Tierney Conor B 4
Research Summary
AI-generated summary
AEye (LIDR) CFO Conor Tierney Withholds 29,342 Shares for Taxes
What Happened
- Conor B. Tierney, Treasurer & Chief Financial Officer of AEye, reported a net settlement related to the vesting of restricted stock units. On 2026-02-15, 29,342 shares were withheld to satisfy tax withholding obligations at a price of $1.65 per share, representing $48,414 in value. This was a tax-withholding/net settlement of RSUs — not an open-market sale.
Key Details
- Transaction date: 2026-02-15; Filing date: 2026-02-17 (timely Form 4 filing).
- Shares withheld/“disposed”: 29,342 at $1.65 per share; total value shown $48,414.
- Shares owned after transaction: not specified in the provided filing.
- Footnote: The filing (F1) states this was a net settlement for RSU vesting and shares were withheld to satisfy taxes; no shares were sold.
- Transaction code: F (tax withholding/net share settlement).
Context
- Net settlement of RSUs is a common practice where a portion of vested shares is retained by the company to cover taxes; it does not indicate an active decision to sell shares on the market. Retail investors typically view such withholdings as administrative, not a directional insider trade. Purchases or open-market sales by insiders tend to be more informative about personal market views.