Miller William John 4

What Happened
William J. Miller, CEO and Director of Veeco Instruments Inc. (VECO), acquired 168,000 shares on March 10, 2026 via an exercise/conversion of a derivative (Form 4 transaction code M). The filing shows a $0.00 per-share acquisition price (total $0). A footnote clarifies these shares were issued under the Veeco 2019 Stock Incentive Plan as a restricted stock award and are subject to vesting restrictions.

Key Details

• Transaction date: 2026-03-10
• Filing date: 2026-03-12 (appears filed promptly after the transaction)
• Transaction type/code: Exercise/conversion of derivative (M) resulting in acquisition of 168,000 shares at $0.00 per share (total value reported $0)
• Shares owned after transaction: Not specified in the filing
• Footnote: Shares issued pursuant to a restricted stock award under the 2019 Stock Incentive Plan; restrictions lapse with respect to one-third of the shares on each of the first, second and third anniversaries of the grant date, subject to continued service
• No indication in the filing of an immediate sale, cashless exercise, tax-withholding share surrender, or 10b5-1 plan

Context
This was an issuance/award of restricted stock (compensation-related), not an open-market purchase or sale. Because the shares vest over time, they are not immediately freely tradable; such awards are common for executive compensation and reflect grant activity rather than a direct buy or sell decision by the insider.