Advanced Energy (NASDAQ: AEIS) director converts 2,313 RSUs, holds 7,897 shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2,313 shares exercised/converted
Mixed
2 txns
Insider
Shirley Brian
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 2,313 | $0.00 | -- |
| Exercise | Common Stock | 2,313 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 7,897 shares (Indirect, By The Shirley Family Trust)
Footnotes (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. 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. 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
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.
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.