Form 4: Ichor Holdings CEO Jeff Andreson Reports Stock Transactions
SEC Form 4 Filing
Jeff Andreson, CEO of Ichor Holdings, reports the acquisition and disposal of ordinary shares and derivative securities on May 24, 2024.
Summary
- On May 24, 2024, Jeff Andreson, the CEO of Ichor Holdings, engaged in transactions involving the company's stock.
- He acquired 18,000 ordinary shares at $24.05 and 3,400 ordinary shares at $24.89 through option exercises.
- He also disposed of 21,400 ordinary shares at $38.74.
- Following these transactions, Andreson directly owns 282,141 ordinary shares.
- He also owns options to buy 36,000 shares at $24.05 and 6,800 shares at $24.89.
- The sales were executed under a pre-arranged Rule 10b5-1 trading plan.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the document simply reports transactions without indicating positive or negative outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the trading activities of company insiders. Investors often monitor these filings to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The transactions may influence investor sentiment regarding Ichor Holdings.
- Shareholders may interpret the CEO's actions as a reflection of his confidence in the company's future performance.
Key Dates
| Date | Description |
|---|---|
| 12/06/2018 | 25% of the option vests on December 6, 2018 and the remainder vests ratably on a quarterly basis over a three year period thereafter. |
| 02/15/2019 | 25% of the option vests on February 15, 2019 and the remainder vests ratably on a quarterly basis over a three year period thereafter. |
| 05/24/2024 | Date of earliest transaction; acquisition and disposal of shares and options. |
| 12/06/2024 | Expiration date of options to buy 18,000 ordinary shares at $24.05. |
| 02/15/2025 | Expiration date of options to buy 3,400 ordinary shares at $24.89. |
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