secwatch / observer

Ultra Clean Holdings, Inc. — fact timeline

Source-grounded facts extracted from Ultra Clean Holdings, Inc.'s SEC 8-K filings across all families, newest first. Each cites a verbatim SEC excerpt.

UCTT Ultra Clean Holdings, Inc. JSON

Michael Keogh was appointed as Chief Financial Officer at Ultra Clean Holdings, Inc..

“On July 8, 2026, Ultra Clean Holdings, Inc. (the “Company”) announced that Michael Keogh will become the Company’s next Chief Financial Officer, effective August 5, 2026.”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Approval of the amendment and restatement of the Company’s employee stock purchase plan to increase the number of shares available for issuance under the ESPP by an additional 450,000 shares at the 2026-05-22 meeting.

“Proposal 5 Approval of the amendment and restatement of the Company’s employee stock purchase plan (the “ESPP”) to increase the number of shares available for issuance under the ESPP by an additional 450,000 shares. For Against Abstain Broker Non-Votes 35,885,605 23,182 108,830 4,399,277”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Approval of the amendment and restatement of the Company’s stock incentive plan to increase the number of shares available for issuance under the Plan by an additional 3,500,000 shares at the 2026-05-22 meeting.

“Proposal 4 Approval of the amendment and restatement of the Company’s stock incentive plan (the “Plan”) to increase the number of shares available for issuance under the Plan by an additional 3,500,000 shares. For Against Abstain Broker Non-Votes 34,373,240 1,526,066 118,311 4,399,277”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Approval, by non-binding advisory vote, of the compensation paid by the Company to its Named Executive Officers at the 2026-05-22 meeting.

“Proposal 3 Approval, by non-binding advisory vote, of the compensation paid by the Company to its Named Executive Officers. For Against Abstain Broker Non-Votes 35,100,113 773,047 144,457 4,399,277”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Ratification of the appointment of PricewaterhouseCoopers LLP to serve as the Company’s independent registered public accounting firm for fiscal 2026 at the 2026-05-22 meeting.

“Proposal 2 Ratification of the appointment of PricewaterhouseCoopers LLP to serve as the Company’s independent registered public accounting firm for fiscal 2026. For Against Abstain 40,130,181 183,200 103,513”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Election of directors for a one-year term at the 2026-05-22 meeting.

“Proposal 1 Election of directors for a one-year term. Director For Against Abstain Broker Non-Votes Thomas T. Edman 35,583,689 420,800 13,128 4,399,277 James Xiao 35,497,518 506,734 13,365 4,399,277 Clarence L. Granger 35,515,152 489,995 12,470 4,399,277 David T. ibnAle 33,590,773 2,413,324 13,520 4,399,277 Emily M. Liggett 33,594,708 2,411,196 11,713 4,399,277 Ernest E. Maddock 35,812,702 193,074 11,841 4,399,277 Jacqueline A. Seto 35,604,277 401,727 11,613 4,399,277 Joanne Solomon 35,883,333 123,624 10,660 4,399,277”
Earnings Releases

Ultra Clean Holdings, Inc. reported the first quarter ended March 27, 2026 results: revenue $533.7 million, net income net loss was $(17.9) million or $(0.40) per diluted share, EPS $(0.40) per diluted share. Guidance initiated.

“driving efficiencies across our global footprint positions us well to deliver sustained growth over the long-term.” First Quarter 2026 GAAP Financial Results Total revenue was $533.7 million. Products contributed $465.7 million and Services added $68.0 million. Total gross margin was 15.8%, operating margin was 2.1%, and net loss was $(17.9) million or $(0.40) per”

Sheri Savage departed as Chief Financial Officer at Ultra Clean Holdings, Inc..

