Veeco Instruments (VECO) director awarded 2,945 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Chand Sujeet reported acquisition or exercise transactions in this Form 4 filing.
Veeco Instruments director Sujeet Chand received a stock grant. He was awarded 2,945 shares of restricted common stock as consideration for his services as a director under the Veeco Instruments Inc. 2019 Stock Incentive Plan. After this award, he directly holds 33,079 shares of common stock.
The restrictions on these shares will lapse on the earlier of the date immediately preceding Veeco’s 2027 annual meeting of stockholders or the first anniversary of the award date, aligning the equity compensation with his ongoing board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Chand Sujeet
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,945 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,079 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock grant: 2,945 shares
Post-transaction holdings: 33,079 shares
Award price per share: $0.00 per share
+2 more
5 metrics
Restricted stock grant
2,945 shares
Awarded as director compensation on 2026-05-08
Post-transaction holdings
33,079 shares
Common stock directly held by Sujeet Chand after grant
Award price per share
$0.00 per share
Reported grant/acquisition price for restricted stock
Award plan
2019 Stock Incentive Plan
Plan under which restricted stock was granted
Restriction end trigger
2027 annual meeting / 1-year anniversary
Restrictions lapse on earlier of these dates
Key Terms
restricted stock, 2019 Stock Incentive Plan, Annual Meeting of stockholders, Form 4
4 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"
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 did Veeco Instruments (VECO) director Sujeet Chand report in this Form 4?
Director Sujeet Chand reported receiving 2,945 shares of restricted common stock in a grant. The award was made as compensation for his board service under Veeco’s 2019 Stock Incentive Plan and increased his direct holdings to 33,079 shares.
What type of equity did Sujeet Chand receive from Veeco Instruments (VECO)?
He received 2,945 shares of restricted common stock, not a cash payment. The grant was issued at a stated price of $0.00 per share as director compensation under Veeco’s 2019 Stock Incentive Plan, subject to vesting-like restrictions.
Was Sujeet Chand’s Veeco Instruments (VECO) Form 4 a purchase or a grant?
The Form 4 reports a grant, not an open-market purchase. The transaction code "A" identifies it as a grant or award acquisition, providing equity compensation for director services rather than a discretionary buy in the market.