McKinnis Aric Brendan 4
Research Summary
AI-generated summary
FormFactor (FORM) CFO Aric McKinnis Sells 3,462 Shares
What Happened
Aric Brendan McKinnis, CFO and SVP Global Finance of FormFactor, sold 3,462 shares in an open-market transaction on March 5, 2026 at $90.42 per share, generating $313,034 in proceeds. The sale is reported as a disposition (S) and was executed automatically under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: March 5, 2026; filing date: March 6, 2026 (appears timely under Form 4 rules).
- Shares sold: 3,462 at $90.42 per share; total proceeds: $313,034.
- Transaction type/code: Open-market sale (S).
- Footnote: Sale occurred pursuant to a Rule 10b5-1 plan adopted December 4, 2025.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- No indication of option exercise, award, or gift in this reported transaction.
Context
Sales reported on Form 4 are often routine (liquidity, diversification, or pre-planned) and do not by themselves indicate management sentiment about the company. The use of a 10b5-1 plan means the trades were pre-scheduled and executed automatically according to that plan.