Form 4: AEHR CTO Reports RSU Tax Withholding

AEHR Test Systems' CTO, Donald P. Richmond II, reported a disposition of 355 shares of common stock for tax withholding upon restricted stock unit vesting.

Summary

• Donald P. Richmond II, Chief Technology Officer (CTO) of AEHR Test Systems, reported a transaction on January 2, 2026.
• The transaction involved the disposition of 355 shares of AEHR common stock at a price of $22.16 per share.
• This disposition was not a sale by the reporting person but represented shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
• Following this transaction, Mr. Richmond beneficially owns 214,163 shares of AEHR common stock, which includes shares subject to unvested restricted stock units.
• A Power of Attorney, dated June 2, 2023, authorizes Gayn Erickson, Chris Siu, Adil Engineer, and Vernon Rogers to execute Section 16 filings on behalf of Mr. Richmond.

Sentiment

Score: 5

Explanation: The filing reports a routine, non-discretionary tax withholding event related to RSU vesting, which is neutral in sentiment. It does not indicate any positive or negative operational or financial developments for the company.

Positives

• The reported disposition of shares was solely for tax withholding purposes, not a discretionary sale by the CTO.
• The CTO retains a significant beneficial ownership of 214,163 shares, indicating continued alignment with shareholder interests.

Negatives

• No direct negatives are identified as this is a routine, non-discretionary tax-related transaction.

Risks

• No specific risks are mentioned in this routine insider transaction report.

Future Outlook

This filing is a routine report of an insider transaction for tax withholding and does not contain any forward-looking statements or guidance regarding the company's future outlook.

Management Comments

• Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units. This does not represent a sale by the Reporting Person.
• The amount reported includes shares subject to unvested restricted stock units.

Industry Context

This routine insider transaction report (Form 4) for tax withholding purposes does not provide information relevant to broader industry trends or competitive analysis.

Comparison to Industry Standards

• This filing reports a standard tax withholding event upon RSU vesting, which is a common practice across publicly traded companies for executive compensation. It does not contain performance metrics or operational results that would allow for a comparison to specific industry benchmarks or competitors.

Corporate Governance

Stakeholder Impact

• Shareholders: Minimal impact, as it's a routine tax-related transaction and not a discretionary sale. The CTO maintains significant ownership.
• Employees, Customers, Suppliers, Creditors: No direct impact from this specific filing.

Next Steps

• No specific future actions, events, or milestones are mentioned in this routine insider transaction report.

Key Dates

Keywords

AEHR Test Systems, AEHR, Form 4, Insider Transaction, Restricted Stock Units, RSU, Tax Withholding, Beneficial Ownership, CTO, Donald P. Richmond II