Aehr CEO Erickson Gayn Withholds 4,404 Shares for Taxes
$AEHR · AEHR TEST SYSTEMSResearch Summary
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Aehr CEO Erickson Gayn Withholds 4,404 Shares for Taxes
What Happened
Erickson Gayn, President, CEO and a director of Aehr Test Systems (AEHR), had 4,404 shares withheld on July 13, 2026 to satisfy tax withholding obligations related to vesting restricted stock units/restricted shares. The withheld shares were valued at $72.60 each, totaling approximately $319,730. This was a tax-withholding event (transaction code F), not an open-market sale by the reporting person.
Key Details
- Transaction date: 2026-07-13; price used for withholding: $72.60 per share.
- Shares withheld: 4,404; total value of shares withheld: ~$319,730.
- Shares owned after transaction: not specified in the filing excerpt provided.
- Footnotes: F1 notes the shares were withheld to satisfy tax obligations upon vesting and do not represent a sale by the reporting person. F2 indicates the reported amount includes shares subject to unvested RSUs and restricted shares.
- Filing: Report filed with a period and filing date of 2026-07-13; no indication in the excerpt that the filing was late.
Context: This was a routine tax-withholding transaction tied to equity vesting (commonly called a "sell-to-cover" or withholding) rather than an intentional market sale or purchase. Such withholdings reduce an insider's outstanding shares but do not necessarily signal a change in their view of the company.