Filing Analysis
Sypris Solutions, Inc. held its regular Annual Meeting of Stockholders on June 16, 2026. The meeting resulted in the successful election of Class III directors and advisory approval of executive officer compensation.
📋 Key Facts
- Annual Meeting held on June 16, 2026, in Louisville, Kentucky.
- Total shares outstanding as of April 27, 2026: 23,011,130.
- William G. Ferko elected to the Board with 12,560,502 votes 'FOR'.
- Jeffrey T. Gill elected to the Board with 12,805,569 votes 'FOR'.
- Stockholders approved advisory resolution on named executive officer compensation (12,687,835 votes 'FOR').
Sypris Solutions, Inc. announced its financial results for the first quarter ended April 5, 2026. The announcement was furnished under Items 2.02 and 7.01 of Form 8-K.
📋 Key Facts
- Reported financial results for the first quarter ended April 5, 2026.
- The full text of the press release was furnished as Exhibit 99.
- The filing was signed by Rebecca R. Eckert, Vice President, Chief Accounting Officer & Controller.
Sypris Solutions, Inc. announced its financial results for the fourth quarter and full year ended December 31, 2025. Additionally, the company set the date for its 2026 Annual Meeting of Stockholders for June 16, 2026.
📋 Key Facts
- Financial results for Q4 and full-year 2025 were released on March 26, 2026.
- The 2026 Annual Meeting of Stockholders is scheduled for June 16, 2026, at 11:00 a.m. ET in Louisville, Kentucky.
- The filing includes a press release as Exhibit 99.
- The information was furnished under Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
Sypris Solutions, Inc. has amended and restated a promissory note with Gill Family Capital Management, Inc., an entity controlled by the Company's CEO (Jeffrey T. Gill) and a Director (R. Scott Gill). The amendment extends maturity dates for $12 million in principal obligations and allows for interest deferral.
🚩 Red Flags
- Related-party transaction involving the CEO and a Director.
- Extension of debt maturity suggests potential liquidity management issues or difficulty refinancing through traditional market channels.
- Deferral of interest payments indicates a need to preserve cash flow, which is often a precursor to going concern concerns in micro-cap companies.
📋 Key Facts
- Amended and Restated Promissory Note dated January 12, 2026.
- Counterparty: Gill Family Capital Management, Inc. (controlled by CEO Jeffrey T. Gill and Director R. Scott Gill).
- Total principal commitment involved: $12,000,000.
- Maturity schedule: $2M due April 1, 2027; $2M due April 1, 2028; $5M due April 1, 2029; $3M due April 1, 2030.
- Interest deferral: Allows for deferral of up to 100% of interest due on the note until April 1, 2027.
Sypris Solutions, Inc. announced its financial results for the third quarter ended September 28, 2025. The filing serves as a formal announcement of quarterly earnings via press release and supplemental information.
📋 Key Facts
- Reporting period: Third Quarter ended September 28, 2025.
- Announcement date: November 12, 2025.
- The company released results through a press release (Exhibit 99) and supplemental financial information on its website.
Sypris Solutions, Inc. announced its financial results for the second quarter ended June 29, 2025. The filing serves as a formal announcement of quarterly earnings via press release.
📋 Key Facts
- Reporting period: Second Quarter ended June 29, 2025.
- Announcement date: August 12, 2025.
- The company released supplemental financial information on its website (http://www.sypris.com).
- Financial results were furnished pursuant to Items 2.02 and 7.01.
Sypris Solutions, Inc. held its regular Annual Meeting of Stockholders on May 21, 2025. The meeting resulted in the successful election of two Class II directors and approval of several key shareholder proposals.
📋 Key Facts
- Annual Meeting held on May 21, 2025, in Louisville, Kentucky.
- Gary L. Convis was elected to the Board of Directors (12,158,191 votes 'For').
- Robert Sroka was elected to the Board of Directors (12,225,849 votes 'For').
- The 2025 Sypris Omnibus Plan was approved by stockholders.
- Stockholders approved advisory resolution on Named Executive Officer Compensation.
- Stockholders voted to conduct future advisory votes on executive compensation every year.
