Form 4: Ultra Clean Holdings Executive Sells Shares
SEC Form 4 Filing
Paul Yoonku Cho, General Counsel and Secretary of Ultra Clean Holdings, Inc., sold 3,449 shares of common stock at an average price of $44.7915 on May 17, 2024.
Summary
- On May 17, 2024, Paul Yoonku Cho, the General Counsel and Secretary of Ultra Clean Holdings, Inc. (UCTT), sold 3,449 shares of the company's common stock.
- The sale was executed at a weighted average price of $44.7915 per share.
- The prices for individual transactions ranged from $44.7900 to $44.8400.
- Following the reported transaction, Cho directly owns 17,166 shares of Ultra Clean Holdings, Inc.
- The transaction was reported on a Form 4 filing with the Securities and Exchange Commission.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive. It doesn't inherently convey positive or negative sentiment about the company's performance or future prospects.
Industry Context
Executive stock sales are a common occurrence and are publicly disclosed to ensure transparency. The sale itself doesn't necessarily indicate a negative outlook for the company, as executives may sell shares for various personal financial reasons.
Stakeholder Impact
- The stock sale by an executive may have a minor impact on shareholder sentiment, but is unlikely to have a significant impact on other stakeholders.
Key Dates
| Date | Description |
|---|---|
| 05/17/2024 | Date of the stock sale transaction. |
| 05/21/2024 | Date of the Form 4 filing. |
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