DelSanto Anne 4

What Happened

• Anne DelSanto, a director of Advanced Energy Industries, had 2,313 restricted stock units (granted May 2, 2025) vest on May 2, 2026 and convert one-for-one into 2,313 shares of common stock. The Form 4 shows an acquisition via conversion of a derivative (RSU) and a concurrent reported disposition of 2,313 shares at $0.00 reflecting instructions to transfer the shares to The Delsanto Family Trust. No cash sale occurred.

Key Details

• Transaction date: May 2, 2026 (vesting/conversion of RSUs).
• Shares involved: 2,313 shares converted from RSUs; disposition reported at $0.00 indicating transfer to a trust.
• Shares owned after transaction: total beneficial ownership reported is 8,487 shares — 2,313 issued and held directly by DelSanto (with instructions to transfer them to the family trust) plus 6,174 shares held indirectly by The Delsanto Family Trust (for which she is trustee).
• Footnotes: F1 notes the RSUs were granted May 2, 2025 and vested on the one-year anniversary; RSUs convert one-for-one to common stock. F3 notes RSUs are not exercisable and have no expiration date. F2 explains the direct/indirect holdings and planned transfer to the family trust.
• Filing: Form 4 filed May 5, 2026 for the May 2, 2026 transaction (filed within the typical reporting window).

Context

• This was a vesting and conversion of an equity award, not an open-market purchase or sale. The reported disposition at $0.00 reflects an intra-family trust transfer rather than a cash sale, so it does not signal a market-driven buy/sell decision.