Form 4: Ultra Clean Holdings Executive Reports Stock Transactions

Bill Bentinck, President of Services Business at Ultra Clean Holdings, reports acquisition and disposal of company stock on March 31, 2024.

Summary

• Bill Bentinck, President, Services Business at Ultra Clean Holdings, filed a Form 4 on April 02, 2024.
• On March 31, 2024, Bentinck acquired 552 shares of common stock upon settlement of performance stock units.
• Also on March 31, 2024, 196 shares were disposed of to cover tax liabilities related to the vesting of restricted stock units at a price of $45.94.
• Following these transactions, Bentinck beneficially owns 51,553 shares of Ultra Clean Holdings stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The transactions are routine and don't indicate a strong positive or negative outlook. The acquisition of shares through performance units is mildly positive, offset by the tax-related disposal.

Positives

• The acquisition of shares through performance stock units settlement suggests confidence in the company's performance.

Negatives

• The disposal of shares to cover tax liabilities, while routine, slightly reduces Bentinck's holdings.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding insider activity.

Key Dates