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SIFCO Industries, Inc. announced that Chief Financial Officer Jennifer Wilson will resign effective February 20, 2026, under a Resignation Agreement dated January 28, 2026. She will continue to receive her current salary through the resignation date, be paid any accrued unused vacation, and be reimbursed for reasonable business expenses incurred through that date.
In return for transition support and a release of claims, Ms. Wilson will receive a $30,000 cash bonus after the resignation date. The Board appointed Eric Shultz, currently Director of Strategy and Administration, as the new Chief Financial Officer and principal accounting officer effective February 20, 2026. Mr. Shultz will receive an annual base salary of $250,000 and a $30,000 bonus payable when the Company pays FY2026 bonuses, and is eligible to participate in the management incentive plan.
SIFCO Industries reported the results of its 2026 Annual Meeting of Shareholders held on January 28, 2026. Shareholders elected four directors – Robert D. Johnson, Donald C. Molten, Jr., Alayne L. Reitman and Mark J. Silk – to serve until the 2027 annual meeting.
Shareholders also ratified Deloitte & Touche LLP as independent registered public accounting firm for the year ending September 30, 2026. An advisory, non-binding vote approved the Company’s executive compensation, and shareholders expressed a preference on how often to hold future say-on-pay votes, with the largest vote total cast for a three-year frequency.
SIFCO Industries director Robert D. Johnson received an award of 6,000 restricted shares of SIFCO Industries, Inc. common stock on January 28, 2026. The shares were granted at a price of $0 per share and are scheduled to vest on the day immediately before the one-year anniversary of the grant date. Following this award, Johnson beneficially owns 24,000 shares of SIFCO Industries common stock in direct ownership.
SIFCO Industries director and 10% owner Mark J. Silk reported an award of 6,000 restricted shares of SIFCO common stock on January 28, 2026. The shares were granted at a price of $0 and are scheduled to have their restriction lapse on the day immediately preceding the one-year anniversary of the award.
Following this transaction, Silk directly beneficially owns 505,969 shares of SIFCO common stock. In addition, 300,000 shares are held indirectly by The HHS Trust, a trust established for the benefit of Mr. Silk's children.
SIFCO Industries director Donald C. Molten Jr. reported an award of 15,000 restricted shares of SIFCO Industries, Inc. common stock on January 28, 2026, at a price of $0 per share. These restricted shares are scheduled to lapse in restriction on the day immediately before the one-year anniversary of the grant.
After this award, Molten beneficially owns 108,049 shares directly, plus 5,000 shares held indirectly in a trust for which he serves as trustee.
SIFCO Industries director Alayne L. Reitman received an equity award of 19,500 restricted shares of SIFCO Industries, Inc. common stock on January 28, 2026. The award was granted at a price of $0 per share and is scheduled to lapse on the day immediately preceding the one-year anniversary of the grant date.
Following this transaction, Reitman directly beneficially owns 112,231 shares of SIFCO Industries common stock and indirectly beneficially owns 30 shares through her son's custodial account.
SIFCO Industries is calling a virtual 2026 annual meeting on January 28, 2026 to elect four directors, ratify Deloitte & Touche LLP as auditor for fiscal 2026, hold a non-binding say-on-pay vote, and seek input on how often to hold future say-on-pay votes. The Board recommends voting for all director nominees, for auditor ratification, for the executive compensation program, and for a three-year say-on-pay frequency.
Shareholders of record at the close of business on December 5, 2025, when 6,173,688 common shares were outstanding, may vote online, by phone, by mail, or during the live webcast after registering. The proxy describes a fully independent board committee structure, a new CEO and CFO appointed in 2024, director and executive pay levels, pay-versus-performance data showing net losses in 2023–2025, and the company’s cybersecurity, insider-trading, and anti-hedging policies.
SIFCO Industries, Inc. reported that it has released its financial results for the fourth quarter and full fiscal year ended September 30, 2025. The company disclosed these results through an earnings press release dated December 22, 2025, which is attached as an exhibit to this report. The common shares of SIFCO trade on the NYSE American under the symbol SIF. The earnings press release is furnished as an exhibit rather than filed, which affects how it is treated under federal securities laws and how it may be incorporated into other regulatory documents.
SIFCO Industries, Inc. is a Cleveland-based manufacturer of forgings, machined components and sub-assemblies for aerospace, defense, energy, commercial space and semiconductor markets, operating primarily from plants in Ohio and California. In October 2024, the company sold its CBlade European operations, which are now presented as discontinued operations, to streamline operations and focus on core aerospace forging activities. In fiscal 2025, revenue mix shifted toward military programs, with military accounting for 56.5% of sales and commercial 43.5%. Customer concentration remains high: one direct customer represented 18% of net sales and two customers and their subcontractors together represented 34%. Backlog grew to $119.2 million as of September 30, 2025, with $87.3 million scheduled for fiscal 2026, reflecting commercial airline recovery, new content awards and longer raw material lead times. The company employed about 259 U.S. workers at year-end 2025 and highlights extensive risk factors, including cyclical aerospace demand, government budget shifts, supply chain pressures, trade tariffs, cyber threats, liquidity and pension funding risks.
SIFCO Industries, Inc. reported that its Chief Financial Officer, Jennifer Wilson, has informed the Board of Directors of her decision to resign, effective February 20, 2026. The company states that her resignation is not due to any dispute or disagreement regarding operations, policies, or practices, indicating an orderly leadership transition rather than a conflict-driven departure.
The Board intends to identify and name a successor before Ms. Wilson’s resignation becomes effective, signaling a planned handover for the company’s financial leadership. SIFCO’s common shares continue to trade on the NYSE American under the symbol SIF.