Donaghey John 4

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.