Form 4: PDF Solutions CFO Adnan Raza Reports Routine Tax-Related Share Disposition

PDF Solutions' EVP of Finance and CFO, Adnan Raza, reported the disposition of 4,921 shares of common stock to satisfy tax withholding obligations related to restricted stock unit vesting.

Summary

• Adnan Raza, Executive Vice President of Finance and Chief Financial Officer of PDF Solutions Inc. (PDFS), reported a transaction on July 1, 2025.
• 4,921 shares of common stock were disposed of to satisfy tax withholding obligations associated with the vesting of restricted stock units.
• This disposition was not a sale of shares in the open market.
• The shares were valued at $21.87 for the purpose of tax withholding.
• Following this transaction, Adnan Raza beneficially owns 63,880 shares of PDF Solutions common stock.
• The reported beneficial ownership includes 788 shares of common stock purchased on January 31, 2025, under the PDF Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares for tax withholding purposes related to RSU vesting, which is a standard compensation event and not indicative of a market sale or significant change in sentiment regarding the company's prospects.

Positives

• Beneficial ownership includes 788 shares purchased on January 31, 2025, under the PDF Employee Stock Purchase Plan, indicating ongoing employee investment in the company.

Future Outlook

NA

Management Comments

• This represents a disposition of shares to the Company to satisfy tax withholding obligations with respect to the vesting of restricted stock units. This is not a sale of shares in the market.

Industry Context

NA

Key Dates

Keywords

PDF Solutions, PDFS, Adnan Raza, Form 4, SEC filing, insider transaction, stock disposition, restricted stock units, RSU vesting, tax withholding, CFO, employee stock purchase plan