Form 4: Ultra Clean Holdings Director Acquires Shares Through Restricted Stock Award
SEC Form 4
Director David T. ibnAle acquired 3,647 shares of Ultra Clean Holdings, Inc. common stock through a restricted stock award on May 22, 2024.
Summary
- On May 22, 2024, David T. ibnAle, a director of Ultra Clean Holdings, Inc., acquired 3,647 shares of common stock.
- The acquisition was made through a restricted stock award.
- Following the transaction, ibnAle directly owns 60,543 shares of Ultra Clean Holdings, Inc.
- The restricted stock award vests 100% the earlier of the day before the next annual stockholder meeting or 1 year from the date of grant.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It reflects a standard transaction (stock award) for a company director. There's no indication of significant positive or negative implications.
Positives
- The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of shares, which is a common occurrence.
Stakeholder Impact
- The acquisition of shares by a director could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/22/2024 | Date of transaction: David T. ibnAle acquired 3,647 shares of Ultra Clean Holdings, Inc. common stock through a restricted stock award. |
| 05/24/2024 | Date of signature on the Form 4 filing. |
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