Sypris Solutions, Inc. announced its financial results for the first quarter ended March 30, 2025. The filing serves as a formal announcement of quarterly earnings and supplemental information.
📋 Key Facts
- Reporting period: First quarter ended March 30, 2025.
- Filing date: May 14, 2025.
- The company released results via press release (Exhibit 99) and supplemental information on its website.
- The filing includes Item 7.01 (Regulation FD Disclosure) and Item 2.02 (Results of Operations and Financial Condition).
Sypris Solutions, Inc. announced its financial results for the fourth quarter and fiscal year ended December 31, 2024. The filing also provides notice regarding the date of the 2025 Annual Meeting of Stockholders.
📋 Key Facts
- Financial results for Q4 and FY 2024 were released on March 27, 2025.
- The 2025 Annual Meeting of Stockholders is scheduled for May 21, 2025, at 11:00 a.m. ET in Louisville, Kentucky.
- Results are accompanied by supplemental financial information available on the company website.
Sypris Solutions, Inc. has amended and restated a promissory note with Gill Family Capital Management, Inc., an entity controlled by the Company's CEO (Jeffrey T. Gill) and Director (R. Scott Gill). The amendment increases the total principal amount of the loan to $12,000,000 via a new $3,000,000 infusion.
🚩 Red Flags
- Related-party transaction: The loan is provided by an entity controlled by the CEO and a Director.
- Increased debt burden: Total principal obligation increased to $12 million.
- Liquidity/Cash flow signal: The ability to defer 100% of interest payments suggests potential cash flow constraints or a need for liquidity management.
📋 Key Facts
- Amended and Restated Promissory Note dated March 21, 2025.
- Lender is Gill Family Capital Management, Inc. (GFCM), controlled by CEO Jeffrey T. Gill and Director R. Scott Gill.
- New $3,000,000 loan increases total principal from $9,000,000 to $12,000,000.
- Repayment schedule: $2M due April 1, 2026; $2M due April 1, 2027; $5M due April 1, 2028; and $3M due April 1, 2029.
- Allows for deferral of up to 100% of interest payments until April 1, 2026.
Sypris Solutions, Inc. has amended and restated a promissory note with Gill Family Capital Management, Inc., an entity controlled by the Company's CEO (Jeffrey T. Gill) and a Director (R. Scott Gill). The amendment extends the maturity dates of $9,000,000 in principal obligations by one year.
🚩 Red Flags
- Related-party transaction: The debt is owed to an entity controlled by the CEO and a Director.
- Debt restructuring/extension: Extending maturity dates often indicates liquidity management or difficulty meeting original repayment terms.
- Concentration of control: Significant portion of company debt is held by insiders.
📋 Key Facts
- The 2025 Promissory Note amends the original note dated February 7, 2024.
- Counterparty is Gill Family Capital Management, Inc., controlled by CEO Jeffrey T. Gill and Director R. Scott Gill.
- Maturity dates for principal/interest payments have been extended by one year effective January 20, 2025.
- Repayment schedule: $2M due April 1, 2026; $2M due April 1, 2027; and the remaining $5M due April 1, 2028.
- Total principal amount involved is $9,000,000.
Sypris Solutions, Inc. filed an 8-K to announce its financial results for the third quarter ended September 29, 2024. The filing serves as a formal disclosure of quarterly earnings and supplemental information.
📋 Key Facts
- Report date: November 12, 2024
- Reporting period: Third quarter ended September 29, 2024
- The company released results via press release (Exhibit 99) and supplemental financial information on its website.
- Filing includes Item 2.02 (Results of Operations and Financial Condition) and Item 7.01 (Regulation FD Disclosure).
Sypris Solutions announced several leadership reassignments effective November 1, 2024. This includes the promotion of Rebecca R. Eckert to VP, Chief Accounting Officer and Controller, and Richard L. Davis to Senior Vice President and Treasurer.
📋 Key Facts
- Rebecca R. Eckert will become VP, Chief Accounting Officer and Controller effective November 1, 2024.
- Eckert has served as Controller since May 2009 and previously worked at Ernst & Young LLP.
