Form 4: Diodes Inc. Executive Jin Zhao Reports Stock Transactions
SEC Form 4 Filing
Jin Zhao, President of Diodes Asia, reports the disposition of shares to cover income tax and an adjustment to Performance Stock Units (PSUs).
Summary
- On February 24, 2025, Jin Zhao, President of Diodes Asia, reported a transaction involving Diodes Incorporated Common Stock.
- 244 shares were disposed of at a price of $54.26 per share to cover income tax obligations.
- Following the transaction, Zhao directly owns 35,926 shares of Diodes Incorporated Common Stock.
- The amount of Performance Stock Units (PSUs) beneficially owned was decreased by 5,000 because the 2022 PSU Award had no settlement of shares.
- Zhao also holds 23,100 Performance Stock Units (PSUs), each representing a contingent right to receive one share of Diodes Incorporated Common Stock under the company's 2022 Equity Incentive Plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports required insider trading activity. There is no indication of positive or negative sentiment.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common in publicly traded companies. It provides transparency to investors regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 02/24/2025 | Date of stock transaction and PSU adjustment. |
| 02/26/2025 | Date of signature by Power of Attorney. |
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