Form 4: Applied Optoelectronics Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
David C. Kuo, Senior Vice President and Chief Legal Officer of Applied Optoelectronics, sold shares to cover tax obligations related to vesting restricted stock units.
Summary
- David C. Kuo, a Senior Vice President and Chief Legal Officer at Applied Optoelectronics, Inc. (AAOI), reported the disposition of common stock to cover tax withholding obligations.
- The transactions occurred on April 22, 2025.
- Kuo disposed of a total of 4,015 shares across four separate transactions, each at a price of $10.05.
- These dispositions 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.
- Following these transactions, Kuo directly owns 110,649 shares of Applied Optoelectronics, Inc.
Sentiment
Score: 5
Explanation: The document reflects routine transactions related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Executive stock sales to cover tax obligations upon vesting of restricted stock units are a common practice.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the slight dilution from the vesting of restricted stock units and the subsequent sale of shares to cover taxes.
Key Dates
| Date | Description |
|---|---|
| 06/11/2021 | Date of restricted stock unit award grant related to one of the transactions. |
| 06/27/2022 | Date of restricted stock unit award grant related to one of the transactions. |
| 06/26/2023 | Date of restricted stock unit award grant related to one of the transactions. |
| 04/29/2024 | Date of restricted stock unit award grant related to one of the transactions. |
| 04/22/2025 | Date of the stock disposition transactions. |
| 04/24/2025 | Date of the Form 4 filing. |
Keywords
Form 4, insider trading, stock disposition, restricted stock units, tax withholding, AAOI, Applied Optoelectronics, Kuo David C
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