secwatch.observer — SEC 8-K summary
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Issuer:     INTEST CORP (INTT)
CIK:        0001036262
Form:       8-K
Filed at:   2023-03-14T23:59:59+00:00
Accession:  0001437749-23-006466
Event type: other
Sentiment:  neutral
Materiality: 0.35
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

inTEST Corp raises CEO/CFO salaries 6%, grants RSUs and options
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- CEO Richard Grant base salary to $415,414; CFO Duncan Gilmour to $275,600, effective April 1, 2023.
- CEO received 9,860 time-vested RSUs, 9,859 performance-vested RSUs, and 16,988 options at $16.06 strike.
- CFO received 4,672 time-vested RSUs, 4,670 performance-vested RSUs, and 8,044 options.
- Time-vested RSUs and options vest 25% annually from March 2024; performance RSUs vest in 2026 on revenue target.
- Performance metric based on audited revenue for 2025 from base businesses and any acquired revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1036262/000143774923006466/0001437749-23-006466-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1036262/000143774923006466/intt20230313_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-23-006466

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