AEHR (AEHR) CFO reports 350 shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AEHR Test Systems CFO Chris Siu reported a routine tax-related share withholding on recently vested restricted stock units. The company withheld 350 shares of common stock at $93.62 per share to satisfy tax obligations, which the filing states does not represent a sale by the reporting person.
After this withholding, Siu beneficially owns 69,920 shares of common stock directly, and 5,706 shares indirectly through a trust. The direct total includes shares subject to unvested restricted stock units, showing he retains a sizable equity position following this non-market transaction.
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 | 350 | $93.62 | $33K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 69,920 shares (Direct, null);
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: 350 shares
Withholding price: $93.62 per share
Direct holdings after transaction: 69,920 shares
+2 more
5 metrics
Shares withheld for taxes
350 shares
Withheld to satisfy tax obligations on RSU vesting
Withholding price
$93.62 per share
Value used for 350-share tax withholding
Direct holdings after transaction
69,920 shares
Common stock directly held by CFO after withholding
Indirect holdings after transaction
5,706 shares
Common stock held indirectly through a trust
Tax-withholding transactions
1 transaction, 350 shares
Summary of F-code tax-withholding activity in this Form 4
Key Terms
restricted stock units, tax withholding obligations, indirect, Form 4, +1 more
5 terms
restricted stock units financial
"upon vesting of restricted stock units. This does not represent a sale"
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"
indirect financial
"total_shares_following_transaction: "5706.0000" ... ownership_type: "indirect""
Form 4 regulatory
"This was an automatic tax-withholding event, and was disclosed in a Form 4 insider filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code F regulatory
"The Form 4 lists transaction code F, which indicates payment of an exercise price or tax liability"
FAQ
What insider transaction did AEHR (AEHR) report for CFO Chris Siu?
AEHR Test Systems reported that CFO Chris Siu had 350 shares withheld to cover taxes on vested restricted stock units. This was an automatic tax-withholding event, not an open-market trade, and was disclosed in a Form 4 insider filing.
What type of transaction code appears in AEHR CFO Chris Siu’s Form 4?
The Form 4 lists transaction code F, which indicates payment of an exercise price or tax liability by delivering securities. Here it reflects shares withheld for taxes on vested restricted stock units, not a discretionary buy or sell decision.