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AEHR Test Systems (AEHR) CEO has 2,784 shares withheld for taxes

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

Rhea-AI Filing Summary

AEHR Test Systems President and CEO Gayn Erickson had 2,784 shares of common stock withheld at $74.38 per share to cover tax obligations when restricted stock units and restricted shares vested. This was a tax-withholding event, not an open-market sale. After these withholdings, he holds 185,511 shares directly and 197,723 shares indirectly through a trust, including unvested restricted stock units and restricted shares.

Positive

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Negative

  • None.
Insider Erickson Gayn
Role President and CEO
Type Security Shares Price Value
Tax Withholding Common Stock 2,784 $74.38 $207K
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 185,511 shares (Direct); Common Stock — 197,723 shares (Indirect, By Trust)
Footnotes (1)
  1. Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units and restricted shares. This does not represent a sale by the Reporting Person. The amount reported includes shares subject to unvested restricted stock units and unvested restricted shares.
Shares withheld for taxes 2,784 shares Tax-withholding disposition on equity vesting
Tax-withholding price $74.38 per share Value used for withheld AEHR common stock
Direct holdings after transaction 185,511 shares AEHR common stock held directly by CEO
Indirect holdings after transaction 197,723 shares AEHR common stock held indirectly by trust
Tax-withholding transactions 1 event, 2,784 shares Summary of F-code tax-withholding disposition
restricted stock units financial
"tax withholding obligations upon vesting of restricted stock units and restricted shares"
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.
restricted shares financial
"tax withholding obligations upon vesting of restricted stock units and restricted shares"
Restricted shares are company stock that cannot be sold or transferred immediately because they are subject to legal or contractual limits, such as a required holding period or performance conditions. They matter to investors because these locked-up shares can affect a company’s available stock for trading, future dilution, and insider incentives—imagine a gift that can’t be cashed until certain conditions are met, which changes when and how much supply can suddenly enter the market.
tax withholding obligations financial
"shares that were withheld to satisfy tax withholding obligations upon vesting"
indirect financial
"total_shares_following_transaction ... direct_or_indirect": "I""
By Trust financial
"nature_of_ownership": "By Trust""
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*
Erickson Gayn

(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
XOfficer (give title below)Other (specify below)
President and CEO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
04/14/2026
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 Stock04/14/2026F2,784(1)D$74.38185,511(2)D
Common Stock197,723IBy Trust
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 that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units and restricted shares. This does not represent a sale by the Reporting Person.
2. The amount reported includes shares subject to unvested restricted stock units and unvested restricted shares.
Remarks:
/s/Chris Siu, Attorney-in-Fact04/14/2026
** 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)

FAQ

What did AEHR CEO Gayn Erickson report in this Form 4 filing for AEHR?

Gayn Erickson reported that 2,784 AEHR common shares were withheld to satisfy tax obligations on vesting equity awards. This is a non-market tax-withholding transaction, not an open-market sale, and reflects routine handling of equity-based compensation.

Was the AEHR CEO’s Form 4 transaction a sale of AEHR shares?

No, the Form 4 states the 2,784 AEHR shares were withheld to cover tax withholding obligations on vested restricted stock units and restricted shares. A footnote clarifies this does not represent a sale by the reporting person in the open market.

How many AEHR shares does Gayn Erickson hold after this Form 4 event?

Following the tax-withholding event, Gayn Erickson holds 185,511 AEHR common shares directly. He also has 197,723 AEHR shares held indirectly through a trust, and this indirect amount includes unvested restricted stock units and unvested restricted shares.

What price was used for the AEHR shares withheld for taxes in this Form 4?

The shares withheld for tax obligations were valued at $74.38 per AEHR common share. This price is used solely for the tax-withholding disposition entry related to the vesting of restricted stock units and restricted shares, not for an open-market trade.

How many AEHR shares were withheld for tax obligations in this insider filing?

A total of 2,784 AEHR common shares were withheld to satisfy tax withholding obligations. The Form 4 identifies this as a tax-withholding disposition related to vesting equity awards, rather than a discretionary sale initiated by the CEO in the market.