Haris Clinton M. 4
Research Summary
AI-generated summary
Entegris (ENTG) SVP Haris Clinton M. Exercises Options & Sells Shares
What Happened
- Haris Clinton M., SVP & President, APS Division of Entegris, exercised 5,830 stock options at $55.72 per share (cost $324,848) and immediately sold the 5,830 shares in the open market at $144.57 per share for proceeds of $842,843 on May 14, 2026. The filing also reports a related derivative disposition of 5,830 shares at $0.00 reflecting the conversion/settlement tied to the exercise.
Key Details
- Transaction date: 2026-05-14.
- Option exercise: 5,830 shares at $55.72 each — total cost $324,848 (report shows option is fully vested).
- Open-market sale: 5,830 shares at $144.57 each — proceeds $842,843; sale executed pursuant to a Rule 10b5-1 trading plan established Feb 13, 2026 (footnote F1).
- Derivative entry: 5,830 shares disposed at $0.00, reflecting the conversion/settlement of the exercised option (footnotes F2, F3 note vesting and grant plan).
- Shares owned after transaction: not disclosed in the provided summary.
- Filing: Reported on 2026-05-18 for a 2026-05-14 transaction (filed within the required reporting window).
Context
- This sequence (exercise + immediate sale) is a common way insiders realize value from vested options; here the options were exercised and the same shares were sold, consistent with a cashless/execution-and-sell event. The sale was executed under a pre-established 10b5-1 plan, which typically means the sale terms were set in advance and not an ad-hoc trade.