Sayiner Necip 4

What Happened
Necip Sayiner, a director of Axcelis Technologies (ACLS), received a grant of 1,440 restricted stock units (RSUs) on May 15, 2026. The Form 4 reports an acquisition-type transaction (code A) with a reported price of $0.00 (no cash paid at grant). These RSUs are issuable shares that will vest on May 15, 2027 assuming completion of the director’s current term of service.

Key Details

• Transaction date: May 15, 2026; Form 4 filed May 18, 2026. (No indication in the filing that it was late.)
• Grant: 1,440 RSUs; reported price $0.00 (award/grant, not a market purchase).
• Vesting: RSUs will vest on May 15, 2027 if the director completes his current board term (footnote F1).
• Existing RSUs: The filing notes that, as of May 15, 2026, 2,110 shares were issuable on vesting of previously granted RSUs to the director and remain subject to forfeiture (footnote F2).
• Shares owned after transaction: The filing does not state a total number of currently owned free-trading shares; the disclosure focuses on RSUs issuable on vesting.

Context
RSU grants are compensation/retention awards tied to continued service and do not represent an immediate market purchase or sale. Because they are subject to forfeiture until vesting, they do not necessarily indicate a near-term trading signal.