Director’s spouse sells 40,000 Aehr (AEHR) shares in Form 4 amendment

Q: What are Geoffrey Scott Gates’ AEHR share holdings after the transactions?

After the corrected sales, his spouse’s indirect holdings total 100,000 Aehr Test Systems shares. He also holds 52,864 shares directly and 60,686 shares indirectly through a trust, providing a snapshot of his combined direct and indirect ownership positions after the April 9, 2026 trades.

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

4/A

Rhea-AI Filing Summary

Aehr Test Systems director Geoffrey Scott Gates filed an amended Form 4 to correct details of previously reported stock sales on April 9, 2026. The amendment updates share counts and prices for his spouse’s indirect open-market sales of company common stock.

The corrected data show three sales totaling 40,000 shares of common stock at prices of $68.00, $68.12, and $67.79 per share. After these transactions, his spouse held 100,000 shares indirectly, while he also held 52,864 shares directly and 60,686 shares indirectly through a trust.

Insider Trade Summary

Net Seller: 40,000 shares ($2,720,900)

Net Sell 5 txns

Insider SCOTT GEOFFREY GATES

Role Director

Sold 40,000 shs ($2.72M)

Type	Security	Shares	Price	Value
Sale	Common Stock	5,000	$68.00	$340K
Sale	Common Stock	25,000	$68.12	$1.70M
Sale	Common Stock	10,000	$67.79	$678K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 135,000 shares (Indirect, By Spouse); Common Stock — 52,864 shares (Direct)

Footnotes (1)

This amendment is being filed to correct price reported on the Form 4 filed on 4/10/2026. Column 4 of Table I, price previously reported $67.75; the correct price is $68.12. This amendment is being filed to correct Security Disposed on the Form 4 filed on 4/10/2026. Column 4 of Table I, amount previously reported 5,000; the correct amount is 10,000. This amendment is being filed to correct price reported on the Form 4 filed on 4/10/2026. Column 4 of Table I, price previously reported $67.90; the correct price is $67.79. This amendment is being filed to correct the amount of securities beneficially owned following the transaction reported on the Form 4 filed on 4/10/2026. Column 5 of Table I previously reported 105,000 shares; the correct amount is 100,000 shares.

Key Figures

Total shares sold: 40,000 shares First sale block: 5,000 shares at $68.00 Second sale block: 25,000 shares at $68.12 +5 more

8 metrics

Total shares sold 40,000 shares Net open-market sales on April 9, 2026

First sale block 5,000 shares at $68.00 Common Stock, spouse’s indirect holding

Second sale block 25,000 shares at $68.12 Corrected price per amendment footnote

Third sale block 10,000 shares at $67.79 Corrected price per amendment footnote

Spouse indirect holding 100,000 shares Beneficially owned following transactions

Direct holding 52,864 shares Director’s direct ownership after transactions

Trust indirect holding 60,686 shares Indirect ownership by trust after transactions

Net buy/sell direction -40,000 shares Net-sell across reported transactions

Key Terms

open-market sale, indirect ownership, beneficially owned, Form 4 amendment, +1 more

5 terms

open-market sale financial

"transaction_action: "open-market sale" and description of sale in open market"

An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.

indirect ownership financial

"ownership_type: "indirect" and nature_of_ownership fields for spouse and trust"

beneficially owned financial

"footnote: "amount of securities beneficially owned following the transaction""

Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.

Form 4 amendment regulatory

"footnotes state "This amendment is being filed to correct" the Form 4"

By Trust financial

"nature_of_ownership: "By Trust" for one indirect holding entry"

Form 4 Insider Transactions: What Each Field Means →

04/15/2026 - 05:11 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SCOTT GEOFFREY GATES

(Last)

(First)

(Middle)

C/O AEHR TEST SYSTEMS

400 KATO TERRACE

(Street)

FREMONT

CALIFORNIA

94539

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AEHR TEST SYSTEMS [ AEHR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)
04/10/2026

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/09/2026		S		5,000	D	$68	135,000	I	By Spouse
Common Stock	04/09/2026		S		25,000	D	$68.12⁽¹⁾	110,000	I	By Spouse
Common Stock	04/09/2026		S		10,000⁽²⁾	D	$67.79⁽³⁾	100,000⁽⁴⁾	I	By Spouse
Common Stock								52,864	D
Common Stock								60,686	I	By Trust

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. This amendment is being filed to correct price reported on the Form 4 filed on 4/10/2026. Column 4 of Table I, price previously reported $67.75; the correct price is $68.12.

2. This amendment is being filed to correct Security Disposed on the Form 4 filed on 4/10/2026. Column 4 of Table I, amount previously reported 5,000; the correct amount is 10,000.

3. This amendment is being filed to correct price reported on the Form 4 filed on 4/10/2026. Column 4 of Table I, price previously reported $67.90; the correct price is $67.79.

4. This amendment is being filed to correct the amount of securities beneficially owned following the transaction reported on the Form 4 filed on 4/10/2026. Column 5 of Table I previously reported 105,000 shares; the correct amount is 100,000 shares.

Remarks:

	/s/Chris Siu, Attorney-in-Fact	04/15/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider activity did AEHR director Geoffrey Scott Gates report?

Geoffrey Scott Gates reported corrected insider sales related to his spouse’s holdings. The amended Form 4 shows three open-market sales totaling 40,000 Aehr Test Systems shares on April 9, 2026, with updated share amounts and per-share prices reflecting accurate transaction details.

How many AEHR shares were sold in the amended Form 4 filing?

The amended Form 4 shows total sales of 40,000 Aehr Test Systems common shares. These consist of three separate open-market transactions by his spouse’s indirect holdings, with corrected amounts of 5,000, 25,000, and 10,000 shares, each reported with its own corrected sale price.

What sale prices were corrected in the AEHR Form 4/A amendment?

The amendment corrects earlier reported prices to $68.12 and $67.79 per share for two of the transactions. It also confirms another sale at $68.00 per share, ensuring the reported open-market sale prices match the actual executed trade prices for each block.

Why was an amendment to the original AEHR Form 4 necessary?

The amendment was filed to correct previously reported trade prices, share amounts, and post-transaction ownership totals. Footnotes explain that the original Form 4 had errors in column 4 prices, the number of securities disposed, and the number of shares beneficially owned after the transactions.