Form 4: Ultra Clean Holdings Director Maddock Increases Stake with Trust Purchase
SEC Form 4 Filing
Director Ernest E. Maddock increases his indirect holdings in Ultra Clean Holdings through a trust purchase of 10,000 shares.
Summary
- On March 7, 2025, Ernest E. Maddock, a director of Ultra Clean Holdings, Inc. (UCTT), acquired 10,000 shares of UCTT common stock through the Maddock 2000 Trust at a price of $24.29 per share.
- Following the transaction, Maddock beneficially owns 11,000 shares indirectly through the trust.
- Maddock is the trustee and a beneficiary of the Maddock 2000 Trust, along with members of his family.
- 1,000 shares of UCT common stock were previously reported as direct holdings by the reporting person and have been held indirectly by the reporting person through the Maddock 2000 Trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director increasing their stake in the company is generally viewed as a positive sign, but the transaction is relatively small and may not have a significant impact.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
Insider transactions are closely monitored as they can provide insights into a company's performance and future prospects. This Form 4 filing is a routine disclosure required by the SEC.
Stakeholder Impact
- The transaction could have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 03/07/2025 | Date of stock purchase by Maddock 2000 Trust |
| 03/11/2025 | Date of Form 4 filing |
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