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AEHR · Current Report (Form 8-K) · Filed October 21, 2025

Aehr Test Systems — Current Report (Form 8-K)

Form
8-K
Filed
October 21, 2025
Period
Oct 20, 2025
Ticker
AEHR
Accession
0001654954-25-012028
Boardroom Alpha · Filing insights

Six directors elected; approvals include increases to equity incentive plan and employee stock purchase plan.

About Aehr Test Systems
Market cap
$3.1B
1Y TSR
+258.1%
3Y TSR
+28.7%
Board grade
B+
Sector
Technology
CEO
Gayn Erickson
Last annual meeting: Oct 19, 2026 · View full Aehr Test Systems profile →
aehr_8k.htm

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 _______________________

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported)

 

October 20, 2025

  _______________________

 

AEHR TEST SYSTEMS

(Exact name of registrant as specified in its charter)

 

California

 

000-22893

 

94-2424084

(State or other jurisdiction

of incorporation)

 

(Commission

 File Number)

 

(IRS Employer

Identification No.)

 

400 KATO TERRACE

FREMONT, CA 94539

(Address of principal executive offices, including zip code)

 

510-623-9400

(Registrant’s telephone number, including area code)

 

 N/A

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

 

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

 

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

 

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, par value $0.01 per share

AEHR

The NASDAQ Capital Market

 

 

 

 

Item 5.07.  Submission of Matters to a Vote of Security Holders.

 

The Annual Meeting of shareholders of Aehr Test Systems (the “Company”) was held on October 20, 2025 (the “Annual Meeting”).  There were 29,968,988 shares of common stock entitled to vote at the Annual Meeting and 20,156,704 shares were present in person or by proxy. 

 

Three items of business were acted upon by the shareholders at the Annual Meeting.  The final voting results are as follows:

 

Proposal One:  Elect Directors of the Company.

 

 

 

VOTES

 

 

VOTES

 

 

BROKER

 

NOMINEE

 

FOR

 

 

WITHHELD

 

 

NON-VOTES

 

Rhea J. Posedel

 

 

11,951,671

 

 

 

935,739

 

 

 

7,269,294

 

Gayn Erickson

 

 

12,786,776

 

 

 

100,634

 

 

 

7,269,294

 

Fariba Danesh

 

 

12,769,824

 

 

 

117,586

 

 

 

7,269,294

 

Laura Oliphant

 

 

12,749,521

 

 

 

137,889

 

 

 

7,269,294

 

Geoffrey G. Scott

 

 

12,461,887

 

 

 

425,523

 

 

 

7,269,294

 

Howard T. Slayen

 

 

12,501,592

 

 

 

385,818

 

 

 

7,269,294

 

 

Each of the six nominees was elected to serve as a director until the next Annual Meeting or until his or her successor is elected and qualified, or until his or her earlier retirement, resignation, disqualification, removal, or death.

 

Proposal Two:  Approve an amendment to the Company's 2023 Equity Incentive Plan to increase the number of shares of Common Stock reserved for issuance thereunder by an additional 2,500,000 shares of common stock.

 

 

 

VOTES

 

 

VOTES

 

 

VOTES

 

 

BROKER

 

PROPOSAL

 

FOR

 

 

AGAINST

 

 

ABSTAIN

 

 

NON-VOTES

 

TWO

 

 

10,195,258

 

 

 

2,557,754

 

 

 

134,398

 

 

 

7,269,294

 

 

The foregoing proposal was approved.

 

Proposal Three:  Approve an amendment to the Company's Amended and Restated 2006 Employee Stock Purchase Plan to increase the number of shares reserved for issuance thereunder by an additional 300,000 shares of common stock.

 

 

 

VOTES

 

 

VOTES

 

 

VOTES

 

 

BROKER

 

PROPOSAL

 

FOR

 

 

AGAINST

 

 

ABSTAIN

 

 

NON-VOTES

 

THREE

 

 

12,426,742

 

 

 

408,558

 

 

 

52,110

 

 

 

7,269,294

 

 

 
2

 

 

The foregoing proposal was approved.

