Form 4: Aehr Test Systems Executive VP Reports Stock Transaction
SEC Form 4 Filing
Alberto Salamone, EVP of PPBI Business at Aehr Test Systems, reports a transaction involving common stock due to tax withholding obligations upon vesting of restricted stock units.
Summary
- On February 1, 2025, Alberto Salamone, EVP of PPBI Business at Aehr Test Systems, had 245 shares of common stock withheld to cover tax obligations related to the vesting of restricted stock units.
- The price per share for the transaction was $10.77.
- Following the transaction, Salamone beneficially owns 58,571 shares of Aehr Test Systems, including unvested restricted stock units.
- A power of attorney was executed on November 1, 2024, authorizing Gayn Erickson, Chris Siu, and Vernon Rogers to complete and file SEC forms on Salamone's behalf.
Sentiment
Score: 7
Explanation: The document is a standard SEC filing related to stock transactions. It doesn't contain any particularly positive or negative information, but reflects normal executive compensation practices.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minor impact on shareholders as it involves a small number of shares withheld for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 2024-11-01 | Date of execution of Power of Attorney. |
| 2025-02-01 | Date of stock transaction (tax withholding). |
| 2025-02-25 | Date of signature for the Form 4 filing. |
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