The estimated Net Worth of Rhea J Posedel is at least $14.3 Millón dollars as of 6 February 2024. Mr. Posedel owns over 18,000 units of Aehr Test Systems stock worth over $285,171 and over the last 21 years he sold AEHR stock worth over $13,854,091. In addition, he makes $146,118 as Chairman of the Board of Directors at Aehr Test Systems.
Rhea has made over 46 trades of the Aehr Test Systems stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 18,000 units of AEHR stock worth $70,740 on 6 February 2024.
The largest trade he's ever made was selling 150,000 units of Aehr Test Systems stock on 28 September 2021 worth over $2,112,000. On average, Rhea trades about 10,729 units every 46 days since 2003. As of 6 February 2024 he still owns at least 21,970 units of Aehr Test Systems stock.
You can see the complete history of Mr. Posedel stock trades at the bottom of the page.
Rhea J. Posedel serves as Chairman of the Board of Directors of the Company. He is a founder of the Company and has served as the Chairman of the Board of Directors since the Company’s inception in 1977. He also served as Executive Chairman of the Company from January 2012 to March 2013. Mr. Posedel served as Chief Executive Officer of the Company since the Company’s inception in 1977 until January 2012. From the Company’s inception through May 2000, Mr. Posedel also served as President of the Company. Prior to founding the Company, Mr. Posedel held various project engineering and engineering managerial positions at Lockheed Martin Corporation, Ampex Corporation, and Cohu, Inc. Mr. Posedel received a B.S. in Electrical Engineering from the University of California, Berkeley, an M.S. in Electrical Engineering from San Jose State University and an M.B.A. from Golden Gate University.
As the Chairman of the Board of Directors of Aehr Test Systems, the total compensation of Rhea Posedel at Aehr Test Systems is $146,118. There are 10 executives at Aehr Test Systems getting paid more, with Vernon Rogers having the highest compensation of $576,768.
Rhea Posedel is 76, he's been the Chairman of the Board of Directors of Aehr Test Systems since 2013. There are 1 older and 17 younger executives at Aehr Test Systems. The oldest executive at Aehr Test Systems is Rhea J. Posedel, 79, who is the Founder & Chairman.
Rhea's mailing address filed with the SEC is C/O AEHR TEST SYSTEMS, 400 KATO TERRACE, FREMONT, CA, 94539.
Over the last 24 years, insiders at Aehr Test Systems have traded over $78,968,408 worth of Aehr Test Systems stock and bought 1,434,295 units worth $2,651,706 . The most active insiders traders include Gayn Erickson, John M. Schneider y Rhea J Posedel. On average, Aehr Test Systems executives and independent directors trade stock every 12 days with the average trade being worth of $297,424. The most recent stock trade was executed by Howard T Slayen on 2 August 2024, trading 20,000 units of AEHR stock currently worth $310,000.
headquartered in fremont, california, aehr test systems is a worldwide supplier of systems for burning-in and testing memory and logic integrated circuits and has an installed base of more than 2,500 systems worldwide. aehr test has developed and introduced several innovative products, including the abts, foxtm and max systems and the diepak® carrier. the abts system is aehr test’s newest system for packaged part test during burn-in for both low-power and high-power logic as well as all common types of memory devices. the fox system is a full wafer contact test and burn-in system. the max system can effectively burn-in and functionally test complex devices, such as digital signal processors, microprocessors, microcontrollers and systems-on-a-chip. the diepak carrier is a reusable, temporary package that enables ic manufacturers to perform cost-effective final test and burn-in of bare die.
Aehr Test Systems executives and other stock owners filed with the SEC include: