Form 4: AEHR Test Systems CEO Reports Routine Stock Transaction for Tax Withholding
Insider Transaction Report
Gayn Erickson, President and CEO of AEHR Test Systems, reported a routine disposition of shares for tax withholding purposes related to the vesting of restricted stock units.
Summary
- Gayn Erickson, President and CEO of AEHR Test Systems, reported a transaction on July 11, 2025, involving the disposition of 2,489 shares of common stock.
- The shares were withheld at a price of $14.11 per share to satisfy tax withholding obligations upon the vesting of restricted stock units and restricted shares.
- This transaction does not represent a sale by Mr. Erickson.
- Following the reported transaction, Mr. Erickson directly beneficially owns 278,081 shares, which include unvested restricted stock units and restricted shares.
- An additional 291,088 shares are indirectly beneficially owned by a Trust.
Sentiment
Score: 5
Explanation: The document reports a routine administrative transaction (tax withholding for RSU vesting) that is neutral in its implications for the company's financial health or strategic direction.
Positives
- The transaction indicates the vesting of restricted stock units and restricted shares, which represents earned equity compensation for the executive.
Future Outlook
No forward-looking statements or guidance are provided in this Form 4 filing.
Industry Context
This Form 4 filing details a routine insider transaction related to equity compensation, which is a common practice across all industries for publicly traded companies. It does not provide information relevant to broader industry trends or competitive dynamics.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Authorization | The filing includes a Power of Attorney document, which is a standard corporate governance instrument authorizing specific individuals (Chris Siu, Adil Engineer, Vernon Rogers) to file SEC Forms 3, 4, and 5 on behalf of Gayn Erickson. | 2023-06-02 | This is a routine administrative authorization that streamlines SEC filing processes for the reporting person and does not indicate a change in core corporate governance policies or structures. |
Related Party Transactions
- The transaction involves the company and its President and CEO, Gayn Erickson, which is a related party. However, it is a standard equity compensation event (tax withholding upon RSU vesting) rather than a unique related party dealing.
Stakeholder Impact
- Shareholders: Minimal impact, as this is a routine administrative transaction related to executive compensation. It reflects the vesting of equity, which is a planned component of compensation.
- Employees: No direct impact on general employees.
- Customers, Suppliers, Creditors: No direct impact.
Key Dates
| Date | Description |
|---|---|
| 2023-06-02 | Date of Power of Attorney granted by Gayn Erickson to Chris Siu, Adil Engineer, and Vernon Rogers. |
| 2025-07-11 | Date of reported transaction where shares were withheld for tax obligations upon vesting of restricted stock units and restricted shares. |
Keywords
AEHR Test Systems, Gayn Erickson, Form 4, Insider Transaction, Restricted Stock Units, Tax Withholding, Common Stock, CEO, Director, Equity Compensation
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.