President Sells Nearly $900K in Ultra Clean Holdings Stock
summarizeSummary
Christopher S. Cook, President of Ultra Clean Holdings' Products Division, sold approximately $896,415 worth of company stock in an open market transaction.
check_boxKey Events
-
Executive Stock Sale
Christopher S. Cook, President of the Products Division, disposed of 11,903 shares in an open market sale for a total of $896,414.93 at an average price of $75.31 per share on April 30, 2026. This transaction occurred when the stock was trading higher than today's price of $72.50.
-
Routine Tax Withholding
Additionally, Mr. Cook disposed of 9,207 shares valued at $719,527.05 through mandatory tax withholdings related to vested restricted stock unit awards.
auto_awesomeAnalysis
This significant open market sale by Christopher S. Cook, President of the Products Division, could be interpreted negatively by investors. The transaction follows recent mixed financial results (Q1 revenue beat but wider net loss) and the announcement of the CFO's retirement. While the sale represents a small percentage of the company's overall market capitalization, the substantial dollar amount involved from a high-ranking insider warrants attention.
At the time of this filing, UCTT was trading at $72.50 on NASDAQ in the Manufacturing sector, with a market capitalization of approximately $3.3B. The 52-week trading range was $18.52 to $84.43. This filing was assessed with negative market sentiment and an importance score of 7 out of 10.