Wilkerson Susan 4

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.