Ultra Clean (NASDAQ: UCTT) CFO receives 26,392-share stock award vesting over 3 years
Rhea-AI Filing Summary
Savage Sheri reported acquisition or exercise transactions in this Form 4 filing.
Ultra Clean Holdings, Inc. reported that its CFO, Sheri Savage, received a grant of 26,392 shares of Common Stock as a stock award. The shares were granted at no cash cost to her and are structured as restricted stock units.
These restricted stock units vest over 3 years, with equal portions vesting on each anniversary of the vesting commencement date of May 22, 2026. After this grant, Savage directly holds a total of 80,897 shares of the company’s common stock, reflecting her ongoing equity-based compensation.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 26,392 | $0.00 | -- |
Footnotes (1)
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Key Figures
Key Terms
Restricted stock units financial
vesting commencement date financial
Grant, award, or other acquisition financial
FAQ
What insider transaction did Ultra Clean Holdings (UCTT) report for CFO Sheri Savage?
CFO Sheri Savage received a stock award of 26,392 shares of Ultra Clean Holdings common stock. The award is structured as restricted stock units that form part of her equity compensation package and do not involve an open-market share purchase or sale.
What are the vesting terms of the restricted stock units granted to UCTT’s CFO?
The restricted stock units granted to CFO Sheri Savage vest over three years. Equal portions vest on each anniversary of the vesting commencement date of May 22, 2026, meaning the award becomes fully vested gradually rather than immediately.
How is the Form 4 transaction for UCTT’s CFO classified by the SEC code?
The transaction is coded "A", which denotes a grant, award, or other acquisition. It is further described as a grant/award acquisition of common stock, reinforcing that this is an equity compensation event rather than a discretionary purchase or sale.