AEHR TEST SYSTEMS: director Rhea J Posedel exercised 18,000 shares

What happened Rhea J Posedel, a director, exercised options to acquire 18,000 shares at $1.77 per share on Oct 20, 2026, for $31,860. The same filing reports a disposition of 18,000 derivative shares with $0 proceeds on Oct 20, 2026.

Key details

• Transaction date(s) and price(s): Oct 20, 2026 — exercised 18,000 shares at $1.77 for $31,860; Oct 20, 2026 — disposed of 18,000 derivative shares at $0.
• Shares owned after the transaction: the filing does not report shares owned after the transaction.
• Footnotes: F1 states the amount reported includes shares subject to unvested restricted stock units.
• Timeliness: the Form 4 was filed on Oct 20, 2026, reporting transactions dated Oct 20, 2026; no late filing is indicated in the document.

Why it may matter The filing shows an option exercise and a simultaneous disposal of an equal number of derivative shares; the filing does not state whether this was a cashless exercise. This filing does not show why the insider traded or why the company acted.