Welcome to our dedicated page for Amtech Systems SEC filings (Ticker: ASYS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Amtech Systems Inc. filings document formal disclosures for a semiconductor equipment and consumables manufacturer serving AI semiconductor device packaging and advanced wafer substrate fabrication markets. Recent Form 8-K reports cover furnished quarterly operating results, financial condition updates, customer orders, backlog, cash flow metrics and management commentary on demand across its Thermal Processing Solutions and Semiconductor Fabrication Solutions activities.
ASYS regulatory filings also record corporate governance and compensation matters. The company’s proxy materials and annual meeting filings disclose board elections, auditor ratification, advisory executive compensation votes, named executive officer compensation, equity award information and shareholder voting results. Other 8-K filings document officer appointments, principal financial and accounting officer roles, offer-letter terms and related compensatory arrangements.
Amtech Systems, Inc. President & COO Guy Shechter received a grant of stock options covering 50,000 shares of common stock. These options were awarded as an employee stock option on the reported grant date and are classified as a grant or award acquisition, not an open-market purchase or sale.
The options have an exercise price of $19.67 per share and expire in 2036 if not exercised earlier. One-third of the award vests on each of the first three anniversaries of the grant date, meaning the award becomes exercisable over three years. Following this grant, Shechter holds 50,000 stock options directly.
Amtech Systems, Inc. reported that its Chief Financial Officer, Thomas B. Sabol, received a grant of employee stock options covering 45,000 shares of Amtech Systems, Inc. $0.01 par value common stock. These options have an exercise price of $22.4600 per share and expire on May 14, 2036.
One-third of the options vest on each of the first three anniversaries of the grant date, aligning the award with multi‑year service and performance. Following this grant, Sabol holds 45,000 stock options directly. This is a compensation-related grant, not an open‑market purchase or sale of shares.
AMTECH SYSTEMS INC executive Guy Shechter, serving as President & COO, has filed an initial Form 3 statement of beneficial ownership. The filing shows no reported transactions, exercises, gifts, or restructuring events and no derivative positions, indicating this is a baseline disclosure rather than a trading report.
AMTECH SYSTEMS INC filed an initial ownership report for Chief Financial Officer Thomas B. Sabol on Form 3. The filing lists him as an officer but shows no reported transactions or holdings in either common stock or derivative securities in the data provided.
Amtech Systems, Inc. reported an initial insider ownership filing for Mark Weaver, who serves as Interim CFO. This Form 3 does not list any stock purchases, sales, option exercises, or other transactions, and functions as a baseline disclosure of his status as an officer.
Amtech Systems, Inc. appointed Guy Shechter as President and Chief Operating Officer, effective May 19, 2026, reporting to the CEO. Shechter, age 57, brings prior leadership experience from Yield Engineering Systems and Veeco Instruments. His offer includes a $400,000 base salary, a target bonus equal to 50% of base pay (60% cash, 40% restricted stock), and 50,000 stock options vesting over three years.
The package also provides $10,000 per month for his first six months, up to $25,000 in relocation support, and severance protections. If a Change in Control occurs and his responsibilities are materially diminished, he is eligible for 12 months of base salary, continued bonus eligibility, and full acceleration of unvested equity awards; termination without Cause provides six months of salary and COBRA coverage.
Amtech Systems returned to profitability in the March 31, 2026 quarter as demand improved and prior-year charges rolled off. Net revenue rose to $20.5 million, up from $15.6 million a year earlier, driven mainly by higher Thermal Processing Solutions shipments for AI-related advanced packaging and power devices. Gross margin expanded to 48% from negative 2% as product mix improved and last year’s inventory write-downs did not recur. Net income was $1.2 million, compared with a loss of $31.8 million that had included $22.9 million of goodwill and intangible impairments. For the first six months, revenue was $39.4 million with net income of $1.3 million. Cash and cash equivalents increased to $24.4 million, and the current ratio remained a solid 2.9:1, indicating ample liquidity. New orders grew 24% to $41.8 million year-to-date and backlog increased to $22.3 million, reflecting strong Thermal Processing Solutions bookings, particularly in Asia for AI applications.
Amtech Systems reported a strong fiscal 2026 second quarter, with net revenue of $20.5 million, up 8% from the prior quarter and 31% from a year earlier, driven by demand for AI-related equipment. GAAP gross margin improved to 47.7%, compared with (2.1)% in the prior-year quarter.
GAAP net income was $1.2 million, or $0.08 per diluted share, versus a GAAP net loss of $31.8 million a year ago. Non-GAAP net income was $1.5 million. Cash and cash equivalents rose to $24.4 million from $17.9 million at September 30, 2025.
New customer orders were $21.1 million and backlog was $22.3 million. For the third fiscal quarter ending June 30, 2026, the company expects revenues between $20.5 million and $22.5 million and adjusted EBITDA margin in the low double digits.
Amtech Systems, Inc. appointed Thomas Sabol as Chief Financial Officer, effective May 14, 2026, reporting to the CEO. He will also serve as principal accounting officer and principal financial officer, replacing interim CFO Mark Weaver.
Under his offer letter, Sabol will receive a $350,000 annual base salary and be eligible for an annual incentive bonus targeting 50% of base salary, paid 60% in cash and 40% in restricted stock. He is to receive 45,000 stock options vesting in three equal annual installments, along with severance of twelve months of base salary and full vesting of equity upon a Change in Control, and three months of base salary if terminated without Cause.