SALAMONE ALBERTO 4

What Happened
Alberto Salamone, EVP of the PPBI business at AEHR Test Systems (AEHR), was granted performance-based restricted stock units (RSUs) and had shares withheld to satisfy tax withholding upon vesting. On 2026-07-01 he was awarded 4,048 and 1,978 RSU shares (total 6,026) at $0.00 (performance-based grants). To cover tax obligations when RSUs vested, 1,453 shares were withheld at $84.42 each (value $122,670) and 556 shares were withheld at $69.96 each (value $38,898), for a combined withholding value of $161,568. Footnotes indicate these are performance-based RSUs and that some of the reported shares remain unvested.

Key Details

• Transaction types: A = Award/Grant (RSUs); F = Shares withheld to satisfy tax withholding upon vesting (not an open-market sale).
• Grant dates: 2026-07-01 (4,048 and 1,978 RSUs awarded).
• Withholding (dispositions reported as F): 2026-07-01 — 1,453 shares @ $84.42 = $122,670; 2026-07-02 — 556 shares @ $69.96 = $38,898.
• Vesting schedule note: one-sixteenth (1/16) of the RSUs vests every three full calendar months (per footnote).
• Filing timeliness: Report filed 2026-07-02 for transactions on 2026-07-01 (appears timely).
• Shares owned after transaction: Not disclosed in this Form 4.
• Important: Footnote clarifies withheld shares were used to satisfy tax withholding and “does not represent a sale by the Reporting Person.”

Context: These transactions reflect routine equity compensation mechanics — the issuance of performance-based RSUs and a cashless/net settlement where the company withholds shares for taxes. Such withholding is standard and should not be interpreted on its own as a buy/sell signal about the insider’s view of the company.