Donaghey John 4

4 · ADVANCED ENERGY INDUSTRIES INC · Filed Feb 20, 2026

AI-generated summary of this filing

Updated Feb 20, 2026

Advanced Energy (AEIS) EVP John Donaghey Receives Award Shares

What Happened

John Donaghey, EVP, Global Sales of Advanced Energy Industries (AEIS), had performance-based awards vest on 2026-02-18. The filing shows 8,590 shares acquired at an attributable value of $314.12 per share (total ~$2,698,291).
To satisfy tax withholding, 3,273 of those shares were withheld (valued at ~$1,028,115). The filing also reports a separate conversion/disposition of 5,255 derivative units at $0.00 (see footnotes for details). These transactions are award vesting and not open-market sales.

Key Details

Transaction date: 2026-02-18; Form 4 filed 2026-02-20 (timely).
Acquired: 8,590 shares @ $314.12 (performance units converted to common stock) — value ~$2,698,291.
Withheld for taxes (Disposition code F): 3,273 shares @ $314.12 — value ~$1,028,115.
Reported conversion/disposition of 5,255 derivative shares @ $0.00 (transaction code M, see footnotes).
Shares owned after transaction: 12,719 shares of common stock and 2,627 unvested restricted stock units (per filing footnote).
Footnotes: F1/F4 — these were performance unit awards under the 2023 Long-Term Incentive Plan granted at 100% of target and vested after the 3-year performance period; F2 — tax withholding by share surrender; F3 — breakdown of post-transaction holdings.

Context

This was vesting/settlement of performance awards, not an open-market purchase or sale. The tax withholding (code F) is routine for vested equity awards. The reported derivative conversion at $0.00 reflects internal conversion/settlement mechanics of the award rather than a cash sale.
No evidence in this filing of a 10% owner transaction or a 10b5-1 plan; do not infer buy/sell intent from routine award vesting.

Form 4

Period: 2026-02-18

EVP, Global Sales

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-02-18$314.12/sh+8,590$2,698,291→ 18,619 total
Tax Payment
Common Stock
[F2][F3]
2026-02-18$314.12/sh−3,273$1,028,115→ 15,346 total
Exercise/Conversion
Performance Units
[F4]
2026-02-18−5,255→ 0 total
Exercise: $0.00→ Common Stock (0 underlying)

Footnotes (4)

[F1]Represents the total number of shares vested pursuant to the performance unit award issued under the 2023 Long-Term Incentive Plan (the "2023 LTI Plan"), and reported voluntarily on 3/3/2023, based on achievement of performance metrics under the 2023 LTI Plan. The shares were approved for a 2/18/2026 release by the Board of Directors.
[F2]Payment of tax liability by withholding securities incident to vesting of performance stock units.
[F3]Represents 2,627 shares of unvested restricted stock units and 12,719 shares of common stock.
[F4]These performance unit awards were issued under the 2023 LTI Plan at 100% of target and reported voluntarily on 3/3/2023. Following the end of the three-year performance period, the awards vested based on achievement of performance metrics under the 2023 LTI Plan.

Signature

/s/ Elizabeth Vonne - Attorney-in-Fact|2026-02-20

1 file