$INTT·8-K

INTEST CORP · Apr 10, 4:15 PM ET

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INTEST CORP 8-K

Research Summary

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Updated

InTest Corporation Director Gerald J. Maginnis Not Seeking Re-election

What Happened
InTest Corporation filed an 8-K on April 10, 2026 announcing that on April 6, 2026 Director Gerald J. Maginnis notified the company he will not stand for re-election at the Company’s 2026 annual meeting of shareholders for personal reasons, including other professional commitments. Mr. Maginnis currently serves as a director, is Chairman of the Audit Committee, and is a member of the Compensation Committee and the Nominating and Corporate Governance Committee. He will continue in those roles until the annual meeting. The company stated his decision was not due to any disagreement with the company’s operations, policies, or practices.

Key Details

  • Notification date: April 6, 2026; 8-K filed: April 10, 2026.
  • Roles: Director; Chairman of the Audit Committee; member of Compensation and Nominating & Corporate Governance Committees.
  • Mr. Maginnis will serve out his term until the 2026 annual meeting and is not stepping down immediately.
  • Company noted decision was for personal reasons and not related to any disagreement.

Why It Matters
A planned departure of the Audit Committee chair is a governance item investors watch because it requires the board to name a replacement and may lead to committee reassignments ahead of the annual meeting. Investors should monitor subsequent filings (proxy statement or an 8-K) for the company’s nominee slate, any interim committee appointments, and disclosures about board and committee leadership changes.

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