Form 4: Director Cynthia DeLaney Receives Stock Grant in Applied Optoelectronics

Cynthia DeLaney, a director at Applied Optoelectronics, Inc., reports the acquisition of 16,483 shares of common stock through a restricted stock unit (RSU) grant.

Summary

• Cynthia DeLaney, a director of Applied Optoelectronics, Inc. (AAOI), filed a Form 4 on June 25, 2024, reporting a transaction that occurred on June 21, 2024.
• The transaction involved the acquisition of 16,483 shares of common stock through a grant of Restricted Stock Units (RSUs) under the company's 2024 Board Compensation Plan.
• These RSUs vest in monthly installments, with 1/12th of the total shares vesting on the same day of each month, starting June 6, 2024, until all shares are vested.
• Following the reported transaction, Ms. DeLaney directly owns 124,941 shares of Applied Optoelectronics common stock.
• The report also notes that Ms. DeLaney's spouse, Norman Stephan Kinsella, indirectly owns 2,380 shares of the company's common stock.
• Ms. DeLaney disclaims beneficial ownership of these shares held by her spouse, except to the extent of any indirect pecuniary interest.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock ownership changes by a company director. The RSU grant is a standard compensation practice.

Positives

• The RSU grant to a director could be seen as a positive sign, aligning the director's interests with those of the shareholders.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates stock-based compensation for a board member, which is a common practice.

Stakeholder Impact

• The RSU grant aligns the director's interests with shareholders, potentially encouraging decisions that benefit the company's long-term value.

Key Dates