Form 4: Applied Optoelectronics Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Hung-Lun (Fred) Chang, a Senior Vice President at Applied Optoelectronics, sold shares to cover tax obligations related to a restricted stock unit award.
Summary
- On April 30, 2025, Hung-Lun (Fred) Chang, a Senior Vice President and North America General Manager at Applied Optoelectronics, Inc., disposed of 774 shares of common stock to satisfy tax-withholding obligations.
- The shares were sold at a price of $10.05 per share.
- Following the transaction, Chang directly owns 214,338 shares of Applied Optoelectronics, Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes) and doesn't convey strong positive or negative sentiment.
Industry Context
Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and do not necessarily indicate a negative outlook on the company's future performance.
Stakeholder Impact
- The sale of shares by an executive could have a minor, temporary impact on the stock price.
Key Dates
| Date | Description |
|---|---|
| 04/11/2025 | Date of restricted stock unit award grant |
| 04/30/2025 | Date of stock sale to cover tax obligations |
| 05/02/2025 | Date of Form 4 filing |
Keywords
Form 4, Applied Optoelectronics, AAOI, Hung-Lun Chang, Stock Sale, Tax Withholding, Restricted Stock Units, Beneficial Ownership
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