ROHRS THOMAS M 4

What Happened

• Thomas M. Rohrs, a director of Ichor Holdings (ICHR), exercised options to acquire 53,908 shares on 2026-02-12 (report filed same day). The reported exercise cost (cash paid) was $22.56 per share, totaling $1,216,164. He then sold those 53,908 shares in open-market transactions at a weighted average price of $45.48, generating gross proceeds of $2,451,736. A separate derivative line reports the option conversion (exercise) as a disposition at $0, reflecting the conversion of the option into shares.
• This sequence (exercise then immediate sale) is a cashless/monetization-type transaction: the exercise created shares that were then sold the same day.

Key Details

• Transaction date: 2026-02-12 (filing date: 2026-02-12 — timely).
• Exercise: 53,908 shares at $22.56 each — $1,216,164 total paid.
• Sale: 53,908 shares at weighted avg. $45.48 each — $2,451,736 gross proceeds. Reported sale prices ranged from $43.76 to $46.92 (weighted average used).
• Net difference (proceeds minus exercise cost) roughly $1.24M before fees/taxes.
• Shares owned after the transactions: not specified in the provided excerpt.
• Footnotes: F1 notes the sale price is a weighted average across multiple trades ($43.76–$46.92). F2 describes the option’s original vesting schedule (25% vested May 14, 2020; remainder vested quarterly over three years).

Context

• For retail investors: an exercise followed by an immediate open‑market sale is common for executives/directors monetizing vested options; it doesn't necessarily signal long‑term bullishness or bearishness by itself. The derivative entry at $0 simply records the conversion of the option into shares as part of the exercise.