AEHR COO exercises options, sells 15,000 shares
AEHR TEST SYSTEMS Chief Operating Officer Adil Engineer reported a same-day option exercise and sale sequence.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
AEHR TEST SYSTEMS Chief Operating Officer Adil Engineer reported a same-day option exercise and sale sequence. He exercised options to acquire 15,000 shares of common stock at an exercise price of $9.45 per share, then sold 7,500 shares at $130.9549 and another 7,500 shares at $131.0950 per share. Following the derivative exercises, he reported remaining direct option holdings of 31,330 and 28,088 options in the respective grants. One reported amount of common stock includes shares subject to unvested restricted stock units.
Insider Trade Summary
Exercise and Sale: 15,000 shares ($1.82M approx. pre-tax spread)
Exercise and Sale
5 txns
Insider
ENGINEER ADIL
Role
Chief Operating Officer
Sold
15,000 shs ($1.97M)
Approx. gross sale proceeds
$1.97M
Approx. exercise cost
$142K
Approx. pre-tax spread
$1.82M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Option (right to buy) | 7,500 | $0.00 | $0.00 |
| Exercise | Non-Qualified Option (right to buy) | 7,500 | $0.00 | $0.00 |
| Exercise | Common Stock | 15,000 | $9.45 | $142K |
| Sale | Common Stock | 7,500 | $130.9549 | $982K |
| Sale | Common Stock F1 | 7,500 | $131.095 | $983K |
Holdings After Transaction:
Option (right to buy) — 31,330 contracts (Direct);
Non-Qualified Option (right to buy) — 28,088 contracts (Direct);
Common Stock — 46,977 shares (Direct)
Footnotes (1)
- F1. The amount reported includes shares subject to unvested restricted stock units.
Key Figures
Options Exercised: 15,000 shares
Exercise Price: $9.45 per share
Shares Sold (Block 1): 7,500 shares at $130.9549
+3 more
6 metrics
Options Exercised
15,000 shares
Common stock acquired via option exercises on 2026-08-12
Exercise Price
$9.45 per share
Exercise or conversion price of options expiring 2029-04-06
Shares Sold (Block 1)
7,500 shares at $130.9549
Common stock sale on 2026-08-12
Shares Sold (Block 2)
7,500 shares at $131.0950
Common stock sale on 2026-08-12
Remaining Options Grant 1
31,330 options
Direct holdings after option exercise in first grant
Remaining Options Grant 2
28,088 options
Direct holdings after option exercise in non-qualified grant
Key Terms
Non-Qualified Option, restricted stock units, Rule 10b5-1, derivative security
4 terms
Non-Qualified Option financial
"Security title listed as “Non-Qualified Option (right to buy)”"
restricted stock units financial
"Footnote states amount 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.
Rule 10b5-1 regulatory
"Checkbox and footnotes address Rule 10b5-1 trading plan status"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
derivative security financial
"Transaction code description notes exercise or conversion of derivative security"
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did AEHR COO Adil Engineer report on this Form 4 for AEHR?
Adil Engineer reported exercising options for 15,000 shares of AEHR common stock at $9.45 per share, then selling 15,000 shares in two transactions around $131 per share. The filing also reports updated remaining option holdings.
At what price did the AEHR COO exercise stock options in this Form 4?
He exercised stock options covering 15,000 shares of AEHR common stock at an exercise price of $9.45 per share. These options were reported as expiring on April 6, 2029, with an original exercise date of May 6, 2022.
What option holdings does the AEHR COO report remaining after these transactions?
After exercising options, the COO reports remaining direct holdings of 31,330 options in one grant and 28,088 options in another. These figures reflect derivative positions titled “Option (right to buy)” and “Non-Qualified Option (right to buy)” on AEHR common stock.
Does the AEHR Form 4 mention restricted stock units for the COO?
Yes. A footnote states one reported amount of common stock includes shares subject to unvested restricted stock units. This clarifies that part of the reported equity position consists of RSUs that have not yet vested into unrestricted shares.
Were the AEHR COO’s trades made under a Rule 10b5-1 trading plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not marked as an affirmative plan. No footnote describes these trades as pursuant to a trading plan, so the filing does not characterize them as pre-arranged under Rule 10b5-1.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Accepted by SEC EDGAR
Learn about SEC filing dates