Aehr Test Systems (AEHR) COO Adil Engineer Withholds 387 Shares

What Happened

• Adil Engineer, Chief Operating Officer of Aehr Test Systems (AEHR), had 387 shares withheld on 2026-07-13 to satisfy tax withholding obligations tied to restricted stock unit (RSU) vesting. The withholding was recorded at $72.60 per share, a total value of approximately $28,096.
• Although the Form 4 shows the shares as "disposed" for reporting purposes, the filing (footnote F1) states this was a tax withholding upon vesting and "does not represent a sale by the Reporting Person."

Key Details

• Transaction date: 2026-07-13; Price: $72.60 per share; Shares withheld: 387; Total value ≈ $28,096.
• Transaction code: F (tax withholding / payment of tax liability).
• Footnotes: F1 — shares withheld to satisfy tax withholding on RSU vesting (not a market sale). F2 — reported amount includes shares subject to unvested RSUs.
• Shares owned after transaction: not specified in the filing.
• Filing timeliness: reported on 2026-07-13 (period of report 2026-07-13) — appears timely.

Context

• This is a routine tax-withholding event tied to RSU vesting (a common "cashless" method where the company retains shares to cover taxes). It should not be interpreted as an open-market sale or a direct signal of the insider's market view.