AMTECH SYSTEMS INC 8-K

What Happened

• Amtech Systems, Inc. announced via Form 8-K that its Board approved the appointment of Thomas Sabol as Chief Financial Officer and principal accounting officer, effective May 14, 2026. Mr. Sabol, age 67, succeeds Mark Weaver, who had been serving as Interim CFO. The company filed the offer letter with the SEC as Exhibit 10.1.

Key Details

• Effective date: May 14, 2026. Offer letter dated April 17, 2026.
• Base salary: $350,000 per year.
• Annual incentive: target bonus 50% of base salary (paid 60% cash, 40% restricted stock).
• Equity and severance: proposed grant of 45,000 stock options (subject to Board approval) vesting in three equal annual installments; Change‑in‑Control: 12 months’ base salary and 100% acceleration of unvested equity; Termination without Cause: three months’ base salary. Employment is at‑will.
• Experience: 30+ years in senior finance roles, including over 20 years as CFO at public/private companies (Rimini Street, Plexus, Corcentric, Transact Campus); CPA and BA in Accounting from Marquette University.

Why It Matters

• The appointment fills Amtech’s permanent CFO role and names the company’s principal financial and accounting officer, which is material for financial reporting and investor communications. Compensation and equity terms (salary, bonus target, option grant and change‑in‑control protections) indicate the company’s alignment and retention incentives for its new finance chief. The filing provides the key contract terms investors may use to assess potential impacts on governance, reporting continuity, and executive costs.