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. Q2 2026: $2M, Q1 2026: $22M, Q3 2025: $17M, Q2 2025: $3M

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

Latest quarter $2M vs trailing avg $14M (-82%)

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

Negative FCF ($-232M), 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 $5M 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 22049996.7x more than bought. 2 C-suite officers among sellers

• SLESSOR MIKE (CEO) sold 8,737 shares on 2026-09-16
• SLESSOR MIKE (CEO) sold 7,773 shares on 2026-09-16
• SLESSOR MIKE (CEO) sold 1,000 shares on 2026-09-16
• SLESSOR MIKE (CEO) sold 2,482 shares on 2026-08-14
• SLESSOR MIKE (CEO) sold 2,892 shares on 2026-08-14
• SLESSOR MIKE (CEO) sold 3,282 shares on 2026-08-14
• SLESSOR MIKE (CEO) sold 1,125 shares on 2026-08-14
• SLESSOR MIKE (CEO) sold 5,535 shares on 2026-08-14
• SLESSOR MIKE (CEO) sold 686 shares on 2026-08-14
• SLESSOR MIKE (CEO) sold 1,041 shares on 2026-07-15