Form 4: Ultra Clean Holdings Director Ernest Maddock Increases Stake with RSU Grant

Ultra Clean Holdings, Inc. Director Ernest E. Maddock acquired 8,198 shares of common stock through a restricted stock unit grant, increasing his direct beneficial ownership to 45,241 shares.

Summary

• Ernest E. Maddock, a Director of Ultra Clean Holdings, Inc. (UCTT), acquired 8,198 shares of common stock.
• The transaction occurred on May 21, 2025, and was an acquisition (A) of securities.
• The shares were acquired at a price of $0, indicating they were likely part of a restricted stock unit (RSU) grant.
• Following this transaction, Mr. Maddock directly beneficially owns 45,241 shares of common stock.
• Additionally, Mr. Maddock indirectly beneficially owns 11,000 shares through a Trust, bringing his total beneficial ownership to 56,241 shares.
• The restricted stock units are set to vest 100% on the earlier of the day before the next annual stockholder meeting or one year from the date of grant.

Sentiment

Score: 8

Explanation: The sentiment is positive as a director's acquisition of shares, even through an RSU grant, generally signals confidence in the company's future performance and aligns management's interests with shareholders.

Positives

• The acquisition of 8,198 shares by a director signals confidence in the company's future prospects and aligns management's interests with those of shareholders.
• The grant of restricted stock units at a $0 price is a common form of equity compensation, incentivizing long-term commitment from the director.

Future Outlook

The restricted stock units granted to Director Ernest E. Maddock are scheduled to vest 100% on the earlier of the day before the next annual stockholder meeting or one year from the grant date, indicating a future milestone for the director's equity compensation.

Industry Context

This Form 4 filing reflects a routine insider transaction, specifically an equity grant, which is a common practice across industries to align the interests of directors and executives with shareholders. It does not provide broader industry trends but indicates ongoing compensation practices within the semiconductor equipment and services sector where Ultra Clean Holdings operates.

Stakeholder Impact

• Shareholders: The increase in a director's beneficial ownership through an RSU grant can be seen as a positive sign, potentially boosting investor confidence due to increased alignment of interests.
• Employees: While not directly impacting all employees, equity grants to leadership can signal stability and long-term strategic focus.

Next Steps

• The restricted stock units (RSUs) granted to Ernest E. Maddock will vest 100% on the earlier of the day before the next annual stockholder meeting or one year from the grant date.

Key Dates

Recommendation

Keywords

Ultra Clean Holdings, UCTT, Ernest E. Maddock, SEC Form 4, Insider Transaction, Restricted Stock Units, RSU Grant, Director Stock Acquisition, Beneficial Ownership, Equity Compensation