AGÕæÈ˹ٷ½

STOCK TITAN

[8-K] AXT Inc Reports Material Event

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
8-K
Rhea-AI Filing Summary

Telos Corporation (NASDAQ: TLS) filed an 8-K announcing the appointment of Donald Joseph “DJ� Terreri, 43, as Controller, Chief Accounting Officer and principal accounting officer, effective 8 July 2025. Terreri will report to CFO Mark Bendza and receive a $285,000 base salary, standard benefits, eligibility for the annual bonus plan and equity awards.

Terreri brings more than a decade of senior accounting experience: Regional Finance Director for CBRE’s Government & Defense business (2024-2025), Corporate Controller for J&J Worldwide Services (2022-2024), and Principal Accounting Officer at ICF International (NASDAQ: ICFI) (2020-2022). Earlier roles include Controller at Privia Health and multiple corporate accounting positions at Discovery Communications. He is a Certified Public Accountant and holds a B.S. in Accounting & Information Systems from Virginia Tech.

The filing is limited to the leadership change; it contains no financial performance data or strategic transaction disclosures. For investors, the news signals reinforcement of Telos� financial reporting function but is unlikely to have a near-term earnings impact.

Telos Corporation (NASDAQ: TLS) ha presentato un modulo 8-K annunciando la nomina di Donald Joseph “DJ� Terreri, 43 anni, come Controller, Chief Accounting Officer e principal accounting officer, con effetto dal 8 luglio 2025. Terreri riporterà al CFO Mark Bendza e percepirà un salario base di 285.000 dollari, benefici standard, l'idoneità al piano di bonus annuale e premi azionari.

Terreri vanta oltre un decennio di esperienza senior in ambito contabile: Direttore Finanziario Regionale per il settore Government & Defense di CBRE (2024-2025), Corporate Controller per J&J Worldwide Services (2022-2024) e Principal Accounting Officer presso ICF International (NASDAQ: ICFI) (2020-2022). In precedenza ha ricoperto il ruolo di Controller presso Privia Health e diverse posizioni contabili aziendali presso Discovery Communications. È un Certified Public Accountant e ha conseguito una laurea in Accounting & Information Systems presso Virginia Tech.

Il documento si limita a comunicare il cambio nella leadership; non contiene dati sulle performance finanziarie né informazioni su transazioni strategiche. Per gli investitori, la notizia rappresenta un rafforzamento della funzione di reporting finanziario di Telos, ma è improbabile che abbia un impatto sugli utili nel breve termine.

Telos Corporation (NASDAQ: TLS) presentó un formulario 8-K anunciando el nombramiento de Donald Joseph “DJ� Terreri, 43 años, como Controller, Chief Accounting Officer y principal accounting officer, con vigencia a partir del 8 de julio de 2025. Terreri reportará al CFO Mark Bendza y recibirá un salario base de 285.000 dólares, beneficios estándar, elegibilidad para el plan de bonificación anual y premios en acciones.

Terreri aporta más de una década de experiencia senior en contabilidad: Director Financiero Regional para el negocio de Gobierno y Defensa de CBRE (2024-2025), Controller Corporativo para J&J Worldwide Services (2022-2024) y Principal Accounting Officer en ICF International (NASDAQ: ICFI) (2020-2022). Anteriormente fue Controller en Privia Health y ocupó varios cargos contables corporativos en Discovery Communications. Es un Contador Público Certificado y tiene una licenciatura en Contabilidad y Sistemas de Información de Virginia Tech.

La presentación se limita al cambio en el liderazgo; no contiene datos sobre desempeño financiero ni divulgaciones de transacciones estratégicas. Para los inversores, la noticia indica un refuerzo en la función de reporte financiero de Telos, pero probablemente no tendrá un impacto inmediato en las ganancias.

