Form 4: Ultra Clean Holdings Executive Acquires Shares and Restricted Stock Units

Sentiment:

SEC Form 4 Filing


Paul Yoonku Cho, General Counsel and Secretary of Ultra Clean Holdings, reports acquisition of shares and restricted stock units.

Summary

  • On April 26, 2024, Paul Yoonku Cho, General Counsel and Secretary of Ultra Clean Holdings, acquired 8,644 shares of common stock.
  • These shares were acquired at a price of $0.
  • Cho also acquired restricted stock units that vest over 3 years, with equal parts vesting on each anniversary of the vesting commencement date of April 26, 2024.
  • Following the reported transaction, Cho beneficially owns 23,798 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing indicating an executive's stock transactions. The acquisition of shares and restricted stock units could be interpreted as a slightly positive signal, but it's not a major event.

Positives

  • The acquisition of shares and restricted stock units by a company executive can be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders.

Stakeholder Impact

  • The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company executive.

Key Dates

DateDescription
04/26/2024Date of transaction: acquisition of common stock and restricted stock units.
04/26/2024Vesting commencement date for restricted stock units.
04/30/2024Date of signature for the SEC Form 4 filing.

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