DAMORE RICHARD A 4
Research Summary
AI-generated summary
Veeco (VECO) Director Richard Damore Receives Restricted Stock Award
What Happened
Richard A. Damore, a director of Veeco Instruments Inc. (VECO), was granted 2,945 restricted shares on May 8, 2026. The shares were awarded as director compensation under the Veeco Instruments Inc. 2019 Stock Incentive Plan. The reported acquisition price is $0.00 (no cash paid).
Key Details
- Transaction type: Award/Grant (code A) — 2,945 shares acquired on 2026-05-08 at $0.00 (total reported consideration $0).
- Filing: Form 4 filed with the SEC on 2026-05-11 reporting the May 8 transaction.
- Vesting/restrictions: Shares are subject to restrictions that lapse on the earlier of (i) the day before the Company’s 2027 Annual Meeting of stockholders or (ii) the first anniversary of the award. (Per footnote in filing.)
- Plan: Award made pursuant to the Veeco Instruments Inc. 2019 Stock Incentive Plan.
- Shares owned after transaction: Not specified in the filed Form 4.
Context
This was a compensation award to a director (not an open-market purchase or sale). Restricted stock grants are routine for board members and are subject to vesting conditions; they do not by themselves indicate buying/selling sentiment.