Hurco Co SEC Filings

Hurco Companies, Inc. (HURC) reported select disclosures in its Form 10-Q: the company held a forward contract designated as a hedge of Euro‑denominated net investments that matures in November 2025 and has produced a $1.2 million realized gain and a $0.1 million unrealized loss, net of tax, recorded in accumulated other comprehensive loss. Share counts reported approximately 6.57 million shares issued and 6.40 million shares outstanding as of July 31, 2025. The 2016 Equity Incentive Plan was increased twice (additional 850,000 shares in 2022 and again in 2025) and grant date fair value for recent grants was based on a closing price of $19.81 per share or PSU. Long‑term incentive PSUs vest partly on performance (approximately 55% performance‑based) over a three‑year 2025–2027 period; components include NI (30% of package) and FCF (25% of package) with payout ranges from 50% to 200% of target. Under the 2018 Credit Agreement the company has a $40.0 million revolving facility with covenants including maximum letters of credit of $10.0 million, maximum loans to Hurco B.V. of $20.0 million, maximum alternative currency loans of $20.0 million, and a scheduled maturity of December 31, 2025. Covenants require minimum working capital of $125.0 million and minimum tangible net worth of $176.5 million, and annual repurchases capped at $25.0 million. The company recorded $5.3 million of income (loss) for the nine months of fiscal 2025 versus $8.2 million in the prior year period and established a $4.0 million valuation allowance against U.S., Chinese and Italian deferred tax assets, reflecting a full valuation allowance in those jurisdictions.

Hurco Companies, Inc. (HURC) – Form 4 insider filing

Executive Chairman and Director Michael Doar reported the open-market purchase of 3,000 shares of Hurco common stock on 2 July 2025. The three separate transactions were executed at prices of $20.3813, $20.3148 and $20.4999 per share, for an aggregate cash outlay of roughly $61 K. Following these buys, Doar’s direct beneficial ownership increased from 223,460 to 226,460 shares.

No derivative securities were reported and there were no dispositions. The filing was signed on 7 July 2025.

• Insider role: Doar serves as Executive Chairman and remains a Board Director.
• Transaction type: Code “P” denotes open-market purchases.
• Ownership form: All shares are held directly.

Insider buying, particularly by a senior executive, can be interpreted as a signal of confidence in the company’s prospects. However, the filing provides no additional financial or operational data; investors should view the information in the context of Hurco’s broader fundamentals and upcoming disclosures.

Hurco Companies, Inc. (HURC) – Form 4 Insider Transaction

Executive Chairman and Director Michael Doar reported an open-market purchase (transaction code “P”) of 2,000 shares of Hurco common stock on 26 June 2025 at an average price of $18.50 per share, representing an investment of roughly $37,000. Following the purchase, Doar’s direct beneficial ownership increased to 223,460 shares. No derivative transactions were disclosed, and no insider sales were reported.

The purchase is modest relative to Doar’s existing stake (<1% incremental increase) but nonetheless signals incremental insider confidence. Because the dollar value is small versus typical trading volume and Hurco’s market capitalisation, the filing is unlikely to be materially price-moving on its own, yet it may be viewed positively by investors who track insider sentiment.

Hurco Companies (HURC) filed a Form 4 reporting that Executive Chairman and Director Michael Doar purchased a total of 6,000 common shares in open-market transactions on 23-24 June 2025. The shares were acquired at prices ranging from $15.68 to $15.99, representing an aggregate outlay of approximately $95,000. Following these trades, Doar’s direct ownership increased to 221,460 shares. No sales or derivative transactions were disclosed.