STOCK TITAN

Director at Aehr (NASDAQ: AEHR) logs 35,000-share stock sale

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Aehr Test Systems director Geoffrey Scott Gates reported indirect open-market sales of AEHR common stock made by his spouse. On April 9, 2026, the spouse sold a total of 35,000 shares in three transactions at prices between $67.75 and $68.00 per share.

After these sales, the filing shows the spouse holding 105,000 indirect shares, while an additional 60,686 shares are held indirectly by a trust and 52,864 shares are held directly by Gates. A footnote states the reported amounts include shares subject to unvested restricted stock units.

Positive

  • None.

Negative

  • None.
Insider SCOTT GEOFFREY GATES
Role Director
Sold 35,000 shs ($2.37M)
Type Security Shares Price Value
Sale Common Stock 5,000 $68.00 $340K
Sale Common Stock 25,000 $67.75 $1.69M
Sale Common Stock 5,000 $67.90 $340K
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)
  1. [object Object]
Shares sold 35,000 shares Total AEHR common shares sold on April 9, 2026
Sale prices $68.00, $67.75, $67.90 per share Per-share prices for the three open-market sales
Indirect holdings by spouse 105,000 shares AEHR common stock indirectly held by spouse after sales
Direct holdings 52,864 shares AEHR common stock held directly by Geoffrey Scott Gates after transactions
Indirect holdings by trust 60,686 shares AEHR common stock held indirectly by trust after transactions
open-market sale financial
"transaction_action: "open-market sale" for each sale of common stock"
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" with nature of ownership noted as "By Spouse""
restricted stock units financial
"footnote states the amount reported includes shares subject to unvested restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) summarizing the insider transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
non-derivative financial
"transaction_type: "non-derivative" for the common stock sales entries"
SEC Form 4
FORM 4UNITED 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)
XDirector10% Owner
Officer (give title below)Other (specify below)
Director
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/09/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock04/09/2026S5,000D$68135,000IBy Spouse
Common Stock04/09/2026S25,000D$67.75110,000IBy Spouse
Common Stock04/09/2026S5,000D$67.9105,000IBy Spouse
Common Stock52,864(1)D
Common Stock60,686IBy 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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The amount reported includes shares subject to unvested restricted stock units.
Remarks:
/s/Chris Siu, Attorney-in-Fact04/10/2026
** Signature of Reporting PersonDate
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)

FAQ

What did AEHR director Geoffrey Scott Gates report in this Form 4 for AEHR?

Geoffrey Scott Gates reported that his spouse sold AEHR common stock in open-market transactions. The filing shows three sales totaling 35,000 shares on April 9, 2026, and updates his and related entities’ remaining direct and indirect share holdings.

How many AEHR shares were sold in the latest insider transactions for AEHR?

The filing reports open-market sales totaling 35,000 AEHR common shares. These occurred in three trades of 5,000, 25,000, and 5,000 shares respectively, all dated April 9, 2026, and attributed to indirect ownership through the director’s spouse.

At what prices were the AEHR shares sold in Geoffrey Scott Gates’s Form 4?

The reported AEHR sales occurred at per-share prices of $68.00, $67.75, and $67.90. All three trades were categorized as open-market sales of common stock indirectly owned through the spouse of director Geoffrey Scott Gates on April 9, 2026.

What are Geoffrey Scott Gates’s remaining AEHR share holdings after these transactions?

After the reported sales, the spouse holds 105,000 AEHR shares indirectly. The Form 4 also lists 60,686 AEHR shares held indirectly by a trust and 52,864 AEHR shares held directly by Geoffrey Scott Gates, including shares subject to unvested restricted stock units.

Are restricted stock units mentioned in the AEHR Form 4 for Geoffrey Scott Gates?

Yes. A footnote explains that the reported amounts include shares subject to unvested restricted stock units. This means some of the AEHR share counts shown in the holdings reflect awards that have been granted but are not yet fully vested.