KIERNAN JOHN P 4/A
4/A · VEECO INSTRUMENTS INC · Filed May 8, 2026
Research Summary
AI-generated summary of this filing
Veeco (VECO) CFO John Kiernan Receives 42,500 RSUs
What Happened
John P. Kiernan, Chief Financial Officer of Veeco Instruments Inc. (VECO), is reported to have acquired 42,500 shares by way of a derivative transaction (code M) on 2026-03-10 at an acquisition price of $0.00. The filing is an amendment; footnotes clarify these are restricted stock units (RSUs) granted under Veeco’s 2019 Stock Incentive Plan rather than a cash purchase or immediate sale. No cash value was paid at grant.
Key Details
- Transaction date: March 10, 2026 (reported originally on Form 4 filed March 12, 2026; amended Form 4 filed May 8, 2026).
- Reported amount: 42,500 RSUs; acquisition price reported as $0.00 (award).
- Vesting: RSUs vest 1/3 on each of the first, second and third anniversaries of the grant date; vested shares will be delivered on each vesting date (per footnotes).
- Filing note: This is an amended filing made voluntarily to move the grant to Table II (unvested awards) and to revise the reported beneficial ownership and unvested RSU totals.
- Shares owned after transaction: The amended filing adjusts totals in the tables; the exact post-transaction beneficial ownership count is not provided in the excerpt.
Context
This transaction represents an equity award (compensation/retention RSUs) rather than an open-market purchase or sale, so it is not a direct market-timing signal. The grant is subject to standard vesting restrictions; there is no indication in the filing that any shares were sold immediately.
Insider Transaction Report
- Exercise/Conversion
Restricted Stock Unit
[F2][F3]2026-03-10+42,500→ 55,918 total→ common stock (42,500 underlying)
- 103,802(indirect: By Trust)
Common Stock
[F1]
Footnotes (3)
- [F1]Reflects an amendment being filed on a voluntary basis to amend the Form 4 filed by the Reporting Person on March 12, 2026. The amendment reflects (1) reporting of the applicable grant in Table II instead of Table I, (2) a corresponding revision to the total amount of securities beneficially owned in Table I and (3) a corresponding revision to the total amount of unvested restricted stock units in Table II.
- [F2]Each restricted stock unit represents a contingent right to receive one share of Veeco common stock.
- [F3]These restricted stock units (RSUs) were acquired pursuant to an award under the Veeco Instruments 2019 Stock Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to 1/3 of such RSUs on each of the first, second and third anniversaries of the date of grant. Vested shares of Veeco common stock will be delivered to the reporting person on the vesting date.