Form 4: Aehr Test Systems VP Alistair N. Sporck Reports Share Transactions
SEC Form 4 Filing
Alistair N. Sporck, VP of Contractor Business Unit at Aehr Test Systems, reports acquisition and disposal of common stock, including shares from restricted stock units.
Summary
- Alistair N. Sporck, VP of Contractor Business Unit at Aehr Test Systems, filed a Form 4 detailing changes in beneficial ownership.
- On July 11, 2024, Sporck acquired 9,265 shares of common stock at $0 price.
- Sporck directly owns 26,037 shares of common stock following the reported transactions, which includes unvested restricted stock units.
- Sporck indirectly owns 1,181 shares through a trust.
- One-sixteenth of the restricted stock units become exercisable every three months, contingent upon continued employment.
Sentiment
Score: 5
Explanation: Neutral sentiment as it's a standard reporting of stock transactions by an officer.
Industry Context
This filing is a routine disclosure related to insider transactions and is a standard practice for corporate officers.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Date of Power of Attorney execution. |
| July 11, 2024 | Date of stock acquisition and disposal. |
| July 15, 2024 | Date of Form 4 signature. |
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