Form 4: PDF Solutions CFO Adnan Raza Sells Shares in Multiple Transactions
SEC Form 4 Filing
Adnan Raza, EVP, Finance and CFO of PDF Solutions Inc, sold a total of 27,494 shares of common stock in multiple transactions between May 15 and May 17, 2024.
Summary
- Adnan Raza, the EVP, Finance and CFO of PDF Solutions Inc, reported the sale of company stock.
- On May 15, 2024, Raza sold 1,343 shares of common stock at an average price of $34.52 per share.
- On May 16, 2024, Raza sold 16,504 shares at an average price of $33.82 per share.
- On May 17, 2024, Raza sold 9,647 shares at an average price of $33.95 per share.
- Following these transactions, Raza directly owns 48,218 shares of PDF Solutions Inc.
- The sales were executed through multiple brokers' transactions at varying market prices.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting the sale of shares by a company executive. It doesn't inherently convey positive or negative sentiment, but the market may interpret insider selling as slightly negative.
Industry Context
This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings to gain insights into management's perspective on the company's stock and future prospects.
Stakeholder Impact
- Shareholders may react to the news of the CFO selling shares, potentially influencing the stock price.
Key Dates
| Date | Description |
|---|---|
| 05/15/2024 | Sale of 1,343 shares of common stock at an average price of $34.52. |
| 05/16/2024 | Sale of 16,504 shares of common stock at an average price of $33.82. |
| 05/17/2024 | Sale of 9,647 shares of common stock at an average price of $33.95. |
| 05/17/2024 | Date of signature for the Form 4 filing. |
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