- Richard L. Davis will be appointed Senior Vice President and Treasurer effective November 1, 2024.
- Anthony C. Allen will transition to the role of Vice President and Assistant Treasurer on November 1, 2024.
Sypris Solutions, Inc. filed an 8-K to announce its financial results for the second quarter ended June 30, 2024. The filing serves as a formal disclosure of quarterly earnings and supplemental information.
📋 Key Facts
- Reporting period: Second Quarter ended June 30, 2024.
- Filing date: August 13, 2024.
- The company released financial results via a press release (Exhibit 99).
- Supplemental financial information was made available on the company's website.
Sypris Solutions, Inc. held its regular Annual Meeting of Stockholders on June 5, 2024. The meeting resulted in the successful election of Class I directors and an advisory approval of executive compensation.
📋 Key Facts
- Annual Meeting of Stockholders held on June 5, 2024, in Louisville, Kentucky.
- Total shares outstanding as of April 15, 2024: 22,773,708.
- R. Scott Gill was elected to the Board (Class I) with 11,354,351 votes in favor.
- William L. Healey was elected to the Board (Class I) with 11,378,769 votes in favor.
- Stockholders approved the advisory resolution on named executive officer compensation with 12,002,924 votes in favor.
Sypris Solutions, Inc. announced its financial results for the first quarter ended March 31, 2024. The filing serves as a formal announcement of quarterly earnings via press release and supplemental information.
📋 Key Facts
- Reporting period: First quarter ended March 31, 2024.
- Announcement date: May 15, 2024.
- The company released financial results through a press release (Exhibit 99) and supplemental information on its website.
Sypris Solutions, Inc. announced its financial results for the fourth quarter and fiscal year ended December 31, 2023. The filing also serves to announce the date for the 2024 Annual Meeting of Stockholders.
📋 Key Facts
- Financial results for Q4 and FY 2023 were released on April 1, 2024.
- The 2024 Annual Meeting of Stockholders is scheduled for June 5, 2024, at 11:00 a.m. ET in Louisville, Kentucky.
- Results are provided via press release (Exhibit 99) and supplemental information on the company website.
Sypris Solutions, Inc. announced the resignation of R. Scott Gill from his position as a Class II director effective March 27, 2024. The change is purely administrative to rebalance the Board's class distribution following a previous retirement.
📋 Key Facts
- R. Scott Gill resigned as a Class II director effective March 27, 2024.
- The resignation was prompted by an imbalance in directorship class distribution after the retirement of John F. Brinkley (former Class I director).
- Mr. Gill was immediately re-appointed as a Class I director to maintain board balance.
- His new term as a Class I director will last until the expiration of terms at the 2024 Annual Meeting of Stockholders.
Sypris Solutions, Inc. amended its existing promissory note to increase the total principal amount from $6,500,000 to $9,000,000 via a new $2,500,000 loan. The lender is Gill Family Capital Management, Inc., an entity controlled by the Company's CEO and a Director.
🚩 Red Flags
- Related-party transaction: The loan is provided by an entity controlled by the CEO and a Director.
- Increased debt burden: Total promissory note principal has increased to $9,000,000, indicating a reliance on insider financing for liquidity.
📋 Key Facts
- Amended and Restated Promissory Note effective February 7, 2024.
- New loan amount of $2,500,000 added to existing principal.
- Total principal amount increased to $9,000,000.
- Lender is Gill Family Capital Management, Inc. (GFCM).
- GFCM is controlled by CEO Jeffrey T. Gill and Director R. Scott Gill.
Sypris Solutions, Inc. announced the retirement of director John F. Brinkley from the Board of Directors, effective January 31, 2024. The departure is attributed to his age and the start of a new fiscal year and is not related to any disagreements with the company.
📋 Key Facts
- Director John F. Brinkley will retire effective January 31, 2024.
- Mr. Brinkley serves on the Compensation Committee and as Chairman of the Nominating and Governance Committee.
- The departure is due to his 86th birthday and the commencement of the new fiscal year.
- The company confirmed there were no disagreements or disputes regarding his retirement.