Xiao Jinsong, the Chief Executive Officer of Ultra Clean Holdings, Inc., has reported a recent stock transaction involving the acquisition of 19,188 shares of common stock. This transaction, filed with the SEC on October 2, 2026, is significant as it reflects ongoing management activities and potential shifts within the company.
Background
Ultra Clean Holdings, Inc. operates in the semiconductor and related devices sector. The company is incorporated in Delaware and has its headquarters in Hayward, California. It is publicly traded under the ticker symbol UCTT. According to recent filings, the company has been active in reporting ownership changes, with the latest filing being a Form 4 submitted on October 2, 2026.
What the Filing Says
The SEC filing indicates that Xiao Jinsong acquired 19,188 shares at a price of $81.06 per share on September 30, 2026. The filing states, "Represents shares automatically withheld for payment of tax liability arising as a result of the partial settlement of restricted stock unit awards that vested." Following this transaction, Jinsong holds a total of 129,935 shares in the company.
Impact
This transaction may affect various stakeholders, including investors and employees, as it reflects the CEO's confidence in the company's performance and future prospects. In an industry characterized by rapid changes and competition, such executive actions can influence market perceptions and employee morale.
What's Next
The filing does not say what happens next.