The sale trims Richard A. Damore’s direct stake by 27.96% amid a year of strong stock performance for the semiconductor equipment supplier.
Veeco Instruments director Richard A. Damore sold 43,000 shares at $60.71 each, totaling $2.7 million, according to a recent SEC filing. The transaction follows a period of significant stock appreciation for the NASDAQ-listed company, which supplies semiconductor process equipment.
The sale reduced Damore’s direct common stock holdings by 27.96%, leaving him with 112,594 shares. His remaining stake is valued at approximately $6.7 million based on the May 14, 2026 closing price of $59.51. The filing noted no indirect or derivative components in the transaction.
This marks Damore’s only open-market sale in the last two years, with prior filings related to administrative adjustments rather than disposals. Veeco’s stock has seen sharp gains over the past year, reflecting broader trends in the semiconductor equipment sector.