Form 4: Ultra Clean Holdings Director Jacqueline Seto Acquires 8,198 Shares Through RSU Grant
Insider Transaction Report
Ultra Clean Holdings, Inc. Director Jacqueline A. Seto acquired 8,198 shares of common stock on May 21, 2025, increasing her beneficial ownership to 28,950 shares, likely through a restricted stock unit grant.
Summary
- Jacqueline A. Seto, a Director of Ultra Clean Holdings, Inc. (UCTT), reported a change in beneficial ownership.
- On May 21, 2025, Ms. Seto acquired 8,198 shares of Ultra Clean Holdings common stock.
- The transaction price for these shares was $0, indicating that the acquisition was likely a grant of restricted stock units (RSUs).
- Following this transaction, Ms. Seto's total beneficial ownership of Ultra Clean Holdings common stock increased to 28,950 shares.
- The acquired 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: 7
Explanation: The acquisition of shares by a director, likely through a compensation grant, is generally viewed positively as it aligns insider interests with shareholders, though it is a routine disclosure and not indicative of extraordinary performance.
Positives
- Director Jacqueline A. Seto increased her beneficial ownership in Ultra Clean Holdings, Inc. by acquiring 8,198 shares of common stock.
- The acquisition, likely a grant of restricted stock units, aligns the director's interests with long-term shareholder value and company performance.
Future Outlook
The acquired 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 grant date, indicating a future vesting event that will convert these units into fully owned shares.
Industry Context
This Form 4 filing is a routine disclosure of insider stock ownership changes and reflects standard compensation practices for directors within the semiconductor equipment and services industry, where Ultra Clean Holdings, Inc. operates.
Related Party Transactions
- The acquisition of 8,198 shares by Director Jacqueline A. Seto is likely a grant of restricted stock units as part of her compensation package, which is a common form of related party transaction between a company and its directors.
Stakeholder Impact
- Shareholders may view the director's increased ownership positively as it aligns her interests with the company's long-term performance and shareholder value.
Next Steps
- Vesting of the 8,198 restricted stock units, which will occur on the earlier of the day before the next annual stockholder meeting or one year from the grant date.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: acquisition of 8,198 shares of common stock by Director Jacqueline A. Seto. |
| 05/23/2025 | Date the Form 4 was signed by the attorney-in-fact for Jacqueline A. Seto. |
Keywords
Ultra Clean Holdings, UCTT, Form 4, insider transaction, stock acquisition, director ownership, restricted stock units, RSU grant, beneficial ownership
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