Form 4: Aehr Test Systems CTO Reports Routine Tax Withholding
Insider Transaction Report
Aehr Test Systems' Chief Technology Officer, Donald P. Richmond II, reported the withholding of 38 shares of common stock for tax obligations related to restricted stock unit vesting.
Summary
- Donald P. Richmond II, Chief Technology Officer of Aehr Test Systems, reported a transaction on October 2, 2025.
- The transaction involved the disposition of 38 shares of common stock at a price of $32.25 per share.
- This disposition was not a sale by Mr. Richmond but represents shares withheld to satisfy tax withholding obligations upon the vesting of restricted stock units.
- Following this transaction, Mr. Richmond beneficially owns 215,340 shares of common stock, which includes shares subject to unvested restricted stock units.
Sentiment
Score: 5
Explanation: The filing reports a routine insider transaction related to tax withholding on restricted stock unit vesting, which is a neutral event and does not indicate positive or negative sentiment regarding the company's performance or outlook.
Future Outlook
This filing does not contain any forward-looking statements or guidance.
Industry Context
This is a routine insider transaction report (Form 4) detailing tax withholding related to equity compensation, which is a common occurrence across all industries for executives receiving restricted stock units. It does not provide specific insights into broader industry trends or competitive positioning.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Authorization of Attorney-in-Fact | Donald P. Richmond II granted a Power of Attorney to Gayn Erickson, Chris Siu, Adil Engineer, and Vernon Rogers to complete and execute Section 16 filings (Forms 3, 4, and 5) on his behalf. | 06/02/2023 | This streamlines the process for insider trading compliance filings, ensuring timely and accurate reporting by authorized individuals. |
Stakeholder Impact
- Shareholders: This is a routine administrative transaction and is unlikely to have a direct impact on shareholders. It reflects standard equity compensation practices.
Key Dates
| Date | Description |
|---|---|
| 06/02/2023 | Date Power of Attorney was executed by Donald P. Richmond II. |
| 10/02/2025 | Date of the reported transaction (shares withheld for tax obligations). |
| 10/08/2025 | Date the Form 4 was signed by the attorney-in-fact. |
Keywords
Aehr Test Systems, AEHR, Insider Transaction, Form 4, Restricted Stock Units, Tax Withholding, CTO, Donald P. Richmond II
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