Amtech Systems Inc. Director Departs; Officer Comp & New Directors
Ticker: ASYS · Form: 8-K · Filed: Jan 23, 2025 · CIK: 720500
| Field | Detail |
|---|---|
| Company | Amtech Systems Inc (ASYS) |
| Form Type | 8-K |
| Filed Date | Jan 23, 2025 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01, $40,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: director-departure, officer-compensation, corporate-governance
TL;DR
Director David L. Nelson is out at Amtech Systems, with officer comp and new directors also on the agenda.
AI Summary
Amtech Systems, Inc. announced on January 23, 2025, the departure of Director David L. Nelson. The company also reported on compensatory arrangements for its officers and the election of new directors, though specific details on these arrangements and new directors are not provided in this excerpt.
Why It Matters
Changes in board composition and executive compensation can signal shifts in company strategy or governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily reports routine corporate governance changes and compensatory arrangements without immediate financial implications.
Key Players & Entities
- David L. Nelson (person) — Departing Director
- Amtech Systems, Inc. (company) — Registrant
- January 23, 2025 (date) — Date of Report
FAQ
Who has been appointed to replace David L. Nelson on the board of directors?
The filing indicates the election of directors but does not specify who was elected to replace David L. Nelson.
What are the details of the compensatory arrangements for Amtech Systems' officers?
The filing mentions compensatory arrangements of certain officers but does not provide specific details within this excerpt.
When was David L. Nelson's departure effective?
The filing states the date of the report as January 23, 2025, and lists 'Departure of Directors or Certain Officers' as an item, implying the departure occurred around this date, but a specific effective date is not explicitly stated.
What is Amtech Systems, Inc.'s principal executive office address?
Amtech Systems, Inc.'s principal executive offices are located at 58 S. River Drive, Suite 370, Tempe, Arizona 85288.
What is Amtech Systems, Inc.'s fiscal year end?
Amtech Systems, Inc.'s fiscal year ends on September 30.
Filing Stats: 849 words · 3 min read · ~3 pages · Grade level 12.3 · Accepted 2025-01-23 16:09:24
Key Financial Figures
- $0.01 — ch registered Common Stock, par value $0.01 per share ASYS Nasdaq Global Select
- $40,000 — the form of an annual cash retainer of $40,000, paid quarterly, for service on our Boa
Filing Documents
- asys-20250123.htm (8-K) — 43KB
- 0000950170-25-008328.txt ( ) — 155KB
- asys-20250123.xsd (EX-101.SCH) — 24KB
- asys-20250123_htm.xml (XML) — 5KB
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: January 23, 2025 By: /s/ Wade M. Jenke Name: Wade M. Jenke Title: Chief Financial Officer