FormFactor CEO Mike Slessor offloaded 17,510 shares via a scheduled Rule 10b5-1 plan, maintaining a substantial $49 million equity position in the semiconductor testing firm.
CEO Mike Slessor sold 17,510 shares under a pre-arranged Rule 10b5-1 plan, retaining a substantial stake, with no negative change to company fundamentals.
FormFactor CEO Mike Slessor sold 17,510 shares of company stock on September 16, 2026, in a transaction valued at approximately $1.8 million. The sale was executed under a pre-arranged Rule 10b5-1 trading plan, with Slessor retaining a significant direct stake of 466,694 shares valued at roughly $49 million.
The sale was part of a pre-arranged Rule 10b5-1 trading plan adopted in August 2025, which allows executives to schedule stock sales in advance to avoid concerns regarding non-public information.
No, the transaction was automated and the CEO maintains a significant equity position of approximately $49 million, signaling continued alignment with the company's long-term performance.