“On April 28, 2026, Ultra Clean Holdings, Inc. (the “Company”) announced that Sheri Savage, the Company’s Chief Financial Officer, notified the Company of her intention to retire from the Company.”
Debt Financings

Ultra Clean Holdings, Inc. amended revolving credit of aggregate principal amount of $250 million with Barclays Bank PLC at Term SOFR plus applicable margin based on Consolidated Secured Net Leverage Rati maturing April 23, 2031.

“On April 23, 2026, Ultra Clean Holdings, Inc. (the "Company") and the other parties thereto entered into that certain Tenth Amendment (the "Amendment") to its Credit Agreement originally dated as of August 27, 2018 (as amended by the Amendment, the "Credit Agreement"), among the Company, as parent borrower, Barclays Bank PLC, as administrative agent, and the revolving lenders and other parties thereto. Among other things, the Amendment provided for refinancing revolving credit commitments in an aggregate principal amount of $250 million and extended the maturity of the revolving credit facility to April 23, 2031.”
Material Agreements

Ultra Clean Holdings, Inc. amended Tenth Amendment with Barclays Bank PLC, as administrative agent, and the revolving lenders and other parties thereto valued at $250 million (effective 2026-04-23).

“On April 23, 2026, Ultra Clean Holdings, Inc. (the “Company“) and the other parties thereto entered into that certain Tenth Amendment (the “Amendment“) to its Credit Agreement originally dated as of August 27, 2018 (as amended by the Amendment, the “Credit Agreement“), among the Company, as parent borrower, Barclays Bank PLC, as administrative agent, and the revolving lenders and other parties thereto.”
Equity Issuances

Ultra Clean Holdings, Inc. issued convertible note to initial purchasers for an additional $75,000,000 principal amount of Notes.

“On March 3, 2026, Ultra Clean Holdings, Inc. (the “ Company ”) issued $600,000,000 principal amount of its 0.00% Convertible Senior Notes due 2031 (the “ Notes ”).”
Debt Financings

Ultra Clean Holdings, Inc. incurred senior notes of $600,000,000 principal amount with U.S. Bank Trust Company, National Association, as trustee at 0.00% maturing March 15, 2031.

“On March 3, 2026, Ultra Clean Holdings, Inc. (the " Company ") issued $600,000,000 principal amount of its 0.00% Convertible Senior Notes due 2031”
Material Agreements

Ultra Clean Holdings, Inc. entered into Indenture with U.S. Bank Trust Company, National Association valued at $600,000,000 principal amount (effective 2026-03-03).

“On March 3, 2026, Ultra Clean Holdings, Inc. (the “ Company ”) issued $600,000,000 principal amount of its 0.00% Convertible Senior Notes due 2031 (the “ Notes ”). The Notes were issued pursuant to, and are governed by, an indenture (the “ Indenture ”), dated as of March 3, 2026, between the Company and U.S. Bank Trust Company, National Association, as trustee (the “ Trustee ”).”

Clarence L. Granger was appointed as interim Chief Executive Officer at Ultra Clean Holdings, Inc..

“and that Clarence L. Granger, the Chairman of the Board, will become the Company’s interim Chief Executive Officer on the effective date of Mr. Scholhamer’s resignation”

James P. Scholhamer resigned as Chief Executive Officer at Ultra Clean Holdings, Inc..

“On March 5, 2025, Ultra Clean Holdings, Inc. (the “Company”) issued a press release announcing that James P. Scholhamer has resigned, effective March 4, 2025, as the Company’s Chief Executive Officer and as a member of the Company’s Board of Directors”

Joanne Solomon was appointed as member of the Board at Ultra Clean Holdings, Inc..

“On January 29, 2025, the Board of Directors (the “Board”) of Ultra Clean Holdings, Inc. (the “Company”) appointed Joanne Solomon to serve as a member of the Board of the Company, effective February 3, 2025.”

Harjinder Bajwa was appointed as Chief Operating Officer at Ultra Clean Holdings, Inc..

