Form 4: Aehr Test Systems CFO Chris Siu Reports Stock Transactions
SEC Form 4 Filing
CFO of Aehr Test Systems, Chris Siu, reports the disposal of shares to cover tax obligations and discloses holdings including unvested restricted stock units.
Summary
- On June 3, 2024, Chris Siu, CFO of Aehr Test Systems, reported a transaction involving common stock.
- 339 shares were disposed of to satisfy tax withholding obligations at a price of $11.17 per share.
- Following the transaction, Siu directly owns 14,011 shares, which includes shares subject to unvested restricted stock units.
- Siu also indirectly owns 1,600 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a neutral regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive stock transactions and is a standard practice for publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine disposal of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| 06/03/2024 | Date of stock transaction (disposal of shares for tax obligations). |
| 06/13/2024 | Date of signature for the report. |
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