FolioLanternBeta
FORMFormfactor Inc · Insider ownership research

Formfactor Inc insiders sold $22.7M in the past 12 months. How much of their stake is that?

73% was sold under disclosed trading plans, 27% with no plan disclosed. The largest seller, Mike Slessor (CEO, Director), sold $16.2M.Share-of-stake figures for this company are being verified and will be added when that check is finished. Why

Updated Oct 16, 2026 from SEC filings · covers Oct 17, 2025 to Oct 16, 2026
$6.2M
sold with no plan disclosed, past 12 months
73%
of sales were under disclosed trading plans, past 12 months
8 of 10
officers and directors sold shares, past 12 months
Is this normal? More than usual: about 1.9x the 5-year average. 9 insiders sold; the average is 5 a year. Year by year
Latest filing: Filed Oct 14 for a sale on Oct 14. Mike Slessor sold 11K shares ($1.4M) under a disclosed plan. Filing
SEC ownership filings: 56 filed in the 12 months to Oct 16, 2026; 892 on record since Jul 28, 2003 · See the evidence

What stands out

Four directors sold $5.2M with no disclosed plan: Sheri Rhodes ($1.5M), Thomas St Dennis ($1.3M) and Kelley Steven-Waiss ($1.2M), plus 1 more. The filings don't state a reason.Sheri Rhodes: largest such sale, Jun 2, 2026 · Thomas St Dennis: largest such sale, Feb 10, 2026 · Kelley Steven-Waiss: largest such sale, May 15, 2026

A share of stake is shown for 0 of the 8 officers and directors who sold. 10 are left out

i
Left out: Mike Slessor, Shai Shahar, Thomas St Dennis, Kelley Steven-Waiss, Jorge Titinger, Brian White, Sheri Rhodes, Rebeca Obregon-Jimenez, Aric McKinnis and Kevin Brewer (share of stake is being verified).
Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Their share of stake is being verified and is not shown yet; amounts and trading plans are below.

Mike Slessor
CEO, Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$16.2MDisclosed plan
Sheri Rhodes
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.5MNo plan disclosed
Thomas St Dennis
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.3MNo plan disclosed
Kelley Steven-Waiss
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.2MNo plan disclosed
Brian White
Director
Not confirmed
Share of stake not shown: share of stake is being verified. Why
$1.1MNo plan disclosed
All 8 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planNo plan disclosedOne dollar scale for every month; the tallest bar is labeled
OctNov 2025: $421K under a disclosed planNov 2025: $100K no plan disclosedNovDec 2025: $432K under a disclosed planDec 2025: $151K no plan disclosedDecJan 2026: $3.6M under a disclosed planJanFeb 2026: $816K under a disclosed planFeb 2026: $2.8M no plan disclosed$3.6MFebMar 2026: $1.3M under a disclosed planMarApr 2026: $1.4M under a disclosed planAprMay 2026: $1.2M under a disclosed planMay 2026: $1.7M no plan disclosedMayJun 2026: $1.4M under a disclosed planJun 2026: $1.2M no plan disclosedJunJul 2026: $560K under a disclosed planJulAug 2026: $2.1M under a disclosed planAugSep 2026: $1.8M under a disclosed planSep 2026: $202K no plan disclosedSepOct 2026: $1.4M under a disclosed planOct

Recent activity

Past 30 days, Sep 17, 2026 to Oct 16, 2026
Oct 14, 2026Mike Slessor sold 11K shares ($1.4M) under a disclosed trading plan.
WhoSharesPrice% of total stakeTotal stake afterTrade dateFiled
Mike Slessor
CEO, Director
11,098$125.20n/an/aOct 14, 2026Oct 14, 2026

"% of total stake" is the shares in an event against all the vested shares the person held that day, across every share class and holding entity, after that day's vesting. "n/a" means the person's holdings are not confirmed, or the row is a purchase. "Holdings record incomplete" means more shares were sold than the filings show the person held that day, so a percentage would be wrong.

Common questions

Is the Formfactor Inc CEO selling stock?

Yes. Mike Slessor sold 170K shares ($16.2M) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are Formfactor Inc insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 73% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 27% had no disclosed plan. A trading plan schedules sales in advance.

