Form 4: Aehr Test Systems Executive Reports Stock Transaction
SEC Form 4 Filing
Alistair N Sporck, VP Contactor Business Unit at Aehr Test Systems, reports a transaction involving common stock due to tax withholding obligations.
Summary
- On July 29, 2024, Alistair N Sporck, VP Contactor Business Unit at Aehr Test Systems, reported a transaction on Form 4.
- The transaction involved the withholding of 132 common stock shares at a price of $18.54 to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following the transaction, Sporck directly owns 24,321 shares and indirectly owns 1,181 shares through a trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard transaction related to tax obligations.
Industry Context
This is a routine disclosure related to executive compensation and tax obligations. It doesn't necessarily reflect a strategic shift or material event for Aehr Test Systems.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations on vested stock units.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Date of Power of Attorney execution. |
| July 29, 2024 | Date of stock transaction (tax withholding). |
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