Form 4: Ultra Clean Holdings Executive Sells Shares to Cover Tax Obligations
SEC Form 4 Filing
Christopher S. Cook, President of Products Division at Ultra Clean Holdings, sold shares to cover tax liabilities arising from the vesting of restricted stock units.
Summary
- On April 30, 2025, Christopher S. Cook, President of Products Division at Ultra Clean Holdings, Inc., disposed of shares of common stock to cover tax obligations.
- The transactions involved the withholding of shares to satisfy tax liabilities resulting from the vesting of restricted stock units.
- A total of 1,855 shares were disposed of at a price of $18.71.
- An additional 2,225 shares were disposed of at a price of $18.71.
- Another 2,550 shares were disposed of at a price of $18.71.
- Following these transactions, Cook directly owns 56,329 shares of common stock and indirectly owns 4,100 shares through a trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as the filing reflects routine transactions related to tax obligations and does not indicate a change in the company's fundamentals.
Industry Context
This is a routine transaction related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transactions are unlikely to have a significant impact on stakeholders as they are related to routine tax obligations of an executive.
Key Dates
| Date | Description |
|---|---|
| 04/30/2025 | Date of stock disposal for tax liability. |
| 05/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Ultra Clean Holdings, UCTT, Christopher S. Cook, Form 4, SEC Filing, Insider Trading, Stock Sale, Restricted Stock Units, Tax Liability
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