Are any Formfactor Inc insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

The evidence

Who sold8 officers and directors: amount, % of holdings, trading plan
Who soldAmount% of holdingsTrading plan
Mike Slessor
CEO, Director
$16.2M
170K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Sheri Rhodes
Director
$1.5M
14K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Thomas St Dennis
Director
$1.3M
13K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Kelley Steven-Waiss
Director
$1.2M
12K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Brian White
Director
$1.1M
11K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Jorge Titinger
Director
$694K
6K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
Aric McKinnis
CFO, SVP Global Finance
$313K
3.5K shares
Not confirmed
share of stake is being verified. Why
Disclosed plan
Kevin Brewer
Director
$289K
3K shares
Not confirmed
share of stake is being verified. Why
No plan disclosed
The full ownership picture0 of 10 officers and directors confirmed

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

InsiderHeld Oct 16, 2025SoldHeld Oct 16, 2026Still held
Mike Slessor
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Mike Slessor are complete.
CEO, Director
n/a−170Kn/an/a
Vesting, gifts, unvested awards and holding lines for Mike Slessor

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Mike Slessor are complete; balances and unit counts will be added when the check is finished.

−5Kgifted (net of own trusts)
−114Kwithheld by the company for taxes
Shai Shahar
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Shai Shahar are complete.
CFO, SVP Global Finance
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Shai Shahar

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Shai Shahar are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Thomas St Dennis
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Thomas St Dennis are complete.
Director
n/a−13Kn/an/a
Vesting, gifts, unvested awards and holding lines for Thomas St Dennis

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Thomas St Dennis are complete; balances and unit counts will be added when the check is finished.

−740gifted (net of own trusts)
Kelley Steven-Waiss
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kelley Steven-Waiss are complete.
Director
n/a−12Kn/an/a
Vesting, gifts, unvested awards and holding lines for Kelley Steven-Waiss

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kelley Steven-Waiss are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Jorge Titinger
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Jorge Titinger are complete.
Director
n/a−6Kn/an/a
Vesting, gifts, unvested awards and holding lines for Jorge Titinger

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Jorge Titinger are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Brian White
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Brian White are complete.
Director
n/a−11Kn/an/a
Vesting, gifts, unvested awards and holding lines for Brian White

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Brian White are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Sheri Rhodes
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Sheri Rhodes are complete.
Director
n/a−14Kn/an/a
Vesting, gifts, unvested awards and holding lines for Sheri Rhodes

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Sheri Rhodes are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Rebeca Obregon-Jimenez
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Rebeca Obregon-Jimenez are complete.
Director
n/a0n/an/a
Vesting, gifts, unvested awards and holding lines for Rebeca Obregon-Jimenez

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Rebeca Obregon-Jimenez are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
Aric McKinnis
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Aric McKinnis are complete.
CFO, SVP Global Finance
n/a−3.5Kn/an/a
Vesting, gifts, unvested awards and holding lines for Aric McKinnis

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Aric McKinnis are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)
−2Kwithheld by the company for taxes
Kevin Brewer
!
Holdings and share of stake are being verified. Share-of-stake figures and holdings for this company are held back while they are verified. Sales and other transactions for Kevin Brewer are complete.
Director
n/a−3Kn/an/a
Vesting, gifts, unvested awards and holding lines for Kevin Brewer

Holdings and share of stake are being verified. Sales, proceeds, plan and tax status and dates for Kevin Brewer are complete; balances and unit counts will be added when the check is finished.

0gifted (net of own trusts)

Holdings and share of stake for Formfactor Inc are being verified, so no balances, unit counts or percentages are shown. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings.

What explains the selling$22.7M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $22.7M across 232,738 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

The lighter segment is sales with no plan disclosed in the filing ($6.2M), including tax-related sales outside a plan.

No plan disclosed · $6.2M

Sales with no 10b5-1 plan and no tax reference in the filing. $1.5M of it is Sheri Rhodes. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Sheri Rhodes, Jun 2, 2026

Taxes

115,667 shares ($13.0M) were withheld by the company for taxes, which isn't a market sale.

Charitable gifts · 5.7K shares

Gifts the filings describe as charitable. Gifts are not sales and are not included in the sale totals.

SellerShares soldProceedsUnder a disclosed planShare of totalSales dates
Mike Slessor
CEO, Director
170K$16.2M100%71%Nov 19, 2025 to Oct 14, 2026
Sheri Rhodes
Director
14K$1.5M0%7%Feb 10, 2026 to Jun 2, 2026
Thomas St Dennis
Director
13K$1.3M0%6%Nov 17, 2025 to Jun 15, 2026
Kelley Steven-Waiss
Director
12K$1.2M0%5%Dec 2, 2025 to Sep 3, 2026
Brian White
Director
11K$1.1M0%5%Feb 9, 2026 to May 20, 2026
Jorge Titinger
Director
6K$694K0%3%Feb 9, 2026 to May 13, 2026
Aric McKinnis
CFO, SVP Global Finance
3.5K$313K100%1%Mar 5, 2026 to Mar 5, 2026
Kevin Brewer
Director
3K$289K0%1%Feb 11, 2026 to Feb 11, 2026

