Blachier Olivier 4
Research Summary
AI-generated summary
Entegris (ENTG) SVP Olivier Blachier Exercises Options & Sells Shares
What Happened
Olivier Blachier, Senior Vice President and Chief Strategy Officer of Entegris (ENTG), exercised stock options and sold shares on 2026-05-14. The filing shows an acquisition by exercise of 2,000 shares at $80.71 per share (total cost $161,420), an open-market sale of 2,000 shares at a weighted average price of $140.04 per share (total proceeds $280,080), and a separate reported disposition of 2,000 shares at $0.00 related to a derivative conversion. The transactions are reported under codes M (option exercise) and S (sale).
Key Details
- Transaction date: 2026-05-14; Form 4 filed 2026-05-18 (filed within the normal reporting window).
- Exercise: 2,000 shares at $80.71 each — cost $161,420.
- Sale: 2,000 shares sold in multiple trades at a weighted average price of $140.04 — proceeds $280,080 (prices ranged $140.00–$140.18 per footnote).
- Derivative disposition: 2,000 shares reported as disposed at $0.00 in a separate derivative conversion entry.
- Shares owned after the transactions: not specified in the provided data.
- Footnotes:
- F1: Sale price is a weighted average; sales occurred at $140.00–$140.18.
- F2: The option vests in four annual installments (Feb 19 of 2024–2027).
- F3: Awards were issued under the Entegris, Inc. 2020 Stock Plan.
Context
- The filing shows an option exercise combined with a same-day open-market sale, a common pattern where executives realize value from vested options. The separate $0.00 derivative disposition reflects a conversion/settlement entry reported on the Form 4 (see plan footnotes for mechanics).
- These are routine insider transactions reflecting option vesting and exercise; they are factual disclosures and do not, by themselves, indicate the insider’s future views on the company.