Delnick Phillipe L. sold FARO
July 21, 2025 · Form 4 insider transaction
Delnick Phillipe L. sold 19,932 shares of FARO TECHNOLOGIES SOLUTIONS at $44.00 per share, a transaction worth $877.0K. The trade was recorded as disposition to the issuer and disclosed on an SEC Form 4, filed 0 days after the transaction.
Footnotes
Each performance share unit represents the contingent right to receive the economic equivalent of one share of FARO Technologies, Inc. common stock.; Pursuant to the terms of the Merger Agreement, immediately prior to the effective time of the Merger, these performance share units, which would have become vested as of immediately prior to the effective time of the Merger if the effective time of the Merger were the last day of the relevant performance period and the achievement of all relevant performance-based vesting requirements were determined at such time, were cancelled and converted into the right to receive equal to $44.00 in cash.