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Ultra Clean names Bryan Dennis next accounting chief

The incoming chief accounting officer's compensation includes a $400,000 annual base salary, a 60% target cash bonus and an approximately $200,000 equity award.

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Form Type
8-K

Rhea-AI Filing Summary

Ultra Clean Holdings, Inc. appointed Bryan Dennis chief accounting officer effective November 13, 2026, succeeding Brian Harding, who will become senior vice president of finance on that date. Dennis will receive an annual base salary of $400,000, be eligible for an annual target cash bonus equal to 60% of base salary, and receive a promotion equity award with an approximate value of $200,000.

Jeffrey McKibben, chief information officer, notified the company of his intention to retire. He will remain in the role until a successor is appointed or an earlier date determined by the Board, then move to a non-officer role and provide transition services. The company has begun searching for a successor.

Filing Explained

The filing specifies that Bryan Dennis’s promotion equity award is 75% time-based restricted stock units and 25% performance-based stock units, vesting over three years under the company’s equity plan and award agreements.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, or exhibit attachments filed with this report.
Annual base salary $400,000 Bryan Dennis's compensation as chief accounting officer
Annual target cash bonus 60% of annual base salary Bryan Dennis's compensation eligibility
Promotion equity award approximately $200,000 Bryan Dennis's award value
Time-based restricted stock units 75% Share of Bryan Dennis's promotion equity award
Performance-based stock units 25% Share of Bryan Dennis's promotion equity award
Award vesting period three years Bryan Dennis's promotion equity award
annual target cash bonus financial
"eligible to receive an annual target cash bonus"
time-based restricted stock units financial
"75% in time-based restricted stock units"
Time-based restricted stock units are a form of employee compensation where individuals are granted company shares that are earned over a set period, often as a reward for staying with the company. These shares typically become fully owned and transferable only after passing specific time milestones, encouraging long-term commitment. For investors, they highlight a company's focus on employee retention and can influence future stock supply and company stability.
performance-based stock units financial
"25% in performance-based stock units"
Performance-based stock units are company promises to deliver shares or cash to employees or executives only if the business hits specific financial or operational goals over a set period. Like a bonus that only pays out when certain milestones are reached, they link pay to company performance and matter to investors because they can dilute the share count, affect reported earnings when they vest, and signal how management is being incentivized.
Change in Control Severance Agreement financial
"existing Change in Control Severance Agreement applicable to executive officers"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What are the terms of UCTT's promotion equity award for Bryan Dennis?

Bryan Dennis's promotion equity award has an approximate value of $200,000, with 75% in time-based restricted stock units and 25% in performance-based stock units. The award vests over three years under the applicable equity incentive plan and award agreements.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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false 0001275014 0001275014 2026-11-09 2026-11-09 iso4217:USD xbrli:shares iso4217:USD xbrli:shares

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): November 9, 2026

 

 

UCT Logo.jpg

 

Ultra Clean Holdings, Inc.

(Exact name of Registrant as Specified in Its Charter)

 

Delaware 000-50646 61-1430858

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

 

 

26462 Corporate Avenue  

Hayward, California

  94545
(Address of Principal Executive Offices)   (Zip Code)

 

Registrant’s Telephone Number, Including Area Code: 510 576-4400

 

N/A

(Former Name or Former Address, if Changed Since Last Report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

 

Trading

Symbol(s)

 

Name of each exchange on which registered

 

Common Stock, $0.001 par value   UCTT   The Nasdaq Global Select Market

 

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

Chief Accounting Officer Transition

 

On November 9, 2026, Brian Harding, Senior Vice President and Chief Accounting Officer of Ultra Clean Holdings, Inc. (the “Company”), was appointed to serve as the Company’s Senior Vice President, Finance, effective November 13, 2026 (the “Effective Date”), where he will lead the Company’s global financial planning and analysis, finance operations, finance strategy and strategic financial decision support. In addition, Mr. Harding will lead initiatives to advance the Company’s finance capabilities through the expansion of artificial intelligence, data analytics, technology modernization and organizational innovation. In connection with this transition, Mr. Harding will no longer serve as the Company’s Chief Accounting Officer.

 

On November 9, 2026, the Board of Directors (the “Board”) of the Company appointed Bryan Dennis to succeed Mr. Harding as the Company’s Chief Accounting Officer, effective as of the Effective Date. Mr. Dennis, age 44, has served as the Company’s Senior Vice President, Finance, Corporate Controller and Treasurer since September 2022. Before joining the Company, Mr. Dennis served as Vice President and Corporate Controller at Wind River Systems from June 2019 to September 2022. Earlier in his career, Mr. Dennis served in accounting and financial reporting leadership positions at SIG Combibloc, Jive Software and Tripwire, and as a Senior Manager at KPMG. Mr. Dennis holds a bachelor’s degree in business administration from the University of Portland and is an active certified public accountant in Oregon.

 

In connection with his appointment, Mr. Dennis will receive an annual base salary of $400,000 and will be eligible to receive an annual target cash bonus equal to 60% of his annual base salary. Mr. Dennis will also receive a grant of a promotion equity award with an approximate value of $200,000 (75% in time-based restricted stock units and 25% in performance-based stock units), vesting over three (3) years in accordance with the terms and conditions of the Company’s applicable equity incentive plan and award agreements. Mr. Dennis will be eligible to participate in the Company’s policy on Severance Benefits for Executive Officers and will be subject to the Company’s existing Change in Control Severance Agreement applicable to executive officers, in each case in accordance with its terms.

 

There are no family relationships between Mr. Dennis and any director or executive officer of the Company, and Mr. Dennis is not a party to any transaction requiring disclosure under Item 404(a) of Regulation S-K.

 

Chief Information Officer Retirement

 

On November 9, 2026, Jeffrey McKibben, Chief Information Officer of the Company, notified the Company of his intention to retire from the Company. Mr. McKibben will continue to serve as Chief Information Officer until a successor is appointed or such earlier date as determined by the Board. At that time, Mr. McKibben will move to a non-officer role with the Company and provide transition services to support an orderly handover of his responsibilities. The Company has commenced a search for his successor.

 

 

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit Number

Description

104 Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

 

      ULTRA CLEAN HOLDINGS, INC.
       
Date: November 10, 2026 By: /s/ Paul Y. Cho
     

Name: Paul Y. Cho

Title: General Counsel and Corporate Secretary

 

 

Filing Exhibits & Attachments

3 documents

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