Form 4: Ultra Clean Holdings Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Bill Bentinck, President of Services Business at Ultra Clean Holdings, sold shares to cover tax liabilities arising from the vesting of restricted stock units.
Summary
- On April 30, 2025, Bill Bentinck, President, Services Business at Ultra Clean Holdings, Inc., disposed of common stock to cover tax obligations.
- A total of 3,377 shares were disposed of at a price of $18.71 per share.
- Following the transaction, Bentinck directly owns 71,503 shares of Ultra Clean Holdings, Inc.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction (selling shares to cover taxes) and doesn't inherently indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders. These filings are closely watched by investors to gauge management's sentiment and confidence in the company's prospects.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine sale to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of transaction: shares disposed of to cover tax liability |
| 05/02/2025 | Date of signature on the Form 4 filing |
Keywords
Ultra Clean Holdings, UCTT, Bill Bentinck, stock sale, Form 4, tax liability, restricted stock units, insider trading
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.