AEye, Inc., a company trading under the ticker LIDR.US, has filed an amendment to its Schedule 13D with the United States Securities and Exchange Commission (SEC) on May 21, 2024. The amendment was made by Luis Dussan, along with the Luis Dussan Trust A and the Jennifer Dussan Trust A, both established under the laws of California. The filing indicates that Luis Dussan, who is no longer an employee but remains a board member of AEye, has a combined beneficial ownership of 5.16% of AEye's common stock through direct holdings and the Luis Dussan Trust A. The Jennifer Dussan Trust A, also managed by Luis Dussan, holds an additional 0.05% of the common stock. The amendment follows a 1-for-30 reverse stock split by AEye on December 27, 2023, and reports several open market sales of AEye's common stock by the Luis Dussan Trust A between May 17 and May 21, 2024. The transactions were made at varying prices, with the reporting persons committing to provide full transaction details upon request.

AEye, Inc., a company trading under the ticker LIDR.US, has filed an amendment to its Schedule 13D with the United States Securities and Exchange Commission (SEC) on May 21, 2024. The amendment was made by Luis Dussan, along with the Luis Dussan Trust A and the Jennifer Dussan Trust A, both established under the laws of California. The filing indicates that Luis Dussan, who is no longer an employee but remains a board member of AEye, has a combined beneficial ownership of 5.16% of AEye's common stock through direct holdings and the Luis Dussan Trust A. The Jennifer Dussan Trust A, also managed by Luis Dussan, holds an additional 0.05% of the common stock. The amendment follows a 1-for-30 reverse stock split by AEye on December 27, 2023, and reports several open market sales of AEye's common stock by the Luis Dussan Trust A between May 17 and May 21, 2024. The transactions were made at varying prices, with the reporting persons committing to provide full transaction details upon request.