Form 4: Data I/O Corp Director Anthony Ambrose Reports Stock Transactions

Director Anthony Ambrose reports acquisition and disposal of Data I/O Corp stock related to vesting of restricted stock units and payment of taxes.

Summary

• On June 1, 2024, Anthony Ambrose, a director and President of Data I/O Corp, reported transactions involving the company's common stock.
• These transactions included the disposal of shares to cover taxes related to the vesting of restricted stock units (RSUs).
• Specifically, 6,652 shares, 9,978 shares and 8,870 shares were disposed of at a price of $2.87 per share to cover taxes.
• Ambrose also acquired 37,500 shares through an RSU grant at a price of $2.87 per share.
• Following these transactions, Ambrose beneficially owns 471,048 shares of Data I/O Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reflects routine stock transactions related to executive compensation. There are no explicit positive or negative implications for the company's performance.

Positives

• The RSU grant indicates continued alignment of the director's interests with the company's performance.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they relate to executive compensation and do not indicate a change in the company's fundamentals.

Key Dates