---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-23-009282"
form_type: "8-K"
ticker: "AEHR"
cik: "0001040470"
company_name: "AEHR TEST SYSTEMS"
filed_at: "2023-07-17T23:59:59+00:00"
generated_at: "2026-06-13T07:26:35.517565+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.3
calibrated_materiality_score: 0.3
confidence: "high"
source: SEC EDGAR
---

# Aehr Test Systems sets FY2024 executive comp; CTO Hendrickson retired May 31

## Summary
- CEO Erickson base salary $456k; annual equity award 25,239 RSUs plus performance shares up to 45,078 total.
- EVP Rogers base salary $283,500; annual equity award 6,200 RSUs plus performance shares up to 13,408 total.
- CTO Hendrickson retired as officer effective May 31, 2023; no replacement named.
- Board eliminated per-meeting fees; Chairman gets $87.5k cash + $160k RSUs; other chairs $72.5k cash + $140k RSUs.
- CEO eligible for target cash bonus up to 106.4% of base tied to profitability, bookings, new customers, ESG.

## SEC filing metadata
- accession: 0001654954-23-009282
- form_type: 8-K
- ticker: AEHR
- cik: 0001040470
- company_name: AEHR TEST SYSTEMS
- filed_at: 2023-07-17T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.3
- calibrated_materiality_score: 0.3
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040470/000165495423009282/0001654954-23-009282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040470/000165495423009282/aehr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-23-009282
- JSON: https://secwatch.observer/filing/0001654954-23-009282.json
- Plain text: https://secwatch.observer/filing/0001654954-23-009282.txt

## Key facts
- Executive change
  David S. Hendrickson retired as Chief Technology Officer at AEHR TEST SYSTEMS.
  - Action: retired
  - Role: Chief Technology Officer
  source text: Mr. David S. Hendrickson retired as an officer of the Company on May 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1040470/000165495423009282/0001654954-23-009282-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
