Shimmick (SHIM) CFO Buys 2,000 Shares; Weighted Avg Price $2.80
Rhea-AI Filing Summary
Todd Wilbur Yoder, Chief Financial Officer of Shimmick Corp (SHIM), reported an insider purchase of common stock. On 08/21/2025 he acquired a total of 2,000 shares at a weighted average price of $2.80 per share, resulting in 2,000 shares beneficially owned directly after the transaction. The Form 4 was signed by John Carpenter as power of attorney on 08/22/2025. The filing notes the shares were bought in multiple transactions at prices ranging from $2.79 to $2.81 and offers to provide breakdowns of individual trades upon request.
Positive
- Insider purchase disclosed: CFO acquired 2,000 shares, aligning with transparent insider reporting obligations
- Price-range transparency: Filing states trades occurred between $2.79 and $2.81 and provides weighted average price of $2.80
Negative
- Small transaction size: Acquisition of 2,000 shares is unlikely to be material to shareholders or corporate control
Insights
TL;DR: Insider acquisition of 2,000 shares at ~$2.80 is a small, routine purchase from a financial perspective.
The purchase is recorded as an acquisition (Code A) by the company CFO, showing direct ownership of 2,000 shares post-transaction. The transaction size and dollar value are modest and do not on their own indicate a material change to company capitalization or control. The filing’s disclosure that trades occurred across $2.79–$2.81 and the weighted average price enhances transparency for share-cost analysis.
TL;DR: Filing follows Section 16 reporting norms; executed via power of attorney and provides required price-range disclosure.
The Form 4 appropriately identifies the reporting person, role (CFO), transaction date, and post-transaction beneficial ownership. Use of a power of attorney with a dated signature complies with signature requirements. The explicit note about weighted-average pricing and availability of per-trade details supports regulators’ and investors’ ability to verify execution specifics.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 2,000 | $2.80 | $6K |
Footnotes (1)
- F1. The price reported in column 4 is a weighted average price. The shares were acquired in multiple transactions at prices ranging from $2.79 to $2.81, inclusive. Upon request by the SEC staff, the issuer, or any security holder of the issuer, full information regarding the number of shares purchased or sold at each separate price will be provided.
FAQ
What did Shimmick Corp (SHIM) insider Todd W. Yoder report on Form 4?
When was the Form 4 signed and who signed it?
Was the transaction coded as an acquisition or disposition?
AI-generated analysis. How Rhea-AI works. Not financial advice.