secwatch.observer — SEC 8-K summary
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Issuer:     INTEVAC INC (—)
CIK:        0001001902
Form:       8-K
Filed at:   2024-08-27T23:59:59+00:00
Accession:  0001193125-24-207756
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Intevac appoints former Ferrotec USA CEO Eiji Miyanaga to board
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- Mr. Miyanaga served as CEO of Ferrotec USA for most of 30 years, transforming it into a multi-product supplier.
- Board expanded to six members; Miyanaga is an independent director not serving on any committees.
- Granted option for 10,300 shares (vests May 15, 2025) and RSUs for 12,000 shares (vests same date).
- Miyanaga brings deep Asia electronics supply chain expertise, relevant to Intevac's TRIO platform launch.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001902/000119312524207756/0001193125-24-207756-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001902/000119312524207756/d841068d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-207756

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer