Form 4: Aehr Test Systems Director Gayn Erickson Reports Stock Transaction
SEC Form 4 Filing
Director Gayn Erickson of Aehr Test Systems reports the withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- Gayn Erickson, President and CEO and a director of Aehr Test Systems, reported a transaction on April 28, 2025.
- The transaction involved the withholding of 850 common stock shares to satisfy tax obligations related to the vesting of restricted stock units.
- The price per share was $8.76.
- Following the transaction, Erickson directly owns 192,690 shares and indirectly owns 291,088 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations on vested stock units.
Key Dates
| Date | Description |
|---|---|
| 2023-06-02 | Date of Power of Attorney execution. |
| 2025-04-28 | Date of the stock transaction (tax withholding). |
| 2025-04-29 | Date of signature for the Form 4 filing. |
Keywords
Form 4, Aehr Test Systems, Gayn Erickson, Stock Transaction, Director, Officer, Beneficial Ownership, Tax Withholding, Restricted Stock Units
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.