Erickson Gayn 4
Research Summary
AI-generated summary
Aehr Test Systems (AEHR) CEO Erickson Gayn Withholds 820 Shares for Taxes
What Happened
- Erickson Gayn, President, CEO and Director of Aehr Test Systems (AEHR), had 820 shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units. The withholding was reported as a disposition (code F) at $27.75 per share, totaling $22,755. According to the filing footnote, this withholding does not represent a sale by the reporting person.
Key Details
- Transaction date: 2026-01-27
- Transaction type/code: F — shares withheld for tax liability (payment of exercise price or tax)
- Shares withheld/disposed: 820 shares at $27.75 each; total value $22,755
- Shares owned after transaction: not specified in the filing excerpt provided
- Footnotes: F1 clarifies shares were withheld to satisfy tax withholding on RSU vesting (not an open-market sale). F2 notes reported amounts may include shares subject to unvested RSUs and unvested restricted shares.
- Filing timeliness: Form filed 2026-01-27 (same day), indicating a timely report.
Context
- Withholding to cover taxes on vested awards is a routine administrative action and does not necessarily signal a change in insider sentiment. This was a tax-withholding disposition rather than an open-market sale or purchase; the reporting person did not sell the shares on the market.