Form 4: Ultra Clean CFO Sheri Savage Executes Tax Withholding
Statement of Changes in Beneficial Ownership
CFO Sheri Savage disposed of 11,876 shares of Ultra Clean Holdings, Inc. to satisfy tax obligations related to RSU vesting.
Summary
- CFO Sheri Savage reported the disposition of 11,876 shares of common stock on April 30, 2026.
- The shares were withheld by the company to cover tax liabilities associated with the vesting of restricted stock units (RSUs).
- The transactions were executed at a price of $78.15 per share.
- Following these transactions, the reporting person maintains a direct beneficial ownership of 54,505 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the share reduction is purely administrative and related to tax compliance rather than a change in investment outlook.
Positives
- The transaction was a routine administrative action related to tax obligations rather than a discretionary sale of equity.
Negatives
- The transaction resulted in a reduction of the CFO's direct equity stake in the company.
Risks
- None identified; this is a standard tax-related withholding event.
Future Outlook
No forward-looking guidance or strategic outlook provided in this filing.
Industry Context
StockSavvy.ai notes that automatic share withholding for tax obligations upon RSU vesting is a standard corporate governance practice for executives in the semiconductor equipment industry, signaling no change in management sentiment.
Comparison to Industry Standards
- The transaction aligns with standard executive compensation and tax compliance practices observed at peer companies like Lam Research and Applied Materials.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a routine tax-related event.
Next Steps
- None
Key Dates
| Date | Description |
|---|---|
| 04/30/2026 | Date of the transaction involving the withholding of shares for tax purposes. |
| 05/04/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
UCTT, Ultra Clean Holdings, Insider Trading, Form 4, CFO, Equity Compensation
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