Form 4: AEye Inc. Executive Andrew Hughes Reports Share Transaction
SEC Form 4 Filing
Andrew Hughes, Secretary & General Counsel of AEye Inc., reports a transaction involving common stock related to the vesting of a restricted stock unit award.
Summary
- On April 15, 2025, Andrew Hughes, Secretary & General Counsel of AEye Inc., reported a transaction involving the company's common stock.
- The transaction involved the withholding of 416 shares to satisfy tax obligations related to the vesting of a restricted stock unit award.
- The price per share for the transaction was $0.6589.
- Following the transaction, Hughes directly owns 86,369 shares of AEye Inc. common stock.
Sentiment
Score: 5
Explanation: The sentiment is neutral as the filing simply reports a routine transaction related to tax obligations on vested stock.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to track potential alignment or misalignment of interests between management and shareholders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations related to stock vesting.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction involving common stock. |
| 04/16/2025 | Date of signature for the report. |
Keywords
Form 4, Beneficial Ownership, AEye Inc., LIDR, Andrew Hughes, Restricted Stock Unit, Tax Withholding
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