Form 4: Ultra Clean Holdings Executive Acquires Shares Through Restricted Stock Units
SEC Form 4 Filing
Bill Bentinck, President of Services Business at Ultra Clean Holdings, acquired 8,644 shares of common stock through restricted stock units on April 26, 2024.
Summary
- Bill Bentinck, President, Services Business at Ultra Clean Holdings, acquired 8,644 shares of common stock on April 26, 2024.
- The acquisition was through restricted stock units.
- These restricted stock units vest over 3 years, with equal parts vesting on each anniversary of the vesting commencement date of April 26, 2024.
- Following the transaction, Bentinck beneficially owns 60,197 shares of Ultra Clean Holdings.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing related to stock grants. The acquisition of shares by an executive is generally viewed as a positive, but it's not a major event.
Positives
- The acquisition of shares by an executive could be seen as a positive sign, indicating confidence in the company's future performance.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates an executive's acquisition of company stock, which is a common occurrence.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment, as it indicates confidence from a company executive.
Key Dates
| Date | Description |
|---|---|
| 04/26/2024 | Date of the transaction and vesting commencement date for the restricted stock units. |
| 04/30/2024 | Date of signature for the Form 4 filing. |
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