Form 4: AEye CFO Conor Tierney Reports Share Withholding for Tax Obligations
SEC Form 4 Filing
AEye's CFO, Conor Tierney, reports a transaction involving the withholding of shares to cover tax obligations related to the vesting of a restricted stock unit award.
Summary
- On May 15, 2025, Conor Tierney, the Treasurer & CFO of AEye, Inc., had 2,788 shares of common stock withheld to cover tax obligations related to the vesting of a restricted stock unit award.
- The price per share for the withholding was $0.6929.
- Following the transaction, Tierney directly owns 174,260 shares of AEye, Inc.
- The transaction was executed pursuant to Rule 10b5-1(c).
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction related to tax obligations. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
This Form 4 filing is a routine disclosure related to insider transactions and is a standard practice for publicly traded companies. It provides transparency into the trading activities of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a routine share withholding for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 05/15/2025 | Date of transaction: Share withholding for tax obligations. |
| 05/19/2025 | Date of signature by power of attorney. |
Keywords
AEye, LIDR, Conor Tierney, Form 4, insider trading, share withholding, tax obligations, restricted stock unit, beneficial ownership
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