Ultra Clean’s Chief Human Resources Officer Sold 8,691 Company Shares.
Here’s What That Means for Investors
Jamie J. Palfrey, Senior VP and Chief Human Resources Officer at Ultra Clean Holdings (NASDAQ:UCTT), reported the sale of 8,691 shares of common stock in an open-market transaction valued at approximately $693,000, according to a SEC Form 4 filing. Transaction summary Transaction and post-transaction values based on SEC Form 4 reported price ($79.72).
Key questions – How material was this sale relative to Palfrey’s position? The transaction reduced Palfrey’s direct holdings by 34.57%, marking one of the larger proportional sales in the past two years and leaving 16,446 shares directly owned. – Is there evidence of indirect or derivative holdings impacting this transaction? No; all shares were held directly, with no reported indirect ownership (such as trusts or LLCs) or involvement of derivative securities in this filing. – How does the trade size compare to Palfrey’s historical activity?