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 shares to cover tax obligations upon vesting of restricted stock units.
Summary
- Vernon Rogers, an Executive VP at Aehr Test Systems, filed a Form 4 on April 29, 2025, reporting a transaction on April 28, 2025.
- 209 shares of common stock were withheld to satisfy tax obligations related to the vesting of restricted stock units at a price of $8.76 per share.
- Following the transaction, Rogers directly owns 49,157 shares of Aehr Test Systems, including unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a routine 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.
Comparison to Industry Standards
- Executive compensation practices, including the use of restricted stock units and tax withholding, are standard across the technology industry.
- Companies like Teradyne and Advantest also utilize similar equity-based compensation plans for their executives.
Stakeholder Impact
- The transaction has a minimal direct impact on shareholders, as it relates to tax obligations on existing equity compensation.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Date of Power of Attorney execution. |
| April 28, 2025 | Date of stock transaction (tax withholding). |
| April 29, 2025 | Date of Form 4 filing. |
Keywords
Form 4, Aehr Test Systems, Vernon Rogers, Stock Transaction, Executive VP, Beneficial Ownership, Restricted Stock Units, Tax Withholding
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