SLESSOR MIKE 4

What Happened
Mike Slessor, CEO and director of FormFactor (FORM), had restricted stock units (RSUs) convert into 5,908 shares of common stock on February 9, 2026. Of those shares, 3,288 were withheld to satisfy tax withholding obligations at $94.88 per share, generating proceeds of approximately $311,965. The filings show the RSUs converted into shares (derivative conversion) and the withholding (tax payment) as the only dispositions.

Key Details

• Transaction date: February 9, 2026; Form 4 filed February 11, 2026 (within the typical 2-business-day window).
• RSU conversion: 5,908 shares acquired via conversion of RSUs (transaction code M).
• Tax withholding: 3,288 shares withheld/disposed to cover taxes at $94.88 / share for total ~$311,965 (transaction code F).
• Net shares delivered to Slessor after withholding: 5,908 − 3,288 = 2,620 shares (implicit from entries).
• Shares owned after transaction: Not specified in the provided filing.
• Footnotes: RSUs were granted Aug 7, 2023 and vest in 12 quarterly installments through Aug 7, 2026; unvested RSUs are forfeited on termination unless other agreements apply (see F1–F4).

Context

• This was not an open-market sale or purchase; it was the routine vesting/settlement of RSUs with shares withheld to cover tax obligations (a common administrative step).
• Derivative code M indicates conversion/settlement of the award into shares; code F denotes shares withheld for taxes.
• Such withholding transactions are administrative and do not necessarily indicate a change in insider sentiment.