AEye (LIDR) CFO awarded 500,000 PSUs tied to $3–$5 share-price hurdles

Rhea-AI Filing Summary

AEye, Inc. reported that its Treasurer & CFO, Conor B. Tierney, received a grant of 500,000 performance stock units (PSUs). Each PSU is economically equivalent to one share of common stock and can convert into one share upon vesting. The PSUs vest in three equal tranches if the company’s NASDAQ closing price, based on a five-day trailing average, meets or exceeds $3.00, $4.00, and $5.00 per share, respectively. Any PSUs that have not vested by December 31, 2030 will be forfeited. Following this award, Tierney holds 708,713 derivative securities related to the company’s stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Tierney Conor B

Role Treasurer & CFO

Type	Security	Shares	Price	Value
Grant/Award	Performance Stock Units	500,000	$0.00	--

Holdings After Transaction: Performance Stock Units — 708,713 shares (Direct, null)

Footnotes (1)

1. Each performance stock unit ("PSU") is the economic equivalent of a share of common stock and represents the right to receive one share of common stock at vesting. The PSUs will incrementally vest when the Company's closing price, as reported on NASDAQ, based on a five-day trailing average: (i) meets or exceeds $3.00 per share, as to one-third of the PSUs; (ii) meets or exceeds $4.00 per share, as to one-third of the PSUs; and (iii) meets or exceeds $5.00 per share, as to one-third of the PSUs. To the extent any PSUs have not vested by December 31, 2030, such PSUs shall be forfeited in their entirety.

Key Figures

PSUs granted: 500,000 units Total derivative holdings after grant: 708,713 units First vesting price hurdle: $3.00 per share +3 more

6 metrics

PSUs granted 500,000 units Performance stock unit award to Treasurer & CFO on June 1, 2026

Total derivative holdings after grant 708,713 units Derivative securities held following the reported transaction

First vesting price hurdle $3.00 per share Five-day trailing average NASDAQ closing price for one-third of PSUs

Second vesting price hurdle $4.00 per share Five-day trailing average NASDAQ closing price for one-third of PSUs

Third vesting price hurdle $5.00 per share Five-day trailing average NASDAQ closing price for one-third of PSUs

PSU forfeiture date December 31, 2030 Unvested PSUs are forfeited after this date

Key Terms

Performance Stock Units, economic equivalent, five-day trailing average, vesting, +1 more

5 terms

Performance Stock Units financial

"Each performance stock unit ("PSU") is the economic equivalent of a share of common stock"

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

economic equivalent financial

"Each performance stock unit ("PSU") is the economic equivalent of a share of common stock"

five-day trailing average financial

"closing price, as reported on NASDAQ, based on a five-day trailing average"

vesting financial

"represents the right to receive one share of common stock at vesting"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

forfeited financial

"To the extent any PSUs have not vested by December 31, 2030, such PSUs shall be forfeited"

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Form 4 Insider Transactions: What Each Field Means →

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^*

Tierney Conor B

(Last) (First) (Middle)

4670 WILLOW ROAD

(Street)

PLEASANTON CALIFORNIA 94588

(City) (State) (Zip)

UNITED STATES

(Country)

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

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

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/01/2026

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

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
Performance Stock Units	(1)	06/01/2026		A		500,000		(2)	12/31/2030	Common Stock	500,000	$0	708,713	D

Explanation of Responses:

1. Each performance stock unit ("PSU") is the economic equivalent of a share of common stock and represents the right to receive one share of common stock at vesting.

2. The PSUs will incrementally vest when the Company's closing price, as reported on NASDAQ, based on a five-day trailing average: (i) meets or exceeds $3.00 per share, as to one-third of the PSUs; (ii) meets or exceeds $4.00 per share, as to one-third of the PSUs; and (iii) meets or exceeds $5.00 per share, as to one-third of the PSUs. To the extent any PSUs have not vested by December 31, 2030, such PSUs shall be forfeited in their entirety.

	/s/ Siraj Husain by power of attorney previously filed	06/02/2026
	** 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)

FAQ

What insider transaction did AEye (LIDR) report for CFO Conor Tierney?

AEye reported that Treasurer & CFO Conor B. Tierney received 500,000 performance stock units. These PSUs are compensation-related awards that may convert into common shares if specific stock price and time-based vesting conditions are met by December 31, 2030.

How many performance stock units were granted in the latest AEye (LIDR) Form 4?

The Form 4 shows a grant of 500,000 performance stock units to AEye’s Treasurer & CFO. Each PSU represents the right to receive one share of common stock upon vesting, subject to stock price hurdles and a final vesting deadline of December 31, 2030.

What are the vesting conditions for AEye (LIDR) CFO’s new performance stock units?

The PSUs vest in three equal parts when AEye’s NASDAQ closing price, using a five-day trailing average, reaches $3.00, $4.00, and $5.00 per share. Any units not vested by December 31, 2030 are forfeited, linking the award to long-term share price performance.

How many AEye (LIDR) derivative securities does the CFO hold after this Form 4?

After the reported grant, Treasurer & CFO Conor B. Tierney holds 708,713 derivative securities tied to AEye’s common stock. This total includes the 500,000 newly granted performance stock units that may settle into common shares if vesting conditions are satisfied.

Are the AEye (LIDR) performance stock units granted to the CFO immediately exercisable?

The granted performance stock units are not immediately exercisable; they vest only if specific stock price targets are met. Vesting requires five-day average closing prices of $3.00, $4.00, and $5.00 per share, with all unvested units forfeited after December 31, 2030.