CEO Cashes In Amid AI Stock Surge | Business and Finance News

Gayn Erickson, CEO of Aehr Test Systems, cashed in big—selling 40K shares via an indirect holding for $5.2M at $138.84/share, a premium over the day’s close. The move, on Aug. 12, 2026, represented ~20% of his indirect stake, yet he still holds over 350K shares—including unvested stock. Despite the company’s recent net losses, its stock has soared 500% in a year fueled by AI hype. This isn’t Erickson’s first rodeo—he’s been harvesting gains as the stock climbs, all while staying deeply invested in the company’s long-term potential. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/805c5e0b71d4d2d5