Form 4: AEHR CTO Richmond Reports Tax Withholding
Statement of Changes in Beneficial Ownership
Aehr Test Systems' CTO, Donald P. Richmond II, reported the withholding of shares to cover tax obligations related to restricted stock unit vesting.
Summary
- Donald P. Richmond II, CTO of Aehr Test Systems, reported transactions on October 13 and 14, 2025.
- These transactions involved the withholding of shares to satisfy tax obligations upon the vesting of restricted stock units.
- On October 13, 2025, 422 shares of Common Stock were withheld at a price of $25.52 per share.
- On October 14, 2025, 298 shares of Common Stock were withheld at a price of $27.29 per share.
- Following these transactions, Donald P. Richmond II beneficially owns 214,620 shares, which includes shares subject to unvested restricted stock units.
- The transactions do not represent a sale by the reporting person.
Sentiment
Score: 5
Explanation: The filing reports routine tax withholding transactions related to executive compensation, which is a neutral event with no direct positive or negative implications for the company's operational or financial performance.
Future Outlook
NA
Industry Context
This is a routine insider transaction filing (Form 4) related to equity compensation. It does not provide information on broader industry trends or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Delegation of Authority | Donald P. Richmond II executed a Power of Attorney appointing specific individuals (Gayn Erickson, Chris Siu, Adil Engineer, and Vernon Rogers) to complete and file Section 16 forms (Forms 3, 4, and 5) on his behalf. | 2023-06-02 | Streamlines compliance with Section 16 reporting requirements for the reporting person. |
Stakeholder Impact
- Shareholders: Minimal direct impact as these are routine tax-related transactions, not open market sales.
- Employees: Reflects standard equity compensation practices for executives.
Key Dates
| Date | Description |
|---|---|
| 2023-06-02 | Date Power of Attorney was executed by Donald P. Richmond II. |
| 2025-10-13 | Transaction date for withholding 422 shares of Common Stock for tax obligations. |
| 2025-10-14 | Transaction date for withholding 298 shares of Common Stock for tax obligations and filing of Form 4. |
Keywords
Aehr Test Systems, AEHR, Donald P. Richmond II, CTO, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, Equity Compensation
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