Form 4: Director Clarence Granger Receives UCTT Stock Grant
Statement of Changes in Beneficial Ownership
Ultra Clean Holdings director Clarence L. Granger acquired 2,575 restricted stock units as part of an equity grant.
Summary
- Director Clarence L. Granger was granted 2,575 restricted stock units (RSUs) of Ultra Clean Holdings, Inc. (UCTT) on May 22, 2026.
- The shares were acquired at a price of $0 per share as part of a standard equity compensation arrangement.
- Following this transaction, the director's direct beneficial ownership increased to 84,392 shares of common stock.
- The director also maintains an indirect interest in 1,000 shares held by a trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of immediate market impact.
Positives
- Alignment of director interests with shareholders through increased equity ownership.
Negatives
- None identified.
Risks
- Standard market risks associated with equity ownership in the semiconductor equipment industry.
Future Outlook
The restricted stock units are scheduled to vest 100% on the earlier of the day before the next annual stockholder meeting or one year from the date of grant.
Industry Context
StockSavvy.ai notes that director equity grants are standard corporate governance practices designed to incentivize long-term performance and align leadership with shareholder interests within the semiconductor supply chain sector.
Comparison to Industry Standards
- The grant of RSUs to non-employee directors is consistent with standard compensation practices for mid-cap technology companies.
- The vesting schedule aligns with typical one-year cliff or annual meeting-based vesting cycles observed in the industry.
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity compensation event.
Next Steps
- Vesting of the 2,575 restricted stock units on the earlier of the day before the next annual stockholder meeting or May 22, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/22/2026 | Date of the RSU grant transaction. |
| 05/27/2026 | Date the Form 4 was filed with the SEC. |
Keywords
UCTT, Ultra Clean Holdings, Insider Trading, Form 4, Director Compensation, Equity Grant
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