Form 4: Ultra Clean Holdings CFO Sheri Savage Reports Stock Disposals for Tax Obligations

Sheri Savage, CFO of Ultra Clean Holdings, reports disposals of common stock to cover tax liabilities arising from the vesting of restricted stock units.

Summary

• Sheri Savage, the CFO of Ultra Clean Holdings, Inc. (UCTT), filed a Form 4 detailing changes in beneficial ownership.
• The report indicates that on April 30, 2025, Savage disposed of shares of common stock to cover tax liabilities associated with the vesting of restricted stock units.
• A total of 9,624 shares were disposed of at a price of $18.71 per share.
• Following these transactions, Savage directly owns 66,381 shares of Ultra Clean Holdings common stock.

Sentiment

Score: 5

Explanation: Neutral sentiment as the filing relates to routine stock disposals for tax purposes, which is a normal part of executive compensation.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.

Stakeholder Impact

• The disposal of shares by the CFO could have a minor impact on shareholders due to the increased supply of shares in the market, but the impact is likely to be minimal given the relatively small number of shares involved.

Key Dates

Keywords

Ultra Clean Holdings, UCTT, Sheri Savage, Form 4, Beneficial Ownership, Stock Disposal, Tax Liability, Restricted Stock Units, CFO