leadership
confidence high
sentiment neutral
materiality 0.40
Amtech Systems amends CEO Daigle's comp: $500K RSU canceled, replaced with 400K option at $6.00
AMTECH SYSTEMS INC
- CEO Robert Daigle's $500K RSU grants for 2024 and 2025 replaced with an option for 400K shares at $6.00 (25% premium to Feb 29 close).
- Option has a 5-year term, vesting in 1/3 increments on Aug 8 2024, Feb 8 2025, and Aug 8 2025.
- In exchange, Daigle forfeited participation in the Executive Bonus Plan.