Form 4: PDF Solutions CTO Disposes Shares for Tax Obligations

PDF Solutions' Chief Technology Officer, Andrzej Strojwas, disposed of 2,762 shares of common stock to cover tax withholding obligations related to vested Restricted Stock Units.

Summary

• Andrzej Strojwas, Chief Technology Officer of PDF Solutions Inc. (PDFS), reported a disposition of common stock.
• The transaction involved 2,762 shares of common stock disposed of on January 1, 2026.
• The shares were disposed to PDF Solutions Inc. at a price of $28.53 per share.
• This disposition was made to satisfy tax withholding obligations associated with the vesting of Restricted Stock Units.
• The filing explicitly states this was not a sale of shares in the open market.
• Following this transaction, Andrzej Strojwas beneficially owns 89,204 shares of common stock directly.

Sentiment

Score: 5

Explanation: The filing reports a routine insider transaction for tax withholding purposes, which is neutral in sentiment and does not indicate positive or negative operational or financial performance.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding the company's future performance or outlook.

Industry Context

This is a routine insider transaction related to executive compensation and tax obligations, which is common across all industries for publicly traded companies with equity compensation plans. It does not reflect broader industry trends or competitive positioning.

Comparison to Industry Standards

• The disposition of shares to cover tax withholding obligations upon the vesting of Restricted Stock Units is a standard practice for executive compensation in publicly traded companies, aligning with common industry benchmarks for equity compensation management.

Related Party Transactions

• Andrzej Strojwas disposed of 2,762 shares of common stock to PDF Solutions Inc. to satisfy tax withholding obligations related to the vesting of Restricted Stock Units. This is a standard, non-market transaction with the company.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine, non-market transaction for tax purposes and does not reflect a change in the executive's investment thesis or company fundamentals.
• Employees: No direct impact beyond the reporting person.

Key Dates

Keywords

PDF Solutions, PDFS, Andrzej Strojwas, Chief Technology Officer, CTO, Insider Transaction, Form 4, Restricted Stock Units, RSU, Tax Withholding, Share Disposition