Director of Aehr (NASDAQ: AEHR) sells 60K shares via family
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 60,000 shares ($5,660,000)
Net Sell
3 txns
Insider
SCOTT GEOFFREY GATES
Role
Director
Sold
60,000 shs ($5.66M)
| 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 — 52,864 shares (Direct, null)
Footnotes (1)
- [object Object]
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
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.
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.