AEHR TEST SYSTEMS (AEHR) EVP has shares withheld to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AEHR TEST SYSTEMS executive Alberto Salamone reported a routine tax-related share disposition. Upon vesting of restricted stock units, 204 shares of Common Stock were withheld to satisfy tax withholding obligations at an effective price of $93.07 per share, according to the Form 4.
After this withholding, Salamone directly holds 47,821 shares of AEHR Common Stock, and this amount includes shares subject to unvested restricted stock units. The footnotes clarify that this withholding does not represent an open-market sale by the reporting person but a non-market, compensation-related tax payment.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SALAMONE ALBERTO
Role
EVP, PPBI BUSINESS
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 204 | $93.07 | $19K |
Holdings After Transaction:
Common Stock — 47,821 shares (Direct, null)
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
Tax-withheld shares: 204 shares
Withholding price: $93.07 per share
Post-transaction holdings: 47,821 shares
+1 more
4 metrics
Tax-withheld shares
204 shares
Shares withheld to satisfy tax obligations on RSU vesting
Withholding price
$93.07 per share
Effective price used for tax-withholding disposition
Post-transaction holdings
47,821 shares
Common Stock held directly after transaction, including unvested RSUs
Tax-withholding shares (summary)
204 shares
TaxWithholdingShares reported in transaction summary
Key Terms
restricted stock units, tax withholding obligations, withheld, vesting
4 terms
restricted stock units financial
"upon vesting of 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
"withheld to satisfy tax withholding obligations upon vesting"
withheld financial
"Represents shares that were withheld to satisfy tax withholding obligations"
vesting financial
"upon vesting of restricted stock units"
Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.
FAQ
What did AEHR (AEHR) executive Alberto Salamone report on this Form 4?
Alberto Salamone reported a tax-related share disposition linked to restricted stock unit vesting. 204 AEHR Common Stock shares were withheld to cover tax withholding obligations, rather than sold in the open market, leaving him with 47,821 shares held directly afterward.
What does a tax-withholding disposition mean for AEHR insiders?
A tax-withholding disposition means shares are withheld to pay taxes when equity awards vest, instead of insiders paying cash. In this filing, 204 AEHR shares were withheld upon RSU vesting, and the footnote clarifies this is not an open-market sale by the executive.