Form 4: Ultra Clean Holdings Executive Reports Stock Transactions
SEC Form 4 Filing
Paul Yoonku Cho, General Counsel and Secretary of Ultra Clean Holdings, reports acquisition and disposal of common stock on March 31, 2024, due to performance stock unit settlement and tax liability.
Summary
- On March 31, 2024, Paul Yoonku Cho, General Counsel and Secretary of Ultra Clean Holdings, engaged in transactions involving the company's common stock.
- Cho acquired 363 shares of common stock upon the settlement of performance stock units at a price of $0.
- Additionally, Cho disposed of 183 shares at $45.94 and 173 shares at $45.94 to cover tax liabilities arising from the vesting of restricted stock units.
- Following these transactions, Cho directly owns 15,154 shares of Ultra Clean Holdings common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing stock transactions by an executive, with no inherent positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their trading activities in the company's stock.
Stakeholder Impact
- The transactions have a minimal direct impact on stakeholders, as they are related to executive compensation and tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of stock transactions: acquisition of 363 shares and disposal of 183 and 173 shares. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
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