Brian E Harding

Chief Accounting Officer sells 16,988 shares ($1.5M) on single day via 22 transactions under 10b5-1 plan

Brian E Harding, Chief Accounting Officer at Ultra Clean Holdings, executed 22 separate sales totaling 16,988 shares for $1,519,891.98 on 2026-06-04 at prices ranging from $85.86 to $91.65, reducing his holdings by 37.7% from 45,043 to 28,055 shares. This transaction was scheduled under a pre-arranged 10b5-1 trading plan, meaning it was automatic and not a discretionary decision. The company is currently unprofitable with net income of $-17,900,000.00 on revenue of $533,700,000.00, and has experienced annual revenue decline of -2.1%, though the stock has appreciated 49.2% over the past 90 days from its earlier 52-week lows. The mechanical nature of the sale under a 10b5-1 plan removes any timing signal, but investors should note the context: a significant reduction in CAO holdings during a period of corporate unprofitability.

Chief Accounting Officer buys 4,000 shares at $24.00; stock at $35.45 (-36.9% from 52-week high); 4 other insiders also bought in past 14 days

Brian E. Harding, Chief Accounting Officer, purchased 4,000 shares at $24.00, increasing his holdings to 38,212 shares (+11.7%). The transaction occurs as UCTT trades 36.9% below its 52-week high and down 9.8% over 90 days. Most notably, this buy is part of a cluster pattern with 4 other insiders also purchasing within the past 14 days, suggesting coordinated board-level or executive conviction during a period of price weakness. However, fundamental headwinds are present: the company reported net income of -$2.3M in the latest quarter despite 20.9% annual revenue growth, and the P/E of 27.48 remains elevated against that recent loss. The cluster buying activity warrants tracking whether it reflects confidence in a turnaround or is driven by other factors such as equity compensation timing.