Form 4: Ultra Clean Holdings Insider Tax Withholding Transaction
Statement of Changes in Beneficial Ownership
SVP of Global Human Resources Jamie J. Palfrey reported the automatic withholding of 5,328 shares to cover tax liabilities.
Summary
- Jamie J. Palfrey, SVP of Global Human Resources at Ultra Clean Holdings, Inc. (UCTT), executed a transaction on April 30, 2026.
- A total of 5,328 shares of common stock were withheld by the company to satisfy tax obligations related to the vesting of restricted stock units.
- The shares were withheld at a price of $78.15 per share.
- Following these transactions, the reporting person maintains a direct beneficial ownership of 25,137 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as it represents a mandatory tax compliance action rather than a strategic shift or market-driven trade.
Positives
- The transaction was a routine administrative action related to tax obligations upon the vesting of equity awards, rather than a discretionary open-market sale.
Negatives
- The transaction resulted in a reduction of the reporting person's direct equity stake in the company.
Risks
- None identified; this is a standard regulatory disclosure for tax withholding.
Future Outlook
Not applicable as this is a retrospective disclosure of an insider transaction.
Industry Context
StockSavvy.ai notes that automatic tax withholding transactions are standard practice for corporate executives in the semiconductor equipment industry and do not typically signal a change in management sentiment regarding company performance.
Comparison to Industry Standards
- The transaction aligns with standard corporate governance practices for equity compensation management among publicly traded technology firms.
Stakeholder Impact
- Minimal impact on shareholders as the transaction is a routine tax settlement.
Next Steps
- None
Key Dates
| Date | Description |
|---|---|
| 04/30/2026 | Date of the transaction involving the withholding of shares for tax purposes. |
| 05/04/2026 | Date the Form 4 was signed and filed with the SEC. |
Keywords
UCTT, Ultra Clean Holdings, Form 4, Insider Trading, Tax Withholding, Equity Compensation
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