Form 4: Diodes Inc. Executive Gary Yu Reports Stock Transaction
SEC Form 4 Filing
Gary Yu, President of Diodes Inc., reports a transaction involving the withholding of shares to cover income tax.
Summary
- On July 1, 2024, Gary Yu, President of Diodes Inc., had 787 shares of Diodes Incorporated Common Stock withheld to cover income tax.
- The price per share was $70.19.
- Following the transaction, Yu directly owns 62,585 shares of Diodes Incorporated Common Stock.
- Yu also beneficially owns 52,000 Performance Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to a routine stock transaction for tax purposes. It doesn't indicate any significant positive or negative sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations. It is common for companies to withhold shares to cover income tax liabilities associated with vesting equity awards.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine withholding of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of stock transaction (withholding of shares for income tax). |
| 07/02/2024 | Date of signature on the Form 4 filing. |
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