Aehr director-linked entities sell 60K shares

Aehr Test Systems director Geoffrey Scott reported net open-market sales of 60,000 shares of Common Stock.

Accepted by SEC EDGAR 04/21/2026 - 07:25 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Aehr Test Systems director Geoffrey Scott reported net open-market sales of 60,000 shares of Common Stock. Entities associated with him sold 50,000 shares at $95.00 per share through his spouse and 10,000 shares at $91.00 per share through a trust.

Following these transactions, he reports 52,864 shares held directly, 50,000 shares held indirectly by his spouse, and 50,686 shares held indirectly by a trust. The reported amounts include shares subject to unvested restricted stock units.

Insider Trade Summary

Net Seller: 60,000 shares

Net Sell 2 txns

Insider SCOTT GEOFFREY GATES

Role Director

Sold 60,000 shs ($5.66M)

Share of Position Sold 37.3%

Type	Security	Shares	Price	Value
Sale	Common Stock	10,000	$91.00	$910K
Sale	Common Stock	50,000	$95.00	$4.75M
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 50,686 shares (Indirect, By Trust); Common Stock — 50,000 shares (Indirect, By Spouse); Common Stock — 52,864 shares (Direct)

Holdings Before and After: Common Stock, 60,686 to 50,686 shares (Indirect, By Trust); Common Stock, 100,000 to 50,000 shares (Indirect, By Spouse)

Other Insiders: 10 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (1)

1. F1. The amount reported includes shares subject to unvested restricted stock units.

Key Figures

Shares sold via spouse: 50,000 shares at $95.00 Shares sold via trust: 10,000 shares at $91.00 Total shares sold: 60,000 shares +3 more

6 metrics

Shares sold via spouse 50,000 shares at $95.00 Open-market sale on April 21, 2026, indirect "By Spouse"

Shares sold via trust 10,000 shares at $91.00 Open-market sale on April 21, 2026, indirect "By Trust"

Total shares sold 60,000 shares Net open-market sales across two transactions

Direct holdings after transaction 52,864 shares Common Stock held directly after April 21, 2026

Spouse indirect holdings after sale 50,000 shares Common Stock held indirectly "By Spouse" after sale

Trust indirect holdings after sale 50,686 shares Common Stock held indirectly "By Trust" after sale

Key Terms

open-market sale, indirect ownership, restricted stock units, Form 4

4 terms

open-market sale financial

"transaction_action": "open-market sale""

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

"direct_or_indirect": "I", "ownership_type": "indirect""

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.

Form 4 regulatory

"INSIDER FILING DATA (Form 4)"

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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did AEHR director Geoffrey Scott report?

Geoffrey Scott reported net sales of 60,000 Aehr Test Systems shares. These included 50,000 shares sold at $95.00 per share via his spouse and 10,000 shares sold at $91.00 per share through a trust, both as open-market sales.

At what prices were the recent AEHR insider share sales executed?

The insider-related entities sold AEHR shares at two prices. One block of 50,000 shares was sold at $95.00 per share, and another 10,000-share block was sold at $91.00 per share, both reported as open-market transactions.

How many AEHR shares does Geoffrey Scott report owning after the sales?

After the transactions, Geoffrey Scott reports 52,864 shares held directly. He also reports 50,000 shares held indirectly by his spouse and 50,686 shares held indirectly by a trust, with some amounts including unvested restricted stock units.

Are the AEHR share sales attributed directly to Geoffrey Scott personally?

The Form 4 attributes the sales to entities associated with Geoffrey Scott. The 50,000-share sale is reported as held "By Spouse" and the 10,000-share sale as held "By Trust," both classified as indirect ownership in the filing.

Do Geoffrey Scott’s reported AEHR holdings include restricted stock units?

Yes. A footnote explains that the reported amounts include shares subject to unvested restricted stock units. This means some of the reported holdings represent equity awards that have not yet fully vested into unrestricted common shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)
	Director

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/21/2026		S		10,000	D	$91	50,686	I	By Trust
Common Stock	04/21/2026		S		50,000	D	$95	50,000	I	By Spouse
Common Stock								52,864(1)	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount 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-Fact	04/21/2026
	** Signature of Reporting Person	Date
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)