“appointed Harjinder Bajwa as the Company's Chief Operating Officer, effective June 10, 2024.”
Earnings Releases

Ultra Clean Holdings, Inc. reported the first quarter ended March 29, 2024 results: revenue $477.7 million, net income $(9.4) million, EPS $(0.21) per diluted share.

“"While not a clear sign of a broader industry recovery right now, we anticipate these areas remaining strong.” First Quarter 2024 GAAP Financial Results Total revenue was $477.7 million. Products contributed $418.5 million and Services added $59.2 million. Total gross margin was 17.3%, operating margin was 3.6%, and net loss was $(9.4) million or $(0.21) per”
Debt Financings

Ultra Clean Holdings, Inc. amended credit facility with Barclays Bank PLC, HSBC Securities (USA) Inc., Sumitomo Mitsui Banking Corporation at reduce the interest rate applicable to the term loan facility under the Credit A maturing extend the final maturity date of the term loan and revolving credit facilities under the Credit Agreement by 30 months.

“extend the final maturity date of the term loan and revolving credit facilities under the Credit Agreement by 30 months and (ii) reduce the interest rate applicable to the term loan facility under the Credit Agreement by 0.25% per annum.”
Auditor Changes

Ultra Clean Holdings, Inc. engaged PricewaterhouseCoopers LLP as its auditor.

“the Audit Committee approved the appointment of PricewaterhouseCoopers LLP (“PwC”) to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 27, 2024”
Auditor Changes

Moss Adams LLP resigned as auditor of Ultra Clean Holdings, Inc..

“On March 6, 2024, (i) Moss Adams informed the Audit Committee that it was resigning as the Company’s independent registered public accounting firm”
Earnings Releases

Ultra Clean Holdings, Inc. updated its first quarter of 2024 guidance (initiated).

“The Company expects revenue in the range of $430.0 million to $480.0 million. The Company expects GAAP diluted net loss per share to be between $(0.25) and $(0.05) and non-GAAP diluted net income per share to be between $0.03 and $0.23.”
Earnings Releases

Ultra Clean Holdings, Inc. reported fiscal year ended December 29, 2023 results: revenue $1,734.5 million, net income $(31.1) million, EPS $(0.70) per diluted share.

“of 15.5%, operating margin of 4.4%, and net income of $2.0 million or $0.04 per diluted share in the prior quarter. Full Year 2023 GAAP Financial Results Total revenue was $1,734.5 million. Products contributed $1,501.6 million and Services added $232.9 million. Total gross margin was 16.0%, operating margin was 2.0%, and net loss was $(31.1) million or $(0.70) per”
Earnings Releases

Ultra Clean Holdings, Inc. reported fourth quarter ended December 29, 2023 results: revenue $444.8 million, net income $(3.8) million, EPS $(0.08) per diluted share.

“in debt, spend $29 million re-purchasing shares, and complete the strategic acquisition of HIS Innovations Group.” Fourth Quarter 2023 GAAP Financial Results Total revenue was $444.8 million. Products contributed $389.7 million and Services added $55.1 million. Total gross margin was 16.0%, operating margin was 1.0%, and net loss was $(3.8) million or $(0.08) per”

Vijayan Chinnasami departed as Chief Operating Officer at Ultra Clean Holdings, Inc..

“On October 30, 2023, it was decided that Vijayan Chinnasami, the Chief Operating Officer of Ultra Clean Holdings, Inc. (the “Company”), will be leaving the Company effective December 31, 2023.”
Material Agreements

Ultra Clean Holdings, Inc. entered into Stock Purchase Agreement with Hoffman Instrumentation Supply, Inc. d/b/a HIS Innovations Group valued at $50.0 million in upfront cash consideration (effective 2023-10-25).

