CEO Corporate Intelligence Briefing

What changed at Astrotech since August 31.

Five things moved since the August 31 briefing. Everything else on the register is unchanged and is listed at the foot without being repeated.

Built from the public record alone: filings accepted by EDGAR, press releases, and the company's own pages, read on September 15, 2026. No internal source of any kind. 23 documents, 64 quoted passages, each one re-checked against the live document.

  1. 01The window to nominate a director for the 2026 annual meeting shut on Sunday, and the meeting date is still not public
  2. 02The annual report for the year ended June 30 is due in thirteen days, on Monday September 28
  3. 03Seven amended insider reports were filed in thirteen minutes on September 8, one of them correcting a report from March 2024
  4. 04Your public record disagrees with itself about the size of your board, in three places
  5. 05The rights plan reaches its expiration on December 20, and each extension has been signed within three days of the annual meeting

The briefing of August 31, 2026 · How it is built

01shut 2 days ago

The window to nominate a director for the 2026 annual meeting shut on Sunday, and the meeting date is still not public

WHAT HAPPENEDThe bylaw window for stockholder proposals and director nominations at the 2026 annual meeting shut at the close of business on Sunday, September 13. It had opened on August 14.1

WHAT CHANGEDAt the last briefing it was open with thirteen days to run. It is shut, and nothing has been filed since to announce the date of the meeting.1,2

Interpretation

WHY IT MATTERSThe same paragraph reopens it for ten days after a public announcement if the meeting falls more than 30 days before, or more than 60 days after, December 12. The meeting date, still unset, is what decides whether nominations are shut. Whether a submission on Monday the 14th would count against a Sunday deadline is a question for counsel.2,3

WHO OWNS ITThe bylaws name the Secretary of the Company. Scott Bartley has held that office, with Interim Chief Financial Officer and Treasurer, since October 27, 2025.1,4

WHAT IS LATENothing. A window shut on its own terms, and the June 30 deadline for proposals printed in the proxy has already gone by.5

Recommended action

WHAT DECISION IS REQUIREDSet the date of the 2026 annual meeting. That one choice settles this window, the proxy calendar and item five.

WHAT TO DO NEXTNext board agenda. Ask the Secretary to confirm on the record what came in between August 14 and September 13.

  1. 1Definitive proxy statement (DEF 14A) for the December 12, 2025 annual meeting · SEC filing · Oct 28, 2025 “any stockholder who would like to have a proposal considered at our 2026 annual meeting of stockholders must submit the proposal to the Secretary of the Company” / “not earlier than the close of business on August 14, 2026, and not later than the close of business on September 13, 2026”
  2. 2Definitive proxy statement (DEF 14A) for the December 12, 2025 annual meeting · SEC filing · Oct 28, 2025 “unless the date of our 2026 annual meeting is more than 30 days before or more than 60 days after December 12, 2026, in which case the proposal must be received no later than the 10th day following the day on which public announcement of the date of such meeting is first made”
  3. 3Form 8-K: annual meeting results and Amendment No. 3 to the Rights Agreement · SEC filing · Dec 17, 2025 “On December 12, 2025, the Company held its annual meeting of stockholders”
  4. 4Form 8-K, Item 5.02: appointment of an Interim Chief Financial Officer · SEC filing · Oct 31, 2025 “On October 27, 2025, the Board of Directors” / “appointed Scott Bartley, as Interim Chief Financial Officer, Treasurer and Secretary of the Company”
  5. 5Definitive proxy statement (DEF 14A) for the December 12, 2025 annual meeting · SEC filing · Oct 28, 2025 “in order for a stockholder proposal to be included in the Company's proxy statement for its 2026 annual meeting, such proposal must be received at the Company's principal executive offices”
02due in 13 days

The annual report for the year ended June 30 is due in thirteen days, on Monday September 28

WHAT HAPPENEDThe fiscal year ended June 30. As a non-accelerated filer and a smaller reporting company, the annual report is due ninety days later: Monday, September 28.1

WHAT CHANGEDTwenty eight days remained at the last briefing. Thirteen remain.1,2

Interpretation

WHY IT MATTERSIt is the first annual report drafted after the June board approval of a sale process for 1st Detect and the August replacement of the equity program. Last year the results release came out the day before the report, so that date is already inside the window.3,4,5

WHO OWNS ITThe Interim Chief Financial Officer, with RBSM LLP, ratified by stockholders as auditor for this year.6,2

WHAT IS LATENothing is late. Last year's report was filed on the eighty eighth day.7,1

Recommended action

WHAT DECISION IS REQUIREDFix the results release date, and name who reviews the sale process and equity program language before signature.

