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Hurco Companies, Inc. calls a 2026 Annual Meeting on March 12, 2026, asking shareholders to elect eight directors, approve an advisory "say on pay" vote for named executive officers, and ratify Deloitte & Touche LLP as independent auditor for the year ending October 31, 2026.
The Board highlights succession planning, including not renominating director Jay C. Longbottom and adding new nominee Lawrence G. Keyler, plus Executive Chairman Michael Doar’s planned transition to non-executive Chairman if re-elected. The Board emphasizes diversity across directors and executive officers and outlines active oversight of risk, ESG, and governance practices.
The filing describes an executive pay program focused on performance, with significant equity-based compensation, clawback and stock ownership policies, and double-trigger change-in-control protection. For fiscal 2025, Hurco reported sales and service fees of $178.6 million, down 4% year over year, and a net loss of $15.1 million, leading to no payouts under the 2025 short-term incentive plan.
Hurco Companies, Inc. reports fiscal 2025 sales and service fees of $178.6 million, down 4% from the prior year, reflecting softer demand for certain vertical and entry-level machines in the Americas and parts of Europe and lower component shipments from its LCM subsidiary. The company recorded a net loss of $15.1 million, or $2.34 per diluted share, a modest improvement from a $16.6 million loss in 2024.
Hurco is an international industrial technology company focused on CNC machine tools and automation under the Hurco, Milltronics, Takumi, ProCobots, and LCM brands, with about 62% of 2025 revenue generated outside the Americas. The filing describes an extensive multi-brand product portfolio, continued product development in five-axis machining and controls, a global manufacturing footprint centered in Taiwan, Italy, and the U.S., and highlights key risks including industry cyclicality, global economic uncertainty, currency and trade exposure, and geopolitical tensions affecting its supply chain.
Hurco Companies, Inc. filed a current report to notify investors that it has released its financial results. On January 9, 2026, the company reported results of operations for its fourth fiscal quarter and full fiscal year ended October 31, 2025.
The detailed figures and discussion are contained in a press release dated January 9, 2026, which is included as Exhibit 99.1 and incorporated by reference into this report. The press release is furnished under the item covering results of operations and financial condition.
Hurco Companies General Counsel and Corporate Secretary Jonathon D. Wright reported two transactions in the company’s common stock. On January 6, 2026, he acquired 5,718 shares of common stock at $0 per share, increasing his directly held stake to 15,718 shares. On January 7, 2026, a Form 4 code “F” transaction shows 528 shares disposed of at $16.30 per share, leaving him with 15,190 shares of Hurco common stock held directly.
Hurco Companies President & CEO Gregory S. Volovic reported two transactions in Hurco common stock. On January 6, 2026, he acquired 34,530 shares of common stock at a stated price of $0, increasing his direct holdings to 164,002 shares. On January 7, 2026, he had 2,725 shares withheld at $16.3 per share in a transaction coded “F,” typically used for tax withholding related to equity awards, resulting in 161,277 shares held directly after these transactions.
Hurco Companies' Chief Financial Officer, Sonja K. McClelland, reported two stock transactions. On 01/06/2026, she acquired 20,718 shares of Hurco common stock at a reported price of $0, increasing her direct holdings.
On 01/07/2026, 1,873 shares of common stock were disposed of at $16.30 per share with a transaction code "F," which typically reflects shares withheld to cover taxes on an equity award. After these transactions, she directly owned 117,525 shares of Hurco common stock.
Hurco Companies officer HaiQuynh Jamison reported two stock transactions. On January 6, 2026, Jamison acquired 5,525 shares of Hurco Companies common stock at a stated price of $0 per share, increasing direct holdings to 15,879 shares. On January 7, 2026, Jamison disposed of 510 shares of common stock at $16.30 per share under transaction code “F,” typically used for share withholding related to equity awards. After these transactions, Jamison directly owned 15,369 shares of Hurco Companies common stock.
Hurco Companies Inc Executive Chairman Michael Doar, who also serves as a director, reported a disposition of 2,147 shares of common stock on January 7, 2026 at a price of $16.30 per share. After this transaction, he beneficially owned 217,182 shares of Hurco common stock in direct ownership.
Hurco Companies' General Counsel and Corporate Secretary Jonathon D. Wright reported two transactions in the company’s common stock. On January 3, 2026, a transaction coded "F" involved 106 shares at $16.35 per share, leaving him with 10,195 shares held directly. On January 4, 2026, a second "F" transaction covered 195 shares at $16.35 per share, after which he directly owned 10,000 shares of Hurco Companies common stock.
Hurco Companies’ Chief Financial Officer, Sonja K. McClelland, reported two small share dispositions of company common stock. On January 3, 2026, she disposed of 799 shares at $16.35 per share, leaving her with 99,658 shares of common stock directly owned. On January 4, 2026, she reported another disposition of 978 shares at the same $16.35 price per share, after which she directly owned 98,680 shares of Hurco common stock.