Axcelis (ACLS) CEO sells 1,244 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Axcelis Technologies president and CEO Russell Low executed an open-market sale of 1,244 shares of common stock at $94.06 per share on April 1, 2026. The transaction was made under a pre-arranged Rule 10b5-1 trading plan adopted on December 11, 2025.
Following this sale, Low directly holds 132,282 shares of Axcelis common stock. Of these, 83,480 shares are issuable upon vesting of restricted stock units granted under the 2012 Equity Incentive Plan and remain subject to forfeiture.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,244 shares ($117,011)
Net Sell
1 txn
Insider
Low Russell
Role
PRESIDENT AND CEO
Sold
1,244 shs ($117K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,244 | $94.06 | $117K |
Holdings After Transaction:
Common Stock — 132,282 shares (Direct)
Footnotes (1)
- This transaction was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 11, 2025. Of the shares held after this sale on April 1, 2026, 83,480 were issuable on vesting of restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan and are subject to forfeiture.
Key Figures
Shares sold: 1,244 shares
Sale price per share: $94.06 per share
Shares held after transaction: 132,282 shares
+2 more
5 metrics
Shares sold
1,244 shares
Open-market sale on April 1, 2026
Sale price per share
$94.06 per share
Price for common stock sold
Shares held after transaction
132,282 shares
Direct holdings following sale
RSU-related shares
83,480 shares
Issuable upon vesting of restricted stock units; subject to forfeiture
Trading plan adoption date
December 11, 2025
Date Rule 10b5-1 trading plan was adopted
Key Terms
Rule 10b5-1 trading plan, restricted stock units, 2012 Equity Incentive Plan
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was made pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"83,480 were issuable on vesting of restricted stock units granted"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
2012 Equity Incentive Plan financial
"restricted stock units granted to the reporting person under the 2012 Equity Incentive Plan"
FAQ
What insider transaction did Axcelis Technologies (ACLS) report for Russell Low?
Axcelis Technologies reported that president and CEO Russell Low sold 1,244 shares of common stock in an open-market transaction. The sale occurred on April 1, 2026, and was executed at a price of $94.06 per share under a pre-arranged Rule 10b5-1 trading plan.