AEHR TEST SYSTEMS — Director's Dealing 2025

Jul 3, 2025

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: AEHR TEST SYSTEMS (AEHR)
CIK: 0001040470
Period of Report: 2025-07-02

Reporting Person: Erickson Gayn (N/A)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2025-07-02	Common Stock	A	13528	—	Acquired	218545	Direct
2025-07-02	Common Stock	A	63847	—	Acquired	282392	Direct
2025-07-02	Common Stock	F	1822	$15.13	Disposed	280570	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	291088	Indirect

Footnotes

F1: 25% of shares subject to the restricted stock unit awards shall vest immediately and the remaining 75% of shares will vest quarterly over the remaining 3 years.

F2: One-sixteenth (1/16) of the total number of shares subject to the restricted stock unit awards shall become exercisable at the end of each three full calendar months following the date of this action, provided that such recipient is still employed by the corporation on such dates.

F3: Represents shares that were withheld to satisfy tax withholding obligations upon vesting of restricted stock units. This does not represent a sale by the Reporting Person.

F4: The amount reported includes shares subject to unvested restricted stock units and unvested restricted shares. Mr. Gayn Erickson received 12,327 shares due to the termination of the Company's Employee Stock Ownership Plan on 04/25/2025. The closing price was $8.76 per share.