4/A: EMCORE Director Bruce Grooms Corrects Beneficial Ownership Report

Bruce Grooms, an EMCORE Director, files an amended Form 4 to correct the number of shares beneficially owned following a previous filing.

Summary

• Director Bruce Grooms filed an amended Form 4 on April 10, 2024, to correct a previously reported number of shares beneficially owned.
• The amendment pertains to restricted stock units acquired on April 9, 2024.
• The corrected filing shows Grooms beneficially owns 31,578 shares, adjusting a previous error.
• The restricted stock units vest on the earliest of (i) the first anniversary of the grant date, (ii) the date immediately prior to the Issuer's 2025 annual meeting of shareholders, (iii) the consummation of a Change in Control or (iv) the non-employee director's death or termination of service on the Board due to Disability, in each case subject to the Reporting Person's continued service as a non-employee director through the vesting date.

Sentiment

Score: 7

Explanation: The document is a routine correction of a regulatory filing, indicating standard corporate governance practices. The sentiment is neutral to slightly positive as it reflects transparency.

Industry Context

This filing is a routine disclosure related to insider transactions and corrections, common in publicly traded companies.

Stakeholder Impact

• The correction ensures accurate information is available to shareholders regarding director ownership.

Key Dates