Form 4: Applied Optoelectronics Executive Sells 10,000 Shares Under 10b5-1 Plan

David C. Kuo, Senior Vice President and Chief Legal Officer of Applied Optoelectronics, Inc., sold 10,000 shares of common stock at an average price of $15.015 per share on September 24, 2024, under a pre-arranged trading plan.

Summary

• On September 24, 2024, David C. Kuo, Senior Vice President and Chief Legal Officer of Applied Optoelectronics, Inc. (AAOI), sold 10,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $15.015 per share, with individual transaction prices ranging from $15 to $15.08.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted by Kuo on December 14, 2023.
• Following the sale, Kuo directly owns 132,921 shares of Applied Optoelectronics, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a routine stock sale under a pre-arranged trading plan. It doesn't inherently indicate positive or negative prospects for the company.

Industry Context

Insider sales are a common occurrence, and the use of a 10b5-1 trading plan suggests the sale was pre-planned and not based on any specific non-public information. Investors often monitor insider transactions for signals about a company's prospects, but sales under 10b5-1 plans are generally viewed as less informative.

Stakeholder Impact

• The sale of shares by a company executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates