Form 4: Ultra Clean Holdings Executive Acquires Shares Through Restricted Stock Units
SEC Form 4 Filing
Paul Yoonku Cho, General Counsel and Secretary of Ultra Clean Holdings, reports acquisition of shares through restricted stock units.
Summary
- Paul Yoonku Cho, the General Counsel and Secretary of Ultra Clean Holdings, Inc., filed a Form 4 on April 29, 2025, reporting a transaction.
- On April 25, 2025, Cho acquired 14,472 shares of Common Stock through the vesting of restricted stock units (RSUs) at a price of $0.
- Following the transaction, Cho directly owns 31,465 shares of Ultra Clean Holdings, Inc.
- The restricted stock units vest over 3 years with equal parts vesting on each anniversary of the vesting commencement date of April 25, 2025.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard reporting of stock transactions by an insider. It doesn't inherently indicate positive or negative sentiment about the company's performance.
Positives
- The acquisition of shares by a company executive can 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.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it reflects an increase in the executive's stake in the company.
Key Dates
| Date | Description |
|---|---|
| 04/25/2025 | Date of transaction: Acquisition of common stock through restricted stock units. |
| 04/25/2025 | Vesting commencement date for restricted stock units. |
| 04/29/2025 | Date of Form 4 filing. |
Keywords
Form 4, Ultra Clean Holdings, UCTT, Beneficial Ownership, Restricted Stock Units, Paul Yoonku Cho, General Counsel, Secretary, Insider Trading
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