“On October 25, 2023, Ultra Clean Holdings, Inc. (“UCT”) entered into a stock purchase agreement (the “Stock Purchase Agreement”) by and among UCT, Hoffman Instrumentation Supply, Inc. d/b/a HIS Innovations Group, an Oregon corporation (“HIS”), the stockholders of HIS and LVL3 Instrumentation LLC, an Oregon limited liability company, solely in its capacity as representative of the equity holders of HIS.”
Earnings Releases

Ultra Clean Holdings, Inc. updated its the third quarter ended September 29, 2023 guidance (reaffirmed).

“Ultra Clean Holdings, Inc. (“UCT,” the “Company” or “We”) issued a press release announcing its financial results for its third fiscal quarter ended September 29, 2023.”
Material Agreements

Ultra Clean Holdings, Inc. amended Fifth Amendment with Barclays Bank PLC, as administrative agent, and the revolving lenders party thereto (effective 2023-07-27).

“On July 27, 2023, Ultra Clean Holdings, Inc. (the “Company”), Barclays Bank PLC, as administrative agent, and the revolving lenders party thereto, entered into that certain Fifth Amendment dated as of July 27, 2023 (the “Fifth Amendment”) to the Credit Agreement dated as of August 27, 2018 (as amended as of October 1, 2018, March 31, 2021, August 19, 2022 and June 29, 2023 (the “Existing Credit Agreement”), and the Existing Credit Agreement as further amended by the Fifth Amendment, the “Credit Agreement”).”
Earnings Releases

Ultra Clean Holdings, Inc. reported second quarter ended June 30, 2023 results: revenue $421.5 million, net income $(9.4) million, EPS $(0.21) per diluted share. Guidance initiated.

“Total revenue was $421.5 million. Products contributed $362.5 million and Services added $59.0 million. Total gross margin was 16.2%, operating margin was 3.0%, and net loss was $(9.4) million or $(0.21) per diluted share.”
Material Agreements

Ultra Clean Holdings, Inc. amended Fourth Amendment to Credit Agreement with Barclays Bank PLC valued at Replace LIBOR with Term SOFR under the Credit Agreement (effective 2023-06-29).

“On June 29, 2023, Ultra Clean Holdings, Inc. (the “Company”) and Barclays Bank PLC, entered into that certain Fourth Amendment dated as of June 29, 2023 (the “Fourth Amendment”) to the Credit Agreement dated as of August 27, 2018 and amended as of October 1, 2018, March 31, 2021 and August 19, 2022 (the “Existing Credit Agreement” and, as amended by the Fourth Amendment, the “Credit Agreement”) to replace the LIBOR-based reference interest rate option with a reference interest option based upon Term SOFR under the Credit Agreement.”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Approval of the amendment and restatement of the Company’s employee stock purchase plan (the “ESPP”) to increase the number of shares available for issuance under the ESPP by an additional 500,000 shares and to extend the term of the ESPP to 2044 at the 2023-05-17 meeting.

“Proposal 6 Approval of the amendment and restatement of the Company’s employee stock purchase plan (the “ESPP”) to increase the number of shares available for issuance under the ESPP by an additional 500,000 shares and to extend the term of the ESPP to 2044. For  Against  Abstain  Broker Non-Votes 37,702,838 89,854 42,406 3,714,261”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Approval of the amendment and restatement of the Company’s stock incentive plan (the “Plan”) to increase the number of shares available for issuance under the Plan by an additional 2,000,000 shares at the 2023-05-17 meeting.

“Proposal 5 Approval of the amendment and restatement of the Company’s stock incentive plan (the “Plan”) to increase the number of shares available for issuance under the Plan by an additional 2,000,000 shares. For  Against  Abstain  Broker Non-Votes 33,635,552  4,140,467 59,079 3,714,261”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Selection, by a non-binding advisory vote, of the frequency with which stockholders of the Company will be asked to approve, by a non-binding advisory vote, the compensation paid by the Company to its Named Executive Officers at the 2023-05-17 meeting.