Telos Corporation(NASDAQ: TLS)ëŠ� 2025ë…� 7ì›� 8ì¼ë¶€ë¡� Donald Joseph “DJâ€� Terreri(43ì„�)ë¥� Controller, Chief Accounting Officer ë°� principal accounting officerë¡� 임명했다ê³� 8-K 보고서를 제출했습니다. TerreriëŠ� CFO Mark Bendzaì—게 보고하며 기본 ì—°ë´‰ 285,000달러, 표준 복리후ìƒ, ì—°ê°„ 보너ìŠ� ê³„íš ì°¸ì—¬ ìžê²© ë°� ì£¼ì‹ ë³´ìƒì� 받게 ë©ë‹ˆë‹�.

TerreriëŠ� 10ë…� ì´ìƒì� 고위 회계 경력ì� 보유하고 있습니다: CBREì� ì •ë¶€ ë°� 방위 사업부 ì§€ì—� 재무 ì´ì‚¬(2024-2025), J&J Worldwide Servicesì� 기업 컨트롤러(2022-2024), ICF International(NASDAQ: ICFI)ì—서 Principal Accounting Officer(2020-2022)ë¥� 역임했습니다. ì´ì „ì—는 Privia Healthì� 컨트롤러 ë°� Discovery Communicationsì—서 여러 기업 회계 ì§ì±…ì� 맡았습니ë‹�. 그는 ê³µì¸ÐëŒê³„ì‚�(°ä±Ê´¡)ì´ë©° 버지니아 공대ì—서 회계 ë°� ì •ë³´ 시스í…� 학사 학위ë¥� 받았습니ë‹�.

ì´ë²ˆ 보고서는 리ë”ì‹� ë³€ê²½ì— í•œì •ë˜ì–´ 있으ë©�, 재무 성과 ë°ì´í„°ë‚˜ ì „ëžµì � 거래 공개ëŠ� í¬í•¨í•˜ì§€ 않습니다. 투ìžìžë“¤ì—게 ì´ë²ˆ 소ì‹ì€ Telosì� 재무 ë³´ê³  기능 ê°•í™” 신호ì´ì§€ë§� 단기ì ì¸ 수ìµì—� 미치ëŠ� ì˜í–¥ì€ ì ì„ 것으ë¡� 보입니다.

Telos Corporation (NASDAQ : TLS) a déposé un formulaire 8-K annonçant la nomination de Donald Joseph « DJ » Terreri, 43 ans, en tant que Controller, Chief Accounting Officer et principal accounting officer, à compter du 8 juillet 2025. Terreri rendra compte au CFO Mark Bendza et percevra un salaire de base de 285 000 $, des avantages standards, une éligibilité au plan de bonus annuel ainsi que des attributions d’actions.

Terreri possède plus de dix ans d’expérience en comptabilité senior : Directeur financier régional pour l’activité Gouvernement & Défense chez CBRE (2024-2025), Controller d’entreprise chez J&J Worldwide Services (2022-2024) et Principal Accounting Officer chez ICF International (NASDAQ : ICFI) (2020-2022). Ses précédents postes incluent Controller chez Privia Health et plusieurs fonctions comptables chez Discovery Communications. Il est expert-comptable agréé et titulaire d’un B.S. en comptabilité et systèmes d’information de Virginia Tech.

Le dépôt se limite au changement de direction ; il ne contient aucune donnée sur la performance financière ni sur des transactions stratégiques. Pour les investisseurs, cette nouvelle signifie un renforcement de la fonction de reporting financier de Telos, mais il est peu probable qu’elle ait un impact à court terme sur les résultats.

Telos Corporation (NASDAQ: TLS) hat eine 8-K-Meldung eingereicht, in der die Ernennung von Donald Joseph „DJ� Terreri, 43, zum Controller, Chief Accounting Officer und principal accounting officer mit Wirkung zum 8. Juli 2025 bekannt gegeben wird. Terreri wird an CFO Mark Bendza berichten und ein Grundgehalt von 285.000 US-Dollar, Standardleistungen, die Berechtigung für den jährlichen Bonusplan sowie Aktienzuteilungen erhalten.

