SUNE

#4684
SUNation Energy, Inc. - Common Stock
2.1 6 USD
-0.02%
Market Price
Sektor: Technologie
Basis: USD
Gewinnwährung: USD
Tagesspanne
2.16
2.16
Jahresspanne
1.10
9.45
Tagesänderung
-1.82%
Monatliche Änderung
+2.37%
6 month change
+64.89%
Jahresänderung
+30.91%
Vorheriger Schlusskurs
2.2 0
Open
2.1 6
Tief
2.1 6
Hoch
2.1 6
Volumen
1
Vollständige Grafik anzeigen

Financials

Übersicht Finanzbericht Statistik Documents

2026

Current report, Q3 FY2026
Sunation Energy, Inc. current report, Q3 FY2026
8-K
Quarterly report, Q2 FY2026
Sunation Energy, Inc. quarterly report, Q2 FY2026
10-Q
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Current report, Q2 FY2026
Sunation Energy, Inc. current report, Q2 FY2026
8-K
Quarterly report, Q1 FY2026
Sunation Energy, Inc. quarterly report, Q1 FY2026
10-Q
Current report, Q1 FY2026
Sunation Energy, Inc. current report, Q1 FY2026
8-K

Sunation Energy, Inc. current report, Q4 FY2012

Full document

Business Context and Reporting Period

This Form 8-K Current Report was filed by Communications Systems, Inc. (not Sunation Energy, Inc.) on December 14, 2012. The filing reports corporate governance actions taken by the Board of Directors and Compensation Committee regarding executive compensation and employee benefit plans for the 2013 fiscal year.

Key Financial Metrics

The filing does not provide revenue, profit, cash flow, margins, debt, or liquidity figures. It focuses exclusively on compensation structures.

  • 2013 Executive Base Salaries Approved:
    • William G. Schultz (President & CEO): $311,680
    • David T. McGraw (CFO): $261,814
    • Bruce Blackwood (GM, Suttle): $198,135
    • Sev Sadura (GM, Transition Networks): $180,250
    • Scott Fluegge (GM, JDL Technologies): $180,000
    • Karen Nesburg Bleick (VP, HR): $153,077
  • Bonus Structure: 50% tied to quarterly/six-month goals; 50% tied to fiscal year goals. Primary metrics are revenue and operating income.
  • ESOP Amendment: Employees may now elect to receive cash dividends on ESOP-held shares currently, rather than having them reinvested.

Material Changes Versus Prior Period

The filing does not provide comparative financial data or explicit year-over-year changes in compensation amounts. The primary material change is the structural amendment to the Employee Stock Ownership Plan (ESOP), shifting from mandatory reinvestment of dividends to an option for employees to receive cash dividends.

Guidance, Outlook, and Risks

Compensation Contingencies:

  • Bonuses are contingent on achieving minimum performance goals; no bonus is paid if minimums are missed.
  • Maximum bonus caps are set at 2x target for revenue and 1.5x target for operating income.
  • Stock grants replace cash bonuses if revenues exceed 110% of targets.
  • Executives must remain employed through the end of the performance period to receive payouts, with exceptions for death, disability, or change of control.

Management Commentary: The filing contains no forward-looking financial guidance or strategic outlook beyond the compensation plan details.

Investor Verification Checklist

  • Verify the registrant name is Communications Systems, Inc., not Sunation Energy, Inc.
  • Confirm the specific performance metrics (revenue, operating income, inventory levels) used to calculate the 2013 executive bonuses.
  • Review the attached Exhibit 10.1 for the full legal text of the ESOP amendment.
  • Check subsequent filings for actual 2013 performance results to determine realized bonus payouts.