---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-105697"
form_type: "8-K"
ticker: "MITQ"
cik: "0001770236"
company_name: "MOVING iMAGE TECHNOLOGIES INC."
filed_at: "2023-10-02T23:59:59+00:00"
generated_at: "2026-06-10T06:26:59.271290+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# MiT adopts 10b5-1 plan to facilitate $1M share repurchase, expands buyback days to 250 annually

## Summary
- 10b5-1 plan allows MITQ share repurchases during blackout periods, increasing trading days from ~90 to ~250 per year.
- As of June 30, 2023, MiT repurchased ~273,000 shares for $303,000, leaving $697,000 available under the $1M program.
- Independent broker-dealer will execute pre-arranged repurchases under Rule 10b5-1 and Rule 10b-18.
- Program was originally re-authorized on March 23, 2023, and runs for one year.

## SEC filing metadata
- accession: 0001104659-23-105697
- form_type: 8-K
- ticker: MITQ
- cik: 0001770236
- company_name: MOVING iMAGE TECHNOLOGIES INC.
- filed_at: 2023-10-02T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1770236/000110465923105697/0001104659-23-105697-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1770236/000110465923105697/tm2327330d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-105697
- JSON: https://secwatch.observer/filing/0001104659-23-105697.json
- Plain text: https://secwatch.observer/filing/0001104659-23-105697.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.