Haris Clinton M. 4
Research Summary
AI-generated summary
Entegris (ENTG) SVP Haris Clinton Exercises Options, Sells Shares
What Happened Haris Clinton M., SVP & President, APS Division at Entegris, exercised 6,848 stock options on May 27, 2026 and immediately sold the resulting 6,848 shares in an open-market transaction. The options were exercised at $98.11 per share (total cost $671,857) and the shares were sold at $149.23 per share (gross proceeds $1,021,927). The filing also reports the corresponding derivative instrument as disposed (reported at $0.00), reflecting the conversion/exercise of the option.
Key Details
- Transaction date: 2026-05-27 (reported on Form 4 filed 2026-05-28). Filing appears timely.
- Exercise (code M): 6,848 shares acquired at $98.11 — total cash paid $671,857.
- Sale (code S): 6,848 shares sold in the open market at $149.23 — gross proceeds $1,021,927.
- Derivative disposition: 6,848 option units reported disposed at $0.00 (reflects conversion/exercise).
- Shares owned after transaction: not specified in the provided excerpt of the filing.
- Footnotes: F1 — the sale was executed pursuant to a Rule 10b5-1 trading plan established Feb 13, 2026; F2 — the option was fully vested; F3 — award granted under the Entegris, Inc. 2020 Stock Plan.
Context This is effectively a cashless exercise: the insider exercised vested options and sold the resulting shares the same day. The sale was made under a pre-established 10b5-1 plan, indicating it was a preplanned disposition rather than an ad-hoc trade. The filing is factual and does not indicate the insider’s motivation.