Form 4: Aehr Test Systems Executive VP Vernon Rogers Reports Stock Transaction
SEC Form 4
Executive VP of Sales & Marketing at Aehr Test Systems, Vernon Rogers, reports disposition of shares to cover tax obligations.
Summary
- Vernon Rogers, Executive VP of Sales & Marketing at Aehr Test Systems, filed a Form 4 on April 30, 2024, reporting a transaction on April 29, 2024.
- The transaction involved the disposition of 134 shares of common stock at a price of $12.1 per share to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following the transaction, Rogers beneficially owns 39,481 shares, which includes unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
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 |
|---|---|
| June 2, 2023 | Date of Power of Attorney execution, authorizing Gayn Erickson, Chris Siu, and Adil Engineer to act on Vernon Rogers' behalf for Section 16 filings. |
| April 29, 2024 | Date of the stock transaction where 134 shares were disposed of to cover tax obligations. |
| April 30, 2024 | Date the Form 4 was signed and filed. |
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