8-KThe WireRed Alert
Executive Change
Filed Mar 11, 2025 · 1y ago · Accession 0001174947-25-000312
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington ,
D. C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report
March 11, 2025
ESPEY MFG & ELECTRONICS CORP.
(Exact name of registrant as specified
in its charter)
New York
001-04383
14-1387171
(State or Other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
233 Ballston Avenue , Saratoga Springs , New York 12866
(Address of principal executive offices)
(518) 584-4100
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section
12(b) of the Act
Title of each class
Trading Symbol
Name of each exchange on which registered
Common Stock $.33-1/3 par value
ESP
NYSE American
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
1
ITEM 5.02. Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 7, 2025, the Company entered into new
employment agreements with Jennifer Pickering, its Chief Human Resources Officer and Corporate Secretary and with Kaitlyn O’Neil,
its Principal Financial Officer and Treasurer. The agreements will automatically renew annually unless either party gives notice at least
60 days prior to that date of an intention not to renew.
Each of the new employment agreements cover
the duties, exclusivity, place of employment and compensation and benefits offered to each officer. The agreements also
specify that if Ms. Pickering or Ms. O’Neil are terminated without cause, or if they voluntarily terminate employment for
“good reason”, they are entitled to severance pay equal to 9 months of their base salary.
Item 9.01. Financial Statements and Exhibits.
Exhibit 10.21 Executive Employment Agreement with Jennifer Pickering
Exhibit 10.22 Executive Employment Agreement with Kaitlyn O’Neil
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Date: March 11, 2025
ESPEY MFG. & ELECTRONICS CORP.
By:
/s/ David O’Neil
David O’Neil
Chief Executive Officer
2
Filing details
- Company
- ESPEY MFG & ELECTRONICS CORP
- Ticker
- ESP
- CIK
- 33533
- Form type
- 8-K
- Filing date
- Mar 11, 2025
- Report date
- Mar 11, 2025
- Document
- form8k-33785_esp.htm
- Size
- 430 KB