Form 4: Aehr Test Systems Executive Adil Engineer Reports Stock Transaction
SEC Form 4 Filing
Chief Operating Officer of Aehr Test Systems, Adil Engineer, reports disposition of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- Adil Engineer, Chief Operating Officer of Aehr Test Systems, filed a Form 4 on April 29, 2025, reporting a transaction on April 28, 2025.
- The transaction involved the disposition of 210 shares of common stock at a price of $8.76 per share to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following the transaction, Engineer beneficially owns 27,418 shares of Aehr Test Systems, including unvested restricted stock units.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a routine transaction disclosure.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares.
Key Dates
| Date | Description |
|---|---|
| 2023-06-02 | Date of Power of Attorney execution. |
| 2025-04-28 | Date of stock transaction. |
| 2025-04-29 | Date of Form 4 filing. |
Keywords
Form 4, Aehr Test Systems, Adil Engineer, Stock Transaction, Beneficial Ownership, Section 16
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