Form 4: Ultra Clean Holdings Interim CEO Granted Equity, Boosting Stake

Clarence L. Granger, Interim CEO and Director of Ultra Clean Holdings, Inc., was granted 8,198 shares of common stock, increasing his direct beneficial ownership to 131,755 shares.

Summary

• Clarence L. Granger, serving as both Director and Interim CEO of Ultra Clean Holdings, Inc. (UCTT), acquired 8,198 shares of common stock.
• The transaction occurred on May 21, 2025, and the shares were acquired at a price of $0, indicating a grant, likely of Restricted Stock Units (RSUs).
• Following this acquisition, Mr. Granger's direct beneficial ownership in Ultra Clean Holdings, Inc. increased to 131,755 shares.
• Additionally, he indirectly beneficially owns 1,000 shares through a Trust.
• The granted restricted stock units are set to vest 100% on the earlier of the day before the next annual stockholder meeting or one year from the date of grant.

Sentiment

Score: 6

Explanation: The grant of equity to an interim CEO is generally a positive signal of alignment and commitment, but it's a routine compensation event rather than a significant operational or financial announcement.

Positives

• The grant of 8,198 shares to the Interim CEO and Director, Clarence L. Granger, aligns management's interests with those of shareholders.
• The increase in direct beneficial ownership by a key executive demonstrates continued commitment to the company's performance.

Future Outlook

The vesting schedule for the granted restricted stock units indicates a future milestone, with full vesting occurring on the earlier of the day before the next annual stockholder meeting or one year from the grant date.

Industry Context

This filing is a routine insider transaction report, common across all industries, reflecting equity compensation practices for executives and directors. It does not provide specific industry-related insights beyond the company's name (Ultra Clean Holdings, Inc.).

Stakeholder Impact

• Shareholders: Increased alignment of management's interests with shareholder value due to equity compensation.

Next Steps

• Vesting of the 8,198 restricted stock units will occur on the earlier of the day before the next annual stockholder meeting or one year from the grant date (May 21, 2025).

Key Dates

Keywords

Ultra Clean Holdings, UCTT, SEC Form 4, Insider Trading, Stock Grant, Restricted Stock Units, Clarence L. Granger, CEO, Director, Equity Compensation