Aehr Test Systems 10% owner receives 6,165 RSU shares
Aehr Test Systems VP Alistair N. Sporck reported routine equity compensation activity involving restricted stock units.
Rhea-AI Filing Summary
Aehr Test Systems VP Alistair N. Sporck reported routine equity compensation activity involving restricted stock units. He acquired a total of 8,534 shares of common stock as stock awards, including shares issued upon vesting of a performance-based RSU.
To cover tax withholding obligations on the vesting, the company withheld 2,472 shares at prices of $84.425 and $69.96 per share, which the filing states does not represent a sale by Sporck. After these transactions, he directly holds 26,223 shares, with an additional 5,177 shares held indirectly by a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
5 transactions reported
Mixed
5 txns
Insider
SPORCK ALISTAIR N
Role
VP Contactor Business Unit
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 259 | $69.96 | $18K |
| Grant/Award | Common Stock | 6,165 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 2,369 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,213 | $84.425 | $187K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 26,223 shares (Direct);
Common Stock — 5,177 shares (Indirect, By Trust)
Footnotes (4)
- F1. Represents shares of common stock issued upon vesting of performance-based RSU.
- F2. The amount reported includes shares subject to unvested restricted stock units.
- F3. One-sixteenth (1/16) 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 is still employed by the corporation on such dates.
- F4. Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units. This does not represent a sale by the Reporting Person.
Key Figures
Stock award 1: 6,165 shares
Stock award 2: 2,369 shares
Tax withholding block 1: 2,213 shares
+4 more
7 metrics
Stock award 1
6,165 shares
Grant/award acquisition of common stock at $0.0000 per share
Stock award 2
2,369 shares
Grant/award acquisition; shares issued upon vesting of performance-based RSU
Tax withholding block 1
2,213 shares
Shares withheld for tax at $84.425 per share
Tax withholding block 2
259 shares
Shares withheld for tax at $69.96 per share
Total tax-withheld shares
2,472 shares
Total shares withheld to satisfy RSU tax obligations
Direct holdings after transactions
26,223 shares
Aehr common stock directly owned following reported transactions
Indirect holdings by trust
5,177 shares
Aehr common stock held indirectly "By Trust" as of holding entry
Key Terms
performance-based RSU, restricted stock units, tax withholding obligations, By Trust, +1 more
5 terms
performance-based RSU financial
"Represents shares of common stock issued upon vesting of performance-based RSU."
Performance-based RSUs are promises to deliver company stock to employees only if the firm or the individual meets preset financial or operational targets; they convert into actual shares when those goals are achieved. For investors, they matter because they link pay to results—shaping management incentives, affecting future share count and earnings reports, and signaling how confident leadership is about hitting measurable milestones (think of a bonus that only pays out if sales or profit goals are reached).
restricted stock units financial
"The amount reported includes shares subject to unvested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
tax withholding obligations financial
"Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units."
By Trust financial
"Common Stock holding entry shows indirect ownership nature as "By Trust"."
grant, award, or other acquisition financial
"Transaction code A is described as "Grant, award, or other acquisition"."
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AEHR VP Alistair Sporck report on this Form 4?
Alistair Sporck reported receiving 8,534 shares of Aehr Test Systems common stock as stock awards and having 2,472 shares withheld to cover tax obligations on restricted stock unit vesting, along with updated direct and indirect share holdings.
What types of equity awards did AEHR grant to Alistair Sporck in this filing?
The filing shows grants classified as stock awards of 6,165 and 2,369 shares of Aehr common stock. Footnotes state that part of these represent shares issued upon vesting of performance-based restricted stock units and include shares subject to unvested restricted stock units.
How are Alistair Sporck’s indirect AEHR holdings structured in this Form 4?
The Form 4 indicates an indirect holding of 5,177 Aehr common shares classified as held "By Trust." This reflects shares attributed to a trust rather than directly owned, providing additional context on Sporck’s overall beneficial holdings.
AI-generated analysis. How Rhea-AI works. Not financial advice.
