Form 4: AEHR CFO Chris Siu's RSU Tax Withholding

AEHR Test Systems CFO Chris Siu had 695 shares withheld for tax obligations related to restricted stock unit vesting on October 13, 2025.

Summary

• Chris Siu, the Chief Financial Officer (CFO) of AEHR Test Systems, reported a transaction on October 13, 2025.
• 695 shares of Common Stock were disposed of at a price of $23.49 per share.
• This disposition represents shares that were withheld to satisfy tax withholding obligations upon the vesting of restricted stock units (RSUs) and does not constitute a sale by the reporting person.
• Following this transaction, Chris Siu directly beneficially owns 74,714 shares, which includes shares subject to unvested restricted stock units.
• An additional 5,211 shares are indirectly beneficially owned by a Trust.

Sentiment

Score: 7

Explanation: The transaction is a routine tax withholding related to RSU vesting, indicating that the CFO's equity compensation is materializing. It is not a discretionary sale, which generally signals confidence in the company's future.

Positives

• The vesting of restricted stock units (RSUs) indicates the achievement of performance or tenure milestones by the CFO.
• The transaction is a tax withholding, not a discretionary sale by the CFO, suggesting continued holding of the underlying equity.

Negatives

• The direct beneficial ownership of shares decreased by 695 due to tax withholding, though this is a routine administrative event.

Risks

• NA

Future Outlook

NA

Management Comments

• NA

Industry Context

NA

Comparison to Industry Standards

• NA

Related Party Transactions

• NA

Stakeholder Impact

• Shareholders: The transaction is a routine compensation event and does not indicate a change in the company's operational or financial performance. It represents a minor adjustment in insider ownership due to tax obligations.
• Employees: This reflects a standard process for executive equity compensation, where RSUs vest and a portion is withheld for taxes.

Next Steps

• NA

Key Dates

Recommendation

This Form 4 reports a routine tax withholding event related to the vesting of restricted stock units for the CFO. It does not indicate a discretionary sale or purchase, and therefore provides no new fundamental information to alter an investment thesis. Investors should hold based on existing company fundamentals rather than this specific transaction.

Keywords

AEHR, Chris Siu, CFO, Form 4, RSU, Restricted Stock Units, Tax Withholding, Insider Transaction, Stock Ownership, AEHR Test Systems