Terreri bringt mehr als ein Jahrzehnt Erfahrung in leitenden Buchhaltungspositionen mit: Regional Finance Director für das Government & Defense-Geschäft von CBRE (2024-2025), Corporate Controller bei J&J Worldwide Services (2022-2024) und Principal Accounting Officer bei ICF International (NASDAQ: ICFI) (2020-2022). Zuvor war er Controller bei Privia Health und hatte mehrere buchhalterische Positionen bei Discovery Communications inne. Er ist ein Certified Public Accountant und hat einen B.S. in Accounting & Information Systems von der Virginia Tech.

Die Meldung beschränkt sich auf den Führungswechsel; sie enthält keine Finanzkennzahlen oder Angaben zu strategischen Transaktionen. Für Investoren signalisiert die Nachricht eine Stärkung der Finanzberichterstattungsfunktion von Telos, dürfte aber kurzfristig keine Auswirkungen auf die Gewinne haben.

Positive
  • Addition of a seasoned CPA with prior principal accounting officer experience should strengthen Telosâ€� financial reporting and internal control environment.
Negative
  • None.

Insights

TL;DR: Experienced CPA named principal accounting officer; governance strengthened, financial impact minimal.

Telos� decision to elevate DJ Terreri to principal accounting officer modestly enhances the company’s internal controls and Sarbanes-Oxley compliance posture. Terreri’s résumé—public company PAO experience at ICFI and government-focused finance roles—fits Telos� federal cybersecurity customer base. Compensation is market-standard, so no cost surprise. While the hire supports audit readiness and may streamline future filings, it does not materially affect revenue visibility or backlog. I therefore view the announcement as neutral from a valuation standpoint with a slight positive tilt in governance quality.

Telos Corporation (NASDAQ: TLS) ha presentato un modulo 8-K annunciando la nomina di Donald Joseph “DJ� Terreri, 43 anni, come Controller, Chief Accounting Officer e principal accounting officer, con effetto dal 8 luglio 2025. Terreri riporterà al CFO Mark Bendza e percepirà un salario base di 285.000 dollari, benefici standard, l'idoneità al piano di bonus annuale e premi azionari.

Terreri vanta oltre un decennio di esperienza senior in ambito contabile: Direttore Finanziario Regionale per il settore Government & Defense di CBRE (2024-2025), Corporate Controller per J&J Worldwide Services (2022-2024) e Principal Accounting Officer presso ICF International (NASDAQ: ICFI) (2020-2022). In precedenza ha ricoperto il ruolo di Controller presso Privia Health e diverse posizioni contabili aziendali presso Discovery Communications. È un Certified Public Accountant e ha conseguito una laurea in Accounting & Information Systems presso Virginia Tech.

Il documento si limita a comunicare il cambio nella leadership; non contiene dati sulle performance finanziarie né informazioni su transazioni strategiche. Per gli investitori, la notizia rappresenta un rafforzamento della funzione di reporting finanziario di Telos, ma è improbabile che abbia un impatto sugli utili nel breve termine.

Telos Corporation (NASDAQ: TLS) presentó un formulario 8-K anunciando el nombramiento de Donald Joseph “DJ� Terreri, 43 años, como Controller, Chief Accounting Officer y principal accounting officer, con vigencia a partir del 8 de julio de 2025. Terreri reportará al CFO Mark Bendza y recibirá un salario base de 285.000 dólares, beneficios estándar, elegibilidad para el plan de bonificación anual y premios en acciones.

Terreri aporta más de una década de experiencia senior en contabilidad: Director Financiero Regional para el negocio de Gobierno y Defensa de CBRE (2024-2025), Controller Corporativo para J&J Worldwide Services (2022-2024) y Principal Accounting Officer en ICF International (NASDAQ: ICFI) (2020-2022). Anteriormente fue Controller en Privia Health y ocupó varios cargos contables corporativos en Discovery Communications. Es un Contador Público Certificado y tiene una licenciatura en Contabilidad y Sistemas de Información de Virginia Tech.

