CFO Chris Siu of AEHR TEST SYSTEMS (AEHR) logs 988-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AEHR TEST SYSTEMS reports that CFO Chris Siu had 988 shares of common stock withheld at $72.60 per share to satisfy tax withholding obligations upon vesting of restricted stock units, which the company states is not a sale. After this, he holds 77,824 shares directly, including shares subject to unvested restricted stock units, and 5,706 shares indirectly through a trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Siu Chris
Role
CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 988 | $72.60 | $72K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 77,824 shares (Direct);
Common Stock — 5,706 shares (Indirect, By Trust)
Footnotes (1)
- 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. The amount reported includes shares subject to unvested restricted stock units.
Key Figures
Shares withheld for taxes: 988 shares
Withholding price per share: $72.60 per share
Direct shares after transaction: 77,824 shares
+3 more
6 metrics
Shares withheld for taxes
988 shares
Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units
Withholding price per share
$72.60 per share
Price used for the F-code tax-withholding disposition
Direct shares after transaction
77,824 shares
Direct common stock holdings of CFO Chris Siu following the tax withholding
Indirect shares held by trust
5,706 shares
Common stock held indirectly with nature of ownership reported as By Trust
Tax withholding transactions
1 transaction
Number of F-code tax-withholding dispositions reported in the summary
Net buy/sell shares
0 shares
Net buy/sell shares across reported transactions in the transaction summary
Key Terms
restricted stock units, tax withholding obligations, unvested restricted stock units, indirect
4 terms
restricted stock units financial
"upon vesting of restricted stock units. This does not represent"
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
"shares that were withheld to satisfy tax withholding obligations upon vesting"
unvested restricted stock units financial
"amount reported includes shares subject to unvested restricted stock units."
indirect financial
"total_shares_following_transaction 5706.0000, direct_or_indirect I"
FAQ
What insider activity did AEHR (AEHR) CFO Chris Siu report?
CFO Chris Siu reported that 988 AEHR common shares were withheld at $72.60 per share to cover tax withholding obligations on vested restricted stock units. The disclosure states this withholding does not represent a sale by the reporting person.
What does the indirect AEHR (AEHR) holding by trust represent for the CFO?
The filing lists 5,706 AEHR common shares as held indirectly, with ownership described as “By Trust.” This indicates those shares are reported as indirectly owned through a trust associated with CFO Chris Siu.
How many tax-withholding transactions did AEHR (AEHR) report for the CFO?
The summary shows one tax-withholding transaction involving 988 shares of AEHR common stock. This transaction is coded “F,” described as payment of tax liability by delivering securities, and is not treated as an open-market sale.