Axcelis Technologies filings document the formal disclosures of a semiconductor equipment company focused on ion implantation systems and lifecycle support. Its Form 8-K reports cover operating results, material events, financial-condition updates, executive officer changes and annual-meeting voting results.
Proxy materials describe board elections, stockholder voting mechanics, independent auditor ratification, executive compensation and share ownership by directors, officers and significant holders. The filing record also includes disclosures related to material agreements, governance matters and capital-structure subjects tied to the company’s common stock and public-company reporting obligations.
Axcelis Technologies Senior Vice President and Interim CFO David Ryzhik filed an initial ownership report showing direct holdings of 7,142 shares of common stock as of March 12, 2026. Of these, 6,349 shares are issuable upon vesting of restricted stock units granted under the 2012 Equity Incentive Plan and remain subject to forfeiture.
Axcelis Technologies announced a planned CFO transition. James Coogan notified the company on March 10, 2026 that he will resign as Chief Financial Officer effective April 24, 2026, and his departure is not due to any disagreement over financial statements, operations, policies, or practices.
On March 12, 2026, the board appointed David Ryzhik, age 46, as Interim Chief Financial Officer effective the same day. His compensation for this role includes a monthly base salary increase of $8,750, an additional annual bonus opportunity of $27,242 per month, and time-based RSUs with an aggregate grant date fair value of $400,000.
Ryzhik has more than 20 years of finance and investor relations experience and has served as Senior Vice President of Investor Relations and Corporate Strategy at Axcelis since July 2024. The company highlighted his role in its pending merger with Veeco and emphasized continuity in financial leadership and ongoing integration planning during the transition.
Axcelis Technologies executive vice president of global operations Robert John Mahoney reported a tax-withholding share disposition tied to vesting of performance-based restricted stock units. On March 2, 2026, 573 shares of common stock were forfeited at a price of $86.58 per share to satisfy tax obligations on 2024 PRSUs that vested on February 28, 2026. After this withholding, he beneficially owns 14,633 shares, including 10,543 shares issuable upon vesting of restricted stock units that remain subject to forfeiture.
Axcelis Technologies executive Gerald M. Blumenstock reported a tax-related share disposition. On March 2, he forfeited 1,121 shares of common stock at a price of $86.58 per share to cover tax withholding triggered by the February 28, 2026 vesting of previously granted performance-based restricted stock units. After this withholding, he directly holds 17,540 shares, including 16,525 shares issuable upon vesting of restricted stock units that remain subject to forfeiture.
Axcelis Technologies EVP Global Customer Operations Christopher Tatnall reported a tax-withholding disposition of 1,121 shares of common stock at $86.58 per share on March 2, 2026. The shares were withheld to cover taxes on vested 2024 performance-based restricted stock units. After this, Tatnall directly holds 23,183 shares, including 17,570 shares issuable upon future vesting of restricted stock units that remain subject to forfeiture.
Axcelis Technologies executive Greg Redinbo reported a tax-related share disposition. On March 2, 2026, he forfeited 723 shares of Axcelis common stock at $86.58 per share to cover tax withholding arising from the February 28, 2026 vesting of performance-based 2024 PRSUs.
After this tax-withholding disposition, he directly holds 31,938 shares, including 16,984 shares issuable upon vesting of restricted stock units granted under the 2012 Equity Incentive Plan, which remain subject to forfeiture.
Axcelis Technologies EVP and CFO James Gordon Coogan reported a tax-related share disposition. On March 2, 2026, 1,800 shares of common stock were forfeited at $86.58 per share to cover tax withholding from the February 28, 2026 vesting of 2024 performance-based RSUs. After this transaction, he directly held 37,144 shares, including 31,096 shares issuable upon vesting of restricted stock units that remain subject to forfeiture.
Axcelis Technologies President and CEO Russell Low reported a tax-related share disposition connected to the vesting of performance-based restricted stock units granted in May 2024. On the tax-withholding date, 5,227 shares of common stock were forfeited at $86.58 per share to cover tax obligations.
After this withholding, Low directly held 130,928 shares of Axcelis common stock, including 79,638 shares issuable upon vesting of restricted stock units that remain subject to forfeiture.
Axcelis Technologies reports 2025 revenue of $839.0 million, down from $1,017.9 million in 2024, as the cyclical semiconductor capital equipment market softened. Systems revenue fell to $571.0 million, while gross margin held essentially steady at 44.9% versus 44.7%.
Operating profit declined to $119.3 million and net income to $120.2 million, reflecting lower volumes despite stable profitability per dollar of sales. Aftermarket CS&I revenue grew to $268.0 million, or 31.9% of total revenue, highlighting a larger recurring service base. Systems backlog was $457.0 million at year-end, below $645.8 million in 2024.
The company remains focused on ion implantation, competing mainly with Applied Materials and several Asian rivals, and faces elevated U.S. export-control risk around Chinese customers. Axcelis also outlines risks and terms of its planned all‑stock merger with Veeco, including a fixed 0.3575 exchange ratio for Veeco shares and required regulatory approvals.