
Role
null
Sold
43,701 shs ($2.65M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 43,701 | $60.71 | $2.65M |
Holdings After Transaction:
Common Stock — 112,594 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 43,701 shares
Weighted average sale price: $60.71 per share
Sale price range: $60.42–$61.15 per share
+1 more
4 metrics
Shares sold
43,701 shares
Open-market sale of Veeco Instruments common stock
Weighted average sale price
$60.71 per share
Average price for the reported share sale
Sale price range
$60.42–$61.15 per share
Range of individual trade prices in the transaction
Shares owned after transaction
112,594 shares
Damore’s direct holdings following the sale
Key Terms
open-market sale, weighted average sale price, Form 4, transaction code "S"
4 terms
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.
weighted average sale price financial
"Reflects average weighted sale price. Actual sale prices ranged"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "S" financial
"transaction_code" : "S","transaction_code_description""
FAQ
What insider transaction did Veeco Instruments (VECO) disclose for Richard A. Damore?
Veeco Instruments reported that director Richard A. Damore sold 43,701 shares of common stock in an open-market transaction at a weighted average price of $60.71 per share. This filing details the size, pricing, and resulting holdings after the sale.
Was Richard A. Damore’s Veeco Instruments (VECO) sale a direct open-market transaction?
Yes. The Form 4 identifies the transaction code as “S,” described as an open-market or private sale, and classifies the ownership as direct. This indicates Damore personally conducted the sale rather than through an intermediary entity or indirect holding structure.
What additional pricing details are available for Richard A. Damore’s Veeco Instruments (VECO) share sale?
The filing’s footnote states that the reported price is a weighted average and that actual sale prices ranged from $60.42 to $61.15. Damore undertakes to provide full information on the number of shares sold at each separate price level upon appropriate request.