Highest-materiality recent filing
Optex Systems posts updated investor presentation; no material new information
Company posted an updated investor presentation on its IR webpage at www.optexsys.com/investor-relations/presentations-events.
Optex Systems CFO Karen Hawkins to resign effective Dec 31, 2026, for personal reasons
Karen Hawkins notified company on June 12, 2026, of resignation as CFO and Secretary effective Dec 31, 2026.
Optex Systems Q2 revenue down 10.3% YoY; guides FY2026 revenue $43-45M
Q2 revenue $9.6M vs $10.7M YoY; net income $1.3M ($0.19 diluted EPS) vs $1.6M ($0.23).
5,814,286 shares (83.8% of outstanding) present at March 9, 2026 annual meeting, constituting quorum.
Optex Systems Q1 revenue up 11.6% but net income falls 71%; new $10M buyback authorized
Revenue $9.1M (+11.6% YoY); net income $0.2M vs $0.8M; diluted EPS $0.03 vs $0.12.
Optex grants 67,500 performance shares to CEO and CFO with price targets
CEO Chad George receives 50,000 performance shares; CFO Karen Hawkins receives 17,500.
Optex Systems reports FY2025 revenue up 21.6% to $41.3M, net income $5.1M; CEO transition
FY2025 revenue $41.3M vs $33.9M YoY (+21.6%); net income $5.1M ($0.74 diluted EPS) vs $3.8M ($0.55) prior year.
Optex Systems CEO Danny Schoening resigns; Chad George appointed CEO effective Dec 20, 2025
Danny Schoening resigns as CEO effective Dec 20, 2025, remains Chairman of Board and facilities security officer.
Optex Systems to present at 2025 Annual Gateway Conference on Sept 4
Company scheduled to present at the 2025 Annual Gateway Conference on Sep 4, 2025 at 11:30 a.m. PT.
Optex Systems appoints Chad George as President; amends bylaws
Chad George appointed President effective Aug 11, 2025; 20 years defense ops/supply chain experience at Leonardo DRS and Raytheon.
Optex Systems renews $3M credit facility with Texas Capital Bank, maturing May 2027
Revolving credit line of $3 million, 24-month commitment expiring May 22, 2027.
Optex Systems Q2 revenue record $10.7M (+25.9%), net income up 66.5% to $1.8M
Record Q2 revenue of $10.7M (+25.9% YoY); operating income $2.2M (+65.0%).
Optex Systems shareholders elect four directors, ratify auditor at 2025 annual meeting
All four director nominees (Danny R. Schoening, Dayton Judd, Dale E. Lehmann, R. Rimmy Malhotra) elected with strong support.
All four director nominees elected: Danny Schoening, Dayton Judd, Dale Lehmann, R. Rimmy Malhotra.
Optex Systems acquires Speedtracker Mach product line for $1M cash plus milestone payments
Acquired Speedtracker Mach IP and marketing info from RUB for $1M upfront, with potential milestone payments.
Optex Systems renews CFO Karen Hawkins' employment through Dec 2026 with $224k base salary
New employment agreement effective Jan 1, 2024, runs through Dec 31, 2026, with automatic 12-month renewals.
Optex Systems enters $3M revolving credit facility with Texas Capital Bank, replacing PNC line
New $3M revolving line of credit from Texas Capital Bank, maturing May 22, 2025.
Optex shareholders approve reverse stock split, 2023 equity plan; exec comp formula set
Elected four directors (Schoening, Judd, Lehmann, Malhotra) with >4.5M 'for' votes each; broker non-votes 1.24M.
Optex Systems ups revolving credit facility to $2M, signs CEO through 2025
Revolving credit line increased from $1.125M to $2.0M with PNC Bank; maturity unchanged at April 15, 2023.
Optex Systems appoints Dayton Judd to Audit, Compensation, and Nominating Committees
Dayton Judd elected to Board on Oct 19, 2022; appointed to committees on Nov 18, 2022.
Optex Systems expands board to 5, elects Dayton Judd as director
Board expanded from 4 to 5 members; Dayton Judd elected effective Oct 19, 2022.
Optex Systems amends credit facility; reduces revolver to $1.125M, extends maturity to April 2023
Revolving credit facility decreased from $2.25M to $1.125M.
Optex Systems shareholders elect directors, ratify auditor, approve exec pay, choose triennial vote
All four director nominees elected: Schoening, Hagenbuch, Lehmann, Malhotra each received >4.2M for and ~2.6M broker non-votes.
Optex Systems Holdings enters updated employment agreement with CEO Danny Schoening
Base salary $296,031/yr; term ends Nov 30, 2022.
Optex Systems Holdings forms Strategic Alternatives Committee chaired by Rimmy Malhotra
Board approved formation of Strategic Alternatives Committee on September 8, 2021.
Optex Systems warrants expire unexercised; cash exercise generated $283K in July-August
Warrants issued Aug 26, 2016 expired on Aug 26, 2021; VWAP $1.4876 < $1.50 strike, no cashless exercise.
Optex Systems discloses ransomware attack on July 13; sensitive data may be breached
Ransomware attack occurred July 13, 2021; company isolated the source and restored operations with no material day-to-day impact.
On June 12, 2026, Karen Hawkins notified Optex Systems Holdings, Inc. (the “Company”) that she intends to resign, effective upon the expiration of her current employment agreement on December 31, 2026
elected Dayton Judd as a director
On October 19, 2022, the Board of Directors (the “Board”) of Optex Systems Holdings, Inc., a Delaware corporation (the “Company”), expanded the size of the Board from four to five members and elected Mr. Dayton Judd as a director, to hold office until the Company’s next annual meeting of shareholders and until his successor has been elected and qualified.
Max materiality 0.80 · Median 0.50 · Most common event leadership