FORM FORMFACTOR INC

Did the company actually spend money buying back stock in 3+ of the last 4 quarters?

Bought back stock in 4/4 quarters. Q1 2026: $22M, Q3 2025: $17M, Q2 2025: $3M, Q1 2025: $17M

Is the most recent quarter's buyback spend more than 15% above the trailing average?

Latest quarter $22M vs trailing avg $12M (+78%)

What percentage of free cash flow is going to buybacks? Bull: 30%+. Bear: negative FCF or no buybacks.

Negative FCF ($-104M), buybacks not supported by cash flow

How fast are they shrinking the float? Bull: 2%+ annually. Bear: under 0.5%.

Repurchased 4,665,480 shares = 12.0% of 77,647,935 outstanding (annualized)

Are officers and directors buying stock with their own money on the open market?

No insider open-market purchases in the last 12 months

Are both company buybacks and insider buying independently active? Bull when the company is buying back stock in 2+ quarters and insiders have made 2+ open-market purchases.

Need both buyback and insider purchase data

Over the last 90 days, are insiders net buyers or net sellers on the open market?

Insiders bought $0M, sold $8M in the last 90 days (net selling)

Active buyback + insiders net selling 3x+ more than buying. Company cash may be supporting price while insiders exit.

Company buying back stock while insiders sold 17722494.8x more than bought. 2 C-suite officers among sellers

• SLESSOR MIKE (CEO) sold 1,399 shares on 2026-06-10
• SLESSOR MIKE (CEO) sold 767 shares on 2026-06-10
• SLESSOR MIKE (CEO) sold 400 shares on 2026-06-10
• SLESSOR MIKE (CEO) sold 975 shares on 2026-06-10
• SLESSOR MIKE (CEO) sold 4,220 shares on 2026-06-10
• SLESSOR MIKE (CEO) sold 2,500 shares on 2026-06-10
• SLESSOR MIKE (CEO) sold 1,629 shares on 2026-06-10
• SLESSOR MIKE (CEO) sold 700 shares on 2026-05-13
• SLESSOR MIKE (CEO) sold 1,300 shares on 2026-05-13
• SLESSOR MIKE (CEO) sold 2,984 shares on 2026-05-13