Form 4: Aehr Test Systems Executive VP Vernon Rogers Reports Stock Transaction
SEC Form 4 Filing
Vernon Rogers, Executive VP of Sales & Marketing at Aehr Test Systems, reports the withholding of 201 common stock shares to cover tax obligations upon vesting of restricted stock units on July 11, 2024.
Summary
- On July 11, 2024, Vernon Rogers, Executive VP of Sales & Marketing at Aehr Test Systems, reported a transaction involving the company's common stock.
- 201 shares were withheld to satisfy tax obligations related to the vesting of restricted stock units.
- The price per share for the transaction was $15.11.
- Following the transaction, Rogers directly owns 39,280 shares of Aehr Test Systems, which includes unvested restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine stock transaction related to tax obligations. It doesn't indicate positive or negative sentiment.
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 minimal impact on stakeholders as it is a standard procedure for tax obligations related to executive compensation.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Date of Power of Attorney execution. |
| July 11, 2024 | Date of stock transaction. |
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