RICHMOND DONALD P. II 4

What Happened
Donald P. Richmond II, Chief Technology Officer of Aehr Test Systems (AEHR), reported an open-market sale of 15,751 shares on April 9, 2026. The shares were sold at $68.68 each for a total transaction value of $1,081,856. This was a sale (S) rather than a purchase; sales by insiders can be routine and do not necessarily indicate a change in sentiment.

Key Details

• Transaction date: 2026-04-09; filing date: 2026-04-10 (timely filing).
• Type: Open-market or private sale (code S).
• Shares sold: 15,751 at $68.68 per share; total value $1,081,856.
• Footnote: Reported amount includes shares subject to unvested restricted stock units (F1).
• Shares owned after the transaction: not specified in the provided summary.
• No 10b5-1 plan, tax-withholding, or late-filing flags noted in the provided details.

Context
Insider sales can be for many personal or tax-liability reasons and are not inherently bearish. The filing notes the inclusion of unvested RSU-related shares in the reported amount, which can affect how many vested shares were actually sold. Retail investors should view this as a single data point and consider broader insider activity and company fundamentals when assessing significance.