Form 4: AEHR CTO's Tax Withholding on RSU Vesting
Insider Transaction Report
AEHR Test Systems' CTO, Donald P. Richmond II, had 343 shares withheld for tax obligations related to restricted stock unit vesting on January 14, 2026.
Summary
- Donald P. Richmond II, Chief Technology Officer (CTO) of AEHR Test Systems, reported a transaction on January 14, 2026.
- 343 shares of AEHR common stock were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs).
- The shares were valued at $25.97 per share for the purpose of tax withholding.
- This transaction is explicitly stated not to represent a discretionary sale by the Reporting Person.
- Following this reported transaction, Mr. Richmond will beneficially own 213,334 shares of common stock, which includes shares subject to unvested restricted stock units.
- The transaction is indicated to be made pursuant to a contract, instruction, or written plan intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: The filing reports a routine, non-discretionary tax withholding event related to RSU vesting for an insider, which is neutral in terms of market sentiment.
Future Outlook
The filing details a future, pre-planned transaction for tax withholding related to restricted stock unit vesting, indicating ongoing equity compensation for the CTO.
Industry Context
This filing represents a routine insider transaction common across publicly traded companies where executives receive equity compensation in the form of restricted stock units. The withholding of shares for tax purposes upon vesting is a standard practice and does not reflect a discretionary sale or purchase by the insider.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Grant | Donald P. Richmond II granted Power of Attorney to Gayn Erickson, Chris Siu, Adil Engineer, and Vernon Rogers to execute and file Forms 3, 4, and 5 and related amendments on his behalf, ensuring compliance with Section 16 reporting requirements. | 2023-06-02 | Streamlines the process for the reporting person to comply with SEC filing obligations, enhancing administrative efficiency for insider trading disclosures. |
Stakeholder Impact
- Shareholders: Minimal direct impact as this is a routine, non-discretionary transaction for tax purposes, not a sale reflecting a change in investment conviction.
- Employees: Reflects standard equity compensation practices for executives.
Key Dates
| Date | Description |
|---|---|
| 2023-06-02 | Donald P. Richmond II granted Power of Attorney for Section 16 filings. |
| 2026-01-14 | Date of reported transaction for shares withheld for tax obligations upon RSU vesting. |
Keywords
AEHR, Form 4, insider transaction, restricted stock units, RSU vesting, tax withholding, CTO, Donald P. Richmond II, 10b5-1 plan
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