Form 4: Ultra Clean Holdings SVP Jamie J. Palfrey Reports Tax-Related Stock Disposal

Jamie J. Palfrey, SVP of Global Human Resources at Ultra Clean Holdings, Inc., reported the disposal of 127 shares of common stock on March 31, 2024, to cover tax obligations arising from vested restricted stock units.

Summary

• On March 31, 2024, Jamie J. Palfrey, SVP of Global Human Resources at Ultra Clean Holdings, Inc., disposed of 127 shares of common stock.
• The transaction was executed to cover tax liabilities resulting from the vesting of restricted stock units.
• The shares were disposed of at a price of $45.94 per share.
• Following the transaction, Palfrey directly owns 20,843 shares of Ultra Clean Holdings, Inc.
• The transaction was reported on April 2, 2024.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to tax obligations, and does not indicate positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This particular filing relates to the standard practice of covering tax obligations through stock disposal upon the vesting of restricted stock units.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine transaction related to tax obligations.

Key Dates