DANESH FARIBA 4

What Happened Danesh Fariba, a member of the Board of Directors of Aehr Test Systems (AEHR), received a grant of 1,658 restricted stock units (RSUs) on 2026-07-01. The filing reports an acquisition at $0.00 per share (award), so no cash was paid; the reported transaction value is $0. This is an equity award as compensation/board grant, not an open-market purchase.

Key Details

• Transaction date: 2026-07-01; filing date (accession): 2026-07-02 — appears timely.
• Transaction type: Award/Grant (code A).
• Shares awarded: 1,658 RSUs; reported price $0.00; total reported value $0.
• Vesting: One-fourth (1/4) vests at the end of each three full calendar months after the grant date, subject to continued service as a director (see footnote F1).
• Footnote: the reported amount includes shares subject to unvested RSUs (F2).
• Shares owned after transaction: not specified in the provided filing excerpt.

Context RSU grants to directors are common as part of compensation and do not reflect an open-market purchase or sale. Because these RSUs are subject to vesting, their economic value will be realized only if and when they vest (and possibly upon any subsequent sale). The award was reported as an acquisition (A) rather than a purchase for cash.