Aehr Test Systems (NASDAQ: AEHR) CTO records 328-share tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aehr Test Systems CTO Donald P. Richmond II reported a tax-withholding disposition of 328 shares of common stock at $72.01 per share. The shares were withheld to satisfy tax obligations upon vesting of restricted stock units and do not represent an open-market sale. Following this transaction, he directly holds 186,669 shares, which includes shares subject to unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RICHMOND DONALD P. II
Role
CTO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 328 | $72.01 | $24K |
Holdings After Transaction:
Common Stock — 186,669 shares (Direct)
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 withholding shares: 328 shares
Withholding price: $72.01 per share
Post-transaction holdings: 186,669 shares
3 metrics
Tax withholding shares
328 shares
Shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units
Withholding price
$72.01 per share
Per-share value used for the tax-withholding disposition
Post-transaction holdings
186,669 shares
Common shares directly held by the CTO following the tax withholding, including unvested RSUs
Key Terms
restricted stock units, tax withholding obligations, unvested restricted stock units
3 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"
unvested restricted stock units financial
"includes shares subject to unvested restricted stock units"
FAQ
What insider transaction did Aehr Test Systems (AEHR) disclose in this Form 4?
Aehr Test Systems disclosed that CTO Donald P. Richmond II had 328 shares of common stock withheld at $72.01 per share to cover tax obligations tied to vesting restricted stock units. This is recorded as a disposition but is not an open-market sale.
What does a tax-withholding disposition mean in the AEHR CTO’s Form 4?
A tax-withholding disposition means shares, here 328 shares, were withheld by the company at $72.01 per share to pay income taxes due when restricted stock units vest. It is an administrative event rather than a discretionary open-market sale by the insider.
How significant is the AEHR CTO’s tax withholding compared to his total holdings?
The transaction involved 328 shares withheld for taxes, while the CTO continues to directly hold 186,669 shares. The event reflects routine handling of taxes on vesting equity awards, rather than a large change in his overall equity position.