AEHR EVP receives RSUs; shares withheld for taxes
AEHR Test Systems executive Alberto Salamone reported routine equity compensation activity.
Rhea-AI Filing Summary
AEHR Test Systems executive Alberto Salamone reported routine equity compensation activity. He received grants of 1,978 and 4,048 shares of common stock at $0.00 per share as restricted stock unit awards, including performance-based RSUs. The awards vest in equal one-sixteenth installments every three full calendar months, as long as he remains employed. To cover related tax obligations upon vesting, 1,453 shares at $84.425 and 556 shares at $69.96 were withheld by the company, which the disclosure states does not represent market sales. Following these transactions, Salamone directly holds 51,838 shares, and this amount includes shares subject to unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 556 | $69.96 | $39K |
| Grant/Award | Common Stock | 4,048 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 1,978 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 1,453 | $84.425 | $123K |
Footnotes (4)
- F1. Represents shares of common stock issued upon vesting of performance-based RSU.
- F2. One-sixteenth (1/16) of the total number of shares subject to the restricted stock unit awards shall vest at the end of each three full calendar months following the date of this action, provided that such recipient is still employed by the corporation on such dates.
- F3. 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.
- F4. The amount reported includes shares subject to unvested restricted stock units.
Key Figures
Key Terms
performance-based RSU financial
restricted stock unit awards financial
tax withholding obligations financial
unvested restricted stock units financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did AEHR EVP Alberto Salamone report on this Form 4?
Were any of Alberto Salamone’s AEHR stock transactions open-market sales?
What type of equity awards did Alberto Salamone receive from AEHR Test Systems?
What is the vesting schedule for Alberto Salamone’s AEHR restricted stock units?
How much AEHR stock was withheld for Alberto Salamone’s tax obligations?
AI-generated analysis. How Rhea-AI works. Not financial advice.