Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On November 5, 2026, the Board of Directors (the “Board”) of Amtech Systems, Inc.…
Filed Nov 12, 2026Accepted Nov 12, 2026, 10:16 AM ESTCIK 720500Accession 0001193125-26-457305
Amtech Systems, Inc. (NASDAQ: ASYS) provides equipment, consumables and services for AI semiconductor device packaging and advanced wafer substrate fabrication. Our products include advanced packaging and electronics assembly equipment for applications such as AI GPUs and advanced automotive electronics. Consumable and other solutions are used in fabricating semiconductor devices, such as silicon carbide (SiC) and silicon (Si) power devices, digital and analog devices, power electronic packages, advanced semiconductor packages and electronic assemblies. We sell these products to semiconductor device and module manufacturers worldwide, particularly in Asia, North America and Europe. To learn more about Amtech, please visit our website at https://www.amtechsystems.com.
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Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On November 5, 2026, the Board of Directors (the “Board”) of Amtech Systems, Inc. (the “Company”), upon the recommendation of the Compensation Committee of the Board, approved an increase in the annual base salary of Guy Shechter, the Company’s President and Chief Executive Officer, from $400,000 to $450,000, effective as of November 8, 2026.
The increase was approved by the Board pursuant to its authority to review and adjust Mr. Shechter’s compensation and was not effected through a written amendment to Mr. Shechter’s offer letter with the Company, dated March 9, 2026 (the “Offer Letter”). Except for the increase in base salary described above, the terms of Mr. Shechter’s compensation remain unchanged.