DEL GUERCIO JOSEPH 4
4 · Shimmick Corp · Filed Jun 4, 2026
Research Summary
AI-generated summary of this filing
Shimmick (SHIM) Director Joseph Del Guercio Receives and Converts RSUs
What Happened
Joseph Del Guercio, a director of Shimmick Corp (SHIM), reported RSU activity on 2026-06-02. He recorded: (1) conversion/exercise of 100,671 RSUs into common stock (transaction code M) and a matching disposition of 100,671 shares at $0.00, and (2) a grant/award of 44,000 RSUs (transaction code A) at $0.00. The conversion line shows price "N/A" for the acquisition entry and the disposition is reported at $0.00 (no cash proceeds reported).
Key Details
- Transaction dates: reported activity on 2026-06-02; Form 4 filed 2026-06-04 (timely within the SEC’s 2-business-day window).
- Transactions: Exercise/conversion (M) of 100,671 RSUs (acquired) and simultaneous disposition of 100,671 shares at $0.00; Grant/award (A) of 44,000 RSUs at $0.00.
- Prices/values: acquisition listed as N/A for the converted shares; disposals and the new RSU grant reported at $0.00 (no cash proceeds reported).
- Shares owned after the transactions: not specified in the supplied excerpt of the filing.
- Footnotes: F1 — RSUs convert into common stock 1-for-1; F2 — RSUs vest and settle on the date of the next annual meeting subject to continued service; F3 — the 100,671 RSUs were originally granted on June 4, 2025 and were set to vest/settle at the next annual meeting.
Context
- These entries reflect RSU conversion/settlement and a new RSU award rather than an open-market purchase or sale. The $0.00 disposition reporting is typical in RSU settlements where shares may be withheld to satisfy tax withholding or reflect a net settlement; the filing does not state cash proceeds.
- This is not a cash purchase (a bullish signal) nor a typical sale for liquidity; it's compensation-related equity activity by an insider.
Insider Transaction Report
Form 4
Shimmick CorpSHIM
DEL GUERCIO JOSEPH
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.01 per share
[F1]2026-06-02+100,671→ 224,576 total - Award
Restricted Stock Units
[F1][F2]2026-06-02+44,000→ 44,000 total→ Common Stock, par value $0.01 per share (44,000 underlying) - Exercise/Conversion
Restricted Stock Units
[F1][F3]2026-06-02−100,671→ 0 total→ Common Stock, par value $0.01 per share (100,671 underlying)
Footnotes (3)
- [F1]RSUs convert into common stock on a one-for-one basis.
- [F2]The RSUs will vest in full and settle into shares of common stock on the date of the next annual meeting of the Issuer's stockholders, subject to Reporting Perons's continued service through such date.
- [F3]On June 4, 2025, the Reporting Person was granted 100,671 RSUs, vesting and settling upon the date of next annual meeting of the Issuer's stockholders, subject to Reporting Person's continued service through such date.
Signature
/s/ John Carpenter, Power of Attorney for Joseph A. Del Guercio|2026-06-04