Ichor Holdings (ICHR) Director MacKenzie Iain Sells 20,000 Shares

What Happened MacKenzie Iain, a director of Ichor Holdings (ICHR), sold a total of 20,000 shares in open-market transactions on September 15, 2026, generating about $1,013,182 in proceeds. The sales consisted of 17,400 shares reported at $50.52 each ($879,048) and 2,600 shares reported at $51.59 each ($134,134). These were sales (not purchases), which are often routine liquidity events rather than indicators of company outlook.

Key Details

• Transaction date: 2026-09-15; Form 4 filed: 2026-09-16 (timely filing).
• Reported trades:
  • 17,400 shares at $50.52 — $879,048 (F2: weighted-average, range $50.02–$50.96)
  • 2,600 shares at $51.59 — $134,134 (F3: weighted-average, range $51.04–$51.95)
• Total shares sold: 20,000; total proceeds: ~$1,013,182.
• Shares owned after transaction: Not reported in the provided Form 4 excerpt.
• Notable footnotes:
  • F1: Sales were made under a Rule 10b5‑1 trading plan adopted May 19, 2026, to provide liquidity for anticipated tax obligations; the shares vested upon conclusion of the reporting person’s Advisory Agreement.
  • F2/F3: Reported prices are weighted averages from multiple trades; the reporting person will provide detailed per-trade amounts upon request to the issuer, shareholders, or SEC staff.
• Filing lateness: No late filing indicated (filed one day after the transactions; Form 4s are due within two business days).

Context The transactions were executed under a pre-established 10b5‑1 plan to address tax liquidity tied to vesting related to an advisory agreement—this is a common, rule-compliant mechanism insiders use to sell shares. Because these were sales under a trading plan, they should be viewed as planned liquidity actions rather than a direct signal about management’s view of the company.