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Aehr Test Systems (AEHR) director logs share sale and 10,000-share gift

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

Rhea-AI Filing Summary

Aehr Test Systems director Scott Geoffrey Gates reported multiple transactions in Common Stock on July 16, 2026. An account held indirectly by his spouse sold 20,000 shares at $82.1325 per share, leaving 30,000 shares indirectly held by the spouse. A trust through which he reports indirect ownership made a bona fide gift of 10,000 shares to the Scott Family Fund, with 30,686 shares remaining in that trust. He also reports 54,522 shares held directly, and this direct amount includes shares subject to unvested restricted stock units.

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Insider SCOTT GEOFFREY GATES
Role Director
Sold 20,000 shs ($1.64M)
Type Security Shares Price Value
Gift Common Stock 10,000 $0.00 --
Sale Common Stock 20,000 $82.1325 $1.64M
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 30,686 shares (Indirect, By Trust); Common Stock — 54,522 shares (Direct)
Footnotes (1)
  1. The shares were donated to the Scott Family Fund. The amount reported includes shares subject to unvested restricted stock units.
Shares sold 20,000 shares Common Stock indirectly held by spouse sold on 2026-07-16
Sale price $82.1325 per share Price for 20,000-share sale of Common Stock on 2026-07-16
Shares gifted 10,000 shares Bona fide gift from trust to the Scott Family Fund on 2026-07-16
Indirect holdings via spouse 30,000 shares Common Stock indirectly owned through spouse after the sale
Indirect holdings via trust 30,686 shares Common Stock indirectly owned through trust after 10,000-share gift
Direct holdings 54,522 shares Directly held Common Stock including shares subject to unvested RSUs
bona fide gift financial
"transaction_code_description":"Bona fide gift""
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
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.
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.

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

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FAQ

What insider transactions did AEHR director Scott Geoffrey Gates report on July 16, 2026?

Scott Geoffrey Gates reported a sale of 20,000 Aehr Test Systems shares indirectly held by his spouse and a gift of 10,000 shares from a trust to the Scott Family Fund, along with updated direct and indirect share holdings.

How many AEHR shares did Scott Geoffrey Gates sell and at what price?

An account held by his spouse sold 20,000 shares of Aehr Test Systems at $82.1325 per share. After this transaction, 30,000 shares remained indirectly owned through the spouse, according to the reported holdings on July 16, 2026.

What gift of Aehr Test Systems (AEHR) shares did Scott Geoffrey Gates report?

A trust through which Scott Geoffrey Gates reports indirect ownership made a bona fide gift of 10,000 AEHR shares at a reported price of $0.0000. The footnote states these shares were donated to the Scott Family Fund, leaving 30,686 shares in the trust.

What are Scott Geoffrey Gates’ direct holdings of AEHR after these transactions?

Following the reported July 16, 2026 transactions, Scott Geoffrey Gates directly holds 54,522 shares of Aehr Test Systems. A footnote clarifies that this amount includes shares subject to unvested restricted stock units, combining currently vested and certain unvested equity awards.

How many Aehr Test Systems (AEHR) shares does Scott Geoffrey Gates hold indirectly?

After the July 16, 2026 transactions, Gates reports 30,000 AEHR shares held indirectly through his spouse and 30,686 AEHR shares held indirectly through a trust. These figures reflect the post-transaction indirect ownership disclosed in the filing.
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)
07/16/2026
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 Stock07/16/2026G10,000(1)D$030,686IBy Trust
Common Stock07/16/2026S20,000D$82.132530,000IBy Spouse
Common Stock54,522(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
Explanation of Responses:
1. The shares were donated to the Scott Family Fund.
2. The amount reported includes shares subject to unvested restricted stock units.
Remarks:
/s/Chris Siu, Attorney-in-Fact07/17/2026
** 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)