Sypris Solutions Inc. DEF 14A: Executive Compensation Details
Ticker: SYPR · Form: DEF 14A · Filed: Apr 21, 2025 · CIK: 864240
| Field | Detail |
|---|---|
| Company | Sypris Solutions Inc (SYPR) |
| Form Type | DEF 14A |
| Filed Date | Apr 21, 2025 |
| Risk Level | low |
| Sentiment | neutral |
Sentiment: neutral
Topics: executive-compensation, proxy-statement, equity-awards
TL;DR
Sypris Solutions Inc. DEF 14A out: exec comp details for 2024, equity awards for PEO & others.
AI Summary
Sypris Solutions Inc. filed its DEF 14A on April 21, 2025, detailing executive compensation for the fiscal year ending December 31, 2024. The filing includes information on equity awards granted to its principal executive officer (PEO) and non-principal executive officers, as well as changes in the fair value of outstanding awards. Sypris Solutions Inc. was formerly known as Group Technologies Corp until March 14, 1994.
Why It Matters
This filing provides shareholders with transparency into how executive compensation is structured and awarded, which can influence investor decisions and company governance.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of executive compensation and does not indicate any immediate financial distress or significant operational changes.
Key Players & Entities
- SYPRIS SOLUTIONS INC (company) — Filer
- Group Technologies Corp (company) — Former company name
- 19940314 (date) — Date of name change
- 20250421 (date) — Filing date
- 2024-12-31 (date) — Fiscal year end
FAQ
What is the primary purpose of a DEF 14A filing?
A DEF 14A filing, also known as a Definitive Proxy Statement, is filed by companies to solicit shareholder votes on important corporate matters, such as the election of directors and executive compensation.
Who are the named executive officers whose compensation is detailed in this filing?
The filing details compensation for the Principal Executive Officer (PEO) and Non-PEO/Non-NEO members, but specific names are not provided in this excerpt.
What types of equity awards are discussed in the filing?
The filing discusses year-end fair value of equity awards granted in covered years, outstanding and unvested equity awards, equity awards in the summary compensation table, and changes in fair value of outstanding equity awards granted in prior years.
What was Sypris Solutions Inc.'s former name and when did the change occur?
Sypris Solutions Inc. was formerly known as Group Technologies Corp, and the name change occurred on March 14, 1994.
What is the fiscal year end for Sypris Solutions Inc.?
The fiscal year end for Sypris Solutions Inc. is December 31.
Filing Details
This Form DEF 14A (Form DEF 14A) was filed with the SEC on April 21, 2025 regarding SYPRIS SOLUTIONS INC (SYPR).