Aehr (AEHR) director Howard Slayen donates 1,800 shares in bona fide gift
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Aehr Test Systems director Howard T. Slayen reported a charitable stock gift. He transferred 1,800 shares of Common Stock as a bona fide gift at a stated price of $0.00 per share. The shares were donated to a Donor Advised Charitable Giving Fund.
After the gift, Slayen directly owns 176,528 shares of Aehr Test Systems common stock, and this amount includes shares subject to unvested restricted stock units. The filing shows no option exercises or open-market stock purchases or sales, only this charitable transfer.
Positive
- None.
Negative
- None.
Insider Trade Summary
1,800 shares gifted
Mixed
1 txn
Insider
SLAYEN HOWARD T
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 1,800 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 176,528 shares (Direct, null)
Footnotes (1)
- The shares were donated to Donor Advised Charitable Giving Fund. The amount reported includes shares subject to unvested restricted stock units.
Key Figures
Shares gifted: 1,800 shares
Price per share for gift: $0.00 per share
Shares held after transaction: 176,528 shares
3 metrics
Shares gifted
1,800 shares
Bona fide gift of common stock
Price per share for gift
$0.00 per share
Reported transfer price on Form 4
Shares held after transaction
176,528 shares
Direct holdings after gift, including unvested RSUs
Key Terms
bona fide gift, Donor Advised Charitable Giving Fund, restricted stock units
3 terms
bona fide gift financial
"transaction_code_description": "Bona fide gift""
Donor Advised Charitable Giving Fund financial
"The shares were donated to Donor Advised Charitable Giving Fund."
restricted stock units financial
"The amount reported includes shares subject to unvested 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.
FAQ
What insider transaction did Aehr (AEHR) director Howard Slayen report?
Howard T. Slayen reported a bona fide gift of 1,800 shares of Aehr Test Systems common stock. The shares were donated to a Donor Advised Charitable Giving Fund, and the transaction was recorded at a price of $0.00 per share as a non-market transfer.
Was the Aehr (AEHR) insider transaction a market sale or purchase?
The transaction was not a market sale or purchase; it was a bona fide gift. Slayen transferred 1,800 shares at a stated price of $0.00 per share to a Donor Advised Charitable Giving Fund, meaning no trading occurred on the open market.
What does a 'bona fide gift' mean in this Aehr (AEHR) Form 4?
A bona fide gift indicates shares were transferred without receiving payment, as a genuine gift. In this case, 1,800 Aehr Test Systems shares were donated to a Donor Advised Charitable Giving Fund, reflecting charitable giving rather than investment trading activity.
Does the Aehr (AEHR) Form 4 mention restricted stock units for Howard Slayen?
Yes. The filing notes that Slayen’s reported post-transaction holdings of 176,528 shares include shares subject to unvested restricted stock units. This means part of his position is contingent on future vesting rather than fully vested common stock today.