Form 4: Applied Optoelectronics CFO Stefan Murry Reports Tax-Related Stock Disposals
SEC Form 4
Stefan Murry, CFO of Applied Optoelectronics, reports disposing of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 22, 2024, Stefan J. Murry, the Chief Financial Officer of Applied Optoelectronics, Inc. (AAOI), reported the disposal of common stock to cover tax withholding obligations.
- These disposals were related to the vesting of restricted stock unit awards granted on June 11, 2021, June 27, 2022, and June 26, 2023.
- A total of 1,181 shares, 1,599 shares, 2,084 shares and 3,322 shares were disposed of at a price of $12.12 per share.
- Following these transactions, Murry directly owns 182,374 shares of Applied Optoelectronics, Inc.
Sentiment
Score: 5
Explanation: This is a neutral event; it's a routine transaction related to tax obligations on vested stock.
Industry Context
This is a routine filing related to insider transactions and is common for executives receiving stock-based compensation.
Stakeholder Impact
- The disposal of shares by the CFO could have a minor, temporary impact on the stock price, but is unlikely to be significant as it is related to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/11/2021 | Date of restricted stock unit award grant related to disposal of 1,181 shares. |
| 06/27/2022 | Date of restricted stock unit award grant related to disposal of 1,599 shares. |
| 06/26/2023 | Date of restricted stock unit award grant related to disposal of 2,084 shares and 3,322 shares. |
| 04/22/2024 | Date of stock disposal to cover tax obligations. |
| 04/24/2024 | Date of signature on the Form 4 filing. |
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