Form 4: Aehr Test Systems Executive VP Vernon Rogers Reports Tax Withholding Transaction
SEC Form 4 Filing
Vernon Rogers, Executive VP of Sales & Marketing at Aehr Test Systems, reports a transaction involving the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- On October 27, 2024, Vernon Rogers, Executive VP of Sales & Marketing at Aehr Test Systems, reported a transaction on Form 4.
- The transaction involved the withholding of 139 common stock shares at a price of $15.84 to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following the transaction, Rogers beneficially owns 50,862 shares of Aehr Test Systems, which includes unvested restricted stock units.
- Rogers has granted power of attorney to Gayn Erickson, Chris Siu, and Adil Engineer to handle Section 16 filings related to Aehr Test Systems securities.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing related to tax withholding, indicating a neutral sentiment.
Industry Context
This is a routine filing related to executive compensation and tax obligations, common in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Date of execution of the Power of Attorney. |
| October 27, 2024 | Date of the transaction (tax withholding of shares). |
| October 29, 2024 | Date of signature of the report by Chris Siu, Attorney-in-Fact. |
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