Aehr director granted 1,658 restricted shares
SCOTT GEOFFREY GATES reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
SCOTT GEOFFREY GATES reported acquisition or exercise transactions in this Form 4 filing.
Aehr Test Systems director Geoffrey Scott reported updated holdings and a new equity award. He received 1,658 shares of common stock as a grant or award at $0.0000 per share, increasing his direct ownership to 54,522 shares. The filing also reflects indirect holdings of 50,000 shares held by his spouse and 40,686 shares held by a trust.
According to the footnotes, these shares are subject to restricted stock unit terms. One-fourth of the RSU shares vest after each three full calendar months from the grant date, as long as he continues to serve on the Board. The reported amounts include unvested RSUs, meaning some shares are scheduled to vest over time rather than being fully available immediately.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,658 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. One-fourth (1/4) of the total number of shares subject to the restricted stock unit awards shall vest at the end of each three full calendar months following the date of this action, provided that such recipient still serves as a member of the Board of Director of the corporation on such dates.
- F2. The amount reported includes shares subject to unvested restricted stock units.
Key Figures
Key Terms
restricted stock unit financial
unvested restricted stock units financial
By Spouse financial
By Trust financial
grant, award, or other acquisition financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AEHR director Geoffrey Scott receive in this Form 4 filing?
How do the restricted stock units for AEHR director Geoffrey Scott vest?
Is Geoffrey Scott’s AEHR stock grant an open-market purchase or compensation?
Do Geoffrey Scott’s reported AEHR holdings include unvested restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.