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SCI Engineered Materials (OTCQB: SCIA) CFO retires after 25-year tenure

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

SCI Engineered Materials, Inc. reported the planned retirement of longtime Chief Financial Officer, Treasurer and Assistant Secretary Gerald S. Blaskie, age 68, effective April 1, 2026. His retirement plans were previously announced on September 29, 2025 to allow a smooth transition.

Mr. Blaskie joined SCI as Chief Financial Officer in April 2001 and was elected Vice President, Treasurer and Assistant Secretary in March 2006. The company notes that revenue grew significantly during his 25 years with SCI and that it has been consistently profitable for the past eight years.

SCI highlights stronger finances achieved during his tenure. As of December 31, 2025, it had $7.9 million in cash and cash equivalents and approximately $3.4 million of investments in marketable securities. All outstanding debt was repaid in 2024, and the company remains debt free while investing in new manufacturing equipment to support future growth.

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01 Financial Statements and Exhibits Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
Cash and cash equivalents $7.9 million As of December 31, 2025
Investments in marketable securities approximately $3.4 million As of December 31, 2025
Outstanding debt All repaid Repaid in 2024; company reports being debt free
CFO tenure 25 years Gerald S. Blaskie’s career with SCI
Profitability track record 8 years Company consistently profitable for the past eight years
CFO age at retirement 68 Age of Gerald S. Blaskie at April 1, 2026 retirement
cash management program financial
"Mr. Blaskie initiated a cash management program to effectively deploy those assets."
marketable securities financial
"plus approximately $3.4 million of investments in marketable securities."
Marketable securities are financial assets — such as publicly traded stocks, bonds, and short-term government bills — that a company can quickly sell for cash at a known price. Investors watch them because they show how much ready cash a company can access without selling core operations, like keeping money in a highly liquid savings account versus being tied up in a house, and they affect short-term risk, financial flexibility, and balance-sheet strength.
PVD thin film applications technical
"a global supplier and manufacturer of advanced materials for PVD thin film applications"
OTCQB market
"SCI Engineered Materials, Inc. (the “Company” or “SCI”) (OTCQB: SCIA)"
OTCQB is a tier of the over‑the‑counter (OTC) market where smaller or developing companies list their shares for trading without being on a major stock exchange. Think of it like a well‑kept side street market: companies must meet basic reporting and transparency checks so investors get more information than the lowest OTC tier, but trading is usually less liquid and riskier than on big exchanges. Investors care because OTCQB listings can offer early access to growth stories but come with higher price swings and greater chance of limited resale options.
consistently profitable financial
"the Company has been consistently profitable for the past eight years."
0000830616false00008306162026-04-012026-04-01

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington , D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 1, 2026, (April 1, 2026)

SCI ENGINEERED MATERIALS, INC.

(Exact name of registrant as specified in its charter)

Commission file number: 0-31641

Ohio

31-1210318

(State or other jurisdiction
of incorporation)

(IRS Employer
Identification No.)

2839 Charter Street, Columbus, Ohio

43228

(Address of principal executive offices)

(Zip Code)

(614) 486-0261

Registrant’s telephone number, including area code

Not Applicable

(Former name or former address, if changed since last report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common stock, without par value

SCIA

OTCQB

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR 230.405) or Rule 12b-2 of the Exchange Act of 1934 (17 CFR 240.12b2).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

ITEM 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 1, 2026, SCI Engineered Materials, Inc. (“SCI” the “Company”) reported that Gerald S. Blaskie, 68, Chief Financial Officer, Treasurer and Assistant Secretary, retired on April 1, 2026. His plans were previously announced on September 29, 2025, to provide a smooth transition period for his successor.

Mr. Blaskie joined the Company as Chief Financial Officer in April 2001. He was subsequently elected Vice President, Treasurer and Assistant Secretary in March 2006. During his tenure, Mr. Blaskie was active in multiple aspects of the Company’s operations including human resources and built a finance team that provides support to the Board of Directors, senior management, and all employees.

Revenue grew significantly during Mr. Blaskie’s 25 years with SCI, and the Company has been consistently profitable for the past eight years. During that period, several actions were implemented to strengthen the Company’s balance sheet. SCI’s improved financial performance contributed to increased cash. As a result, Mr. Blaskie initiated a cash management program to effectively deploy those assets. As of December 31, 2025, the Company had $7.9 million in cash and cash equivalents plus approximately $3.4 million of investments in marketable securities. Additionally, all outstanding debt was repaid in 2024, and the Company continues to be debt free while also investing in new manufacturing equipment to position SCI for continued growth.

Prior to joining SCI, Mr. Blaskie was the Controller at Cable Link, Inc. from February 2000 to March 2001. From 1997 to 2000, he was the Plant Manager at Central Ohio Plastics Corporation, where he also served as Controller from 1993 to 1997.

