Form 4: Ultra Clean Holdings Executive Sells Shares

Ultra Clean Holdings Chief Information Officer, Jeffrey L. McKibben, sold 3,422 shares of common stock at a price of $38.2 per share on November 7, 2024.

Summary

• Jeffrey L. McKibben, the Chief Information Officer of Ultra Clean Holdings, Inc., sold 3,422 shares of the company's common stock.
• The sale occurred on November 7, 2024, at a price of $38.2 per share.
• Following the transaction, McKibben directly owns 18,805 shares of Ultra Clean Holdings common stock.

Sentiment

Score: 5

Explanation: This is a neutral event, a routine disclosure of an insider stock sale. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine SEC Form 4 filing, which is common when company insiders trade shares. It provides transparency into the transactions of company executives.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The sale by McKibben is not unusual and is similar to other executive stock sales in the technology sector.

Stakeholder Impact

• The sale may have a minor impact on shareholder sentiment, but it is a routine transaction.

Key Dates

Keywords

Ultra Clean Holdings, UCTT, stock sale, insider trading, executive, Jeffrey L. McKibben, Chief Information Officer