WHAT TO DO NEXTLock the calendar this week. Item three should be settled before the report is signed, not after.

  1. 1Form 10-Q for the quarter ended March 31, 2026 · SEC filing · May 13, 2026 “Non-accelerated filer ☒”
  2. 2Form 8-K: annual meeting results and Amendment No. 3 to the Rights Agreement · SEC filing · Dec 17, 2025 “our stockholders ratified the appointment of RBSM LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2026”
  3. 3Form 8-K, Item 8.01: board approval of a sale process for 1st Detect · SEC filing · Jun 16, 2026 “has approved management to engage in a sale process for the potential sale of”
  4. 4Form 8-K, Item 8.01: a $50 million prospectus supplement replaces the June program · SEC filing · Aug 19, 2026 “the offer and sale of up to $50 million of shares” / “which replaces and supersedes the Prior Prospectus Supplement”
  5. 5Form 8-K, Item 2.02: results for the quarter and year ended June 30, 2025 · SEC filing · Sep 25, 2025 “On September 25, 2025, Astrotech Corporation (the "Company") issued a press release announcing its results of operations for the quarter and year ended June 30, 2025.”
  6. 6Form 8-K, Item 5.02: appointment of an Interim Chief Financial Officer · SEC filing · Oct 31, 2025 “On October 27, 2025, the Board of Directors” / “appointed Scott Bartley, as Interim Chief Financial Officer, Treasurer and Secretary of the Company”
  7. 7Annual report on Form 10-K for the fiscal year ended June 30, 2025, filed September 26, 2025 · SEC filing · Sep 26, 2025 “ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended June 30, 2025”
03

Seven amended insider reports were filed in thirteen minutes on September 8, one of them correcting a report from March 2024

WHAT HAPPENEDEDGAR indexes seven Forms 4/A under September 8, accepted between 21:02 and 21:15 Eastern, amending reports for five insiders. One corrects a report originally filed on March 18, 2024.1,2

WHAT CHANGEDNone of it existed on August 31. One amended report was a week old: the Form 4 filed September 1 carries a date of earliest transaction of December 13, 2024, while the award it reports is dated September 1, 2026. The amendment restates that date.3,4,5

Interpretation

WHY IT MATTERSA batch across five insiders reaching back to March 2024 reads as the output of a review of past filings rather than one clerical fix. This briefing sees the output on EDGAR, not the review, so that is offered as a reading. The calendar is not a reading: the proxy must name every insider whose report was late during the year, and last year's named three.6,2

WHO OWNS ITThe Corporate Secretary, with securities counsel. The five are four directors and the Chief Operating Officer.7,8

WHAT IS LATEThe amendments are not themselves a finding of lateness. But the annual report is due September 28, the proxy follows it, and that paragraph is drafted from this material.6

Recommended action

WHAT DECISION IS REQUIREDAsk counsel, before the annual report is signed, for the list of fiscal 2026 reports filed after their due date and for what triggered the batch.

WHAT TO DO NEXTOne request to counsel this week. It costs an email and settles a paragraph proxy advisers read closely.

  1. 1EDGAR index of the company's Section 16 ownership reports · SEC filing · Sep 8, 2026 “Acc-no: 0001437749-26-029876 Size: 5 KB 2026-09-08”
  2. 2Form 4/A for director Bob McFarland amending a report originally filed March 18, 2024 · SEC filing · Sep 8, 2026 “4. If Amendment, Date of Original Filed (Month/Day/Year) 03/18/2024”
  3. 3Form 4 for director Charles Arch Winn, filed September 1, 2026 · SEC filing · Sep 1, 2026 “3. Date of Earliest Transaction (Month/Day/Year) 12/13/2024”
  4. 4Form 4 for director Charles Arch Winn, filed September 1, 2026 · SEC filing · Sep 1, 2026 “Common Stock 09/01/2026 A 2,150”
  5. 5Form 4/A amending that report, filed September 8, 2026 · SEC filing · Sep 8, 2026 “3. Date of Earliest Transaction (Month/Day/Year) 09/01/2026”
  6. 6Definitive proxy statement (DEF 14A) for the December 12, 2025 annual meeting · SEC filing · Oct 28, 2025 “the Company is required to disclose in this document any failure in the past fiscal year to file by the required dates” / “other than: Jamie Hinojosa who filed a late report on October 15, 2024, Thomas Boone Pickens III who filed a late report on October 15, 2024 and Jennifer Canas who filed a late report on June 4, 2025”
  7. 7Form 8-K, Item 5.02: appointment of an Interim Chief Financial Officer · SEC filing · Oct 31, 2025 “On October 27, 2025, the Board of Directors” / “appointed Scott Bartley, as Interim Chief Financial Officer, Treasurer and Secretary of the Company”
  8. 8Form 4/A for the Chief Operating Officer, filed September 8, 2026 · SEC filing · Sep 8, 2026 “Officer (give title below) Other (specify below) Chief Operating Officer”
04

