HUGHES ANDREW S 4
Research Summary
AI-generated summary
AEye GC Andrew S. Hughes Withholds 16,482 Shares for Taxes
What Happened
Andrew S. Hughes, Secretary and General Counsel of AEye, had 16,482 restricted stock units (RSUs) net-settled on Feb 15, 2026. The filing shows 16,482 shares were disposed at $1.65 per share for a reported value of $27,195. Per the filer’s footnote, this was a tax-withholding net settlement related to RSU vesting — no shares were sold on the open market.
Key Details
- Transaction date: 2026-02-15; filing date: 2026-02-17 (appears timely).
- Shares involved: 16,482 withheld at $1.65 per share, reported value $27,195.
- Transaction code: F (tax withholding / net settlement of award).
- Footnote: The transaction represents net settlement of vested RSUs and shares were withheld to satisfy tax obligations; no open-market sale.
- Shares owned after transaction: not specified in the provided filing.
Context
Net settlements to cover taxes on vested RSUs are routine and do not reflect an open-market sale or an additional cash purchase. This reduces the number of shares issued to the insider but is generally an administrative event tied to compensation vesting, not necessarily a signal about the insider’s view of the company.