Form 4: Ultra Clean Holdings Executive McKibben Reports Stock Transaction
SEC Form 4 Filing
Jeffrey L. McKibben, Chief Information Officer of Ultra Clean Holdings, reports a transaction involving common stock related to tax liability from vested restricted stock units.
Summary
- On December 31, 2024, Jeffrey L. McKibben, the Chief Information Officer of Ultra Clean Holdings, Inc. (UCTT), engaged in a transaction involving the company's common stock.
- 252 shares were disposed of to cover tax liabilities arising from the vesting of restricted stock units.
- The transaction was executed at a price of $35.95 per share.
- Following the transaction, McKibben directly owns 18,553 shares of Ultra Clean Holdings, Inc.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies. It provides transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a routine sale of shares by an executive to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 12/31/2024 | Date of stock transaction (disposal of shares for tax liability). |
| 01/03/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.