Form 4: Applied Optoelectronics Executive Chang Hung-Lun (Fred) Reports Stock Disposals for Tax Obligations
SEC Form 4
Chang Hung-Lun (Fred), a Senior Vice President at Applied Optoelectronics, reported the disposal of shares to cover tax withholding obligations upon the vesting of restricted stock units.
Summary
- On October 22, 2024, Chang Hung-Lun (Fred), a Senior Vice President at Applied Optoelectronics, filed a Form 4.
- The filing reports 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, June 26, 2023, and April 29, 2024.
- A total of 7,232 shares were disposed of at a price of $18.51 per share.
- Following these transactions, Chang Hung-Lun (Fred) directly owns 234,810 shares of Applied Optoelectronics.
- The transactions were executed to satisfy tax-withholding requirements associated with the vesting of restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral. The filing reflects routine transactions for tax purposes and doesn't indicate a significant change in the executive's holdings or outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily reflect a negative outlook on the company.
Key Dates
| Date | Description |
|---|---|
| June 11, 2021 | Date of restricted stock unit award grant related to share disposals. |
| June 27, 2022 | Date of restricted stock unit award grant related to share disposals. |
| June 26, 2023 | Date of restricted stock unit award grant related to share disposals. |
| April 29, 2024 | Date of restricted stock unit award grant related to share disposals. |
| October 22, 2024 | Date of transaction (stock disposal). |
| October 24, 2024 | Date of Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.