PDF Solutions Inc: president and CEO John Kachig received 71,000 shares

What happened

• John Kachig, president and CEO and director, was granted 71,000 performance stock units (PSUs) on Sep 1, 2026. The award is reported as a derivative acquisition at $0.00 per unit for a total reported value of $0.00.

Key details

• Transaction date and price: Sep 1, 2026; $0.00 per unit (transaction code A: award/grant).
• Shares owned after the transaction: not reported in the supplied filing details.
• Footnotes from the filing:
  • F1: PSUs represent a contingent right to receive one share of common stock.
  • F2: The reported number represents the target award (100%); actual earned PSUs may range from 0% to 100% of target.
  • F3: Vesting and earned PSUs will be based on attainment of certain stock price goals after a three-year performance period.
• Form 4 filed on Oct 19, 2026, for a Sep 1, 2026 transaction — filed late under Form 4 timing requirements.

Why it may matter

• This was a derivative award of PSUs that can convert to shares based on performance after a three-year period; it was not a market purchase or sale.
• This filing does not show why the insider traded or why the company acted.