4Filed Jul 14, 8:00 PM ET
Aehr Test Systems CEO Erickson Gayn Withholds 3,447 Shares
$AEHR · AEHR TEST SYSTEMSResearch Summary
AI-generated summary of this SEC filing
Aehr Test Systems CEO Erickson Gayn Withholds 3,447 Shares
What Happened
- Erickson Gayn, President, CEO and a director of Aehr Test Systems (AEHR), had 3,447 shares withheld on July 14, 2026 to satisfy tax withholding obligations tied to the vesting of restricted stock units/restricted shares. The withholding was reported at $72.01 per share, totaling approximately $248,218. This transaction is a tax-withholding disposition (code F) and is not an open-market sale by the reporting person per the filing footnote.
Key Details
- Transaction date: 2026-07-14; Report filed: 2026-07-15 (timely).
- Reported price: $72.01 per share; total value reported: $248,218.
- Shares withheld/disposed: 3,447 (used to satisfy tax withholding).
- Shares owned after transaction: Not specified in the filing.
- Footnotes: F1 clarifies the shares were withheld to meet tax obligations and do not represent a sale by the reporting person; F2 notes the reported amount includes shares subject to unvested RSUs and restricted shares.
- Transaction code: F (payment of exercise price or tax liability).
Context
- This is a routine tax-withholding action upon vesting of equity awards, common for employees receiving RSUs/restricted shares. It should not be interpreted as a deliberate open-market sale signaling sentiment. The filing indicates the withholding, not an executed sale under a 10b5-1 or other plan.