Form 4: Ultra Clean Holdings CFO Sheri Savage Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Sheri Savage, CFO of Ultra Clean Holdings, reports the disposal of 1,064 shares of common stock to cover tax liabilities arising from the vesting of restricted stock units.
Summary
- On March 31, 2025, Sheri Savage, CFO of Ultra Clean Holdings, disposed of 1,064 shares of common stock.
- The transaction was executed to cover tax obligations related to the vesting of restricted stock units.
- The shares were sold at a price of $21.41 per share.
- Following the transaction, Savage directly owns 48,174 shares of Ultra Clean Holdings.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This filing indicates a standard transaction to cover tax obligations, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2025 | Date of transaction: Disposal of shares to cover tax liability. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Ultra Clean Holdings, UCTT, Sheri Savage, CFO, Form 4, Stock Disposal, Tax Liabilities, Restricted Stock Units, Beneficial Ownership
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