Form 4: Director David Jeffrey Richardson Transfers Shares to Family Trust
SEC Form 4 Filing
Director David Jeffrey Richardson transferred 21,393 shares of Kulicke & Soffa Industries Inc. to a family trust on August 15, 2024, while retaining beneficial ownership.
Summary
- On August 15, 2024, David Jeffrey Richardson, a director of Kulicke & Soffa Industries Inc. (KLIC), transferred 21,393 shares of common stock to a family trust.
- The transfer was a gift, and the price per share was $0 for both the disposal and acquisition.
- Despite the transfer, Richardson retains beneficial ownership of these shares through the family trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing regarding a share transfer. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to insider transactions and doesn't necessarily reflect broader industry trends.
Related Party Transactions
- The transfer of shares to a family trust is a related party transaction.
Stakeholder Impact
- The transfer of shares to a family trust by a director is unlikely to have a significant impact on stakeholders as the director retains beneficial ownership.
Key Dates
| Date | Description |
|---|---|
| 08/15/2024 | Date of the share transfer to the family trust. |
| 08/19/2024 | Date of signature on the Form 4 filing. |
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