Sales by month

MonthSale proceedsDisclosed planTo cover taxesNo plan disclosed
Oct 2025$0$0$0$0
Nov 2025$520K$421K$0$100K
Dec 2025$583K$432K$0$151K
Jan 2026$3.6M$3.6M$0$0
Feb 2026$3.6M$816K$0$2.8M
Mar 2026$1.3M$1.3M$0$0
Apr 2026$1.4M$1.4M$0$0
May 2026$2.9M$1.2M$0$1.7M
Jun 2026$2.7M$1.4M$0$1.2M
Jul 2026$560K$560K$0$0
Aug 2026$2.1M$2.1M$0$0
Sep 2026$2.0M$1.8M$0$202K
Oct 2026$1.4M$1.4M$0$0
Is this normal? Selling year by year5 earlier years to compare with

More than usual: about 1.9x the 5-year average. 9 insiders sold; the average is 5 a year.

12 months endingShares soldInsiders who soldProceeds
Oct 16, 2026
Latest 12 months
239K9$23.4M
Oct 16, 2025
1 year earlier
54K4$1.8M
Oct 16, 2024
2 years earlier
252K9$12.4M
Oct 17, 2023
3 years earlier
28K3$881K
Oct 17, 2022
4 years earlier
47K6$2.1M
Oct 17, 2021
5 years earlier
240K5$9.3M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertainty10 officers and directors not confirmed

Holdings and share of stake are being verified. Balances, unit counts and every share-of-stake figure for Formfactor Inc are held back until that check is finished. Sales, proceeds, plan and tax status, titles and dates come straight from individual filings and are complete.

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology892 filings on record, 56 filed in the 12-month period, and how we read them

All 892 Forms 3, 4 and 5 on record for Formfactor Inc (SEC CIK 1039399), filed from Jul 28, 2003 to Oct 14, 2026; 56 of them were filed in the 12 months this page covers, retrieved from SEC EDGAR on Oct 16, 2026. Prices are the ones reported in each filing, often weighted averages.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (28)No filing in 18 months; last reported balances, not in any total
NameLast filedLast reported balance
Lothar MaierMay 15, 202418,770 shares, last reported balance as of May 14, 2024
Raymond LinkMay 30, 202366,225 shares, last reported balance as of May 30, 2023
Edward Rogas Jr.May 18, 202161,098 shares, last reported balance as of May 17, 2021
Michael ZellnerDec 12, 201941,875 shares, last reported balance as of Dec 6, 2019
Richard DeLateurJul 26, 201925,000 shares, last reported balance as of Jul 25, 2019
Michael LudwigFeb 22, 2018240,387 shares, last reported balance as of Feb 22, 2018
Stuart MerkadeauMay 8, 201578,629 shares, last reported balance as of May 7, 2015
Carl Everett Jr.Aug 7, 201356,864 shares, last reported balance as of May 7, 2013
James PrestridgeSep 1, 201139,748 shares, last reported balance as of Aug 31, 2011
Homa BahramiJun 23, 201015,000 shares, last reported balance as of Jun 1, 2010
Harvey WagnerJun 23, 201012,000 shares, last reported balance as of Jun 1, 2010
Chenming HuMay 21, 2010No balance on record
Jean VernetMay 3, 20103,137 shares, last reported balance as of Apr 29, 2010
Mario RuscevFeb 3, 201012,231 shares, last reported balance as of Feb 2, 2010
Thomas CampbellJun 3, 20093,600 shares, last reported balance as of Jun 2, 2009
Igor KhandrosApr 4, 20085,409,420 shares, last reported balance as of Apr 3, 2008
Richard FreemanFeb 22, 2008No balance on record
Ronald FosterJun 18, 20072,883 shares, last reported balance as of Jun 15, 2007
Joseph BronsonJan 5, 200742,887 shares, last reported balance as of Jan 3, 2007
Yoshikazu HatsukanoFeb 8, 2006119,300 shares, last reported balance as of Feb 7, 2006
Peter MathewsFeb 8, 20062,633 shares, last reported balance as of Feb 6, 2006
Benjamin EldridgeFeb 6, 200636,691 shares, last reported balance as of Feb 2, 2006
Jens MeyerhoffJul 19, 20055,335 shares, last reported balance as of Jul 15, 2005
William DavidowMay 23, 2005269,876 shares, last reported balance as of Aug 2, 2004
William DavidowMay 23, 2005No balance on record
Richard MittermaierFeb 28, 2005999 shares, last reported balance as of Feb 25, 2005
Harrold RustNov 6, 2003500 shares, last reported balance as of Nov 4, 2003
Frans WijkOct 22, 2003No balance on record

Spotted something wrong on this page? Report an error. We check every report against the SEC filing and list what we fix in the corrections log.