Form 4: Ultra Clean Holdings Executive Sells Shares to Cover Tax Obligations

Paul Yoonku Cho, General Counsel and Secretary of Ultra Clean Holdings, sold shares to cover tax liabilities arising from the vesting of restricted stock units.

Summary

• On April 30, 2025, Paul Yoonku Cho, the General Counsel and Secretary of Ultra Clean Holdings, Inc., disposed of shares of common stock to cover tax liabilities.
• The sales were executed automatically as a result of the partial settlement of restricted stock unit awards that vested.
• A total of 4,036 shares were disposed of at a price of $18.71 per share.
• Following these transactions, Cho directly owns 27,429 shares of Ultra Clean Holdings, Inc. common stock.

Sentiment

Score: 5

Explanation: The document reflects a routine transaction (selling shares to cover taxes on vested stock). It doesn't indicate positive or negative sentiment towards the company's prospects.

Industry Context

Sales of shares to cover tax obligations upon vesting of restricted stock units are a common practice among corporate executives and are generally viewed as routine.

Stakeholder Impact

• The sale of shares by an executive could have a minor, short-term impact on shareholder sentiment, but is unlikely to have a significant long-term effect.

Key Dates

Keywords

Ultra Clean Holdings, UCTT, Paul Yoonku Cho, Form 4, SEC Filing, Insider Trading, Stock Sale, Restricted Stock Units, Tax Liability