secwatch.observer — SEC 8-K summary
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Issuer:     ASTROTECH Corp (ASTC)
CIK:        0001001907
Form:       8-K
Filed at:   2025-08-18T23:59:59+00:00
Accession:  0001437749-25-027261
Event type: leadership
Sentiment:  neutral
Materiality: 0.40
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Astrotech appoints Nihanth Badugu as COO effective Aug 13, 2025
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- Badugu previously served as Director of Program Management since Aug 2023.
- Base salary increased to $225,000; granted 5,000 stock options at Aug 13 close.
- Eligible for performance bonus of 25% of salary ($56,250) based on revenue targets.
- Bonus can double if gross margin targets are met; additional bonuses possible.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1001907/000143774925027261/0001437749-25-027261-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1001907/000143774925027261/astc20250816_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-25-027261

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