“Proposal 4 Selection, by a non-binding advisory vote, of the frequency with which stockholders of the Company will be asked to approve, by a non-binding advisory vote, the compensation paid by the Company to its Named Executive Officers. One Year  Two Years  Three Years  Abstain  Broker Non-Votes 34,989,541  27,994  2,505,623  311,940  3,714,261”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Approval, by non-binding advisory vote, of the compensation paid by the Company to its Named Executive Officers at the 2023-05-17 meeting.

“Proposal 3 Approval, by non-binding advisory vote, of the compensation paid by the Company to its Named Executive Officers. For  Against  Abstain  Broker Non-Votes 33,970,680  3,792,155  72,263  3,714,261”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Ratification of the appointment of Moss Adams LLP to serve as the Company’s independent registered public accounting firm for fiscal 2023 at the 2023-05-17 meeting.

“Proposal 2 Ratification of the appointment of Moss Adams LLP to serve as the Company’s independent registered public accounting firm for fiscal 2023. For  Against  Abstain 41,274,844  241,001  33,514”
Shareholder Votes

Ultra Clean Holdings, Inc. shareholders approved Election of directors for a one-year term at the 2023-05-17 meeting.

“Proposal 1 Election of directors for a one-year term. Director  For  Against  Abstain  Broker Non-Votes Clarence L. Granger  36,849,514 947,186 38,398 3,714,261 James P. Scholhamer  37,292,847 504,222 38,029 3,714,261 David T. ibnAle  36,738,146 1,051,365 45,587 3,714,261 Emily M. Liggett  36,867,027 923,869 44,202 3,714,261 Thomas T. Edman  36,995,077 795,116 44,905 3,714,261 Barbara V. Scherer  37,351,362 438,657 45,079 3,714,261 Ernest E. Maddock  34,625,375 3,166,067 43,656 3,714,261 Jacqueline A. Seto  36,764,837 1,025,817 44,444 3,714,261”
Earnings Releases

Ultra Clean Holdings, Inc. reported first quarter ended March 31, 2023 results: revenue $433.3 million, net income net loss of $(3.4) million, EPS $(0.08) per diluted share.

“our customers on their long-term strategic projects to ensure greater success when the industry once again expands.” First Quarter 2023 GAAP Financial Results Total revenue was $433.3 million. Products contributed $368.6 million and Services added $64.7 million. Total gross margin was 16.8%, operating margin was 2.9%, and net loss was $(3.4) million or $(0.08) per”

Amir Widmann resigned as President, Fluid Solutions at Ultra Clean Holdings, Inc..

“On October 10, 2022, Amir Widmann, President, Fluid Solutions of Ultra Clean Holdings, Inc. (the “Company”), resigned from the Company effective December 31, 2022, in order to pursue other career opportunities.”

Brian E. Harding was appointed as Chief Accounting Officer at Ultra Clean Holdings, Inc..

“On June 23, 2022, the Board of Directors (the “Board”) of Ultra Clean Holdings, Inc. (the “Company”) appointed Brian E. Harding as the Company’s Chief Accounting Officer, effective June 24, 2022.”

Chris Siu resigned as Chief Accounting Officer at Ultra Clean Holdings, Inc..

“On May 16, 2022, Chris Siu, Chief Accounting Officer of Ultra Clean Holdings, Inc. (the “Company”), resigned from such position, and will no longer act as the Company’s principal accounting officer effective immediately.”

Christopher S. Cook was appointed as President, Products Business at Ultra Clean Holdings, Inc..

“On April 29, 2022, the Board of Directors (the “Board”) of Ultra Clean Holdings, Inc. (the “Company”) appointed Christopher S. Cook as the Company’s President, Products Business, effective April 29, 2022.”

W. Joseph Williams resigned as President, Products Business at Ultra Clean Holdings, Inc..

“On April 22, 2022, W. Joseph Williams, the President, Products Business of Ultra Clean Holdings, Inc. (the “Company”), resigned from the Company effective May 2, 2022, in order to pursue other career opportunities.”

Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.