Form 4: Ultra Clean Holdings CEO James Scholhamer Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


James Scholhamer, CEO of Ultra Clean Holdings, reports acquiring 44,398 shares of common stock on April 26, 2024.

Summary

  • On April 26, 2024, James P. Scholhamer, CEO of Ultra Clean Holdings, acquired 44,398 shares of common stock.
  • The acquisition was made at a price of $0 per share.
  • Following the transaction, Scholhamer directly owns 464,136 shares of Ultra Clean Holdings common stock.
  • The reported transaction also involved restricted stock units that vest over 3 years with equal parts vesting on each anniversary of the vesting commencement date of April 26, 2024.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard regulatory filing indicating a change in beneficial ownership. The CEO acquiring shares is generally a positive sign, but without additional context, it's difficult to gauge the overall impact.

Positives

  • The CEO's acquisition of shares could be interpreted positively by investors, signaling confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Key Dates

DateDescription
04/26/2024Date of the stock acquisition and vesting commencement date for restricted stock units.
04/30/2024Date of signature for the Form 4 filing.

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