RICHMOND DONALD P. II 4

What Happened

• Donald P. Richmond II, Chief Technology Officer of Aehr Test Systems (AEHR), had shares withheld to satisfy tax withholding obligations upon vesting of restricted stock units (RSUs). The filing shows 423 shares withheld at $70.43 ($29,792) on 2026-04-11 and 299 shares withheld at $74.38 ($22,240) on 2026-04-14 — 722 shares total, about $52,032 in aggregate.
• This is a tax-withholding event (disposition code "F"), not an open-market sale by the reporting person.

Key Details

• Transaction dates & prices:
  • 2026-04-11: 423 shares withheld @ $70.43 = $29,792
  • 2026-04-14: 299 shares withheld @ $74.38 = $22,240
• Shares owned after transaction: Not specified in the filing.
• Footnotes:
  • F1: Shares were withheld to satisfy tax withholding upon RSU vesting — does not represent a sale by the reporting person.
  • F2: Reported amounts include shares subject to unvested RSUs.
• Filing: Form 4 was filed with accession 0001040470-26-000100 on 2026-04-14; the filing itself does not indicate a late filing.

Context

• Withholding to cover taxes on vested RSUs is a routine administrative action (often called a cashless/withholding settlement) and does not necessarily indicate the insider is selling shares for other reasons.
• For retail investors, purchases by insiders can be a stronger positive signal than withholding events; this filing is informational about compensation tax handling rather than a directional trade.