AEHR Test Systems (AEHR) CFO reports RSU tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AEHR Test Systems CFO Chris Siu reported a routine tax-related share withholding tied to equity compensation. On the RSU vesting date, 697 shares of common stock were withheld at an implied price of $70.43 per share to satisfy tax withholding obligations, and this was not an open-market sale. Following the withholding, Siu directly owns 70,740 common shares. He also has 7,306 shares held indirectly through a trust, and this amount includes shares subject to unvested restricted stock units.
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 | 697 | $70.43 | $49K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 70,740 shares (Direct);
Common Stock — 7,306 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
Tax-withheld shares: 697 shares
Withholding price: $70.43 per share
Direct holdings after transaction: 70,740 shares
+2 more
5 metrics
Tax-withheld shares
697 shares
Shares withheld to satisfy RSU tax obligations
Withholding price
$70.43 per share
Implied price for RSU tax withholding
Direct holdings after transaction
70,740 shares
CFO direct AEHR common stock ownership after withholding
Indirect holdings by trust
7,306 shares
Trust holdings including unvested RSUs
Tax-withholding transactions
1 event, 697 shares
Summary tax-withholding count and shares
Key Terms
restricted stock units, tax withholding obligations, unvested restricted stock units, By Trust, +1 more
5 terms
restricted stock units financial
"Represents shares that were withheld to satisfy tax withholding obligations 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
"Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units."
unvested restricted stock units financial
"The amount reported includes shares subject to unvested restricted stock units."
By Trust financial
"nature_of_ownership": "By Trust""
tax-withholding disposition financial
"transaction_action": "tax-withholding disposition""
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What insider transaction did AEHR CFO Chris Siu report on this Form 4 for AEHR?
Chris Siu reported a tax-withholding disposition related to restricted stock units. The company withheld 697 AEHR shares to cover tax obligations when RSUs vested, rather than Siu selling shares in the open market.
What indirect AEHR holdings by trust are reported for the CFO in this Form 4?
The Form 4 reports 7,306 AEHR shares held indirectly by a trust associated with CFO Chris Siu. A footnote explains this amount includes shares subject to unvested restricted stock units, so not all of these shares are fully vested yet.