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 director Michael Garnreiter reported equity-award activity involving restricted stock units and common shares. On March 4, he received a grant of 2,839 restricted stock units, each representing a contingent right to one share of Amtech Systems common stock.
On March 5, he exercised or converted 8,081 restricted stock units at a price of $0.00 per unit, acquiring 8,081 shares of Amtech Systems common stock. Following these transactions, he held 2,839 restricted stock units and 38,569 common shares, all reported as directly owned.
Amtech Systems, Inc. reported the results of its 2026 Annual Meeting of Shareholders. Shareholders elected five directors—Robert C. Daigle, Asif Jakwani, Robert M. Averick, Michael Garnreiter, and Michael M. Ludwig—to one-year terms on the board.
As of January 13, 2026, 14,394,885 common shares were outstanding and eligible to vote, and 10,468,896 shares, or 72.73%, were represented at the meeting. Shareholders also ratified KPMG LLP as independent auditor for the fiscal year ending September 30, 2026 and approved, on an advisory basis, the compensation of the named executive officers.
Wax Asset Management, LLC has filed an amended Schedule 13G reporting its beneficial ownership of Amtech Systems Inc. common stock. The firm reports holding 1,319,773 shares, representing 9.2% of the class, with sole voting and sole dispositive power over all reported shares.
The filing states that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Amtech Systems Inc., nor in connection with any transaction intended to have that effect.
Amtech Systems reported net revenue of $18.97 million for the three months ended December 31, 2025, down from $24.39 million a year earlier as system shipments declined in both segments. Gross profit was $8.49 million, or 45% of revenue. Net income was $0.11 million, or $0.01 per diluted share, compared with $0.31 million, or $0.02 per diluted share.
Thermal Processing Solutions generated $13.98 million of revenue, while Semiconductor Fabrication Solutions contributed $4.99 million, with lower polishing and cleaning equipment shipments partly offset by stronger consumables. New orders rose 14% to $20.65 million and backlog increased to $21.57 million, supported by demand for AI-related advanced packaging tools. Operating cash flow improved to $4.10 million, lifting cash and cash equivalents to $22.08 million and keeping the current ratio at 2.9:1.
Amtech Systems, Inc. furnished an 8-K to share that it has released its financial results for the first quarter ended December 31, 2025. The company distributed these results through a press release that is attached as Exhibit 99.1.
The 8-K specifies that the earnings information, including Exhibit 99.1, is provided under Item 2.02 and is treated as “furnished” rather than “filed,” which limits certain legal liabilities. The filing also includes an Inline XBRL cover page as Exhibit 104.
Amtech Systems, Inc. will hold its 2026 annual shareholder meeting on March 4, 2026 in Tempe, Arizona. Shareholders will vote to elect five directors for one-year terms, ratify KPMG LLP as independent auditor for the year ending September 30, 2026, and approve an advisory resolution on named executive officer pay.
The Board currently has five members, with CEO Robert C. Daigle also serving as Chairman and four independent directors, all of whom sit on the Audit, Compensation, and Nominating and Governance Committees. The company uses a mix of salary, cash incentives and equity awards, with recent changes emphasizing EBITDA-based bonuses for most executives and option-heavy compensation for the CEO. Former CFO Wade M. Jenke resigned effective December 29, 2025, and Mark Weaver was appointed Interim CFO as the Board searches for a permanent successor.
Dimensional Fund Advisors LP filed an amended Schedule 13G stating it is deemed to beneficially own 672,107 shares of Amtech Systems Inc common stock, representing 4.7% of the class as of the reporting date. Dimensional reports sole voting power over 656,802 shares and sole dispositive power over 672,107 shares, with no shared voting or dispositive authority.
The shares are owned by various funds and accounts for which Dimensional or its subsidiaries act as adviser or manager, and Dimensional disclaims beneficial ownership beyond Section 13(d) reporting purposes. The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Amtech Systems.
Amtech Systems, Inc. appointed Mark Weaver as Interim Chief Financial Officer, effective December 16, 2025, reporting to the CEO. He will also serve as the company’s principal accounting officer and principal financial officer, filling the vacancy created by previously disclosed CFO Wade M. Jenke’s resignation effective as of the close of business on December 29, 2025.
Weaver, age 65, has held senior finance and accounting roles at Rogers Corporation, Internap Corporation, Resources Global Professionals and NXP Semiconductors N.V., and holds a B.S. in Accounting and an MBA. Under his offer letter, he will receive an annual base salary of $290,000 and may participate in the company’s employee benefit programs. His interim CFO role is currently expected to end at March 30, 2026, and the agreement is at will. The company states there are no family relationships, special arrangements, or material related-party interests connected to his appointment.
Robert M. Averick, a director and 10% owner related to Kokino Family clients, reported multiple transactions in Amtech Systems Inc. (ASYS). The filing shows Mr. Averick (indirectly) is associated with 2,250,000 shares held by Kokino Family Clients, plus 500 shares in a custodial account and 11,000 shares held by his spouse. On 09/02/2025 he exercised four director options (each reported with code "M") to acquire 6,000 shares apiece at exercise prices of $5.40, $5.75, $4.77, and $4.90, increasing reported underlying positions. He also reports 8,081 restricted stock units and a total of 36,000, 30,000, 24,000 and 18,000 option-related holdings per option series.