Form 4: Gayn Erickson Files SEC Form 4
Statement of Changes in Beneficial Ownership
Gayn Erickson, President and CEO of AEHR TEST SYSTEMS, reported a transaction involving common stock on April 14, 2026.
Summary
- Gayn Erickson, President and CEO and Director of AEHR TEST SYSTEMS, filed a Form 4 statement on April 14, 2026.
- The filing details a transaction where 2,784 shares of common stock were withheld to satisfy tax obligations upon the vesting of restricted stock units and restricted shares.
- This transaction is not considered a sale by the reporting person.
- Following this event, Erickson beneficially owns 185,511 shares of common stock, which includes shares subject to unvested restricted stock units and restricted shares.
- Additionally, 197,723 shares are held indirectly by a trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as it represents a routine administrative transaction (tax withholding) rather than a significant change in ownership or company performance.
Positives
- The transaction described is a standard tax withholding event, not a sale of shares, indicating continued beneficial ownership by management.
- The reporting person, Gayn Erickson, holds a significant number of shares (185,511 directly and 197,723 indirectly), demonstrating a strong alignment of interest with shareholders.
Negatives
- The filing does not report any negative financial events or performance indicators.
Risks
- The filing does not explicitly mention any current issues or potential future challenges.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for Section 16 reporting persons, providing transparency into insider transactions. This filing by AEHR TEST SYSTEMS' President and CEO is a routine update on beneficial ownership and tax-related share withholding.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney | Gayn Erickson granted a Power of Attorney to Chris Siu, Adil Engineer, and Vernon Rogers to execute and file Forms 3, 4, and 5 on his behalf. | 06/02/2023 | Facilitates compliance with Section 16 reporting requirements by allowing designated individuals to act on behalf of the reporting person. |
Stakeholder Impact
- Shareholders: The filing confirms continued significant beneficial ownership by the President and CEO, aligning management's interests with those of shareholders. The tax withholding event does not represent a sale of shares, thus not reducing management's stake.
Next Steps
- Continue to monitor future SEC filings for any changes in beneficial ownership or insider transactions by AEHR TEST SYSTEMS management.
Key Dates
| Date | Description |
|---|---|
| 06/02/2023 | Date of execution for the Power of Attorney granted by Gayn Erickson. |
| 04/14/2026 | Date of the reported transaction (tax withholding) and earliest transaction date mentioned in the Form 4. |
Keywords
SEC Form 4, AEHR TEST SYSTEMS, Gayn Erickson, beneficial ownership, common stock, restricted stock units, tax withholding, insider transaction
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