Ultra Clean Holdings Announces Board and Executive Changes
Ticker: UCTT · Form: 8-K · Filed: Aug 7, 2025 · CIK: 1275014
| Field | Detail |
|---|---|
| Company | Ultra Clean Holdings, Inc. (UCTT) |
| Form Type | 8-K |
| Filed Date | Aug 7, 2025 |
| Risk Level | medium |
| Pages | 5 |
| Reading Time | 6 min |
| Key Dollar Amounts | $0.001, $710,000, $600,000, $2,000,000, $3,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: management-change, compensation
TL;DR
Board shakeup and comp plan updates at Ultra Clean Holdings.
AI Summary
Ultra Clean Holdings, Inc. announced on August 4, 2025, changes in its board of directors and executive compensation arrangements. Specifically, the company elected new directors and appointed new officers, alongside updates to their compensatory plans.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy, governance, and future performance.
Risk Assessment
Risk Level: medium — Changes in leadership and compensation can introduce uncertainty regarding future strategy and execution.
Key Players & Entities
- Ultra Clean Holdings, Inc. (company) — Registrant
- August 4, 2025 (date) — Date of earliest event reported
FAQ
Who are the newly elected directors and appointed officers?
The filing indicates the election of directors and appointment of officers but does not name them in the provided text.
What specific changes were made to the compensatory arrangements?
The filing states that there were updates to compensatory arrangements for certain officers, but the details are not specified in the provided text.
What is the effective date of these changes?
The earliest event reported is dated August 4, 2025.
What is the primary business of Ultra Clean Holdings, Inc.?
Ultra Clean Holdings, Inc. is in the Semiconductors & Related Devices industry, SIC code 3674.
Where is Ultra Clean Holdings, Inc. headquartered?
The company's principal executive offices are located at 26462 Corporate Avenue, Hayward, California 94545.
Filing Stats: 1,499 words · 6 min read · ~5 pages · Grade level 11.8 · Accepted 2025-08-07 06:13:59
Key Financial Figures
- $0.001 — ange on which registered Common Stock, $0.001 par value UCTT The Nasdaq Global Market
- $710,000 — o pay Mr. Xiao an annual base salary of $710,000, with an annual target bonus equal to 1
- $600,000 — one-time sign-on bonus in the amount of $600,000, and an initial equity grant consisting
- $2,000,000 — units of the Company ("RSUs") valued at $2,000,000; and (ii) 2025 annual equity grant valu
- $3,000,000 — (ii) 2025 annual equity grant valued at $3,000,000 (which value will be prorated based on
- $595,000 — Mr. Cook's salary shall be adjusted to $595,000 per year, and his target payout under t
- $1,700,000 — ed stock units of the Company valued at $1,700,000, which will vest over three years in th
Filing Documents
- uctt-20250804.htm (8-K) — 38KB
- a25-08x03ceoofferletterfin.htm (EX-10.1) — 24KB
- a25-08x04cboofferletterfin.htm (EX-10.2) — 14KB
- pressrelease-ceo.htm (EX-99.1) — 5KB
- pressrelease-cbo.htm (EX-99.2) — 6KB
- uctt-20250804_g1.jpg (GRAPHIC) — 200KB
- 0001628280-25-038545.txt ( ) — 653KB
- uctt-20250804.xsd (EX-101.SCH) — 2KB
- uctt-20250804_lab.xml (EX-101.LAB) — 21KB
- uctt-20250804_pre.xml (EX-101.PRE) — 12KB
- uctt-20250804_htm.xml (XML) — 3KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits Exhibit Exhibit Description 10.1* Offer Letter between the Company and James Xiao 10.2* Promotion Letter between the Company and Christopher S. Cook 99.1 Press Release dated August 6 , 2025 , annou n c i ng the appointmen t of James Xiao as Chief Executive Officer of th e Company 99.2 Press Release dated August 6, 2025, announcing the appointment of Chris Cook as Chief Business Officer of the Company *Filed herewith.
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. ULTRA CLEAN HOLDINGS, INC. Date: August 6, 2025 By: /s/ Paul Y. Cho Name: Paul Y. Cho Title: General Counsel and Corporate Secretary