Form 4: Applied Optoelectronics Executive Chang Hung-Lun (Fred) Reports Share Transactions
SEC Form 4 Filing
Chang Hung-Lun (Fred), a Senior Vice President at Applied Optoelectronics, reports acquisition and disposal of company stock related to performance vesting restricted stock units.
Summary
- On June 13, 2024, Chang Hung-Lun (Fred), a Senior Vice President at Applied Optoelectronics, acquired 80,910 shares of common stock at $0.00 per share due to the settlement of performance vesting restricted stock units.
- On the same day, Chang Hung-Lun disposed of 40,455 shares at $10.44 per share, which were performance vesting restricted stock units settled in cash.
- On June 14, 2024, Chang Hung-Lun disposed of 15,614 shares at $10.44 per share to cover tax withholding obligations.
- Following these transactions, Chang Hung-Lun directly owns 249,663 shares of Applied Optoelectronics common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the transactions are related to standard executive compensation and tax obligations.
Positives
- The acquisition of 80,910 shares indicates that performance metrics were met, triggering the vesting of restricted stock units.
Industry Context
Executive stock transactions are common and provide insights into management's perspective on the company's performance and future prospects. This filing indicates activity related to vested performance-based compensation.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by an executive.
Key Dates
| Date | Description |
|---|---|
| 06/13/2024 | Acquisition of 80,910 shares and disposal of 40,455 shares. |
| 06/14/2024 | Disposal of 15,614 shares for tax withholding. |
| 06/17/2024 | Date of signature for the Form 4 filing. |
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