Devasahayam Adrian 4

4 · VEECO INSTRUMENTS INC · Filed Mar 17, 2026

AI-generated summary of this filing

Updated Mar 17, 2026

Veeco (VECO) SVP Devasahayam Adrian Exercises RSUs, Sells to Cover Taxes

What Happened

Devasahayam Adrian, SVP – Product Line Development at Veeco Instruments (VECO), had restricted stock units vest and converted into common shares on 2026-03-13 and 2026-03-16. He received a total of 8,267 shares through conversion (three conversions of 2,800, 2,667 and 2,800 shares at $0 exercise price).
To satisfy tax withholding obligations upon vesting, 3,153 shares were surrendered (1,160 @ $31.46 on 3/13; 983 @ $30.95 and 1,010 @ $30.95 on 3/16), with total value of the surrendered shares ≈ $98,178. Net increase in shares held from these events was 5,114 shares (8,267 acquired − 3,153 surrendered).

Key Details

Transaction dates: 2026-03-13 and 2026-03-16; filing date: 2026-03-17.
Conversion/exercise price: $0.00 (these were restricted units converting to shares).
Shares surrendered for tax withholding: 3,153 shares for ≈ $98,178 total (per-line prices $31.46 and $30.95).
Footnotes: F1 indicates these were RSUs granted under the 2019 Stock Incentive Plan with standard multi-year vesting; F2 confirms shares were surrendered to the company to satisfy tax withholding.
The filing does not state the total shares owned after these transactions.

Context

This was a vesting/conversion of RSUs with a cashless tax-withholding settlement (shares surrendered to cover taxes), a routine occurrence when awards vest. It is not an open-market sale or discretionary purchase and does not by itself signal a buy/sell decision.

Form 4

Period: 2026-03-13

SVP - PRODUCT LINE DEVELOPMENT

Transactions

Exercise/Conversion
Common Stock
[F1]
2026-03-13+2,800→ 113,069.208 total
Tax Payment
Common Stock
[F2]
2026-03-13$31.46/sh−1,160$36,494→ 111,909.208 total
Exercise/Conversion
Common Stock
[F1]
2026-03-16+2,667→ 114,576.208 total
Tax Payment
Common Stock
[F2]
2026-03-16$30.95/sh−983$30,424→ 113,593.208 total
Exercise/Conversion
Common Stock
[F1]
2026-03-16+2,800→ 116,393.208 total
Tax Payment
Common Stock
[F2]
2026-03-16$30.95/sh−1,010$31,260→ 115,383.208 total
Exercise/Conversion
Restricted Stock Unit
[F1]
2026-03-13−2,800→ 0 total
Exercise: $0.00From: 2026-03-13→ common stock (2,800 underlying)
Exercise/Conversion
Restricted Stock Unit
[F1]
2026-03-16−2,800→ 5,600 total
Exercise: $0.00From: 2026-03-14→ common stock (2,800 underlying)
Exercise/Conversion
Restricted Stock Unit
[F1]
2026-03-16−2,667→ 2,667 total
Exercise: $0.00From: 2026-03-14→ common stock (2,667 underlying)

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

1 file