DAMORE RICHARD A 4
Research Summary
AI-generated summary
Veeco Instruments (VECO) Director Richard Damore Sells 43,701 Shares
What Happened
- Richard A. Damore, a director of Veeco Instruments (VECO), sold 43,701 shares in an open-market transaction on May 14, 2026. The weighted average sale price was $60.71 per share for proceeds of approximately $2,653,088. This was a sale (S) — typically a routine disposition rather than a purchase signal.
Key Details
- Transaction date: 2026-05-14 (open-market sale, code S)
- Reported filing date: 2026-05-18 — filed within the standard 2 business-day window
- Shares sold: 43,701; weighted average price: $60.71; total proceeds: ~$2,653,088
- Footnote: Actual sale prices ranged from $60.42 to $61.15 per share. The filer notes the weighted average and offers to provide a full price-by-price breakdown on request (Footnote F1).
- Shares owned after transaction: not provided in the summary information here — check the full Form 4 for post-transaction holdings.
Context
- This was a straight sale of shares (insider code S). Sales by insiders can be routine (diversification, tax planning, prearranged plans) and do not necessarily indicate a change in view about the company. Purchases generally carry more weight as affirmative insider confidence signals. For full context, investors should review the complete Form 4 and the insider’s historical trading pattern.