Titinger Jorge 4

What Happened Jorge Titinger, a Director of Axcelis Technologies, was granted 1,440 restricted stock units (RSUs) on May 15, 2026. The grant is reported as an acquisition at $0.00 (typical for RSU awards); no cash was paid. These RSUs are issuable on vesting and are subject to forfeiture until the vesting date.

Key Details

• Transaction date: May 15, 2026; Form 4 filed May 18, 2026 (timely filing).
• Grant: 1,440 RSUs; reported acquisition price $0.00.
• Vesting: RSUs will vest on May 15, 2027 assuming completion of the director’s current board term (Footnote F1).
• Shares held after transaction: 1,440 shares were issuable on vesting and are subject to forfeiture as of May 15, 2026 (Footnote F2).
• No 10b5-1 plan, tax-withholding, or late filing noted in the filing.

Context RSU grants to directors are common compensation for board service; they do not represent immediately tradable shares until vested. Such awards are routine and generally reflect compensation practices rather than a direct trading signal.