KLIC CEO Rajendra K. Talluri Receives Award of 89,697 Shares
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KLIC CEO Rajendra K. Talluri Receives Award of 89,697 Shares
What Happened Rajendra K. Talluri, CEO and director of Kulicke & Soffa Industries, was granted 89,697 shares on 2026-09-01. The Form 4 reports the transaction as an award/grant (code A) at $0.00 per share, so the filing shows an acquisition value of $0 (this reflects a compensation grant, not a cash purchase).
Key Details
- Transaction date: 2026-09-01; Form filed: 2026-09-01 (appears timely).
- Transaction type: Award / grant (SEC code A).
- Shares granted: 89,697; reported price: $0.00; reported acquisition value: $0.
- Shares owned after transaction: not disclosed in the provided filing.
- Footnote: Grant issued under the 2021 Omnibus Incentive Plan; one‑third of the shares vest on each anniversary of the grant (vests over three years).
- No indication of a 10b5-1 plan, tax withholding, or late filing in the provided data.
Context This is a compensation grant (restricted shares/awards under the company incentive plan) and not an open‑market purchase or sale. Because vesting is spread over three years, the shares are not fully transferable or saleable immediately. Such awards are common executive compensation and do not by themselves indicate insider buying or selling intent; retail investors should monitor future filings for vesting events or subsequent sales.