Tierney Conor B 4
4 · AEye, Inc. · Filed May 18, 2026
Research Summary
AI-generated summary of this filing
AEye (LIDR) CFO Conor Tierney Withholds 26,549 Shares
What Happened
Conor B. Tierney, Treasurer & Chief Financial Officer of AEye, had 26,549 shares withheld on May 15, 2026 to satisfy tax withholding in connection with the vesting of restricted stock units (RSUs). The withholding was reported at $1.89 per share for a total value of $50,178. This was a net settlement for taxes — not an open-market sale; no shares were sold.
Key Details
- Transaction date and reported price: May 15, 2026 — 26,549 shares withheld at $1.89/share (total $50,178). (Transaction code F: tax withholding/net settlement.)
- ESPP purchase noted: 6,250 shares were acquired under the company ESPP on April 30, 2026 at $1.7765/share (per footnote).
- Shares owned after transaction: Not specified in this Form 4 filing.
- Filing timeliness: Report filed May 18, 2026 — appears timely (within the Section 16 reporting window).
- Footnotes: F1 clarifies the transaction was a net settlement for RSU vesting and withholding; no shares were sold. F2 reports the separate ESPP acquisition since the last Section 16 filing.
Context
Net settlements like this are common when RSUs vest and the company withholds a portion of shares to cover required taxes; they do not indicate a cash sale or a transfer of economic interest. The ESPP purchase is a separate, affirmative buy under the employee plan and represents additional share accumulation.
Insider Transaction Report
- Tax Payment
Common Stock
[F1][F2]2026-05-15$1.89/sh−26,549$50,178→ 327,756 total
Footnotes (2)
- [F1]The transaction reported on this form represents a net settlement related to the vesting of a restricted stock unit award and the withholding of shares to satisfy tax withholding obligations in connection with the vesting event. No shares of stock were sold.
- [F2]The total reflects additional shares of common stock acquired under the Company's Employee Stock Purchase Plan (the "ESPP"), which shares were acquired following the Reporting Person's last Section 16 filing. Under the ESPP, 6,250 shares were acquired on April 30, 2026 at a transaction price of $1.776500 per share.