LIDR Form 4 reports disposition transactions
Rhea-AI Filing Summary
HUGHES ANDREW S reported disposition transactions in a Form 4 filing for LIDR. The filing lists transactions totaling 16,482 shares at a weighted average price of $1.65 per share. Following the reported transactions, holdings were 185,443 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 16,482 shares
Net Sell
1 txn
Insider
HUGHES ANDREW S
Role
Secretary & General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 16,482 | $1.65 | $27K |
Holdings After Transaction:
Common Stock — 185,443 shares (Direct)
Footnotes (1)
- F1. The transaction reported on this form represents a net settlement related to the vesting of a restricted stock unit award and the withholding of shares to satisfy tax withholding obligations in connection with the vesting event. No shares of stock were sold.
FAQ
What insider transaction did AEye (LIDR) report on this Form 4?
The Form 4 reports a tax-withholding disposition of AEye common stock by officer Andrew S. Hughes. It reflects shares withheld to cover taxes upon vesting of a restricted stock unit award, rather than an open-market sale of shares.
Was the AEye (LIDR) insider transaction an open-market sale?
No, the filing states that no shares of stock were sold. The transaction represents a net settlement where shares were withheld to satisfy tax withholding obligations upon vesting of a restricted stock unit award, rather than a discretionary sale into the market.
Who is the insider involved in this AEye (LIDR) Form 4 filing?
The insider is Andrew S. Hughes, who serves as Secretary & General Counsel of AEye, Inc. He is an officer but not a director or 10% owner. The filing reports his direct holdings and a tax-withholding disposition related to equity compensation.
What is the transaction code F used in the AEye (LIDR) Form 4?
Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, it denotes shares withheld from a restricted stock unit vesting to satisfy tax obligations, with no open-market sale of AEye common stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.