 

Proposal Four: Ratify the selection, by the Audit Committee of the Board of Directors, of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending May 29, 2026.

 

 

 

VOTES

 

 

VOTES

 

 

VOTES

 

 

BROKER

 

PROPOSAL

 

FOR

 

 

AGAINST

 

 

ABSTAIN

 

 

NON-VOTES

 

FOUR

 

 

20,075,919

 

 

 

40,528

 

 

 

40,257

 

 

 

-

 

 

The foregoing proposal was accordingly ratified.

 

Proposal Five:  Approve, on a non-binding, advisory basis, the compensation of the Company’s named executive officers.

 

 

 

VOTES

 

 

VOTES

 

 

VOTES

 

 

BROKER

 

PROPOSAL

 

FOR

 

 

AGAINST

 

 

ABSTAIN

 

 

NON-VOTES

 

FIVE

 

 

11,178,940

 

 

 

1,610,314

 

 

 

98,156

 

 

 

7,269,294

 

 

The foregoing proposal was approved.

 

Proposal Six:  Hold an advisory (non-binding) vote on the frequency of future advisory (non-binding) votes on the compensation of the Company’s named executive officers.

 

 

 

 

 

 

 

 

 

VOTES

 

 

BROKER

 

PROPOSAL

 

1 YEAR

 

 

2 YEAR

 

 

3 YEAR

 

 

ABSTAIN

 

 

NON-VOTES

 

SIX

 

 

12,409,670

 

 

 

76,078

 

 

 

153,763

 

 

 

247,899

 

 

 

7,269,294

 

 

The “1 YEAR” frequency of future advisory votes on the Company’s executive compensation was approved.

 

Based on the votes set forth above, the Company’s Board of Directors determined that the Company will hold future advisory votes on the Company’s executive compensation every year. The next required advisory vote on the frequency of future advisory votes on the Company’s executive compensation will take place no later than the Company’s 2031 Annual Meeting of Shareholders.

 

 
3

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 Aehr Test Systems

(Registrant)

    
Date: October 21, 2025   By:/s/ Chris P. Siu

 

 

Chris P. Siu 
  Executive Vice President of Finance and 
  Chief Financial Officer  

 

 
4

 

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More filings

Other filings from Aehr Test Systems (AEHR)

Reference

Frequently asked questions

When did Aehr Test Systems file this 8-K?
Aehr Test Systems (AEHR) filed this Current Report (Form 8-K) with the SEC on October 21, 2025. The accession number assigned by EDGAR is 0001654954-25-012028.
What does an 8-K disclose?
Form 8-K is the SEC's current-report form, used to disclose material events between periodic reports (10-K / 10-Q). Triggers include CEO/CFO departures, acquisitions, bankruptcies, earnings releases, auditor changes, changes in fiscal year, and amendments to corporate governance. Each 8-K is keyed to one or more Item numbers (1.01 through 9.01).
What is the key takeaway from this filing?
Six directors elected; approvals include increases to equity incentive plan and employee stock purchase plan. This is Boardroom Alpha's one-line summary of the current report; see the full filing text above for the formal disclosure.
What Item codes does an 8-K cover?
An 8-K's Item codes (1.01 through 9.01) specify what kind of event is being disclosed — e.g. Item 1.01 for entering a material agreement, Item 5.02 for departure/election of directors and executive officers, Item 8.01 for other events. The Item codes for this 8-K appear in the filing text above.
Where can I find Aehr Test Systems's prior current reports on EDGAR?
The SEC EDGAR browser lists every 8-K Aehr Test Systems has filed under CIK 1040470, sortable by date. Use the "View on SEC EDGAR" link in the page header, or browse directly via https://www.sec.gov/cgi-bin/browse-edgar.
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