Entegris (ENTG) President Olivier Blachier Exercises Options, Sells Shares

What Happened

• Olivier Blachier, President, Materials Solutions at Entegris, exercised 2,000 stock option shares on Aug 14, 2026 at $80.71 per share (total cost $161,420) and sold 2,000 shares the same day in an open-market transaction at $160.66 per share (total proceeds $321,320). The Form 4 also reports a 2,000-share derivative conversion/disposition at $0 (a non‑cash conversion related to the award/option).

Key Details

• Transaction date: 2026-08-14 (reported on Form 4 filed 2026-08-17; filing is within required business-day window)
• Exercise price paid: $80.71 per share; total paid $161,420
• Sale price received: $160.66 per share; total proceeds $321,320
• Additional reported derivative conversion/disposition: 2,000 shares at $0 (no cash exchanged)
• Notable footnotes:
  • F2: Shares sold pursuant to a Rule 10b5-1 trading plan established May 14, 2026
  • F1: Included in reported shares are 99.81 shares acquired under the company ESPP on June 30, 2026
  • F3/F4: Transactions relate to awards under the Entegris 2020 Stock Plan; option vests in four equal annual installments (final vesting Feb 19, 2027)
• Shares owned after the transactions: not disclosed in the provided excerpt

Context

• Because the exercise and sale occurred the same day, this functioned like a cashless exercise: options were converted to shares and some or all of those shares were sold immediately (via a pre-established 10b5-1 plan). This is common for executives monetizing vested option tranches and does not by itself indicate a change in view on the company.