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ENTEGRIS INC·4

Feb 23, 6:16 PM ET

Blachier Olivier 4

Research Summary

AI-generated summary

Updated

Entegris (ENTG) SVP Olivier Blachier Sells Shares After PSU Award

What Happened

  • Olivier Blachier, Senior Vice President & Chief Strategy Officer of Entegris (ENTG), received a 3,011-share award on Feb 19, 2026 tied to equity awards and immediately had shares withheld/sold to cover tax obligations and pursuant to a trading plan. A total of 3,048 shares were disposed on Feb 19–20, 2026 for a combined proceeds/value of about $402,414.
  • Details: 3,011 shares were awarded (settlement of performance share units and awards under the 2020 Stock Plan). Of the disposed shares, 1,384 shares were automatically withheld at $132.67/share to satisfy tax withholding (valued ~$183,615), and 1,664 shares were sold in the open market at $131.49/share (valued ~$218,799).

Key Details

  • Transaction dates & prices:
    • 2026-02-19: Award of 3,011 shares (no cash value shown).
    • 2026-02-19: 884 shares withheld @ $132.67 = $117,280 (tax withholding).
    • 2026-02-19: 500 shares withheld @ $132.67 = $66,335 (tax withholding).
    • 2026-02-20: Open-market sales — 206 shares, 1,064 shares, and 394 shares @ $131.49 (total $218,799).
  • Aggregate disposed shares: 3,048; aggregate value approx. $402,414.
  • Footnotes: Award tied to settlement of 2023–2025 PSUs and awards under the 2020 Stock Plan; certain shares were automatically withheld to satisfy tax obligations; market sales executed under a Rule 10b5-1 trading plan established Feb 21, 2025.
  • Shares owned after transaction: Not specified in the filing.
  • Filing timeliness: Form 4 filed Feb 23, 2026 reporting transactions on Feb 19–20, 2026 (filing appears timely under Form 4 rules).

Context

  • This was primarily an award settlement with routine withholding and planned sales, not an out-of-the-blue open-market purchase. The withheld shares reflect tax withholding upon settlement (a common administrative step), while the open-market sales were executed under a pre-arranged 10b5-1 plan (an automated trading plan that helps executives sell on a set schedule). These actions are administrative and do not necessarily signal a change in the insider’s view of the company.