Form 4: Robert Averick Reports Acquisition of 22,000 Amtech Systems Shares
SEC Form 4 Filing
Robert Averick, a director and 10% owner of Amtech Systems Inc., reports the acquisition of 22,000 shares of common stock at $4.85 per share.
Summary
- Robert Averick, a director and 10% owner of Amtech Systems Inc. (ASYS), filed a Form 4 with the SEC.
- The filing reports the acquisition of 22,000 shares of Amtech Systems common stock on February 13, 2025, at a price of $4.85 per share.
- Following the transaction, Mr. Averick directly owns 582,789 shares.
- Mr. Averick also has indirect ownership of 2,250,000 shares through Kokino Family Clients, 500 shares in a custodial account for a family member, and 11,000 shares held by his spouse.
- He also holds 8,299 restricted stock units and options to buy 42,000 shares.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of an insider stock purchase. While insider buying can be seen as a positive signal, it's not overwhelmingly positive without further context.
Positives
- A director and significant shareholder increasing their stake in the company could be seen as a positive signal.
Industry Context
Form 4 filings are routine disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a director's recent purchase of company stock.
Stakeholder Impact
- The acquisition of shares by a director could increase investor confidence.
Key Dates
| Date | Description |
|---|---|
| 01/25/2016 | Date of initial Schedule 13D filing |
| 02/13/2025 | Date of transaction: Acquisition of 22,000 shares |
| 02/18/2025 | Date of Form 4 filing |
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