Form 4: Applied Optoelectronics CFO Stefan J. Murry Reports Acquisition of Common Stock

Stefan J. Murry, CFO of Applied Optoelectronics, reports the acquisition of 28,436 shares of common stock on April 29, 2024, through the vesting of Restricted Stock Units.

Summary

• On April 29, 2024, Stefan J. Murry, the Chief Financial Officer of Applied Optoelectronics, Inc. acquired 28,436 shares of common stock.
• The acquisition was due to the vesting of Restricted Stock Units (RSUs).
• The RSUs were granted under the Company's Amended 2021 Equity Incentive Plan.
• One-sixteenth of the RSUs vest every three months, starting on January 21, 2024.
• Following the transaction, Murry directly owns 210,810 shares of Applied Optoelectronics common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by an executive due to RSU vesting, which is a standard part of compensation. There are no explicit positive or negative implications.

Positives

• The acquisition of shares by a key executive can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in the technology sector where equity-based compensation is prevalent.

Comparison to Industry Standards

• Equity compensation is a standard practice in the tech industry to align executive interests with shareholder value.
• Companies like Lumentum, Infinera, and Ciena also utilize stock options and RSUs as part of their executive compensation packages.
• The vesting schedule of one-sixteenth every three months is a fairly typical vesting schedule.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it aligns executive interests with company performance.

Key Dates