Chand Sujeet 4
4 · VEECO INSTRUMENTS INC · Filed May 11, 2026
Research Summary
AI-generated summary of this filing
Veeco (VECO) Director Chand Sujeet Receives Restricted Stock Award
What Happened
- Chand Sujeet, a director of Veeco Instruments Inc. (VECO), was granted 2,945 restricted shares on 2026-05-08. The Form 4 reports an acquisition price of $0 (award/grant), and no dollar value is shown on the filing. The award was made under the Veeco Instruments Inc. 2019 Stock Incentive Plan as compensation for director services.
Key Details
- Transaction date and type: 2026-05-08 — Award/Grant of restricted stock (code A).
- Price reported on Form 4: $0.00 per share; total reported consideration: $0.
- Shares owned after the transaction: not disclosed in the filing.
- Vesting/restrictions: These shares are subject to restrictions that lapse on the earlier of (i) the date immediately preceding the Company's 2027 Annual Meeting of stockholders or (ii) the first anniversary of the award date (per footnote F1).
- Filing date: 2026-05-11 (no late-filing flag shown in the data provided).
Context
- This is a compensation grant to a director, not an open-market purchase or sale. Restricted shares typically convert to unrestricted shares when the stated conditions lapse; such awards are common for board compensation and do not, by themselves, indicate insider buying or selling intent.
Insider Transaction Report
Form 4
Chand Sujeet
Director
Transactions
- Award
Common Stock
[F1]2026-05-08+2,945→ 33,079 total
Footnotes (1)
- [F1]These shares were awarded as restricted stock pursuant to the Veeco Instruments Inc. 2019 Stock Incentive Plan in consideration of services as a director. These shares are subject to certain restrictions which shall lapse on the earlier to occur of: (i) the date immediately preceding the date of the Company's 2027 Annual Meeting of stockholders and (ii) the first anniversary of the award date.
Signature
/s/ Kirk W. Mackey, Attorney-in-Fact|2026-05-11