Filing Analysis
Ampco-Pittsburgh Corporation filed an 8-K to announce its financial results for the three and six months ended June 30, 2026. The filing serves as a formal announcement of earnings via a press release.
📋 Key Facts
- Reporting period: Three and six months ended June 30, 2026.
- Filing date: August 11, 2026.
- The report includes results for operations and financial condition under Item 2.02.
Ampco-Pittsburgh Corporation issued a press release regarding its year-to-date customer order activity through June 30, 2026. This is a routine informational filing under Item 2.02.
📋 Key Facts
- The company released year-to-date customer order activity data as of June 30, 2026.
- The announcement was made via press release on July 8, 2026.
- Information is furnished under Item 2.02 and not 'filed' for purposes of Section 18 liability.
Ampco-Pittsburgh Corporation reported its financial results for the first quarter ended March 31, 2026. The filing is a routine disclosure of quarterly performance through a press release furnished as an exhibit.
📋 Key Facts
- Reported financial results for the three months ended March 31, 2026
- Filing includes Item 2.02 (Results of Operations and Financial Condition)
- Press release dated May 12, 2026, was attached as Exhibit 99.1
- The information is furnished and not deemed 'filed' for Section 18 purposes
Ampco-Pittsburgh Corporation reported the results of its annual meeting of shareholders held on May 8, 2026. Shareholders elected two directors, approved executive compensation in an advisory vote, and ratified the appointment of BDO USA, P.C. as the independent auditor for 2026.
📋 Key Facts
- Annual meeting of shareholders held on May 8, 2026.
- J. Brett McBrayer and Darrell L. McNair elected as directors for terms expiring in 2029.
- Executive compensation approved with 10,273,057 votes in favor versus 674,478 against.
- BDO USA, P.C. ratified as the independent registered public accounting firm for 2026 with 16,875,050 votes in favor.
Ampco-Pittsburgh Corporation announced its financial results for the fourth quarter and full fiscal year ended December 31, 2025, via a press release furnished on March 16, 2026.
📋 Key Facts
- Reporting results for the three months and full year ended December 31, 2025
- Filing triggered Item 2.02 (Results of Operations and Financial Condition)
- Press release is attached as Exhibit 99.1
- The filing was signed by David G. Anderson, CFO and Treasurer
Ampco-Pittsburgh Corporation announced the resignation of its CFO, Michael G. McAuley, effective December 31, 2025. He will transition to a Strategic Advisor role through June 2026, while David G. Anderson has been named his successor.
🚩 Red Flags
- Succession transition involves a period where the outgoing CFO remains on payroll as an advisor (potential cost/governance consideration).
- Forward-looking statements explicitly mention risks regarding 'inability to maintain adequate liquidity' and 'failure to satisfy continued listing requirements of the NYSE'.
📋 Key Facts
- Michael G. McAuley is resigning as SVP, CFO, Treasurer, and Assistant Secretary effective December 31, 2025.
- David G. Anderson (current President of Air & Liquid Systems Corporation) will be appointed CFO, Treasurer, and Assistant Secretary effective January 1, 2026.
- Mr. Anderson's new base salary will be $430,000 per year starting January 1, 2026.
- McAuley will serve as Strategic Advisor to the CEO from January 1, 2026, through June 30, 2026, at an annualized salary of $495,000.
- The Corporation will reimburse McAuley for COBRA insurance premiums for up to 18 months following his advisory term.
Ampco-Pittsburgh Corporation has filed an 8-K to furnish an investor presentation posted to its website. This is a routine disclosure under Item 7.01 intended for investor relations purposes.
📋 Key Facts
- The filing was made on November 18, 2025.
- The company released an updated investor presentation (Exhibit 99.1) to its website.
- The disclosure is provided under Item 7.01 (Regulation FD Disclosure).
- The information in the presentation is furnished but not 'filed' for purposes of Section 18 liability.
Ampco-Pittsburgh Corporation issued an 8-K to announce its quarterly results for the three and nine months ended September 30, 2025. The filing serves as a formal mechanism to provide financial updates via a press release.
📋 Key Facts
- Report date: November 12, 2025
- Reporting period: Three and nine months ended September 30, 2025
- The filing includes Exhibit 99.1 (Press Release) containing the financial results.
- Signed by Michael G. McAuley, CFO.
Ampco-Pittsburgh Corporation announced the resignation of its CFO, Michael G. McAuley, effective December 31, 2025, and the appointment of David G. Anderson as his successor starting January 1, 2026.
🚩 Red Flags
- CFO departure (though mitigated by a planned transition and internal successor).
📋 Key Facts
- Michael G. McAuley to resign as SVP, CFO, Treasurer, and Assistant Secretary on December 31, 2025.
