Ichor (ICHR) CEO Philip Barros Sells 3,516 Shares

What Happened
Philip R. Barros Sr., CEO of Ichor Holdings, disposed of a total of 3,516 ICHR shares between August 14 and August 19, 2026, generating roughly $233,380 in proceeds. Transactions include automatic tax-withholding for vested restricted stock units (711 shares @ $71.05 on 8/14; 610 shares @ $71.05 on 8/15; 881 shares @ $66.08 on 8/18; total withheld value ≈ $151, [see totals below]) and open-market sales under a Rule 10b5-1 plan (814 shares sold at a weighted average $61.39 and 500 shares at a weighted average $62.67 on 8/19). These were disposals (sales/withholdings), not purchases.

Key Details

• Transaction dates & reported prices:
  • 2026-08-14: 711 shares withheld for taxes @ $71.05 = $50,517 (F1)
  • 2026-08-15: 610 shares withheld for taxes @ $71.05 = $43,341 (F1)
  • 2026-08-18: 881 shares withheld for taxes @ $66.08 = $58,216 (F1)
  • 2026-08-19: 814 shares sold in the open market @ weighted avg $61.39 = $49,971 (F2/F3)
  • 2026-08-19: 500 shares sold in the open market @ weighted avg $62.67 = $31,335 (F2/F4)
  • Total: 3,516 shares; approx. $233,380 in proceeds/withheld value.
• Shares owned after the transactions: Not disclosed in the provided filing excerpt.
• Notable footnotes:
  • F1: Shares automatically withheld to cover tax withholding on RSU vesting (not a discretionary sale).
  • F2: Open-market sales executed under a Rule 10b5-1 trading plan adopted March 5, 2026.
  • F3/F4: Reported prices for open-market sales are weighted averages; sales occurred at price ranges $60.88–$61.79 and $62.40–$62.85 respectively. The reporting person offers to provide per-transaction breakdowns on request.
• Timeliness: The Form 4 was filed on 2026-08-20 covering transactions from 2026-08-14 through 2026-08-19. Earlier trades (Aug 14 and Aug 15) appear to have been reported later than the two-business-day SEC deadline for Form 4s.

Context

• Tax-withholding of RSUs is an administrative action to satisfy tax obligations and is common; these withholdings are not the same as the executive choosing to sell shares for cash.
• The open-market sales were made under a pre-established 10b5-1 plan, which is a pre-set trading arrangement that can limit the inference that sales reflect short-term views.
• Sales by executives are common and do not necessarily indicate negative company prospects; this report is factual disclosure of insider disposals.