GRAVES GREGORY B 4

What Happened
Gregory B. Graves, a director of Axcelis Technologies (ACLS), sold a total of 3,225 shares in open-market transactions on May 19, 2026, generating approximately $456,697 in proceeds. The sales consisted of 2,625 shares reported at a weighted-average price of $141.41 (proceeds $371,188) and 600 shares at a weighted-average price of $142.51 (proceeds $85,509). These were outright sales (transaction code S), which are often routine liquidity events rather than an indication of company outlook.

Key Details

• Transaction dates: May 19, 2026 (both sales). Filing date: May 20, 2026 (filed the next day; appears timely).
• Trade 1: 2,625 shares sold; weighted-average price $141.41; price range reported $141.3301–$141.6000. Proceeds ≈ $371,188.
• Trade 2: 600 shares sold; weighted-average price $142.51; price range reported $142.4400–$142.6400. Proceeds ≈ $85,509.
• Total sold: 3,225 shares for ~ $456,697.
• Shares held after the sale: filing notes that 2,110 of the shares held after the sale are issuable upon vesting of restricted stock units under the 2012 Equity Incentive Plan and remain subject to forfeiture.
• Footnotes: weighted-average prices reflect multiple executions; detailed per-price quantities can be provided to SEC staff on request. No 10b5-1 plan or special withholding arrangement is indicated in the filing.

Context

• Sales (S) are routine for insiders when they need liquidity; they carry less informational weight than purchases.
• The filing shows open-market sales rather than option exercises, grants, or gifts.