Jakwani Asif Y. 4

What Happened

• Asif Y. Jakwani, a director of Amtech Systems, Inc. (ASYS), appears to have converted/exercised derivative securities for 8,081 shares on 2026-03-05 (reported at $0.00). The same 8,081-share amount is also reported as a disposition on 2026-03-05 (reported at $0.00). In addition, Jakwani was granted 2,839 restricted stock units (RSUs) on 2026-03-04 (reported at $0.00).
• Dollar values are reported as $0.00 for these entries; the filing does not list cash proceeds. The RSU grant is a contingent right to receive one share per unit (see footnote).

Key Details

• Transaction dates and types:
  • 2026-03-04: Grant/award (A) — 2,839 RSUs @ $0.00 (acquired; derivative)
  • 2026-03-05: Exercise/conversion (M) — 8,081 shares @ $0.00 (acquired; derivative)
  • 2026-03-05: Exercise/conversion (M) — 8,081 shares @ $0.00 (disposed; derivative)
• Shares owned after the transactions: Not specified in this Form 4.
• Footnote: Each RSU = a contingent right to receive one share of Amtech common stock.
• Filing/timeliness: Form filed 2026-03-06 for a reporting period ending 2026-03-04 (no late-filing flag noted).

Context

• The filing reports both an acquisition and a disposition of the same 8,081-share amount on the same day, which often reflects a conversion/settlement and an immediate disposition (e.g., net settlement or sale) in derivative transactions. This Form 4 does not state the economic details of any sale or proceeds.
• RSU grants are awards that convert to actual shares only upon vesting/settlement and are not an immediate cash purchase. These actions are routine insider filings and should be interpreted as factual reporting of transactions, not an explicit signal of the director’s market view.