Form 4: Alpha & Omega Semiconductor COO Wenjun Li Reports Share Transaction
SEC Form 4 Filing
Alpha & Omega Semiconductor's Chief Operating Officer, Wenjun Li, has reported a transaction involving the withholding of shares to cover tax obligations related to vested performance share units.
Summary
- Wenjun Li, the Chief Operating Officer of Alpha & Omega Semiconductor, filed a Form 4 disclosing a transaction on January 2, 2025.
- The transaction involved the withholding of 2,502 common shares at a price of $36.54 per share to satisfy tax obligations related to the vesting of Market-Based Performance Share Units (MSU).
- Following the transaction, Li beneficially owns 59,064 common shares.
- This total includes shares from Restricted Share Unit (RSU) awards, unvested shares subject to Performance Share Units (PSU), and shares acquired through the Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a neutral disclosure of a routine transaction. It does not indicate any positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the trading activities of company executives.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, such as Advanced Micro Devices (AMD), Intel (INTC), and Texas Instruments (TXN).
- These filings are required by the SEC to ensure transparency and prevent insider trading.
- The reported transaction is typical of stock-based compensation and tax withholding practices seen across the semiconductor industry.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares being withheld for tax purposes.
- The transaction does not directly impact employees, customers, suppliers, or creditors.
Key Dates
| Date | Description |
|---|---|
| 07/01/2018 | Date of grant for 15,000 unvested shares subject to MSU. |
| 03/15/2021 | Date of grant for some of the 22,750 shares subject to RSU awards and some of the 4,346 unvested shares subject to PSU. |
| 03/15/2022 | Date of grant for some of the 22,750 shares subject to RSU awards and some of the 4,346 unvested shares subject to PSU. |
| 03/15/2023 | Date of grant for some of the 22,750 shares subject to RSU awards. |
| 03/15/2024 | Date of grant for some of the 22,750 shares subject to RSU awards and 10,000 unvested common shares subject to PSU. |
| 11/14/2024 | Date of acquisition of 235 shares under the Employee Stock Purchase Plan. |
| 01/02/2025 | Date of the reported share transaction. |
| 01/03/2025 | Date of signature of the report. |
Keywords
Form 4, insider trading, beneficial ownership, share transaction, stock options, restricted stock units, performance share units, AOSL, Alpha & Omega Semiconductor, Wenjun Li
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