Ultra Clean (UCTT) General Counsel has 5,501 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ultra Clean Holdings General Counsel Paul Yoonku Cho reported share dispositions that were purely to cover taxes on vested equity, not open‑market sales. On April 30, 2026, a total of 5,501 shares of common stock were automatically withheld at $78.15 per share to pay tax liabilities from the partial settlement of restricted stock unit awards that vested. Following these tax-withholding transactions, he continued to hold a direct equity stake in Ultra Clean Holdings as reflected by the post-transaction share balances reported for each line item.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Cho Paul Yoonku
Role
General Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 1,582 | $78.15 | $124K |
| Tax Withholding | Common Stock | 1,465 | $78.15 | $114K |
| Tax Withholding | Common Stock | 2,454 | $78.15 | $192K |
Holdings After Transaction:
Common Stock — 21,763 shares (Direct, null)
Footnotes (1)
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Key Figures
Tax-withheld shares total: 5,501 shares
First withholding lot: 2,454 shares
Second withholding lot: 1,465 shares
+2 more
5 metrics
Tax-withheld shares total
5,501 shares
Total shares withheld for tax liabilities on 2026-04-30
First withholding lot
2,454 shares
Common stock withheld for tax at $78.15 per share
Second withholding lot
1,465 shares
Common stock withheld for tax at $78.15 per share
Third withholding lot
1,582 shares
Common stock withheld for tax at $78.15 per share
Reference price per share
$78.15 per share
Price applied to all tax-withholding dispositions on 2026-04-30
Key Terms
restricted stock unit, tax liability, tax-withholding disposition, Form 4
4 terms
restricted stock unit financial
"arising as a result of the partial settlement of restricted stock unit awards that vested"
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
tax liability financial
"shares automatically withheld for payment of tax liability arising as a result"
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did UCTT General Counsel Paul Cho report?
Paul Yoonku Cho reported share dispositions used solely to cover tax liabilities. On April 30, 2026, Ultra Clean Holdings automatically withheld shares tied to vested restricted stock units, rather than executing open-market sales, as part of standard equity compensation tax handling.
What is Paul Cho’s role at Ultra Clean Holdings (UCTT)?
Paul Yoonku Cho serves as General Counsel and Secretary of Ultra Clean Holdings. His Form 4 filing reflects routine equity compensation-related tax withholding, a common practice for executives receiving restricted stock unit awards that vest and trigger taxable income.
Were Paul Cho’s UCTT transactions open-market sales of stock?
No, the transactions were tax-withholding dispositions coded as “F” on Form 4. Ultra Clean Holdings automatically withheld shares from vested restricted stock units to pay tax liabilities, meaning there were no open-market sales initiated by Paul Cho in these disclosures.