Form 4: Applied Optoelectronics Executive David C. Kuo Sells Shares to Cover Tax Obligations

David C. Kuo, a Senior Vice President at Applied Optoelectronics, sold shares to cover tax obligations related to vesting restricted stock units.

Summary

• David C. Kuo, Senior Vice President and Chief Legal Officer at Applied Optoelectronics, sold a total of 5,056 shares of common stock on January 22, 2025.
• The sales were executed at a price of $30.15 per share.
• These transactions were made to satisfy tax-withholding obligations upon the vesting of restricted stock unit awards.
• The restricted stock units were granted on June 11, 2021, June 27, 2022, June 26, 2023, and April 29, 2024.
• Following these transactions, Mr. Kuo directly owns 93,066 shares of Applied Optoelectronics common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction related to executive compensation and does not indicate any positive or negative sentiment.

Industry Context

This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.

Comparison to Industry Standards

• Similar stock sales to cover tax obligations are common among executives at publicly traded companies.
• The number of shares sold and the price are consistent with typical transactions of this nature.
• Other technology companies such as Lumentum and Infinera also have similar filings when executives vest stock options or restricted stock units.

Stakeholder Impact

• The stock sales have a minimal impact on shareholders as they are routine transactions for tax purposes.

Key Dates

Keywords

insider trading, stock sale, restricted stock units, tax withholding, Form 4, AAOI, Applied Optoelectronics, David C. Kuo