Form 4: Ultra Clean Holdings Director Emily Liggett Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Emily Liggett reports acquiring 3,647 shares of Ultra Clean Holdings common stock on May 22, 2024.

Summary

  • Emily Liggett, a director at Ultra Clean Holdings, Inc., filed a Form 4 on May 24, 2024.
  • The report details a transaction on May 22, 2024, where Liggett acquired 3,647 shares of common stock.
  • The acquisition was made at a price of $0 per share.
  • Following the transaction, Liggett beneficially owns 40,873 shares of Ultra Clean Holdings, Inc.
  • The shares were acquired through a restricted stock award that vests 100% the earlier of the day before the next annual stockholder meeting or 1 year from the date of grant.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. A director increasing their stake in the company is generally a good sign, but the transaction itself is a routine part of corporate governance.

Positives

  • The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future.

Future Outlook

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.

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 increased stake in the company, which is generally viewed positively by investors.

Key Dates

DateDescription
05/22/2024Date of transaction: Emily Liggett acquired 3,647 shares of Ultra Clean Holdings common stock.
05/24/2024Date of Form 4 filing.

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