SLESSOR MIKE 4
4 · FORMFACTOR INC · Filed Mar 18, 2026
Research Summary
AI-generated summary of this filing
FormFactor (FORM) CEO Mike Slessor Sells Shares
What Happened
- Mike Slessor, CEO and Director of FormFactor (FORM), sold a total of 10,227 shares in three open-market transactions on March 18, 2026 for aggregate proceeds of approximately $973,076. The individual sales were: 1,900 shares at $94.10 ($178,790), 5,495 shares at $95.21 ($523,179), and 2,832 shares at $95.73 ($271,107). These were sales (not purchases) and thus are generally considered routine dispositions rather than a bullish insider purchase.
Key Details
- Transaction date: 2026-03-18 (all sales).
- Prices reported (weighted averages): $94.10, $95.21, $95.73.
- Price ranges noted in footnotes: $93.63–$94.48; $94.77–$95.60; $95.66–$95.87. The filer will provide per-price breakdown on request.
- Aggregate proceeds: ~$973,076.
- Sale executed pursuant to a Rule 10b5-1 trading plan adopted August 19, 2025 (automatic plan).
- Shares owned after the transactions: not specified in the information provided in this summary.
- Filing timeliness: report lists the transaction and report date as March 18, 2026; no late-filing indication provided.
Context
- The filing notes these sales were made under a pre-arranged 10b5-1 plan, meaning trades were automated under a plan established earlier and are typically treated as routine insider disposals rather than ad-hoc trades based on current information. This summary is factual and does not speculate on the insider’s motive.
Insider Transaction Report
Form 4
FORMFACTOR INCFORM
SLESSOR MIKE
DirectorCEO
Transactions
- Sale
Common Stock
[F1][F2]2026-03-18$94.10/sh−1,900$178,790→ 469,186 total - Sale
Common Stock
[F1][F3]2026-03-18$95.21/sh−5,495$523,179→ 463,691 total - Sale
Common Stock
[F1][F4]2026-03-18$95.73/sh−2,832$271,107→ 460,859 total
Footnotes (4)
- [F1]The reported sale of shares occurred automatically pursuant to a Rule 10b5-1 trading plan adopted on August 19, 2025.
- [F2]Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $93.63 through $94.48. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F3]Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $94.77 through $95.60. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
- [F4]Price represents the weighted average sale price for the transaction reported. Price range of shares sold is $95.66 through $95.87. Reporting person undertakes to provide upon request by the SEC staff or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
Signature
/s/ Stan Finkelstein, Attorney-in-fact for Mike Slessor|2026-03-18