- McAuley will transition to a Strategic Advisor role from January 1, 2026, through June 30, 2026.
- David G. Anderson, current President of subsidiary Air & Liquid Systems Corporation, appointed as new CFO effective January 1, 2026.
- Anderson will retain his existing role as President of Air & Liquid Systems.
Ampco-Pittsburgh Corporation announced the formal administration (structured insolvency) of its subsidiary, Union Electric Steel UK Limited (UES-UK), which is expected to result in a massive non-cash impairment charge for the parent company. The filing includes significant modifications to credit agreement trigger periods and indemnification agreements for officers.
🚩 Red Flags
- Material impairment charge ($43M-$45M) likely representing a significant portion of the company's equity/valuation.
- Subsidiary insolvency (UES-UK) leading to an orderly wind-down.
- Modification of credit agreement trigger periods, indicating increased risk of technical default or liquidity pressure.
- Potential for massive write-downs of deferred other comprehensive losses ($29M).
📋 Key Facts
- UES-UK entered administration on October 14, 2025, managed by FRP Advisory Trading Limited.
- The insolvency is expected to result in an orderly wind-down of UES-UK's financial affairs and asset sale.
- Ampco-Pittsburgh expects a non-cash impairment charge between $43 million and $45 million in Q4 2025.
- Lenders consented to modify 'Trigger Period' definitions in the existing Credit Agreement for a 45-day period due to the insolvency.
- The company will no longer consolidate UES-UK's operating results as of October 14, 2025.
Ampco-Pittsburgh Corporation filed an 8-K to announce its financial results for the three and six months ended June 30, 2025. The filing also notes the delisting of Series A Warrants from the NYSE American LLC following their expiration on August 1, 2025.
🚩 Red Flags
- Delisting of a specific security class (Series A Warrants), though this appears to be a routine expiration rather than a regulatory enforcement action.
📋 Key Facts
- Company released earnings results for the periods ending June 30, 2025 (three and six months).
- Series A Warrants (Ticker: AP WS) were delisted from NYSE American LLC effective August 1, 2025.
- The delisting was due to the expiration of the warrants.
Ampco-Pittsburgh Corporation issued a reminder that its publicly traded warrants (AP WS) are set to expire on August 1, 2025. The NYSE has scheduled a trading suspension for July 31, 2025, to facilitate final settlement of trades.
🚩 Red Flags
- Imminent expiration of publicly traded warrants can lead to significant volatility or sudden reduction in liquidity/float if not exercised.
📋 Key Facts
- Warrants (Ticker: AP WS) expire on August 1, 2025.
- NYSE American will suspend trading in the warrants prior to market open on July 31, 2025.
- The suspension is intended to allow trades to settle before the expiration date.
Ampco-Pittsburgh Corporation entered into a Second Amended and Restated Credit Agreement on June 25, 2025. The agreement establishes a $100 million senior secured asset-based revolving credit facility and up to $13.5 million in senior secured term loans.
🚩 Red Flags
- Maintenance Covenant: Must maintain a Fixed Charge Coverage Ratio of not less than 1.05 to 1.00.
- Acceleration Clause: Standard events of default include failure to pay, incorrect representations, or bankruptcy/insolvency filings.
📋 Key Facts
- Revolving Facility: $100,000,000 (expandable to $125,000,000) with sublimits for letters of credit ($40M) and European borrowings ($30M).
- Term Loans: Up to $13,500,000 in senior secured term loans; $13.5M was advanced on the closing date.
- Interest Rates: Revolving facility at SOFR + 2.00% to 2.50%; Term Loans at SOFR + 3.00% to 3.50%.
- Repayment: Term loans payable in monthly installments of $160,714 starting August 1, 2025.
- Maturity Date: June 25, 2030 for the Revolving Facility.
- Security: First lien security interests on accounts receivable, inventory, and equipment; Term loans secured by certain fixed assets.
Ampco-Pittsburgh Corporation filed an 8-K to announce its quarterly results for the three months ended March 31, 2025. The filing serves as a formal announcement of the company's recent financial performance and operational results.
📋 Key Facts
- Report date: May 12, 2025
- Reporting period: Three months ended March 31, 2025
- The filing includes a press release regarding results of operations and financial condition (Exhibit 99.1)
- The information is furnished under Item 2.02 and not 'filed' for purposes of Section 18 liability.
Ampco-Pittsburgh Corporation announced the resignation of two directors, Frederick D. DiSanto and Stephen E. Paul, effective May 15, 2025. Additionally, shareholders approved an amendment to the 2016 Omnibus Incentive Plan to increase available shares by 500,000.
🚩 Red Flags
- Reduction in Board size following two simultaneous resignations (though no dispute was reported).
