Form 4: Ultra Clean Holdings GC Reports Tax-Related Share Sale

General Counsel Paul Yoonku Cho disposed of 5,501 shares of Ultra Clean Holdings to satisfy tax obligations related to RSU vesting.

Summary

• Paul Yoonku Cho, General Counsel and Secretary of Ultra Clean Holdings, Inc. (UCTT), reported the disposition of 5,501 shares of common stock.
• The transactions occurred on April 30, 2026, at a price of $78.15 per share.
• The shares were withheld by the company to cover tax liabilities associated with the vesting of restricted stock units (RSUs).
• Following these transactions, the reporting person retains beneficial ownership of 17,844 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the transaction is purely administrative and related to tax compliance rather than a discretionary change in investment position.

Positives

• The transaction was a routine administrative action related to tax withholding upon the vesting of equity awards, rather than a discretionary market sale.

Negatives

• The transaction results in a reduction of the executive's direct equity stake in the company.

Risks

• None identified; this is a standard regulatory disclosure for executive tax compliance.

Future Outlook

No forward-looking guidance or strategic outlook provided in this filing.

Management Comments

• The filing notes that the shares were automatically withheld for payment of tax liability arising from the partial settlement of restricted stock unit awards that vested.

Industry Context

StockSavvy.ai notes that routine tax-related share withholdings by executives are standard industry practice and do not typically signal a change in management sentiment regarding company performance.

Comparison to Industry Standards

• The disclosure follows standard SEC Section 16(a) reporting requirements for equity compensation management.
• The practice of 'sell-to-cover' or automatic withholding for tax liabilities is consistent with governance practices at peer semiconductor equipment manufacturers.

Stakeholder Impact

• Minimal impact on shareholders as the transaction is a standard tax-related equity settlement.

Next Steps

• None indicated.

Key Dates

Keywords

Ultra Clean Holdings, UCTT, Form 4, Insider Trading, Equity Compensation, Tax Withholding