La presentación se limita al cambio en el liderazgo; no contiene datos sobre desempeño financiero ni divulgaciones de transacciones estratégicas. Para los inversores, la noticia indica un refuerzo en la función de reporte financiero de Telos, pero probablemente no tendrá un impacto inmediato en las ganancias.

Telos Corporation(NASDAQ: TLS)ëŠ� 2025ë…� 7ì›� 8ì¼ë¶€ë¡� Donald Joseph “DJâ€� Terreri(43ì„�)ë¥� Controller, Chief Accounting Officer ë°� principal accounting officerë¡� 임명했다ê³� 8-K 보고서를 제출했습니다. TerreriëŠ� CFO Mark Bendzaì—게 보고하며 기본 ì—°ë´‰ 285,000달러, 표준 복리후ìƒ, ì—°ê°„ 보너ìŠ� ê³„íš ì°¸ì—¬ ìžê²© ë°� ì£¼ì‹ ë³´ìƒì� 받게 ë©ë‹ˆë‹�.

TerreriëŠ� 10ë…� ì´ìƒì� 고위 회계 경력ì� 보유하고 있습니다: CBREì� ì •ë¶€ ë°� 방위 사업부 ì§€ì—� 재무 ì´ì‚¬(2024-2025), J&J Worldwide Servicesì� 기업 컨트롤러(2022-2024), ICF International(NASDAQ: ICFI)ì—서 Principal Accounting Officer(2020-2022)ë¥� 역임했습니다. ì´ì „ì—는 Privia Healthì� 컨트롤러 ë°� Discovery Communicationsì—서 여러 기업 회계 ì§ì±…ì� 맡았습니ë‹�. 그는 ê³µì¸ÐëŒê³„ì‚�(°ä±Ê´¡)ì´ë©° 버지니아 공대ì—서 회계 ë°� ì •ë³´ 시스í…� 학사 학위ë¥� 받았습니ë‹�.

ì´ë²ˆ 보고서는 리ë”ì‹� ë³€ê²½ì— í•œì •ë˜ì–´ 있으ë©�, 재무 성과 ë°ì´í„°ë‚˜ ì „ëžµì � 거래 공개ëŠ� í¬í•¨í•˜ì§€ 않습니다. 투ìžìžë“¤ì—게 ì´ë²ˆ 소ì‹ì€ Telosì� 재무 ë³´ê³  기능 ê°•í™” 신호ì´ì§€ë§� 단기ì ì¸ 수ìµì—� 미치ëŠ� ì˜í–¥ì€ ì ì„ 것으ë¡� 보입니다.

Telos Corporation (NASDAQ : TLS) a déposé un formulaire 8-K annonçant la nomination de Donald Joseph « DJ » Terreri, 43 ans, en tant que Controller, Chief Accounting Officer et principal accounting officer, à compter du 8 juillet 2025. Terreri rendra compte au CFO Mark Bendza et percevra un salaire de base de 285 000 $, des avantages standards, une éligibilité au plan de bonus annuel ainsi que des attributions d’actions.

Terreri possède plus de dix ans d’expérience en comptabilité senior : Directeur financier régional pour l’activité Gouvernement & Défense chez CBRE (2024-2025), Controller d’entreprise chez J&J Worldwide Services (2022-2024) et Principal Accounting Officer chez ICF International (NASDAQ : ICFI) (2020-2022). Ses précédents postes incluent Controller chez Privia Health et plusieurs fonctions comptables chez Discovery Communications. Il est expert-comptable agréé et titulaire d’un B.S. en comptabilité et systèmes d’information de Virginia Tech.

Le dépôt se limite au changement de direction ; il ne contient aucune donnée sur la performance financière ni sur des transactions stratégiques. Pour les investisseurs, cette nouvelle signifie un renforcement de la fonction de reporting financier de Telos, mais il est peu probable qu’elle ait un impact à court terme sur les résultats.

