Form 4: Aehr Test Systems Executive VP Vernon Rogers Reports Share Acquisition and Disposal
SEC Form 4 Filing
Vernon Rogers, Executive VP of Sales & Marketing at Aehr Test Systems, reports acquiring and disposing of common stock on July 11, 2024, according to a Form 4 filing.
Summary
- Vernon Rogers, an Executive VP at Aehr Test Systems, filed a Form 4 detailing changes in beneficial ownership of the company's stock.
- On July 11, 2024, Rogers acquired 13,368 shares of common stock.
- The filing also indicates a disposal of shares, with the price listed as $0.
- Following these transactions, Rogers beneficially owns 52,648 shares, including unvested restricted stock units.
- The filing was signed by Chris Siu, Attorney-in-Fact, on July 15, 2024.
- A previous power of attorney document was included, executed on June 2, 2023, granting Gayn Erickson, Chris Siu, and Adil Engineer the authority to complete and file forms related to Section 16 of the Securities Exchange Act of 1934.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, so the sentiment is neutral.
Industry Context
This filing is a routine disclosure related to insider trading regulations and provides transparency into the transactions of company executives.
Stakeholder Impact
- Shareholders are informed about the transactions of a key executive, providing transparency.
Key Dates
| Date | Description |
|---|---|
| 2023-06-02 | Date of Power of Attorney execution. |
| 2024-07-11 | Date of stock acquisition and disposal. |
| 2024-07-15 | Date of Form 4 signature. |
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