Form 4: Aehr Test Systems VP Alistair N. Sporck Reports Share Transaction
SEC Form 4 Filing
Aehr Test Systems VP Alistair N. Sporck reports the withholding of shares to cover tax obligations upon vesting of restricted stock units.
Summary
- On April 11, 2025, Alistair N. Sporck, VP Contactor Business Unit of Aehr Test Systems, reported a transaction involving common stock.
- 250 shares were withheld to satisfy tax obligations upon the vesting of restricted stock units at a price of $8.515 per share.
- Following the transaction, Sporck directly owns 22,583 shares and indirectly owns 3,993 shares through a trust.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of insider transactions.
Industry Context
This is a routine disclosure related to insider transactions and is a standard practice for company executives.
Stakeholder Impact
- The transaction itself has minimal direct impact on stakeholders.
- Transparency in insider transactions helps maintain investor confidence.
Key Dates
| Date | Description |
|---|---|
| 2023-06-02 | Date of Power of Attorney execution. |
| 2025-04-11 | Date of the reported stock transaction (withholding of shares for tax obligations). |
Keywords
Form 4, Aehr Test Systems, Stock Transaction, Insider Trading, Beneficial Ownership, Section 16, Sporck, AEHR
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