Form 4: Robert Averick Reports Changes in Beneficial Ownership of Amtech Systems Inc (ASYS)
SEC Form 4 Filing
Robert Averick, a director and 10% owner of Amtech Systems Inc, filed a Form 4 detailing changes in his beneficial ownership, including the grant of restricted stock units.
Summary
- Robert Averick, a director and 10% owner of Amtech Systems Inc (ASYS), filed a Form 4 with the SEC.
- The filing reports changes in beneficial ownership of Amtech Systems Inc's common stock.
- Mr. Averick indirectly owns 2,250,000 shares through Kokino Family Clients, where he is a Portfolio Manager.
- He also indirectly owns 500 shares held in a custodial account for a family member and 11,000 shares held by his spouse.
- Mr. Averick directly owns 418,189 shares.
- He was granted 8,299 restricted stock units on March 6, 2024, which will vest on March 6, 2025.
- Mr. Averick also holds options to buy 42,000 shares of common stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing changes in beneficial ownership. It doesn't convey any particularly positive or negative sentiment.
Industry Context
This filing is a routine disclosure related to insider ownership and compensation, and doesn't necessarily reflect any specific industry trend.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider ownership.
Key Dates
| Date | Description |
|---|---|
| 01/25/2016 | Date of initial Schedule 13D filing |
| 03/06/2024 | Date of transaction and grant of restricted stock units |
| 03/06/2025 | Vesting date of restricted stock units |
| 03/08/2024 | Date of Form 4 filing |
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