Form 4: Ultra Clean Holdings CIO Executes Tax Withholding
Statement of Changes in Beneficial Ownership
Chief Information Officer Jeffrey L. McKibben reported the automatic withholding of 3,942 shares to cover tax liabilities.
Summary
- Jeffrey L. McKibben, Chief Information Officer of Ultra Clean Holdings, Inc. (UCTT), reported the disposition of 3,942 shares of common stock.
- The shares were withheld at a price of $78.15 per share.
- The transaction occurred on April 30, 2026, to satisfy tax obligations related to the vesting of restricted stock units (RSUs).
- Following these transactions, the reporting person maintains a beneficial ownership of 18,054 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a routine tax-related transaction by an insider rather than a strategic move or market-driven sale.
Positives
- The transaction was a routine administrative action related to tax withholding rather than a discretionary market sale.
- The reporting person retains a significant equity stake of 18,054 shares in the company.
Negatives
- The transaction resulted in a reduction of the reporting person's direct share ownership.
Risks
- None identified; this is a standard regulatory filing for tax compliance.
Future Outlook
No forward-looking guidance or strategic outlook provided in this filing.
Industry Context
StockSavvy.ai notes that this filing is a standard administrative disclosure common among executives in the semiconductor equipment sector, reflecting routine equity compensation vesting cycles rather than a change in corporate strategy or market sentiment.
Comparison to Industry Standards
- The transaction follows standard industry practices for executive compensation and tax compliance.
- The use of automatic share withholding for tax liabilities is consistent with governance policies at peer companies like Lam Research or Applied Materials.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a non-discretionary tax settlement.
Key Dates
| Date | Description |
|---|---|
| 04/30/2026 | Date of the reported transactions involving share withholding. |
| 05/04/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
UCTT, Ultra Clean Holdings, Insider Trading, Form 4, Tax Withholding, Equity Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.