Form 4: Aehr Test Systems CFO Chris Siu Reports Stock Transaction

Aehr Test Systems CFO Chris Siu reported a transaction involving the withholding of 348 shares to cover tax obligations related to vesting restricted stock units.

Summary

• Chris Siu, the CFO of Aehr Test Systems, reported a transaction on December 2, 2024.
• The transaction involved the withholding of 348 shares of common stock to cover tax obligations.
• This withholding occurred due to the vesting of restricted stock units.
• The price per share for the transaction was $12.7.
• Following the transaction, Siu directly owns 43,661 shares and indirectly owns 2,027 shares through a trust.
• The reported amount includes shares subject to unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a routine SEC filing for an insider transaction, which is neither positive nor negative.

Industry Context

This is a routine filing related to insider transactions and is common for publicly traded companies.

Comparison to Industry Standards

• Form 4 filings are standard practice for company insiders and are required by the SEC.
• The transaction is typical for executives receiving stock-based compensation.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine tax withholding event.

Key Dates

Keywords

Aehr Test Systems, insider trading, Form 4, stock transaction, Chris Siu, CFO, restricted stock units, tax withholding