Your public record disagrees with itself about the size of your board, in three places

Carried over from August 31, 2026. New since then: the company's own board page was read on September 15 and still shows six directors, sixty one days after the seventh was appointed.

WHAT HAPPENEDItem 5.02 of the Form 8-K of July 22 says the Board went from six directors to seven. The press release furnished as Exhibit 99.1 to that same filing says five to six. The Executive Team page shows the Chairman and five directors, six names.1,2,3

WHAT CHANGEDThe contradiction inside the July 22 filing was in the last briefing. New is the reconciliation: the board page, read on September 15, is sixty one days behind the July 16 board action. The same page lists no Chief Financial Officer, while an Interim Chief Financial Officer has been in office since October 27, 2025.3,4,5

Interpretation

WHY IT MATTERSSix directors stood for election on December 12, 2025, so the Item 5.02 figure is the one that agrees with the record. The press release is the document that travels: data vendors and proxy advisers read it first, and a counterparty checks the website second. The 2026 proxy will have to state one number, with seven names under it.6,1

WHO OWNS ITThe Corporate Secretary. The board that acted in July now includes a director whose career is investor relations, and his is the name missing from the page.5,1

WHAT IS LATENo filing is late. The Form 8-K went in four business days after the board acted. The company's own pages are behind, by sixty one days on the board and three hundred and twenty three on the finance seat.3,5

Recommended action

WHAT DECISION IS REQUIREDWhether the July 22 release is corrected, and who owns the board page and the newsroom.

WHAT TO DO NEXTOne pass over the two pages before the proxy is drafted. Then one rule: no release goes out unread against the filing it is attached to.

  1. 1Form 8-K, Item 5.02: appointment of a seventh director · SEC filing · Jul 22, 2026 “increased the size of the Board from six directors to seven directors and appointed Matthew Kreps to the Board”
  2. 2Press release furnished as Exhibit 99.1 to the July 22, 2026 Form 8-K · Press release · Jul 22, 2026 “it has increased the size of its Board of Directors from five to six directors and has appointed Matt Kreps as a director of the Company”
  3. 3Executive Team and Board Members page on astrotechcorp.com · Company page · Sep 15, 2026 “Thomas B. Pickens, III Chief Executive Officer and Chairman of the Board” / “Board Members” / “Tom Wilkinson Lead Independent Director” / “Bob McFarland Director” / “John Halinski Director” / “Eric Stober Director” / “Charles Winn Director”
  4. 4Executive Team and Board Members page on astrotechcorp.com · Company page · Sep 15, 2026 “Nihanth Badugu is the Chief Operating Officer of Astrotech Corporation” / “As Chief Product Officer at Astrotech Corporation”
  5. 5Form 8-K, Item 5.02: appointment of an Interim Chief Financial Officer · SEC filing · Oct 31, 2025 “On October 27, 2025, the Board of Directors” / “appointed Scott Bartley, as Interim Chief Financial Officer, Treasurer and Secretary of the Company”
  6. 6Definitive proxy statement (DEF 14A) for the December 12, 2025 annual meeting · SEC filing · Oct 28, 2025 “the Board has nominated Thomas B. Pickens III, Tom Wilkinson, Bob McFarland, Eric Stober, John Halinski, and Charles Winn to the Board to serve as directors until the 2026 Annual Meeting”
05due in 96 days

The rights plan reaches its expiration on December 20, and each extension has been signed within three days of the annual meeting

Carried over from August 31, 2026. New since then: item one put the annual meeting date in play, and each extension of this agreement has been signed within three days of that meeting.

