STOCK TITAN

Aehr (AEHR) director reports 10,000-share disposition and updated holdings

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

Rhea-AI Filing Summary

Aehr Test Systems director Geoffrey Scott Gates reported updated holdings of the company’s Common Stock. The Form 4 shows an indirect disposition of 10,000 shares coded as a tax-withholding transaction, leaving 40,686 shares held indirectly through a trust and 50,000 shares held indirectly by his spouse.

Following these entries, Gates also reports 52,864 shares held directly. A footnote states that the 10,000 shares were donated to a Charitable Gift Fund and that the reported amounts include shares subject to unvested restricted stock units, so part of his position is still vesting over time.

Positive

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Insider SCOTT GEOFFREY GATES
Role Director
Type Security Shares Price Value
Tax Withholding Common Stock 10,000 $0.00 --
holding Common Stock -- -- --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 40,686 shares (Indirect, By Trust); Common Stock — 52,864 shares (Direct, null)
Footnotes (1)
  1. The shares were donated to the Charitable Gift Fund. The amount reported includes shares subject to unvested restricted stock units.
Tax-withholding disposition 10,000 shares Non-derivative Common Stock coded F on 2026-04-29
Indirect holdings by trust 40,686 shares Common Stock held indirectly after disposition, by trust
Indirect holdings by spouse 50,000 shares Common Stock held indirectly after transaction, by spouse
Direct holdings 52,864 shares Common Stock held directly after reported transactions
Tax withholding shares total 10,000 shares Aggregate shares used for payment of exercise price or tax liability
tax-withholding disposition financial
"transaction_action":"tax-withholding disposition"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
restricted stock units financial
"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.
Charitable Gift Fund financial
"The shares were donated to the Charitable Gift Fund"
indirect financial
""ownership_type":"indirect""
Common Stock financial
""security_title":"Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
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)
04/29/2026
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 Stock04/29/2026F10,000(1)D$040,686IBy Trust
Common Stock52,864(2)D
Common Stock50,000IBy Spouse
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 shares were donated to the Charitable Gift Fund.
2. The amount reported includes shares subject to unvested restricted stock units.
Remarks:
/s/Chris Siu, Attorney-in-Fact04/29/2026
** 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 insider transaction did Aehr (AEHR) director Geoffrey Scott Gates report?

Geoffrey Scott Gates reported an indirect disposition of 10,000 shares of Aehr Test Systems Common Stock. The transaction is coded as a tax-withholding event, with a footnote explaining the shares were donated to a Charitable Gift Fund, rather than an open-market sale.

How many Aehr (AEHR) shares does Geoffrey Scott Gates hold indirectly after this Form 4?

After the reported transactions, Geoffrey Scott Gates holds 40,686 Aehr Test Systems shares indirectly through a trust and 50,000 shares indirectly via his spouse. These indirect positions give additional exposure beyond his directly owned shares disclosed in the same filing.

What are Geoffrey Scott Gates’ direct Aehr (AEHR) share holdings after the filing?

The Form 4 shows Geoffrey Scott Gates directly holding 52,864 shares of Aehr Test Systems Common Stock after the reported transactions. This direct position is separate from his indirect holdings through a trust and his spouse, which are reported in additional line items.

Was the 10,000-share Aehr (AEHR) disposition an open-market sale?

The 10,000-share disposition is coded as a tax-withholding transaction, not an open-market sale. A related footnote clarifies that these shares were donated to a Charitable Gift Fund, indicating a charitable transfer rather than a typical market trade.

Do Geoffrey Scott Gates’ reported Aehr (AEHR) holdings include unvested restricted stock units?

Yes. A footnote explains that the amounts reported include shares subject to unvested restricted stock units. This means part of Geoffrey Scott Gates’ disclosed Aehr Test Systems position consists of equity awards that will vest over time rather than already fully vested stock.