ENGINEER ADIL 4

What Happened

Engineer Adil, Chief Operating Officer of Aehr Test Systems (AEHR), received 9,244 restricted stock units (6,165 + 3,079) that vested on July 1, 2026. To satisfy tax withholding obligations upon vesting, 2,213 shares were withheld on July 1 at $84.42 each ($186,833) and 437 shares were withheld on July 2 at $69.96 each ($30,573), for a total withheld value of approximately $217,406. The awards were recorded at $0.00 per share (compensation issuance).

Key Details

• Transaction types: A = award/grant (RSU vesting); F = shares withheld to pay tax liability.
• Vesting dates: RSUs issued/vested on 2026-07-01; tax withholding occurred 2026-07-01 and 2026-07-02.
• Prices and amounts withheld: 2,213 shares @ $84.42 = $186,833; 437 shares @ $69.96 = $30,573; total 2,650 shares ≈ $217,406.
• Shares issued: 9,244 RSUs vested (6,165 + 3,079). Report shows shares issued at $0.00 (compensation).
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnotes of note:
  • F1: These shares were issued upon vesting of performance-based RSUs.
  • F2: Vesting schedule noted as 1/16 of award every three full calendar months, subject to continued employment.
  • F3: Withheld shares were used to satisfy tax withholding and do not represent an open-market sale by the reporting person.
  • F4: Reported amount may include shares subject to unvested RSUs.
• Filing timeliness: Report filed July 2, 2026 for transactions on July 1–2, 2026 (filed the next day; not indicated as late).

Context

These transactions reflect routine compensation vesting and tax-withholding actions (award + shares withheld), not discretionary open-market selling or buying. For retail investors, receipt of RSUs is a non-cash compensation event and withheld shares to cover taxes are common; such transactions do not necessarily indicate the insider’s market view.