Amtech Systems Reports Officer Changes & Compensation on Feb 29
Ticker: ASYS · Form: 8-K · Filed: Feb 29, 2024 · CIK: 720500
| Field | Detail |
|---|---|
| Company | Amtech Systems Inc (ASYS) |
| Form Type | 8-K |
| Filed Date | Feb 29, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $0.01, $500,000, $6.00 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, executive-compensation, officer-changes
TL;DR
**Amtech Systems just dropped an 8-K detailing changes in its executive team and their pay, effective February 29, 2024.**
AI Summary
Amtech Systems, Inc. filed an 8-K on February 29, 2024, to report on the departure or election of directors or certain officers, appointment of certain officers, and compensatory arrangements of certain officers. The filing also covers financial statements and exhibits. The company, based in Tempe, Arizona, operates under the SIC code for Special Industry Machinery, NEC.
Why It Matters
This filing provides transparency into Amtech Systems' leadership structure and executive compensation, which can influence investor confidence and future strategic direction.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of corporate governance and compensation changes, not indicating immediate financial distress or major operational shifts.
Key Players & Entities
- Amtech Systems, Inc. (company) — Registrant
- February 29, 2024 (date) — Date of earliest event reported
- Arizona (location) — State of Incorporation
- Tempe (location) — City of Principal Executive Offices
- 000-11412 (other) — Commission File Number
FAQ
What was the date of the earliest event reported in this 8-K filing?
The date of the earliest event reported in this 8-K filing was February 29, 2024.
What items were reported in this 8-K filing by Amtech Systems, Inc.?
The 8-K reported on the Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers, and Financial Statements and Exhibits.
Where are Amtech Systems, Inc.'s principal executive offices located?
Amtech Systems, Inc.'s principal executive offices are located at 131 S. Clark Drive, Tempe, Arizona, 85288.
What is Amtech Systems, Inc.'s Commission File Number?
Amtech Systems, Inc.'s Commission File Number is 000-11412.
What is the Registrant's telephone number?
The Registrant's telephone number is (480) 967-5146.
Filing Stats: 603 words · 2 min read · ~2 pages · Grade level 11.3 · Accepted 2024-02-29 16:20:35
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share ASYS Nasdaq Global Select
- $500,000 — an aggregate fair market value equal to $500,000 as of August 14, 2024 and August 14, 20
- $6.00 — of the Company at an exercise price of $6.00 per share, which represents a premium o
Filing Documents
- asys-20240229.htm (8-K) — 41KB
- 0000950170-24-023120.txt ( ) — 152KB
- asys-20240229.xsd (EX-101.SCH) — 24KB
- asys-20240229_htm.xml (XML) — 5KB
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. d) Exhibits. Exhibit No. Description 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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. AMTECH SYSTEMS, INC. Date: February 29, 2024 By: /s/ Lisa D. Gibbs Title: Chief Financial Officer