Veeco (NASDAQ: VECO) SVP sells 10,000 shares of common stock at $65
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
VEECO INSTRUMENTS INC senior vice president of product line development, Adrian Devasahayam, reported an open-market sale of 10,000 shares of common stock at $65.00 per share. Following this sale, he directly holds 85,115.208 shares of Veeco common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares ($650,000)
Net Sell
1 txn
Insider
Devasahayam Adrian
Role
SVP - PRODUCT LINE DEVELOPMENT
Sold
10,000 shs ($650K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 10,000 | $65.00 | $650K |
Holdings After Transaction:
Common Stock — 85,115.208 shares (Direct, null)
Footnotes (1)
Key Figures
Shares sold: 10,000 shares
Sale price: $65.00 per share
Shares held after sale: 85,115.208 shares
3 metrics
Shares sold
10,000 shares
Open-market sale of common stock
Sale price
$65.00 per share
Reported transaction price
Shares held after sale
85,115.208 shares
Direct ownership following transaction
Key Terms
open-market sale, Common Stock, Form 4
3 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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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.
FAQ
What insider transaction did VECO report for Adrian Devasahayam?
Veeco reported that Adrian Devasahayam executed an open-market sale of 10,000 shares of common stock at $65.00 per share. The transaction was disclosed on a Form 4 as a routine Section 16 insider trading report.
What role does Adrian Devasahayam hold at Veeco Instruments (VECO)?
Adrian Devasahayam serves as senior vice president, product line development, at Veeco. His executive position makes him a Section 16 reporting insider, requiring prompt disclosure of trades in Veeco common stock through Form 4 filings with the SEC.
Was the VECO insider transaction classified as an open-market sale?
Yes. The transaction code on the Form 4 is “S,” which identifies the trade as a sale in an open-market or private transaction. The filing further describes it as an open-market sale of Veeco common stock by the reporting executive.