Titinger Jorge 4

What Happened
Jorge Titinger, a director of Axcelis Technologies (ACLS), sold 1,000 shares on February 20, 2026 at $80.00 per share, for proceeds of $80,000. This was a sale (not a purchase or grant) reported on a Form 4.

Key Details

• Transaction date and price: Feb 20, 2026 — 1,000 shares @ $80.00 (sale), proceeds $80,000.
• Reported method: Open market or private sale (reported as “S” on the Form 4).
• Shares held after transaction: The filing notes that of the shares held after the sale, 3,586 were issuable on vesting of restricted stock units (RSUs) and remain subject to forfeiture; the filing does not state total post-sale beneficial ownership.
• Footnote: F1 — 3,586 shares were issuable on vesting of RSUs and are subject to forfeiture.
• Filing timeliness: Form filed Feb 23, 2026; this appears to be within the required SEC reporting window (filed on the next business day following the Feb 20 transaction).

Context
This was an insider sale, which is common and can reflect routine needs (diversification, taxes, etc.). Such sales are generally less informative about management’s view of the company than purchases or new awards. No 10b5-1 plan or other sale-plan notation is indicated in the provided filing.