Form 4: Applied Optoelectronics Executive Shu-Hua (Joshua) Yeh Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Shu-Hua (Joshua) Yeh, a Senior Vice President at Applied Optoelectronics, reported disposing of shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 22, 2024, Shu-Hua (Joshua) Yeh, Senior Vice President and Asia General Manager of Applied Optoelectronics, Inc. (AAOI), disposed of shares of common stock to satisfy tax-withholding obligations.
- These disposals were related to the vesting of restricted stock unit awards granted on June 11, 2021, June 27, 2022, and June 26, 2023.
- The transactions involved the surrender of 1,076 shares, 1,637 shares, 1,899 shares, and 2,554 shares, all at a price of $12.12 per share.
- Following these transactions, Yeh's direct ownership of Applied Optoelectronics common stock decreased from 241,422 to 235,332 shares.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine tax-related stock disposals, which are a normal part of executive compensation.
Industry Context
Form 4 filings are a routine part of the US stock market, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The stock disposal has a minimal impact on shareholders as it is related to tax obligations and does not indicate a change in the executive's long-term outlook on the company.
Key Dates
| Date | Description |
|---|---|
| 06/11/2021 | Date of restricted stock unit award grant related to some of the disposed shares. |
| 06/27/2022 | Date of restricted stock unit award grant related to some of the disposed shares. |
| 06/26/2023 | Date of restricted stock unit award grant related to some of the disposed shares. |
| 04/22/2024 | Date of stock disposal transactions. |
| 04/24/2024 | Date of Form 4 filing. |
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