Form 4: Aehr Test Systems VP Alistair N. Sporck Reports Tax Withholding Transaction
SEC Form 4 Filing
Alistair N. Sporck, VP of Contractor Business Unit at Aehr Test Systems, reports a transaction involving the withholding of shares to cover tax obligations upon the vesting of restricted stock units.
Summary
- Alistair N. Sporck, a VP at Aehr Test Systems, filed a Form 4 on April 22, 2025, reporting a transaction on April 18, 2025.
- The transaction involved the withholding of 405 common stock shares to satisfy tax obligations related to the vesting of restricted stock units at a price of $7.96 per share.
- Following the transaction, Sporck directly owns 22,178 shares of common stock, including unvested restricted stock units, and indirectly owns 3,993 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing related to tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to monitor potential alignment between management's actions and company performance.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it relates to tax obligations on vested stock.
Key Dates
| Date | Description |
|---|---|
| 2023-06-02 | Date of Power of Attorney execution. |
| 2025-04-18 | Date of transaction (stock withholding for taxes). |
| 2025-04-22 | Date Form 4 was filed. |
Keywords
Form 4, Aehr Test Systems, Insider Trading, Stock Transaction, Beneficial Ownership, Section 16, Sporck, Tax Withholding, Restricted Stock Units
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