Kulicke & Soffa (KLIC): senior vice president Robert Chylak exercised 9,498 shares

What happened

• Robert Chylak, senior vice president, exercised or converted 9,498 performance share units into 9,498 shares on Oct 11, 2026 (reported as two derivative transactions at $0.00).
• The filing shows shares withheld to satisfy tax withholding: 3,338 shares withheld valued at $158,355 and 610 shares withheld valued at $28,938.

Key details

• Transaction dates and prices: Oct 11, 2026 — exercise/conversion of 9,498 shares at $0.00; tax withholding disposals of 3,338 shares and 610 shares at $47.44 per share.
• Shares owned after the transaction: Not reported in the filing.
• Footnotes: PSUs awarded Oct 11, 2023 paid out at 148% of target based on relative TSR and were converted to shares on Oct 11, 2026; 9,498 PSU shares and 2,139 RSU vesting shares had portions withheld to satisfy tax obligations. The withheld shares were not issued to or sold by the reporting person.
• Filing date and timeliness: Form 4 filed Oct 13, 2026; the filing does not indicate lateness.

Why it may matter

• The filing shows an exercise/conversion of performance share units with shares withheld to cover tax obligations (a cashless withholding). It also reports RSU vesting with withholding.
• A filing does not show why the insider traded or why the company acted.