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Insider Cluster (5 insiders) ·Filed May 21, 2026

FORM

FORMFACTOR INC
NEUTRAL
Impact 2/10
Horizondays Processed5mo ago
Insider cluster: 5 insiders, $1.8M total
Actionable Insight • Neutral

This cluster carries no signal. No C-suite conviction selling: the CEO's $86K sale is a rounding error, and all sellers are directors with small positions relative to market cap. Look elsewhere — earnings, guidance, or product cycle — for FormFactor's next catalyst.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
FORM ▼ -3.60% at T+60d
NEUTRAL call -3.60% · α vs SPY -6.80% · entry $128.99 → $124.34
Entry = T+0 close
May 21, 2026
via day close
T+1d
+5.81%
call +5.81% · α +5.22%
$136.48
settled 5mo ago
T+5d
-10.79%
call -10.79% · α -12.47%
$115.07
settled 5mo ago
T+20d
+9.97%
call +9.97% · α +11.38%
$141.85
settled 4mo ago
T+60d
-3.60%
call -3.60% · α -6.80%
$124.34
settled 2mo ago

Price Chart

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Executive Summary

FormFactor executives and directors sold a total of $1.81M in open-market stock over a 7-day window. All four selling events were small relative to the company's $9.8B market cap (~0.018%), making this a routine, low-significance cluster. The CEO's $86K sale is negligible and the two largest sellers are non-C-suite directors. Grant/award transactions ($0 value) are non-cash and do not signal bearish intent. Per the literature, insider sales clusters are weak predictors — especially when dollar values are trivial relative to market cap.

Key Financial Metrics

Direction
selling
Total Value
$1.8M
Insiders
5

Key Facts

  • Total open-market sales: $1.81M across 4 transactions from 4 insiders
  • CEO Mike Slessor sold only 700 shares for $86K — a de minimis amount
  • Total sales represent ~0.018% of FormFactor's $9.8B market cap
  • 3 directors were also granted 1,347 shares each at $0 on 5/15 — non-cash awards with no market impact
  • No insider purchases occurred in the cluster window
  • Recent 30d insider activity showed 4 other sells totaling $1.7M — consistent pattern of routine selling

Financial Impact

$1.81M in sales, or ~0.018% of market cap

Risk Factors

  • No bearish read-through — these are routine liquidity / diversification sales
  • Ignore grant/award transactions — they are non-cash and non-directional

Market Snapshot

Exchange
Nasdaq
Sector
Semiconductors & Related Devices
Analyst Consensus
44% bullish (16 analysts)

Investment Themes

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-FORM-1779400307786
11 reports for FORM
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for FORM — sortable, filterable
TypeNow
Oct 13, 2026
13d ago
8-K
BULLISH ★ 7/10
$128.09 $107.70▼ −15.92%▼ −14.77%$101.02 (−21.13%)
Aug 22, 2026
9w ago
Institutional Cluster
BULLISH ★ 6/10
$107.90 $100.61▼ −6.76%▼ −7.23%$101.02 (−6.38%)
Jul 8, 2026
15w ago
Press Release
NEUTRAL ★ 1/10
$119.44 $107.11▼ −10.32%▼ −10.19%$101.02 (−15.42%)
Jun 26, 2026
17w ago
Institutional Cluster
MIXED ★ 5/10
$130.74 $123.59▼ −5.47%▼ −7.63%$101.02 (−22.73%)
Jun 16, 2026
18w ago
Insider Cluster
NEUTRAL ★ 2/10
$139.95 $141.42▲ +1.05%▲ +2.09%$101.02 (−27.82%)
May 22, 2026
22w ago
Insider Cluster
NEUTRAL ★ 2/10
$136.48 $115.07▼ −15.69%▼ −16.77%$101.02 (−25.98%)
May 21, 2026
22w ago
Insider Cluster
NEUTRAL ★ 2/10
$128.99 $115.07▼ −10.79%▼ −12.47%$101.02 (−21.68%)
May 21, 2026
22w ago
Insider Cluster
NEUTRAL ★ 2/10
$128.99 $115.07▼ −10.79%▼ −12.45%$101.02 (−21.68%)
May 15, 2026
23w ago
Insider Cluster
NEUTRAL ★ 3/10
$117.42 $136.48▲ +16.23%▲ +14.61%$101.02 (−13.97%)
May 15, 2026
23w ago
Insider Cluster
NEUTRAL ★ 2/10
$117.42 $136.48▲ +16.23%▲ +14.61%$101.02 (−13.97%)
Showing 10 of 11

US Market Status

Market Open — Closes in 1m

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Report published May 21, 2026