STOCK TITAN

AEHR Test Systems (AEHR) EVP exercises 40,000 stock options and faces tax withholding

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

Rhea-AI Filing Summary

AEHR Test Systems Exec VP of Sales & Mktg. Vernon Rogers reported equity award transactions on July 13–14, 2026. He exercised options to acquire 40,000 shares of common stock at $1.635 per share and held 192,424 shares directly afterward, including shares subject to unvested restricted stock units. An aggregate 1,161 shares were withheld to satisfy tax withholding obligations upon restricted stock unit vesting, which footnotes state do not represent open-market sales by Rogers.

Positive

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Negative

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Insider ROGERS VERNON
Role Exec VP of Sales & Mktg.
Type Security Shares Price Value
Exercise Non-Qualified Option (right to buy) 3,538 $0.00 --
Exercise Common Stock 3,538 $1.635 $6K
Tax Withholding Common Stock 573 $72.01 $41K
Exercise Option (right to buy) 15,262 $0.00 --
Exercise Non-Qualified Option (right to buy) 21,200 $0.00 --
Exercise Common Stock 21,200 $1.635 $35K
Exercise Common Stock 15,262 $1.635 $25K
Tax Withholding Common Stock 588 $72.60 $43K
Holdings After Transaction: Non-Qualified Option (right to buy) — 0 shares (Direct); Common Stock — 192,997 shares (Direct); Option (right to buy) — 0 shares (Direct)
Footnotes (1)
  1. 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.
Options exercised 40,000 shares of common stock Aggregate shares acquired through option exercises on July 13–14, 2026
Option exercise price $1.6350 per share Exercise or conversion price for options exercised into AEHR common stock
Shares held after transactions 192,424 shares Common stock beneficially owned directly by Vernon Rogers following July 14, 2026 transactions
Shares withheld for taxes 1,161 shares Total shares withheld to satisfy tax withholding obligations on restricted stock unit vesting
Tax withholding reference prices $72.6000 and $72.0100 per share Market prices used for F-code tax withholding dispositions on July 13–14, 2026
Non-Qualified Option (right to buy) financial
"Security title reported as Non-Qualified Option (right to buy)"
restricted stock units financial
"upon vesting of restricted stock units. This does not represent a sale"
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
"shares that were withheld to satisfy tax withholding obligations upon vesting"
derivative security financial
"transaction code description 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.
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FAQ

What insider stock transactions did AEHR (AEHR) executive Vernon Rogers report?

AEHR executive Vernon Rogers reported exercising stock options to acquire 40,000 common shares at $1.635 per share on July 13–14, 2026. He also had 1,161 shares withheld to cover taxes on restricted stock unit vesting, which were not open-market sales.

How many AEHR (AEHR) options did Vernon Rogers exercise and at what price?

Vernon Rogers exercised options covering 40,000 AEHR common shares at an exercise price of $1.6350 per share. These option exercises were reported over July 13–14, 2026 and increased his directly held common stock position as disclosed in the Form 4 data.

Are the F-code transactions in AEHR (AEHR) executive Vernon Rogers’s Form 4 stock sales?

The F-code entries represent 1,161 shares withheld to satisfy tax withholding obligations on restricted stock unit vesting, not discretionary stock sales. Footnotes specifically state these withholdings do not represent sales by Vernon Rogers into the open market.

How many AEHR (AEHR) shares does Vernon Rogers hold after the reported transactions?

After the July 13–14, 2026 transactions, Vernon Rogers beneficially owned 192,424 AEHR common shares directly. Footnotes indicate this reported amount includes shares subject to unvested restricted stock units, reflecting both vested and certain unvested equity awards.

What is the significance of the 1,161 AEHR (AEHR) shares withheld for taxes?

The 1,161 shares were withheld solely to meet tax withholding obligations triggered by restricted stock unit vesting. This mechanism settles tax liabilities without a market sale and is distinct from discretionary buying or selling of AEHR shares by the executive.
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*
ROGERS VERNON

(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)
Exec VP of Sales & Mktg.
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
07/13/2026
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 Stock07/13/2026M21,200A$1.635174,785D
Common Stock07/13/2026M15,262A$1.635190,047D
Common Stock07/13/2026F588(1)D$72.6189,459D
Common Stock07/14/2026M3,538A$1.635192,997D
Common Stock07/14/2026F573(1)D$72.01192,424(2)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
Option (right to buy)$1.63507/13/2026M15,26208/16/201907/16/2026Common Stock15,262$00D
Non-Qualified Option (right to buy)$1.63507/13/2026M21,20008/16/201907/16/2026Common Stock21,200$03,538D
Non-Qualified Option (right to buy)$1.63507/14/2026M3,53808/16/201907/16/2026Common Stock3,538$00D
Explanation of Responses:
1. 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.
2. The amount reported includes shares subject to unvested restricted stock units.
Remarks:
/s/Chris Siu, Attorney-in-Fact07/14/2026
** 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)