Research Summary
AI-generated summary of this SEC filing
AEye (LIDR) CFO Conor Tierney Receives 100,000 RSU Award
What Happened
Conor Tierney, AEye's Treasurer & Chief Financial Officer, was granted 100,000 restricted stock units (RSUs) on September 2, 2026. The units were awarded at $0.00 per share (total reported value $0) and will convert one-for-one into common stock at vesting. This was an award (not a purchase or sale) and therefore is a compensation grant rather than an open-market trade.
Key Details
- Transaction date: 2026-09-02; Form filed: 2026-09-08 (filed 6 days after the award date; Form 4s are generally due within 2 business days).
- Transaction code: A (Award/Grant/Other Acquisition).
- Shares/units granted: 100,000 RSUs. Price per share: $0.00. Reported dollar value: $0.
- Vesting: 100% of the award vests on November 15, 2026 (per filing footnote). RSUs convert to common stock on a one-for-one basis at vesting.
- Shares owned after transaction: not disclosed in the information provided.
- Footnote: F1 clarifies these are restricted stock units that convert into common stock at vesting.
Context
RSU awards are a common form of executive compensation and do not represent a market purchase or sale; they don't by themselves signal a buy/sell decision. The timing of the Form 4 filing (Sept 8) is later than the typical two-business-day deadline for reporting insider transactions, which may be noted by investors though the filing does disclose the grant details and vesting schedule.