Form 4: Ultra Clean Holdings Director David T. ibnAle Acquires 8,198 Shares Through RSU Grant
Insider Transaction Report
Ultra Clean Holdings, Inc. Director David T. ibnAle has acquired 8,198 shares of common stock through a restricted stock unit grant, increasing his direct beneficial ownership to 68,741 shares.
Summary
- David T. ibnAle, a Director of Ultra Clean Holdings, Inc. (UCTT), acquired 8,198 shares of common stock on May 21, 2025.
- The acquisition was a grant of restricted stock units (RSUs) with a reported price of $0 per share.
- Following this transaction, Mr. ibnAle directly beneficially owns a total of 68,741 shares of Ultra Clean Holdings, Inc. common stock.
- The restricted stock units are scheduled to vest 100% on the earlier of the day before the next annual stockholder meeting or one year from the grant date.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, particularly through a grant, is generally viewed positively as it aligns management's interests with shareholders, indicating confidence in the company's future. However, it's a routine compensation event rather than a strategic market announcement.
Positives
- Director David T. ibnAle increased his direct beneficial ownership in Ultra Clean Holdings, Inc. by acquiring 8,198 shares.
- The acquisition of shares through a grant aligns the director's financial interests with those of the company's shareholders, potentially indicating confidence in future performance.
Future Outlook
The restricted stock units granted to Director David T. ibnAle are set to vest 100% on the earlier of the day before the next annual stockholder meeting or one year from the grant date of May 21, 2025.
Industry Context
This Form 4 filing reports a routine insider transaction related to director compensation and does not provide broader industry context or trends. Ultra Clean Holdings operates in the semiconductor equipment and services industry.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Compensation Structure | Grant of 8,198 restricted stock units to Director David T. ibnAle as part of his compensation package. | 05/21/2025 | Increases the director's equity ownership, thereby aligning his interests more closely with those of the company's shareholders. |
Related Party Transactions
- Grant of 8,198 restricted stock units to Director David T. ibnAle.
Stakeholder Impact
- Shareholders: Increased alignment of director's interests with shareholders due to increased equity ownership, potentially signaling management confidence.
Next Steps
- Vesting of the 8,198 restricted stock units will occur 100% on the earlier of the day before the next annual stockholder meeting or one year from the grant date (May 21, 2025).
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction (acquisition of 8,198 shares). |
| 05/23/2025 | Date the Form 4 was signed by the attorney-in-fact for David T. ibnAle. |
Keywords
Ultra Clean Holdings, UCTT, Form 4, Insider Transaction, Stock Acquisition, Restricted Stock Units, Director Ownership, Equity Compensation
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