Form 4: AEye Inc. Executive Andrew Hughes Reports Share Disposal for Tax Obligations
SEC Form 4 Filing
Andrew Hughes, Secretary & General Counsel of AEye Inc., reports disposing of 494 shares to cover tax obligations related to vesting restricted stock units.
Summary
- On April 15, 2024, Andrew Hughes, Secretary & General Counsel of AEye Inc., reported a transaction involving common stock.
- Hughes disposed of 494 shares at a price of $1.04 to cover tax obligations related to the vesting of a restricted stock unit award.
- Following the transaction, Hughes directly owns 70,605 shares of AEye Inc.
Sentiment
Score: 5
Explanation: This is a routine filing related to tax obligations, and does not indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market, and are required by the SEC to ensure transparency of trading by corporate insiders.
Key Dates
| Date | Description |
|---|---|
| 04/15/2024 | Date of transaction: disposal of shares to cover tax obligations. |
| 04/16/2024 | Date of signature on the report. |
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