Obregon-Jimenez Rebeca 4

What Happened Rebeca Obregon-Jimenez, a director of FormFactor, was granted 1,347 restricted stock units (RSUs) on May 15, 2026. The Form 4 reports the award as having a $0.00 acquisition price (standard for RSU grants — no cash paid). This was an equity award (grant), not an open‑market purchase or sale.

Key Details

• Transaction date: May 15, 2026; Filing date (Form 4): May 19, 2026 (appears to be filed after the typical 2-business‑day window for Form 4s).
• Grant amount: 1,347 RSUs; reported acquisition price: $0.00 (total cash paid = $0).
• Shares owned after transaction: not specified in the filing.
• Vesting/forfeiture terms (from footnotes): RSUs vest monthly and become exercisable on the earlier of the 2027 Annual Meeting of Stockholders and May 15, 2027. Unvested RSUs are forfeited if the director ceases service, except as may be allowed under the issuer’s Equity Grant Policy for Outside Directors or other agreements.

Context

• RSU grants are a common form of director compensation and do not involve an immediate cash outlay or sale of shares. They represent a future right to receive stock if vesting conditions are met.
• Because this is an award (not a purchase), it is informational about compensation rather than a direct buying or selling signal.