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

Brian E. Harding, Chief Accounting Officer of Ultra Clean Holdings, acquired 11,237 shares of common stock through restricted stock units on April 26, 2024.

Summary

• Brian E. Harding, Chief Accounting Officer of Ultra Clean Holdings, Inc., filed a Form 4 on April 30, 2024.
• The filing reports a transaction that occurred on April 26, 2024, where Harding acquired 11,237 shares of Ultra Clean Holdings' common stock.
• These shares were acquired through restricted stock units (RSUs) at a price of $0.
• The RSUs vest over three years, with equal parts vesting on each anniversary of the vesting commencement date of April 26, 2024.
• Following the reported transaction, Harding beneficially owns 49,905 shares of Ultra Clean Holdings' common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock acquisition by an executive, which doesn't inherently indicate positive or negative sentiment.

Positives

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

Future Outlook

The restricted stock units vest over a three-year period, suggesting a long-term commitment by the executive to the company's success.

Industry Context

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding insider transactions in publicly traded companies.

Stakeholder Impact

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

Key Dates