WHAT HAPPENEDAmendment No. 3, entered into December 12, 2025, extends the Final Expiration Date to 5:00 P.M. New York City time on December 20, 2026. Ninety six days out.1,2

WHAT CHANGEDNothing about the agreement. It is repeated on purpose: its context changed when the nomination window shut and put the meeting date in play.1,3

Interpretation

WHY IT MATTERSThe three amendments were signed December 18, 2023, December 12, 2024 and December 12, 2025. The annual meetings of those years fell on December 15, December 13 and December 12, so each amendment landed within three days of its meeting. Three points are a habit, not a rule, but they put this decision and the meeting date on one agenda.4,5,6,7

WHO OWNS ITThe Board of Directors, with Equiniti Trust Company as rights agent.2

WHAT IS LATENothing. Ninety six days remain, and each of the three amendments so far was signed in the middle of December.4,1

Recommended action

WHAT DECISION IS REQUIREDExtend a fourth time, redeem, or let it reach the Final Expiration Date.

WHAT TO DO NEXTSame board agenda as item one. If the meeting moves out of December, this date does not move with it.

  1. 1Form 8-K: annual meeting results and Amendment No. 3 to the Rights Agreement · SEC filing · Dec 17, 2025 “The Amendment extends the Final Expiration Date (as defined in the Rights Agreement) to 5:00 P.M., New York City time, on December 20, 2026”
  2. 2Form 8-K: annual meeting results and Amendment No. 3 to the Rights Agreement · SEC filing · Dec 17, 2025 “On December 12, 2025, the Company entered into Amendment No. 3 to the Rights Agreement with the Rights Agent”
  3. 3Definitive proxy statement (DEF 14A) for the December 12, 2025 annual meeting · SEC filing · Oct 28, 2025 “any stockholder who would like to have a proposal considered at our 2026 annual meeting of stockholders must submit the proposal to the Secretary of the Company” / “not earlier than the close of business on August 14, 2026, and not later than the close of business on September 13, 2026”
  4. 4Form 8-K: annual meeting results and Amendment No. 3 to the Rights Agreement · SEC filing · Dec 17, 2025 “as amended by that certain Amendment No. 1” / “on December 18, 2023, and further amended by that certain Amendment No. 2” / “on December 12, 2024”
  5. 5Form 8-K, Item 5.07: results of the December 15, 2023 annual meeting · SEC filing · Dec 20, 2023 “On December 15, 2023, Astrotech Corporation (the "Company") held its annual meeting of shareholders”
  6. 6Form 8-K, Item 5.07: results of the December 13, 2024 annual meeting · SEC filing · Dec 16, 2024 “On December 13, 2024, Astrotech Corporation (the "Company") held its annual meeting of stockholders”
  7. 7Form 8-K: annual meeting results and Amendment No. 3 to the Rights Agreement · SEC filing · Dec 17, 2025 “On December 12, 2025, the Company held its annual meeting of stockholders”

These would not have waited for the morning.

The same record, read as it arrived. An alert fires on the acceptance timestamp of the document, not on the next day’s briefing.

Tuesday June 16, 08:32 Eastern

The board approved management to engage in a sale process for 1st Detect, announced the same morning.

Rule that fired: a current report carrying a board decision about a subsidiary. Form 8-K, Item 8.01: board approval of a sale process for 1st Detect

Wednesday August 19, 17:26 Eastern

A $50 million prospectus supplement replaced the June program, and a second filing terminated the old one, forty nine seconds apart.

Rule that fired: a change to an active equity program, accepted after the close. Form 8-K, Item 8.01: a $50 million prospectus supplement replaces the June program

Tuesday September 8, 21:02 to 21:15 Eastern

Seven Forms 4/A for five insiders, one of them correcting a report from March 2024.

Rule that fired: three or more amended insider reports accepted inside one hour. EDGAR index of the company's Section 16 ownership reports

Still open, unchanged since August 31, 2026, listed and not repeated

Sources in, briefing out. The model writes one layer, and it is the only one.

Public documents are read into a dated snapshot. Two snapshots are compared: what appeared, what crossed a deadline, and what failed to change when an event says it should have. The result is ranked by arithmetic, then written up. Every fact keeps the link and the passage it came from, or it does not print.

The same four record types hold inside Microsoft 365. A document becomes a message, a file version or a meeting; its link becomes the deep link back to the item. Delegated permissions through Microsoft Graph, scoped site by site, an audit trail of what was read, a retention window, and no corporate content leaving the tenant.

The pipeline, the two snapshots, the two briefings and the tests are public: github.com/fred1433/ceo-briefing-public-record.

Fifteen minutes to walk through it

Assembled from public documents only. Nothing here is investment advice, and nothing here is a statement about the value of a security. Facts are quoted and linked, interpretations are labelled as interpretations, and recommended actions are operational: an owner, a date, a decision.