[Form 4] AEye, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Form 4 discloses that AEye (LIDR) director Luis Dussan sold a total of 6,000 Class A common shares on 24 Jul 2025 at an average price of $4.00 per share. The shares were disposed through two family trusts—Luis Dussan Trust A and Jennifer Dussan Trust A—under a Rule 10b5-1 trading plan adopted 13 Jun 2024.

After the transactions, Dussan’s beneficial ownership comprises 238,832 shares (Luis Dussan Trust A), 30,000 shares (Jennifer Dussan Trust A), 12,402 shares (Family Trust), and a direct holding of 3,493 shares, totaling 284,727 shares. The sale represents roughly 2 % of his reported holdings. No derivative securities were traded or reported.

Positive

• Pre-scheduled Rule 10b5-1 plan reduces perception of opportunistic trading.

Negative

• Insider sale of 6,000 shares may be interpreted as a mildly bearish signal despite small size.

Insights

Securities Analyst

TL;DR Small 6 k-share insider sale (~2 % of holdings) via 10b5-1 plan; neutral to mildly negative signal.

The modest disposition does not materially alter Luis Dussan’s ownership (≈285 k shares remain). Because the trades were executed under a pre-arranged Rule 10b5-1 plan, information-advantage concerns are limited. Volume and value (~$24 k) are immaterial relative to AEye’s float, so market impact should be negligible. Insider sales can indicate sentiment, but the fractional size suggests routine liquidity rather than a change in outlook. No derivatives or additional sales reported, keeping risk profile stable.

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).

1. Name and Address of Reporting Person^*

Dussan Luis

(Last) (First) (Middle)

4670 WILLOW ROAD

SUITE 125

(Street)

PLEASANTON CA 94588

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
AEye, Inc. [ LIDR ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2025

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

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

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

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	07/24/2025		S		3,000(1)	D	$4	238,832	I	Luis Dussan Trust A U/A/D 5/18/2022(2)
Common Stock	07/24/2025		S		3,000(1)	D	$4	30,000	I	Jennifer Dussan Trust A U/A/D 5/18/2022(3)
Common Stock								12,402	I	Luis Carlos Dussan Family Trust dated January 20, 2021(4)
Common Stock								3,493.3	D

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

Explanation of Responses:

1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on June 13, 2024.

2. The Luis Dussan Trust A U/A/D 5/18/2022 is affiliated with the Reporting Person, and the shared held by the Trust are beneficially owned by the Reporting Person, who is the Trustee.

3. The Jennifer Dussan Trust A U/A/D 5/18/2022 is affiliated with the Reporting Person, and the shares held by the Trust are beneficially owned by the spouse of the Reporting Person, and the Reporting Person is the Trustee.

4. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein.

	/s/ Siraj Husain by power of attorney previously filed	07/25/2025
	** 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.

FAQ

How many AEye (LIDR) shares did Director Luis Dussan sell?

He sold 6,000 shares on 24 Jul 2025.

At what price were the shares sold?

The reported sale price was $4.00 per share.

Was the transaction part of a trading plan?

Yes, the sales were executed under a Rule 10b5-1 plan adopted 13 Jun 2024.

How many AEye shares does Luis Dussan own after the sale?

He beneficially owns 284,727 shares (281,234 indirect and 3,493 direct).

Were any derivative securities involved?

No derivative securities were acquired or disposed of in this filing.