KIERNAN JOHN P 4

4 · VEECO INSTRUMENTS INC · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Veeco (VECO) CFO John Kiernan Receives RSUs, Surrenders Shares for Taxes

What Happened

John P. Kiernan, Chief Financial Officer of Veeco Instruments (VECO), had restricted stock units (RSUs) convert/vest in mid‑March 2026. A total of 11,899 shares were issued on conversion (3,150 on Mar 13; 4,083 and 4,666 on Mar 16).
To cover tax withholding, Kiernan surrendered 6,002 shares back to Veeco (1,714 at $31.46 on Mar 13; 1,999 at $30.95 and 2,289 at $30.95 on Mar 16), totaling $186,636. After withholding, he received a net 5,897 shares.
This was not an open‑market sale for cash profit but the routine surrender of vested award shares to satisfy tax obligations.

Key Details

Transaction dates: Mar 13, 2026 and Mar 16, 2026.
Conversion/vesting entries (code M): 3,150; 4,083; 4,666 shares (total 11,899) reported with $0 exercise price (typical for RSU vesting/conversion).
Tax withholding (code F): 1,714 shares @ $31.46 = $53,922; 1,999 shares @ $30.95 = $61,869; 2,289 shares @ $30.95 = $70,845; total $186,636; 6,002 shares surrendered.
Net shares received after withholding: 5,897.
Footnotes: F1 indicates these were RSUs granted under Veeco’s 2019 Stock Incentive Plan and vest over time; F2 confirms the surrendered shares were to satisfy tax withholding on vesting.
Filing: Form 4 filed Mar 17, 2026; no late‑filing flag indicated in the report.

Context

These transactions reflect RSU vesting and routine tax withholding (a cashless settlement), not a discretionary open‑market sale or purchase. For retail investors, vesting events increase insider-held shares but the surrender for taxes is a common administrative step and does not necessarily signal a change in insider conviction.

Form 4

Period: 2026-03-13

SVP & CHIEF FINANCIAL OFFICER

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-13+3,150→ 45,650 total
Tax Payment
Common Stock
[F2]
2026-03-13$31.46/sh−1,714$53,922→ 43,936 total
Exercise/Conversion
Common Stock
[F1]
2026-03-16+4,083→ 48,019 total
Tax Payment
Common Stock
[F2]
2026-03-16$30.95/sh−1,999$61,869→ 46,020 total
Exercise/Conversion
Common Stock
[F1]
2026-03-16+4,666→ 50,686 total
Tax Payment
Common Stock
[F2]
2026-03-16$30.95/sh−2,289$70,845→ 48,397 total
Exercise/Conversion
Restricted Stock Unit
[F1]
2026-03-13−3,150→ 0 total
Exercise: $0.00From: 2026-03-13→ common stock (3,150 underlying)
Exercise/Conversion
Restricted Stock Unit
[F1]
2026-03-16−4,083→ 4,083 total
Exercise: $0.00From: 2026-03-14→ common stock (4,083 underlying)
Exercise/Conversion
Restricted Stock Unit
[F1]
2026-03-16−4,666→ 9,334 total
Exercise: $0.00From: 2026-03-14→ common stock (4,666 underlying)

Holdings

Footnotes (2)

[F1]These restricted units (RSUs) were acquired pursuant to an award under the Veeco Instruments 2019 Stock Incentive Plan and are subject to certain restrictions. These restrictions will lapse with respect to 1/3 of such RSUs on each of the first, second and third anniversaries of the date of grant. Vested shares of Veeco common stock will be delivered to the reporting person on the vesting date.
[F2]Represents securities surrendered to Veeco to satisfy tax withholding due upon the vesting of restricted stock.

Signature

/s/ Kirk W. Mackey, Attorney-in-Fact|2026-03-17

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