Wilkerson Susan 4

What Happened Susan Wilkerson, SVP, Global Sales & Service at Veeco Instruments (VECO), acquired 32,000 shares on March 10, 2026. The Form 4 reports the transaction as an exercise/conversion of a derivative (code M) at $0.00 per share (total reported cash value $0). This was not a sale — it reflects issuance/conversion of restricted stock rather than an open-market purchase.

Key Details

• Transaction date: 2026-03-10; Form 4 filed: 2026-03-12 (timely — within required reporting window).
• Transaction type/code: Exercise or conversion of derivative (M); reported acquisition of 32,000 shares at $0.00.
• Shares owned after transaction: Not specified in the provided filing details.
• Footnote: Shares were acquired pursuant to a restricted stock award under Veeco’s 2019 Stock Incentive Plan. Restrictions lapse for 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 that any shares were immediately sold (i.e., not a cashless exercise/sale).

Context This filing reflects an insider receiving/vesting restricted stock rather than buying on the open market or selling shares. Such restricted awards commonly have service-based vesting conditions (as noted), so the shares may be subject to forfeiture if the executive leaves before vesting. The filing shows acquisition but does not by itself indicate a change in Wilkerson’s overall ownership stake or signal intent to buy/sell additional shares.