STOCK TITAN

AEHR (AEHR) COO Adil Engineer gains RSU shares, withholds stock for taxes

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

AEHR Test Systems Chief Operating Officer Adil Engineer reported equity compensation changes tied to restricted stock units. On July 1, he acquired 3,079 and 6,165 shares of common stock at $0.00 per share as grants or awards upon vesting of performance-based and other RSUs.

To cover tax obligations on these vestings, 2,213 shares on July 1 at $84.425 and 437 shares on July 2 at $69.96 were withheld, which the filing states do not represent sales. After these transactions, he directly holds 47,506 shares, and this amount includes shares subject to unvested RSUs.

Positive

  • None.

Negative

  • None.
Insider ENGINEER ADIL
Role Chief Operating Officer
Type Security Shares Price Value
Tax Withholding Common Stock 437 $69.96 $31K
Grant/Award Common Stock 6,165 $0.00 --
Grant/Award Common Stock 3,079 $0.00 --
Tax Withholding Common Stock 2,213 $84.425 $187K
Holdings After Transaction: Common Stock — 47,506 shares (Direct)
Footnotes (1)
  1. Represents shares of common stock issued upon vesting of performance-based RSU. One-sixteenth (1/16) of the total number of shares subject to the restricted stock unit awards shall vest at the end of each three full calendar months following the date of this action, provided that such recipient is still employed by the corporation on such dates. Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units. This does not represent a sale by the Reporting Person. The amount reported includes shares subject to unvested restricted stock units.
RSU grant 1 3,079 shares at $0.00 Common Stock grant/award acquisition on July 1, 2026
RSU grant 2 6,165 shares at $0.00 Common Stock grant/award acquisition on July 1, 2026
Tax withholding 1 2,213 shares at $84.425 Shares withheld for tax obligations on July 1, 2026
Tax withholding 2 437 shares at $69.96 Shares withheld for tax obligations on July 2, 2026
Post-transaction holdings 47,506 shares Direct common stock holdings after July 2, 2026 transaction
RSU vesting schedule 1/16 every three months RSUs vest each three full calendar months, subject to employment
performance-based RSU financial
"Represents shares of common stock issued upon vesting of performance-based RSU."
Performance-based RSUs are promises to deliver company stock to employees only if the firm or the individual meets preset financial or operational targets; they convert into actual shares when those goals are achieved. For investors, they matter because they link pay to results—shaping management incentives, affecting future share count and earnings reports, and signaling how confident leadership is about hitting measurable milestones (think of a bonus that only pays out if sales or profit goals are reached).
restricted stock units financial
"Represents shares that were withheld to satisfy tax withholding obligations upon vesting of 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.
tax withholding obligations financial
"Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units."
Chief Operating Officer financial
"ENGINEER ADIL serves as Chief Operating Officer of AEHR TEST SYSTEMS."
A chief operating officer (COO) is a senior executive responsible for overseeing the day-to-day activities of a company, ensuring that all parts of the organization work smoothly and efficiently. They often act like a company's operational quarterback, translating strategic plans into practical actions. For investors, the COO's effectiveness can influence a company's performance and stability, making them an important figure in assessing the company's management strength.
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FAQ

What insider transactions did AEHR COO Adil Engineer report on this Form 4?

Adil Engineer reported RSU-related share grants and tax withholding. He received 3,079 and 6,165 AEHR common shares from vested restricted stock units, with 2,213 and 437 shares withheld to satisfy tax obligations instead of open-market sales.

Were any of the AEHR insider transactions open-market sales or purchases?

No open-market sales or purchases were reported. All dispositions were Form F transactions, where 2,213 and 437 shares were withheld to pay tax liabilities on RSU vesting, which the filing explicitly notes do not represent sales by the executive.

How many AEHR shares does COO Adil Engineer hold after these transactions?

Adil Engineer holds 47,506 AEHR shares after the reported activity. The filing states this post-transaction amount includes shares subject to unvested restricted stock units, reflecting both vested and still-unvesting equity awards.

What types of equity awards are involved in this AEHR Form 4 filing?

The filing involves performance-based and time-based restricted stock units. Shares were issued upon vesting of performance-based RSUs and other RSUs, with one-sixteenth of the total award scheduled to vest every three full calendar months, subject to continued employment.

How are AEHR restricted stock units for the COO scheduled to vest over time?

The RSUs vest in equal installments over time. One-sixteenth of the total shares subject to the restricted stock unit awards vest at the end of each three full calendar months after the grant action, provided the recipient remains employed by the company.
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*
ENGINEER ADIL

(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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Operating Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026
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 Stock07/01/2026A6,165(1)A$047,077D
Common Stock07/01/2026A3,079(2)A$050,156D
Common Stock07/01/2026F2,213(3)D$84.42547,943D
Common Stock07/02/2026F437(3)D$69.9647,506(4)D
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. Represents shares of common stock issued upon vesting of performance-based RSU.
2. One-sixteenth (1/16) of the total number of shares subject to the restricted stock unit awards shall vest at the end of each three full calendar months following the date of this action, provided that such recipient is still employed by the corporation on such dates.
3. Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units. This does not represent a sale by the Reporting Person.
4. The amount reported includes shares subject to unvested restricted stock units.
Remarks:
/s/Chris Siu, Attorney-in-Fact07/02/2026
** 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)