Kuo David C 4

What Happened

• David C. Kuo, Senior Vice President and Chief Legal Officer of Applied Optoelectronics (AAOI), disposed of a total of 48,292 shares on June 12, 2026.
• Transactions: 19,065 shares were withheld to satisfy tax withholding obligations (reported at $172.78/share; $3,294,051) and 29,227 shares were sold in the open market at a weighted average price of $166.53/share ($4,867,172). Total proceeds/consideration reported ≈ $8,161,223.
• This was a sale/disposition of shares (not a purchase).

Key Details

• Transaction date: June 12, 2026. Filing date: June 16, 2026 (filed four days after the transactions; may be later than the usual two-business-day Form 4 deadline).
• Prices: tax-withheld shares reported at $172.78; open-market sales reported at weighted avg $166.53 (individual sale prices ranged $163.78–$171.80 per footnote).
• Shares owned after the transaction: not specified in the Form 4 filing.
• Footnotes: F1 = shares withheld to satisfy tax withholding; F2 = open-market sale occurred in multiple transactions on June 12 with the filing reporting a weighted average price (reporting person can provide transaction-level details on request).

Context

• The "payment of exercise price or tax liability (F)" line typically indicates shares were surrendered/withheld to cover tax obligations (common with option exercises or vested awards); the separate open-market sales indicate additional shares were sold externally the same day. This pattern often reflects routine tax-withholding and partial liquidation rather than a fresh purchase signal.
• Sales by officers are factual disclosures and do not by themselves indicate company outlook; purchases are generally more informative about insider conviction.