Form 4: Aehr Test Systems Executive VP Vernon Rogers Reports Stock Transactions
SEC Form 4
Executive VP of Sales & Marketing at Aehr Test Systems, Vernon Rogers, reports the withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- Vernon Rogers, Executive VP of Sales & Marketing at Aehr Test Systems, reported transactions involving common stock.
- On July 13, 2024, 300 shares were withheld at a price of $16.43 to cover tax obligations.
- On July 14, 2024, 853 shares were withheld at a price of $16.43 to cover tax obligations.
- Following these transactions, Rogers beneficially owns 51,495 shares, including unvested restricted stock units.
Sentiment
Score: 7
Explanation: The document is a standard SEC filing detailing stock transactions, which is neutral in sentiment. The transactions relate to tax obligations, which is a normal part of executive compensation.
Industry Context
This is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minimal impact on shareholders as they relate to tax obligations on vested stock.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Date of Power of Attorney execution. |
| July 13, 2024 | Transaction date: 300 shares withheld for tax obligations. |
| July 14, 2024 | Transaction date: 853 shares withheld for tax obligations. |
| July 16, 2024 | Date of signature for the report. |
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