Trans-Lux Corporation

04/15/2026 | Press release | Distributed by Public on 04/15/2026 08:10

Management Change/Compensation (Form 8-K)

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On April 13, 2026, Trans-Lux Corporation (the "Company") accepted the resignation of John Hammock from his position as Interim Chief Executive Officer of the Company. Mr. Hammock's departure was not the result of any disagreement related to any matter involving the Company's operations, policies or practices.

On April 13, 2026, the Company appointed Mr. Yantao (Tony) Yu, age 50, as Chief Executive Officer of the Company. Mr. Yu is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K except with respect to his employment with the Company. There are no arrangements or understandings between Mr. Yu and any other person pursuant to which he was selected as Chief Executive Officer. Mr. Yu was elected as a director of the Company on July 30, 2019. Mr. Yu was appointed Chief Operating Officer of the Company on August 1, 2021. Mr. Yu has been the Chief Financial Officer of Unilumin USA since September 2018. With over 25 years of financial experience, his background includes positions as Senior Accountant and/or Controller of The Quaker Oats Company; Bostik China (a subsidiary of Total S.A [TOT]); Eton Electric; and Airwell Air-conditioning Technology (China) Co., Ltd. and Airwell Fedders North America Inc (subsidiaries of Elco Holdings, Ltd. [TASE: ELCO]). From 1994 through 2012, he served as Chief Financial Officer of Lover Group and served as its Secretary of the Board from 2013 through August 2018. Mr. Yu holds an Executive Master of Business Administration (EMBA) degree from the University of Minnesota and his professional certifications include CPA, CGA, CMA and FCCA. Mr. Yu will continue to be compensated by the Company at his current rate of $26,000 per year, while he also receives compensation from Unilumin, the Company's largest stockholder.

Trans-Lux Corporation published this content on April 15, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on April 15, 2026 at 14:10 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]