SLESSOR MIKE 4

What Happened
Mike Slessor, CEO and director of FormFactor, reported three open-market sales on 2026-02-18 totaling 8,664 shares for aggregate proceeds of approximately $815,597. The transactions were: 834 shares at a weighted average price of $92.85 (≈ $77,437), 4,934 shares at $93.97 (≈ $463,648), and 2,896 shares at $94.79 (≈ $274,512). These were sales (not purchases) and thus are generally routine dispositions rather than a direct bullish signal.

Key Details

• Transaction date: February 18, 2026. Transaction type: Sale (code S).
• Per-trade details:
  • 834 shares @ $92.85 (weighted avg; price range reported $92.375–$93.36) — ≈ $77,437.
  • 4,934 shares @ $93.97 (weighted avg; price range reported $93.44–$94.35) — ≈ $463,648.
  • 2,896 shares @ $94.79 (weighted avg; price range reported $94.36–$95.25) — ≈ $274,512.
• Total sold: 8,664 shares for ≈ $815,597.
• Footnotes: Sales occurred automatically under a Rule 10b5-1 trading plan adopted August 19, 2025. The reporting person notes weighted-average prices and provides price ranges; full per-price breakdown is available on request to the SEC or a security holder.
• Shares owned after the transaction: not disclosed in the provided filing.
• Filing timeliness: Reported on 2026-02-18 (period of report matches transaction date); no late filing indicated in the provided data.

Context
These sales were executed under a pre-established 10b5-1 plan, which typically means trades were pre-planned and not necessarily prompted by recent, nonpublic company information. For retail investors, purchases often carry more interpretive weight than routine insider sales; this filing documents routine insider liquidity rather than a change in control or an option exercise.