Form 4: Applied Optoelectronics Director Che-Wei Lin Acquires 31,370 Shares
SEC Form 4 Filing
Director Che-Wei Lin of Applied Optoelectronics, Inc. (AAOI) purchased 31,370 shares of common stock at an average price of $12.6963 on March 18, 2024.
Summary
- On March 18, 2024, Che-Wei Lin, a director of Applied Optoelectronics, Inc. (AAOI), acquired 31,370 shares of the company's common stock.
- The shares were purchased at a weighted average price of $12.6963 per share.
- Following the transaction, Che-Wei Lin directly owns 220,133 shares of Applied Optoelectronics, Inc.
- The purchase was made under Rule 10b5-1(c).
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares is generally a good sign, but the document is simply a regulatory filing of the transaction.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored by investors as they can provide insights into a company's performance and future prospects. A director's purchase is generally viewed more favorably than a sale.
Stakeholder Impact
- The purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of transaction: Che-Wei Lin purchased 31,370 shares of AAOI. |
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