Form 4: Ultra Clean Holdings Director Thomas T. Edman Reports Acquisition of 3,647 Shares

Director Thomas T. Edman reports acquiring 3,647 shares of Ultra Clean Holdings, Inc. common stock on May 22, 2024.

Summary

• Thomas T. Edman, a director of Ultra Clean Holdings, Inc., filed a Form 4 on May 24, 2024, reporting a transaction.
• On May 22, 2024, Edman acquired 3,647 shares of common stock.
• The acquisition was a result of a restricted stock award.
• Following the transaction, Edman beneficially owns 37,843 shares of Ultra Clean Holdings, Inc.
• 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.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it's a standard regulatory filing reporting a stock transaction. The acquisition itself could be seen as slightly positive, but the filing is primarily informational.

Positives

• A director increasing their holdings could be seen as a positive signal about their confidence in the company's future.

Industry Context

This filing is a routine disclosure required by the SEC when a company insider, such as a director, engages in a transaction involving the company's stock. It provides transparency to the market regarding insider activity.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.

Key Dates