Form 4: Aehr Test Systems CEO Gayn Erickson Reports Stock Transaction
SEC Form 4 Filing
Gayn Erickson, President and CEO of Aehr Test Systems, reports a transaction involving common stock related to tax withholding obligations.
Summary
- Gayn Erickson, the President and CEO of Aehr Test Systems, filed a Form 4 on April 11, 2025.
- The filing reports a transaction where 1,747 shares of common stock were disposed of to satisfy tax withholding obligations upon the vesting of restricted stock units and restricted shares at a price of $8.515 per share.
- Following the transaction, Erickson directly owns 197,450 shares and indirectly owns 291,088 shares through a trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is related to tax obligations and does not represent a significant change in ownership.
Key Dates
| Date | Description |
|---|---|
| June 2, 2023 | Date of Power of Attorney execution, authorizing Chris Siu, Adil Engineer, and Vernon Rogers to act on behalf of Gayn Erickson for Section 16 filings. |
| April 11, 2025 | Date of the reported stock transaction where shares were withheld to satisfy tax obligations. |
Keywords
Form 4, Aehr Test Systems, Gayn Erickson, Stock Transaction, Beneficial Ownership, Tax Withholding, Restricted Stock Units, AEHR
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