Aehr Test Systems Form 144 reveals small 3k-share insider sale

Rhea-AI Filing Summary

Aehr Test Systems (ticker AEHR) has filed a Form 144 indicating a planned sale of 3,000 common shares through Fidelity Brokerage Services on 15 July 2025. The proposed sale represents approximately 0.01 % of the company’s 29,771,410 shares outstanding and carries an aggregate market value of $42,390.

The shares to be sold were acquired via seven separate restricted-stock vesting events between 18 January 2024 and 11 January 2025, totaling exactly the 3,000 shares being registered. The filer reports no other sales in the past three months and affirms awareness of no undisclosed material adverse information about the company, in line with Rule 144 requirements.

Given the small size of the transaction relative to float and its origin from routine equity compensation, the filing is unlikely to be financially material for most investors, but it does add a data point to insider-trading dashboards.

Positive

• No sales reported in the prior three months, suggesting the filer is not in an ongoing liquidation program.
• Shares being sold were earned via compensation, implying the transaction is likely personal liquidity rather than negative operational signal.

Negative

• Insider intends to sell 3,000 shares, which, although small, can be perceived as a mild bearish signal on insider sentiment.

Insights

Financial Analyst

TL;DR: Insider plans to sell 3,000 AEHR shares (0.01% of float); immaterial impact.

The Form 144 discloses a routine, low-volume insider sale worth roughly $42k. All shares stem from recently vested restricted-stock awards, so the sale appears to be normal liquidity rather than a strategic exit. With fewer than 0.02 days’ average trading volume affected and no additional insider sales in the prior quarter, the event is neutral to valuation. Nonetheless, traders tracking insider sentiment may note the transaction, particularly if similar filings accumulate.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	3000	42390.00	29771410	07/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	01/18/2024	Restricted Stock Vesting	Issuer			938	01/18/2024	Compensation
Common	01/27/2024	Restricted Stock Vesting	Issuer			217	01/27/2024	Compensation
Common	07/18/2024	Restricted Stock Vesting	Issuer			611	07/18/2024	Compensation
Common	07/27/2024	Restricted Stock Vesting	Issuer			236	07/27/2024	Compensation
Common	10/11/2024	Restricted Stock Vesting	Issuer			372	10/11/2024	Compensation
Common	10/18/2024	Restricted Stock Vesting	Issuer			603	10/18/2024	Compensation
Common	01/11/2025	Restricted Stock Vesting	Issuer			23	01/11/2025	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

How many AEHR shares are being registered for sale under this Form 144?

The filing covers 3,000 common shares.

What is the market value of the shares to be sold?

The aggregate market value is $42,390.

When is the approximate sale date for the AEHR shares?

The filer indicates an approximate sale date of 15 July 2025.

What percentage of Aehr Test Systems’ outstanding shares does the sale represent?

The 3,000 shares equal roughly 0.01 % of the 29,771,410 shares outstanding.

Were any AEHR shares sold by this insider during the last three months?

No. The filing states "Nothing to Report" for sales in the past three months.