SALAMONE ALBERTO 4

What Happened

• Alberto Salamone, EVP of the PPBI business at Aehr Test Systems (AEHR), acquired 1,672 shares on 2026-04-01 through the company’s employee stock purchase plan at $6.67 per share (total ≈ $11,156).
• On 2026-04-02, 553 shares were reported as withheld at $44.32 per share (value ≈ $24,509) to satisfy tax withholding related to vested restricted stock units (this withholding is not an open‑market sale by the insider).

Key Details

• Transaction dates & prices: 2026-04-01 — purchase 1,672 shares @ $6.67; 2026-04-02 — 553 shares withheld @ $44.32.
• Purchase method: Employee Stock Purchase Plan (ESPP) under IRC §423 (tax‑conditioned plan); ESPP purchase is exempt from Section 16 short‑swing liability per filing.
• Withholding: Shares were withheld to satisfy tax obligations on RSU vesting (footnote states this is not a sale by the reporting person).
• Shares owned after transaction: Not specified in the filing; filing notes reported amounts include shares subject to unvested RSUs.
• Filing timeliness: Report filed 2026-04-02 for transactions on 2026-04-01 and 04-02 — appears timely.

Context

• The ESPP purchase is a routine employee purchase (a small cash purchase — about $11k) and is a more informative bullish signal than a sale when larger, but here it’s modest in size.
• The 553-share disposition is a tax withholding on vested RSUs (common practice) and should not be interpreted as an open‑market sale or negative signal.
• No options exercise or 10% owner transaction is reported; these are straightforward ESPP and tax‑withholding entries.