Form 4: Applied Optoelectronics Executive Acquires Shares Through RSU Vesting

David C. Kuo, Senior Vice President and Chief Legal Officer of Applied Optoelectronics, acquired 19,747 shares of common stock through the vesting of Restricted Stock Units (RSUs) on April 29, 2024.

Summary

• On April 29, 2024, David C. Kuo, Senior Vice President and Chief Legal Officer of Applied Optoelectronics, acquired 19,747 shares of common stock.
• This acquisition was a result of the vesting of Restricted Stock Units (RSUs) 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, Kuo directly owns 133,001 shares of Applied Optoelectronics.
• The price per share for the RSU vesting was $0.00.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to executive compensation, which is generally viewed neutrally. The vesting of RSUs can be seen as a positive sign of aligning executive interests with shareholder value.

Positives

• The vesting of RSUs aligns executive compensation with company performance and shareholder value.
• The incremental vesting schedule encourages long-term commitment from the executive.

Future Outlook

The document does not contain specific forward-looking statements beyond the established RSU vesting schedule.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. RSU grants are a common form of executive compensation in the technology industry.

Stakeholder Impact

• Shareholders may view the RSU vesting as a way to align management's interests with the company's long-term performance.
• Employees may see the RSU vesting as part of the company's compensation strategy.

Key Dates