LOY BERTRAND 4
4 · ENTEGRIS INC · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
Entegris (ENTG) Executive Chair Loy Bertrand Sells Shares, Exercises Options
What Happened
- Loy Bertrand, Executive Chair and Director of Entegris (ENTG), exercised 9,838 stock options on Feb 24, 2026 at $98.11 per share (total exercise cost ≈ $965,206) and completed multiple open‑market sales on Feb 24–25, 2026.
- The open‑market sales totaled about 109,838 shares across several trades at weighted average prices between roughly $137 and $142, generating aggregate proceeds of about $15.2 million.
- These actions are sales (routine monetization/liquidity) combined with an option exercise; the filing shows both the exercise and same‑day sales (i.e., shares were sold after exercise).
Key Details
- Transaction dates: Feb 24 and Feb 25, 2026 (Form 4 filed Feb 26, 2026). Filing appears timely.
- Option exercise: 9,838 shares exercised at $98.11 (footnote indicates option fully vested).
- Sales: ~109,838 shares sold in multiple trades; reported proceeds ≈ $15,185,007. Reported weighted average prices per groups ranged roughly from $137.05 to $142.09 (see filing footnotes for exact ranges).
- Footnotes: some sales were executed under a Rule 10b5‑1 trading plan (established Feb 10, 2025). Several sale lines report weighted average prices and provide price ranges for the multiple transactions.
- Shares owned after the transactions: not specified in the provided excerpt of the filing.
Context
- The filing shows an option exercise followed by share sales the same days; this pattern is commonly used to cover exercise costs and/or to monetize equity, but the filing itself does not state a motive.
- Sales executed under a Rule 10b5‑1 plan are pre‑planned trades and are generally viewed as scheduled rather than based on contemporaneous inside information.
- For retail investors: purchases (insider buys) can be more informative of confidence than routine sales; Bertrand’s activity here is primarily a large, scheduled/market sale plus an exercise.
Insider Transaction Report
Form 4
ENTEGRIS INCENTG
LOY BERTRAND
DirectorExecutive Chair
Transactions
- Exercise/Conversion
Common Stock
2026-02-24$98.11/sh+9,838$965,206→ 327,605 total - Sale
Common Stock
[F1][F2]2026-02-24$140.49/sh−6,955$977,108→ 320,650 total - Sale
Common Stock
[F1][F3]2026-02-24$141.45/sh−2,783$393,655→ 317,867 total - Sale
Common Stock
[F1]2026-02-24$142.19/sh−100$14,219→ 317,767 total - Sale
Common Stock
[F4]2026-02-24$138.57/sh−47,611$6,597,456→ 270,156 total - Sale
Common Stock
[F5]2026-02-24$139.14/sh−2,067$287,602→ 268,089 total - Sale
Common Stock
[F6]2026-02-25$137.32/sh−46,522$6,388,401→ 221,567 total - Sale
Common Stock
[F7]2026-02-25$138.57/sh−3,800$526,566→ 217,767 total - Exercise/Conversion
Employee Stock Option (Right to Buy)
[F9][F8]2026-02-24−9,838→ 61,534 totalExercise: $98.11Exp: 2028-02-19→ Common Stock (9,838 underlying)
Footnotes (9)
- [F1]These shares were sold pursuant to a Rule 10b5-1 Trading Plan established by the Reporting Person on February 10, 2025.
- [F2]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $140.00 to $140.98, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F3]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $141.13 to $142.09, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F4]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.00 to $138.99, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F5]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $139.02 to $139.28, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F6]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $137.05 to $137.63, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F7]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $138.10 to $138.97, inclusive. The reporting person undertakes to provide Entegris, Inc., any shareholder of Entegris, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F8]This option is fully vested.
- [F9]Awarded pursuant to the Entegris, Inc. 2020 Stock Plan in consideration of services as an employee.
Signature
/s/ Joseph Colella, Attorney-In-Fact for Bertrand Loy|2026-02-26