Advanced Energy director exercises 2,313 RSUs

Advanced Energy Industries director Brian Shirley exercised 2,313 restricted stock units into the same number of common shares at a stated price of $0.00 per share.

Rhea-AI Filing Summary

Advanced Energy Industries director Brian Shirley exercised 2,313 restricted stock units into the same number of common shares at a stated price of $0.00 per share. The units were granted on May 2, 2025 and vested one year later on a one-for-one basis into common stock.

After this conversion, Shirley is shown with 7,897 common shares in total. Of these, 2,313 shares are issued and held directly with instructions to transfer them to The Shirley Family Trust, and 5,584 shares are already held indirectly by that trust, where he and his spouse serve as trustees and beneficiaries.

Insider Trade Summary

2,313 shares exercised/converted

Exercise 2 txns

Insider Shirley Brian

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	2,313	$0.00	$0.00
Exercise	Common Stock	2,313	$0.00	$0.00

Holdings After Transaction: Restricted Stock Units — 0 contracts (Direct); Common Stock — 7,897 shares (Indirect, By The Shirley Family Trust)

Footnotes (3)

1. F1. On May 2, 2025, the reporting person was granted 2,313 restricted stock units, which vested on the one-year anniversary of the grant date. Restricted stock units covert to common stock on a one-for-one basis.
2. F2. Of this total amount of 7,897 shares: (A) 2,313 shares were issued and are held directly by the reporting person, and the reporting person has instructions in place to transfer the 2,313 shares to The Shirley Family Trust; and (B) 5,584 shares are held indirectly by The Shirley Family Trust, for which the reporting person and his spouse serve as trustees and are beneficiaries.
3. F3. Restricted stock units are not exercisable and do not have an expiration date.

Key Figures

RSUs exercised: 2,313 units Common shares received: 2,313 shares Total common shares after transaction: 7,897 shares +3 more

6 metrics

RSUs exercised 2,313 units Restricted stock units converted to common stock on May 2, 2026

Common shares received 2,313 shares One-for-one conversion from vested restricted stock units

Total common shares after transaction 7,897 shares Holdings reported following the RSU conversion

Indirect trust holdings 5,584 shares Shares held by The Shirley Family Trust

Direct holdings post-issuance 2,313 shares Issued to Shirley with instructions to transfer to trust

Exercise price per share $0.00 per share Stated transaction price for conversion of RSUs

Key Terms

Restricted stock units, one-for-one basis, indirectly, trustees, +1 more

5 terms

Restricted stock units financial

"the reporting person was granted 2,313 restricted stock units, which vested on the one-year anniversary"

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.

one-for-one basis financial

"Restricted stock units covert to common stock on a one-for-one basis"

indirectly financial

"5,584 shares are held indirectly by The Shirley Family Trust, for which the reporting person and his spouse serve as trustees"

trustees financial

"The Shirley Family Trust, for which the reporting person and his spouse serve as trustees and are beneficiaries"

Trustees are people or a small group legally appointed to hold and manage assets, documents, or obligations on behalf of others and must act in those beneficiaries’ best interests. Think of them as a neutral guardian or custodian who enforces rules, protects assets, and makes decisions that can affect payments, corporate governance, or recovery in a default — all of which directly influence investor returns and risk.

derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Brian Shirley report at AEIS?

Brian Shirley reported exercising 2,313 restricted stock units into 2,313 shares of Advanced Energy Industries common stock. The Form 4 shows this as a derivative exercise at a stated price of $0.00 per share, increasing his total common stock holdings.

How many Advanced Energy (AEIS) shares does Brian Shirley hold after this filing?

After the reported transaction, Brian Shirley is shown with 7,897 shares of Advanced Energy common stock. This total includes 2,313 shares held directly and 5,584 shares held indirectly through The Shirley Family Trust, where he and his spouse are trustees and beneficiaries.

What are the details of the restricted stock units exercised by Brian Shirley at AEIS?

The filing notes that 2,313 restricted stock units were granted to Brian Shirley on May 2, 2025. These units vested on the one-year anniversary of the grant date and converted into 2,313 shares of common stock on a one-for-one basis, with no exercise price stated.

How are Brian Shirley’s AEIS shares split between direct and trust holdings?

Of the 7,897 total shares reported, 2,313 shares are issued and held directly by Brian Shirley, with instructions in place to transfer them to The Shirley Family Trust. The remaining 5,584 shares are already held indirectly by that trust, where he and his spouse act as trustees and beneficiaries.

Did Brian Shirley sell any Advanced Energy (AEIS) shares in this Form 4?

The Form 4 reflects only the exercise and conversion of 2,313 restricted stock units into common shares and does not report any sales. The transaction codes and summary indicate acquisition through derivative exercise, with no open-market or other dispositions listed in this filing.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 05/05/2026 - 08:34 PM EDT Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Shirley Brian

(Last) (First) (Middle)

1595 WYNKOOP STREET, SUITE 800

(Street)

DENVER COLORADO 80202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ADVANCED ENERGY INDUSTRIES INC [ AEIS ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/02/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/02/2026		M		2,313	A	(1)	7,897(2)	I	By The Shirley Family Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	05/02/2026		M			2,313	(3)	(3)	Common Stock	2,313	$0	0	D

Explanation of Responses:

1. On May 2, 2025, the reporting person was granted 2,313 restricted stock units, which vested on the one-year anniversary of the grant date. Restricted stock units covert to common stock on a one-for-one basis.

2. Of this total amount of 7,897 shares: (A) 2,313 shares were issued and are held directly by the reporting person, and the reporting person has instructions in place to transfer the 2,313 shares to The Shirley Family Trust; and (B) 5,584 shares are held indirectly by The Shirley Family Trust, for which the reporting person and his spouse serve as trustees and are beneficiaries.

3. Restricted stock units are not exercisable and do not have an expiration date.

	/s/ Elizabeth Vonne - Attorney-in-Fact	05/05/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)