Form 4: Aehr Test Systems CTO Donald P. Richmond II Reports Stock Transaction
SEC Form 4 Filing
Donald P. Richmond II, CTO of Aehr Test Systems, reports the withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On July 11, 2024, Donald P. Richmond II, the CTO of Aehr Test Systems, reported a transaction involving common stock.
- 149 shares were disposed of to satisfy tax withholding obligations upon the vesting of restricted stock units at a price of $15.11.
- Following the transaction, Richmond directly owns 175,152 shares of Aehr Test Systems, which includes unvested restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report on a routine stock transaction related to tax obligations. It doesn't indicate positive or negative sentiment.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Date of Power of Attorney execution. |
| July 11, 2024 | Date of stock transaction (disposal of shares for tax withholding). |
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