Oldham Paul R

Oldham Paul R, the EVP and CFO of Advanced Energy Industries (AEIS), has maintained a consistently sell-side posture in his Form 4 filings, with no open-market purchases recorded across his 41 reported transactions. His total disclosed sales value reached approximately $3.31 million, all concentrated in AEIS, while his acquisition activity consisted entirely of compensation-related grants, option exercises, and tax-withholding events rather than discretionary buys. The most recent open-market sale occurred on March 18, 2026, when he disposed of shares worth roughly $1.36 million, following an earlier sale of $1.66 million on November 19, 2025, and a smaller $154,000 sale on June 20, 2025. The pattern around these sales is largely mechanical, reflecting the vesting and exercise of equity compensation. On March 1, 2026, Oldham received three separate grants (coded as "A" with zero value) and exercised options (coded "M"), which triggered a $973,824 tax-withholding transaction (coded "F") and a disposition back to the issuer (coded "D"). A similar sequence occurred on February 18, 2026, when an option exercise valued at $4.86 million was paired with a zero-value disposition. The November 2025 sale was also accompanied by an option exercise and tax withholding, indicating that his open-market sales typically follow scheduled vesting events rather than representing standalone decisions. Notably, Oldham's selling has accelerated in recent months, with the two largest open-market sales—totaling over $3 million—occurring within the last four months of the filing period. His only other significant transaction was a February 25, 2026, event coded "I" (likely a conversion or in-kind transfer) valued at $2.14 million, which appeared twice in the filings. Across the entire dataset, there is no evidence of any open-market purchase (code "P"), reinforcing a clear bias toward monetizing equity rather than accumulating additional shares. The absence of discretionary buys, combined with the steady cadence of sales tied to compensation cycles, suggests a CFO systematically converting vested awards into cash.