Form 4: Director Ernest E. Maddock Acquires UCTT Shares
Statement of Changes in Beneficial Ownership
Ultra Clean Holdings, Inc. Director Ernest E. Maddock acquired 2,575 shares of common stock via restricted stock units.
Summary
- Director Ernest E. Maddock received a grant of 2,575 restricted stock units (RSUs) on May 22, 2026.
- The shares were acquired at a price of $0 per share as part of an equity compensation grant.
- Following this transaction, the director's direct beneficial ownership increased to 47,816 shares.
- The director maintains an additional 11,000 shares held indirectly through a trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation, which is neutral in terms of market impact.
Positives
- Increased alignment between director interests and shareholder value through equity ownership.
- Demonstrates continued commitment from a member of the board of directors.
Negatives
- None identified in this filing.
Risks
- None identified in this filing.
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 board oversight and align leadership with shareholder interests in the semiconductor equipment and services 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 annual equity refresh cycles observed in the industry.
Stakeholder Impact
- Positive signal to shareholders regarding director confidence and long-term alignment.
Next Steps
- Vesting of the 2,575 restricted stock units on or before the next annual stockholder meeting.
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
Ultra Clean Holdings, UCTT, Insider Trading, Form 4, Director Equity, Restricted Stock Units
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