Tierney Conor B 4

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.