Wilkerson Susan 4
4 · VEECO INSTRUMENTS INC · Filed Mar 24, 2026
Research Summary
AI-generated summary of this filing
Veeco (VECO) SVP Susan Wilkerson Exercises PRSUs, Sells Shares
What Happened
Susan Wilkerson, SVP, Global Sales & Service at Veeco Instruments (VECO), had 26,910 performance-based restricted stock units (PRSUs) vest on March 20, 2026 (no cash exercise price). To satisfy tax withholding, 6,996 of those shares were surrendered at an effective value of $31.00 per share (totaling $216,876). Separately, she purchased 549 shares through Veeco's Employee Stock Purchase Plan at $25.96 per share (total ~$14,251).
Key Details
- Transaction date: March 20, 2026; Form 4 filed March 24, 2026 (filed 4 calendar days after the transaction; beyond the typical 2-business-day deadline).
- Vesting/exercise: 26,910 shares from PRSUs (these reflect achievement at 172.5% of the original 15,600 PRSU grant).
- Tax withholding: 6,996 shares surrendered to Veeco at $31.00/share to cover withholding ($216,876).
- ESPP purchase: 549 shares at $25.96/share (~$14,251).
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 explains the PRSU award granted on March 13, 2023 and the 172.5% payout level; F2 notes shares were surrendered to satisfy tax withholding; F3 confirms the 549-share ESPP purchase.
Context
- This was primarily a vesting of performance RSUs rather than an option exercise requiring cash; the withholding surrender is a common, routine action to cover taxes on vesting (a cashless tax-withholding event).
- The small ESPP purchase is an employee purchase program transaction and may reflect routine participation rather than an independent market signal.
- The Form 4 was filed after the usual 2-business-day window; investors tracking insider timeliness should note the later filing date.
Insider Transaction Report
Form 4
Wilkerson Susan
SVP, GLOBAL SALES & SERVICE
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-03-20+26,910→ 117,143.525 total - Tax Payment
Common Stock
[F2]2026-03-20$31.00/sh−6,996$216,876→ 110,147.525 total - Award
Common Stock
[F3]2026-03-20$25.96/sh+549$14,251→ 110,696.525 total
Footnotes (3)
- [F1]On March 13, 2023, the reporting person was granted the contingent right to receive 15,600 performance-based restricted stock units ("PRSUs"). This contingent right was subject to the reporting person's continued service with the Company and the achievement of three-year performance criteria, which was based on the Company's total shareholder return relative to other companies in the Russell 2000 as specified in the award agreement (the "Criteria"). Each PRSU represented the contingent right to receive one share of Veeco common stock. The award, if earned, could range from 50% to 200% of the granted PRSUs based on the achievement of the Criteria. The common stock award reflected in this filing represents achievement at the 172.5% level, which was realized
- [F2]Represents securities surrendered to Veeco to satisfy tax withholding obligations due upon the vesting of restricted stock.
- [F3]Represents 549 shares purchased under the Veeco Employee Stock Purchase Plan on March 20, 2026.
Signature
/s/ Kirk W. Mackey, Attorney-in-Fact|2026-03-24