Yoder Todd Wilbur 4

What Happened
Todd Wilbur Yoder, Chief Financial Officer of Shimmick Corp (SHIM), had Restricted Stock Units (RSUs) convert into 132,247 shares of common stock on April 14, 2026. To satisfy tax withholding on the vesting event, 38,728 of those shares were surrendered (disposed) at an effective withholding value of $3.91 per share, totaling $151,427. The filing shows the RSU derivative interests were cancelled (reported as derivative disposals at $0) and the net new shares retained by Yoder from this event equal 93,519 shares (132,247 vested − 38,728 withheld).

Key Details

• Transaction date: April 14, 2026; Form 4 filed April 16, 2026 (covers the Apr 14 event).
• Vested/converted shares acquired: 72,464 and 59,783 (total 132,247).
• Shares withheld for taxes (disposed): 22,335 and 16,393 (total 38,728) at $3.91 per share = $87,330 + $64,097 = $151,427.
• Net shares added to Yoder’s holdings from this event: 93,519 shares (132,247 − 38,728).
• Footnotes: RSUs convert one-for-one to common stock (F1). The withheld shares were used to pay taxes due on vesting (F2). The 72,464 RSUs were a grant dated May 16, 2025 that vested and settled on Apr 14, 2026 (F3). An additional 181,159-RSU grant vests in three annual installments beginning Apr 14, 2026 (F4).
• Timeliness: Filing appears timely (transaction Apr 14, 2026; Form 4 filed Apr 16, 2026). No late-filing indication was provided.

Context
This was an RSU vest-and-settle event with share withholding for taxes (a routine, non-market sale mechanism). The derivative entries reflect the conversion/cancellation of RSU awards into common stock. Such tax-withholding disposals do not necessarily signal a trading decision about the company’s outlook; they are a customary method to satisfy withholding obligations.