Form 4: Ultra Clean Holdings CFO Sheri Savage Sells Shares

Sheri Savage, CFO of Ultra Clean Holdings, Inc., sold 10,079 shares of common stock on July 8, 2024, at a price of $54.18 per share.

Summary

• On July 8, 2024, Sheri Savage, the CFO of Ultra Clean Holdings, Inc. (UCTT), sold 10,079 shares of the company's common stock.
• The sale was executed at a price of $54.18 per share.
• Following the transaction, Savage directly owns 52,575 shares of Ultra Clean Holdings, Inc.
• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 8, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by the CFO. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It provides transparency into the transactions of company executives and their holdings in the company's stock. It is important for investors to monitor these filings as they can provide insights into management's perspective on the company's value and future prospects.

Stakeholder Impact

• The stock sale by a key executive could be perceived negatively by some shareholders, potentially leading to slight selling pressure.
• However, the existence of a pre-arranged trading plan mitigates concerns about opportunistic trading based on inside information.

Key Dates