Form 4: Aehr Test Systems VP Alistair N. Sporck Reports Stock Transaction
SEC Form 4 Filing
Aehr Test Systems VP Alistair N. Sporck reports disposition of shares to cover tax obligations and discloses holdings including unvested restricted stock units.
Summary
- On April 18, 2024, Alistair N. Sporck, VP of Contactor Business Unit at Aehr Test Systems, reported a transaction involving common stock.
- 383 shares were disposed of to satisfy tax withholding obligations at a price of $10.82 per share.
- Following the transaction, Sporck directly owns 16,923 shares and indirectly owns 1,181 shares through a trust.
- The reported amount includes shares subject to unvested restricted stock units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
This is a routine disclosure related to insider transactions and is a standard part of regulatory compliance for company executives.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine sale of shares to cover tax obligations.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Power of Attorney executed, authorizing Gayn Erickson, Chris Siu, Adil Engineer and Vernon Rogers to act on behalf of Alistair N. Sporck for Section 16 filings. |
| April 18, 2024 | Transaction date: Alistair N. Sporck disposed of shares to cover tax obligations. |
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