Summary by Futu AI
On July 22, 2024, Lin Chih-Hsiang (Thompson), President and CEO of Applied Optoelectronics, Inc. (AAOI), completed a sale of 24,156 shares of the company's common stock at a price of $9.68 per share. The transactions were executed as a means to cover the payment of exercise price or tax liability by delivering or withholding securities, a common practice in executive compensation. Following the sale, Thompson directly holds 1,338,247 shares of Applied Optoelectronics. The total market value of the disposed shares amounted to approximately $233,830.08.