Form 4: Aehr Test Systems CTO Donald P. Richmond II Reports Tax Withholding Transaction
SEC Form 4 Filing
Donald P. Richmond II, CTO of Aehr Test Systems, reports a transaction involving the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On April 11, 2025, Donald P. Richmond II, the CTO of Aehr Test Systems, reported a transaction on Form 4.
- The transaction involved the withholding of 328 shares of common stock at a price of $8.515 per share to satisfy tax withholding obligations related to the vesting of restricted stock units.
- Following the transaction, Richmond directly owns 186,544 shares of Aehr Test Systems, which includes unvested restricted stock units.
- Richmond has granted power of attorney to Gayn Erickson, Chris Siu, Adil Engineer, and Vernon Rogers to handle SEC filings related to his transactions in Aehr Test Systems securities.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. There is no information to suggest a positive or negative outlook, hence a neutral sentiment score.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax withholding procedure.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Date of execution of the Power of Attorney. |
| April 11, 2025 | Date of the reported transaction (tax withholding). |
Keywords
Form 4, Aehr Test Systems, Donald P. Richmond II, CTO, Tax Withholding, Restricted Stock Units, Beneficial Ownership, Securities, Transaction
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