Insider Filing: AEye Secretary Withholds 416 RSUs for Taxes, No Sale

Rhea-AI Filing Summary

AEye, Inc. (LIDR) Form 4 filed for Andrew S. Hughes. The filing reports a 09/15/2025 net settlement of restricted stock units upon vesting with 416 shares withheld to satisfy tax withholding at an implied per-share withholding value of $2.70. Following the withholding, Mr. Hughes beneficially owns 82,171 shares as a direct owner and is identified as an officer (Secretary & General Counsel) and director. The filer attests no shares were sold in the transaction; the entry is a tax-related share-for-share withholding tied to equity compensation.

Insights

Financial Analyst

TL;DR: Routine insider tax withholding on vested RSUs, minimal ownership change relative to total shares outstanding.

The report documents a common administrative equity event: net settlement of vested restricted stock units with 416 shares withheld for taxes at $2.70 per share, leaving the reporting person with 82,171 shares. There is no cash sale and no change to voting power except the mechanical reduction from withholding. This is a non-material, routine insider transaction that does not signal a change in investment stance.

Corporate Governance Expert

TL;DR: Procedural compliance with Section 16 reporting; event reflects standard executive compensation mechanics.

The Form 4 is properly executed by power of attorney and discloses the reporting person's roles as officer and director. The explanation clarifies the withholding relates solely to tax obligations on RSU vesting and explicitly states no shares were sold. From a governance perspective this is transparent and consistent with routine compensation administration.

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

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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^*

HUGHES ANDREW S

(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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Secretary & General Counsel

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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	09/15/2025		F(1)		416	D	$2.7	82,171	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 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.

	/s/ Siraj Husain by power of attorney previously filed	09/17/2025
	** 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

What did Andrew S. Hughes report on Form 4 for LIDR?

The filing reports a 09/15/2025 net settlement of RSUs with 416 shares withheld for tax, leaving him with 82,171 shares beneficially owned.

Were any shares sold in this transaction?

No. The filing states no shares were sold; the shares were withheld only to satisfy tax withholding obligations.

What price was used for the withholding?

The transaction shows an implied withholding value of $2.70 per share.

What is Mr. Hughes's role at AEye, Inc. as disclosed?

He is reported as Secretary & General Counsel and a Director of AEye, Inc.

Who signed the Form 4 filing?

The form was signed by /s/ Siraj Husain by power of attorney previously filed on 09/17/2025.