📋 Key Facts
- Frederick D. DiSanto and Stephen E. Paul will step down from the Board effective May 15, 2025.
- The resignations reduce the Board size from ten directors to eight.
- Shareholders approved an amendment to the 2016 Omnibus Incentive Plan, increasing available shares by 500,000.
- BDO USA, P.C. was ratified as the independent registered public accounting firm for 2025.
- Three directors (Robert A. DeMichiei, William K. Lieberman, and Laurence E. Paul) were elected to terms expiring in 2028.
Ampco-Pittsburgh Corporation filed an 8-K to announce its financial results for the three and twelve months ended December 31, 2024. The filing serves as a formal announcement of earnings via a press release.
📋 Key Facts
- Report date: March 12, 2025
- Reporting period: Three and twelve months ended December 31, 2024
- The filing includes an earnings press release as Exhibit 99.1
- Information is furnished under Item 2.02 and not 'filed' for purposes of Section 18 liability.
Ampco-Pittsburgh Corporation filed an 8-K to announce its results of operations and financial condition for the three and nine months ended September 30, 2024.
📋 Key Facts
- Report date: November 12, 2024
- Reporting period: Three and nine months ended September 30, 2024
- The filing includes a press release (Exhibit 99.1) regarding financial results.
- Information is furnished under Item 2.02 and not 'filed' for purposes of Section 18 liability.
Ampco-Pittsburgh Corporation filed an 8-K to furnish its earnings press release for the three and six months ended June 30, 2024. The filing contains no material agreements or structural changes, serving primarily as a routine disclosure of financial results.
📋 Key Facts
- Report date: August 12, 2024
- Reporting period: Three and six months ended June 30, 2024
- The filing is under Item 2.02 (Results of Operations and Financial Condition)
- Information furnished under Item 2.02 is not considered 'filed' for purposes of Section 18 liability
Ampco-Pittsburgh Corporation filed an 8-K to announce preliminary second quarter 2024 earnings results and its current liquidity position. The filing serves as a vehicle to furnish financial performance data via a press release.
🚩 Red Flags
- The mention of announcing 'current liquidity position' in an earnings release often signals potential cash flow concerns or a need to reassure investors about solvency, though the specific figures are contained in the unparsed exhibit.
📋 Key Facts
- Report date: July 10, 2024
- Subject matter: Preliminary Q2 2024 earnings results and liquidity status
- The information is furnished under Item 2.02 and is not considered 'filed' for purposes of Section 18 liability.
- Includes Exhibit 99.1 (Press Release) regarding financial condition.
Ampco-Pittsburgh Corporation issued a press release regarding commercial contract wins and an increase in the sales order backlog as of June 30, 2024. The filing also provides updated share count information.
📋 Key Facts
- Announced commercial contract wins via press release on July 9, 2024.
- Reported growth in sales order backlog through June 30, 2024.
- As of June 30, 2024, there were 20,094,289 common shares outstanding.
Ampco-Pittsburgh Corporation reported the results of its 2024 annual meeting of shareholders held on June 4, 2024. Shareholders approved an amendment to the bylaws regarding officer exculpation and ratified the appointment of BDO USA, P.C. as independent auditors.
🚩 Red Flags
- The implementation of an 'Officer Exculpation Amendment' can be viewed as a defensive measure to limit the liability of corporate officers in litigation, though it is a common practice under Pennsylvania Business Corporation Law.
📋 Key Facts
- Annual Meeting held on June 4, 2024.
- Shareholders approved the 'Officer Exculpation Amendment' to Article III of the Bylaws, effective immediately.
- Three directors (Elizabeth A. Fessenden, Michael I. German, and J. Brett McBrayer) were elected for terms expiring in 2027.
- BDO USA, P.C. was ratified as the independent registered public accounting firm for 2024 with significant majority support (16,254,921 votes 'For').
- A non-binding advisory vote on executive compensation was approved.
Ampco-Pittsburgh Corporation filed an 8-K to announce its earnings results for the three months ended March 31, 2024. The filing serves as a formal vehicle to incorporate the company's press release into its SEC reporting.
📋 Key Facts
- Report date: May 14, 2024
- Reporting period: Three months ended March 31, 2024
- The filing includes a press release as Exhibit 99.1 containing results of operations and financial condition.
- Information is furnished under Item 2.02 and not 'filed' for purposes of Section 18 liability.
Ampco-Pittsburgh Corporation filed an 8-K to announce its financial results for the three and twelve months ended December 31, 2023. The filing serves as a formal announcement of quarterly/annual earnings via a press release.
📋 Key Facts
- Report date: March 25, 2024
- Reporting period: Three and twelve months ended December 31, 2023
- The filing includes an announcement of results for operations and financial condition via Exhibit 99.1.