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

Jeffrey L. McKibben, Chief Information Officer of Ultra Clean Holdings, sold shares to cover tax liabilities arising from the vesting of restricted stock units.

Summary

• On April 30, 2025, Jeffrey L. McKibben, the Chief Information Officer of Ultra Clean Holdings, Inc., disposed of shares of common stock to cover tax obligations.
• A total of 3,251 shares were sold at a price of $18.71 per share.
• These transactions were automatically executed to cover tax liabilities resulting from the vesting of restricted stock units.
• Following these transactions, McKibben directly owns 28,290 shares of Ultra Clean Holdings, Inc.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing relates to routine stock sales for tax purposes, which is a common practice and doesn't necessarily reflect a positive or negative outlook on the company.

Industry Context

Executive stock sales are a common occurrence, often related to tax obligations arising from equity compensation. These transactions are closely monitored by investors for insights into management's perspective on the company's value and future prospects. However, sales to cover tax obligations are generally viewed as routine and not necessarily indicative of a negative outlook.

Stakeholder Impact

• The stock sale may have a minor impact on shareholders due to the increased supply of shares in the market, but the effect is likely to be minimal given the relatively small number of shares involved.

Key Dates

Keywords

Ultra Clean Holdings, UCTT, Jeffrey L. McKibben, Chief Information Officer, Form 4, Stock Sale, Restricted Stock Units, Tax Liabilities, Beneficial Ownership