4/A: EMCORE Director Rex S. Jackson Corrects Beneficial Ownership Report

Director Rex S. Jackson files an amended Form 4 to correct the number of EMCORE shares beneficially owned, following a previous filing error.

Summary

• Rex S. Jackson, a director of EMCORE Corporation, filed an amended Form 4 with the SEC on April 10, 2024, to correct a previously reported number of shares beneficially owned.
• The amendment relates to restricted stock units (RSUs) granted on April 9, 2024, under the EMCORE Corporation 2019 Equity Incentive Plan.
• The corrected filing shows that Jackson beneficially owns 31,386 shares, which includes 23,219 RSUs acquired on April 9, 2024.
• These RSUs 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, subject to continued service as a non-employee director.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a previous error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively. The correction of the error is a positive sign of diligence.

Future Outlook

The vesting of the restricted stock units is contingent upon future events, including continued service as a non-employee director, the company's 2025 annual meeting, a change in control, or the director's death or disability.

Industry Context

This filing is a routine disclosure related to director compensation and equity ownership, common in publicly traded companies. It provides transparency to investors regarding the alignment of director interests with shareholder value.

Stakeholder Impact

• The correction of the filing ensures accurate information is available to shareholders and potential investors.

Key Dates