Mr. Blaskie earned a B.S. degree in Accounting from Central Michigan University and passed the CPA exam in the State of Ohio.

ITEM 9.01 Exhibits.

Exhibit 99.1 – Press release, dated April 1, 2026, issued by SCI Engineered Materials, Inc.

Exhibit 104 – Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

SCI ENGINEERED MATERIALS, INC.

April 1, 2026

By:

/s/ Jeremiah R. Young

Jeremiah R. Young

President and Chief Executive Officer

Exhibit 99.1

Graphic

Contact: Robert Lentz

(614) 439-6006

Gerald S. Blaskie Retires Following 25-Year Career

with SCI Engineered Materials, Inc.

 COLUMBUS, Ohio (April 1, 2026) SCI Engineered Materials, Inc. (the “Company” or “SCI”) (OTCQB: SCIA) reported that Gerald S. Blaskie, 68, Chief Financial Officer, Treasurer and Assistant Secretary, retired on April 1, 2026. His plans were previously announced on September 29, 2025, to provide a smooth transition period for his successor.

Mr. Blaskie joined the Company as Chief Financial Officer in April 2001. He was subsequently elected Vice President, Treasurer and Assistant Secretary in March 2006. During his tenure, Mr. Blaskie was active in multiple aspects of the Company’s operations including human resources and built a finance team that provides support to the Board of Directors, senior management, and all employees.

Revenue grew significantly during Mr. Blaskie’s 25 years with SCI, and the Company has been consistently profitable for the past eight years. During that period, several actions were implemented to strengthen the Company’s balance sheet. SCI’s improved financial performance contributed to increased cash. As a result, Mr. Blaskie initiated a cash management program to effectively deploy those assets. As of December 31, 2025, the Company had $7.9 million in cash and cash equivalents plus approximately $3.4 million of investments in marketable securities. Additionally, all outstanding debt was repaid in 2024, and the Company continues to be debt free while also investing in new manufacturing equipment to position SCI for continued growth.

Prior to joining SCI, Mr. Blaskie was the Controller at Cable Link, Inc. from February 2000 to March 2001. From 1997 to 2000, he was the Plant Manager at Central Ohio Plastics Corporation, where he also served as Controller from 1993 to 1997.


Mr. Blaskie earned a B.S. degree in Accounting from Central Michigan University and passed the CPA exam in the State of Ohio.

About SCI Engineered Materials, Inc.

SCI Engineered Materials is a global supplier and manufacturer of advanced materials for PVD thin film applications and works closely with end users and OEMs to develop innovative, customized solutions. Additional information is available at  www.sciengineeredmaterials.com or follow SCI Engineered Materials, Inc. at:

https://www.linkedin.com/company/sci-engineered-materials.-inc https://www.facebook.com/sciengineeredmaterials/

https://x.com/SciMaterials


FAQ

What did SCI Engineered Materials (SCIA) announce in this 8-K filing?

SCI Engineered Materials announced the retirement of longtime Chief Financial Officer Gerald S. Blaskie, effective April 1, 2026. His departure had been previously disclosed in September 2025 to support an orderly transition and is accompanied by commentary on the company’s strengthened financial position.

Who is Gerald S. Blaskie and how long was he with SCI Engineered Materials (SCIA)?

Gerald S. Blaskie served as Chief Financial Officer, Treasurer and Assistant Secretary of SCI since April 2001. Over a 25-year career with the company, he also became Vice President in 2006 and was involved in finance, human resources, and building the internal finance team.

What financial position does SCI Engineered Materials (SCIA) report alongside the CFO retirement?

SCI reports a strengthened balance sheet, highlighting $7.9 million in cash and cash equivalents and approximately $3.4 million in marketable securities as of December 31, 2025. The company also notes that all outstanding debt was repaid in 2024 and it continues to operate debt free.

How has SCI Engineered Materials (SCIA) performed under the retiring CFO’s tenure?

SCI states that revenue grew significantly during Gerald Blaskie’s tenure and that it has been consistently profitable for the past eight years. Management credits various actions taken to strengthen the balance sheet and implement a cash management program for improved financial performance.

Is SCI Engineered Materials (SCIA) investing in its operations after becoming debt free?

Yes. The company explains that after repaying all outstanding debt in 2024 and improving its cash position, it is investing in new manufacturing equipment. These investments are described as positioning SCI Engineered Materials for continued growth in its advanced materials business.

What does SCI Engineered Materials (SCIA) do as a business?

SCI Engineered Materials is described as a global supplier and manufacturer of advanced materials for PVD thin film applications. It works with end users and original equipment manufacturers to develop innovative, customized solutions for various thin film and coating technologies.

Filing Exhibits & Attachments

4 documents
Sci Engineered

OTC:SCIA

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Semiconductor Equipment & Materials
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United States
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