AEHR Test Systems (AEHR) CEO has 2,784 shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AEHR Test Systems President and CEO Gayn Erickson had 2,784 shares of common stock withheld at $74.38 per share to cover tax obligations when restricted stock units and restricted shares vested. This was a tax-withholding event, not an open-market sale. After these withholdings, he holds 185,511 shares directly and 197,723 shares indirectly through a trust, including unvested restricted stock units and restricted shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Erickson Gayn
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,784 | $74.38 | $207K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 185,511 shares (Direct);
Common Stock — 197,723 shares (Indirect, By Trust)
Footnotes (1)
- Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units and restricted shares. This does not represent a sale by the Reporting Person. The amount reported includes shares subject to unvested restricted stock units and unvested restricted shares.
Key Figures
Shares withheld for taxes: 2,784 shares
Tax-withholding price: $74.38 per share
Direct holdings after transaction: 185,511 shares
+2 more
5 metrics
Shares withheld for taxes
2,784 shares
Tax-withholding disposition on equity vesting
Tax-withholding price
$74.38 per share
Value used for withheld AEHR common stock
Direct holdings after transaction
185,511 shares
AEHR common stock held directly by CEO
Indirect holdings after transaction
197,723 shares
AEHR common stock held indirectly by trust
Tax-withholding transactions
1 event, 2,784 shares
Summary of F-code tax-withholding disposition
Key Terms
restricted stock units, restricted shares, tax withholding obligations, indirect, +1 more
5 terms
restricted stock units financial
"tax withholding obligations upon vesting of restricted stock units and restricted shares"
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 ... direct_or_indirect": "I""
By Trust financial
"nature_of_ownership": "By Trust""
FAQ
What did AEHR CEO Gayn Erickson report in this Form 4 filing for AEHR?
Gayn Erickson reported that 2,784 AEHR common shares were withheld to satisfy tax obligations on vesting equity awards. This is a non-market tax-withholding transaction, not an open-market sale, and reflects routine handling of equity-based compensation.