Telos Corporation (NASDAQ: TLS) hat eine 8-K-Meldung eingereicht, in der die Ernennung von Donald Joseph „DJ� Terreri, 43, zum Controller, Chief Accounting Officer und principal accounting officer mit Wirkung zum 8. Juli 2025 bekannt gegeben wird. Terreri wird an CFO Mark Bendza berichten und ein Grundgehalt von 285.000 US-Dollar, Standardleistungen, die Berechtigung für den jährlichen Bonusplan sowie Aktienzuteilungen erhalten.

Terreri bringt mehr als ein Jahrzehnt Erfahrung in leitenden Buchhaltungspositionen mit: Regional Finance Director für das Government & Defense-Geschäft von CBRE (2024-2025), Corporate Controller bei J&J Worldwide Services (2022-2024) und Principal Accounting Officer bei ICF International (NASDAQ: ICFI) (2020-2022). Zuvor war er Controller bei Privia Health und hatte mehrere buchhalterische Positionen bei Discovery Communications inne. Er ist ein Certified Public Accountant und hat einen B.S. in Accounting & Information Systems von der Virginia Tech.

Die Meldung beschränkt sich auf den Führungswechsel; sie enthält keine Finanzkennzahlen oder Angaben zu strategischen Transaktionen. Für Investoren signalisiert die Nachricht eine Stärkung der Finanzberichterstattungsfunktion von Telos, dürfte aber kurzfristig keine Auswirkungen auf die Gewinne haben.

false 0001051627 0001051627 2025-07-09 2025-07-09
 
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 (Date of earliest event reported): July 9, 2025
 
AXT, INC.
(Exact name of registrant as specified in its charter)
 

 
Delaware
 
000-24085
 
94-3031310
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
 
4281 Technology Drive
Fremont, California 94538
(Address of principal executive offices) (Zip Code)
 
Registrant’s telephone number, including area code: (510) 438-4700
 
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 (see General Instruction A.2. below):
 
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))
 
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. ☐
 
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, $0.001 par value
 
AXTI
 
The NASDAQ Stock Market LLC
 
 

 
Item 2.02 Results of Operations and Financial Condition
 
On July 9, 2025, AXT, Inc. issued a press release announcing certain unaudited preliminary revenue results for the second quarter ended June 30, 2025. A copy of the press release is furnished hereto as Exhibit 99.1 and is incorporated herein by reference.
  Item 7.01 Regulation FD Disclosure  
The information in Item 2.02 of this report is incorporated by reference into this Item 7.01.
 
The information in Items 2.02 and 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the Exchange Act) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific reference in such filing.
 
Item 9.01 Financial Statements and Exhibits
 
(d)       Exhibits.
   
Exhibit
No.
 
Description
   
99.1
 
Press release, dated July 9, 2025
104
 
Cover Page Interactive Data File (formatted as inline XBRL)
 
 

 
 
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.
 
     
 
AXT, INC.
     
     
Date: July 9, 2025
By:
/s/ Gary L. Fischer
   
Gary L. Fischer
   
Chief Financial Officer and Corporate Secretary
 
 

FAQ

Who was appointed principal accounting officer at Telos (TLS)?

Telos appointed Donald Joseph "DJ" Terreri as Controller, Chief Accounting Officer and principal accounting officer.

What is DJ Terreri’s compensation at Telos?

He will receive a $285,000 annual salary, standard benefits, and is eligible for bonuses and equity awards.

When did Telos� board approve the appointment?

The Board of Directors approved the appointment on 8 July 2025.

What relevant experience does the new officer bring?

Terreri was previously Regional Finance Director at CBRE Government & Defense, Corporate Controller at J&J Worldwide, and Principal Accounting Officer at ICF International.

Does the 8-K include any financial results or guidance?

No. The filing is limited to the officer appointment and contains no earnings or guidance updates.
Axt Inc

NASDAQ:AXTI

AXTI Rankings

AXTI Latest News

AXTI Stock Data

91.66M
42.32M
7.74%
45.29%
2.23%
Semiconductor Equipment & Materials
Semiconductors & Related Devices
United States
FREMONT