---
schema_version: "secwatch.filing_event.v1"
accession: "0001654954-24-011548"
form_type: "8-K"
ticker: "AEHR"
cik: "0001040470"
company_name: "AEHR TEST SYSTEMS"
filed_at: "2024-09-06T23:59:59+00:00"
generated_at: "2026-05-31T06:01:02.042956+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Aehr Test Systems enters new severance agreements with CEO, CFO, and other executives

## Summary
- CEO Gayn Erickson: 24 months salary, 200% target bonus, full equity acceleration on change-in-control termination.
- CFO Chris P. Siu: 18 months salary, 150% target bonus; other execs: 12 months salary, 100% target bonus.
- Outside change in control: CEO 12 months, CFO 9 months, other execs 6 months salary, with prorated bonus and partial equity vesting.
- Death or disability triggers non-CIC severance with healthcare continuation; disability includes ArmadaCare benefit.
- Agreements effective August 31, 2024, superseding prior severance agreements for all named officers.

## SEC filing metadata
- accession: 0001654954-24-011548
- form_type: 8-K
- ticker: AEHR
- cik: 0001040470
- company_name: AEHR TEST SYSTEMS
- filed_at: 2024-09-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1040470/000165495424011548/0001654954-24-011548-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1040470/000165495424011548/aehr_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001654954-24-011548
- JSON: https://secwatch.observer/filing/0001654954-24-011548.json
- Plain text: https://secwatch.observer/filing/0001654954-24-011548.txt

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