Form 4: AEHR CEO's Stock Withholding for Tax Obligations
Insider Transaction Report
AEHR Test Systems CEO Gayn Erickson reported a pre-planned transaction involving the withholding of 820 shares of common stock to cover tax obligations related to restricted stock unit vesting.
Summary
- Gayn Erickson, President and CEO, and a Director of AEHR Test Systems, reported a transaction on January 27, 2026, made pursuant to a Rule 10b5-1 plan.
- 820 shares of AEHR common stock were disposed of (withheld) at a price of $27.75 per share.
- This transaction represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units and is explicitly stated not to be a sale by the reporting person.
- Following this transaction, Gayn Erickson directly beneficially owns 251,299 shares, which include unvested restricted stock units and restricted shares.
- An additional 291,628 shares are indirectly beneficially owned through a Trust, bringing total beneficial ownership to 542,927 shares.
Sentiment
Score: 6
Explanation: The filing reports a routine, non-discretionary transaction (tax withholding) by the CEO, which is a neutral event. The continued significant beneficial ownership by the CEO is a positive signal of alignment with shareholder interests.
Positives
- The transaction is a routine tax withholding event, not a discretionary sale by the CEO, indicating continued holding of equity.
- The CEO retains a significant beneficial ownership of 542,927 shares (251,299 direct + 291,628 indirect), aligning management's interests with shareholders.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4.
Industry Context
This Form 4 reports a routine insider transaction (tax withholding) and does not provide information relevant to broader industry trends or competitors.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Authorization | Gayn Erickson executed a Power of Attorney on June 2, 2023, authorizing Chris Siu, Adil Engineer, and Vernon Rogers to complete and file Forms 3, 4, and 5 on his behalf. | 06/02/2023 | Enhances efficiency and ensures timely compliance with Section 16 reporting requirements for insider transactions. |
Stakeholder Impact
- Shareholders: The transaction is a routine tax withholding, not a discretionary sale, which generally has a neutral to slightly positive impact as it indicates continued equity holding by management.
- Employees: No direct impact on employees is mentioned in this filing.
Key Dates
| Date | Description |
|---|---|
| 06/02/2023 | Date Power of Attorney was executed by Gayn Erickson, authorizing individuals to file Section 16 forms. |
| 01/27/2026 | Date of transaction for stock withholding related to RSU vesting. |
Keywords
AEHR Test Systems, AEHR, Gayn Erickson, Form 4, Insider Transaction, Stock Withholding, Restricted Stock Units, CEO Stock, Equity Ownership, Tax Obligations, 10b5-1 Plan
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