Form 4: Barbara Vaughn Scherer Reports Changes in Beneficial Ownership of Ultra Clean Holdings, Inc.
SEC Form 4 Filing
Barbara Vaughn Scherer, a director at Ultra Clean Holdings, Inc., reports acquiring 3,647 shares of common stock and now beneficially owns 53,543 shares.
Summary
- On May 22, 2024, Barbara Vaughn Scherer, a director of Ultra Clean Holdings, Inc., acquired 3,647 shares of common stock.
- The acquisition was made at a price of $0 per share.
- Following the transaction, Scherer beneficially owns 53,543 shares of Ultra Clean Holdings, Inc.
- The shares were acquired through a restricted stock award that vests 100% the earlier of the day before the next annual stockholder meeting or 1 year from the date of grant.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a standard regulatory filing reporting a stock acquisition by a director. While insider buying can be seen as a positive signal, it's not necessarily indicative of significant positive or negative sentiment.
Positives
- The acquisition of shares by a director could be seen as a positive sign, indicating confidence in the company's future.
Future Outlook
The restricted stock award vests 100% the earlier of the day before the next annual stockholder meeting or 1 year from the date of grant.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.
Stakeholder Impact
- The increase in shares owned by a director could be viewed positively by shareholders.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: Barbara Vaughn Scherer acquired 3,647 shares of Ultra Clean Holdings, Inc. common stock. |
| 05/24/2024 | Date of report filing. |
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