[Form 4] AEye, Inc. Insider Trading Activity

Rhea-AI Filing Summary

Tierney Conor B, a director and the Treasurer & CFO of AEye, Inc. (ticker LIDR), reported a transaction dated 08/15/2025 related to the net settlement of a restricted stock unit award. The filing shows 2,788 shares were withheld to satisfy tax obligations at a reported per-share price of $2.54, and 171,472 shares remain beneficially owned following the transaction. The Form 4 was filed late; the filer states the delay resulted from an inadvertent administrative clerical error and the filing corrects that error. The form clarifies that no shares were sold in the settlement.

Positive

• No sale occurred; the transaction was a net settlement for RSU vesting rather than an open-market sale
• Significant remaining ownership of 171,472 shares, indicating continued insider alignment with shareholders

Negative

• Late Form 4 filing due to an administrative clerical error, which raises a disclosure timeliness concern

Insights

Financial Analyst

TL;DR Officer fulfilled tax withholding on RSU vesting; no sale occurred, leaving a substantial ownership stake.

The reported transaction is a routine net settlement of vested restricted stock units where 2,788 shares were withheld to cover taxes at $2.54 per share, leaving 171,472 shares beneficially owned. This event does not represent a cash sale by the insider and therefore has limited immediate liquidity or valuation impact on the company. The late filing is disclosed as an administrative error; while not affecting the economics of the transaction, timeliness of insider disclosures matters for market transparency.

Corporate Governance Expert

TL;DR Routine equity compensation settlement with a late Form 4 filing attributed to clerical error; transparency concern but not materially adverse.

The disclosure indicates standard post-vesting tax withholding rather than a market sale, which preserves insider alignment with shareholders by maintaining 171,472 shares of ownership. The late filing raises a governance point about internal controls for timely Section 16 reporting; the filer states the delay was inadvertent and corrected. Investors typically view such late filings as procedural issues unless recurrent or accompanied by other irregularities.

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).

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 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)
	Treasurer & CFO

3. Date of Earliest Transaction (Month/Day/Year)
08/15/2025

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	08/15/2025(1)		F(2)		2,788	D	$2.54	171,472	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. This Form 4 is being filed late due to an inadvertent administrative error. The late filing resulted from a clerical mistake detected upon internal review. The error has been corrected by this filing.

2. 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	08/25/2025
	** 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).
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