inTEST Management

Management criteria checks 3/4

inTEST's CEO is Nick Grant, appointed in Aug 2020, has a tenure of 3.67 years. total yearly compensation is $1.14M, comprised of 36% salary and 64% bonuses, including company stock and options. directly owns 1.43% of the company’s shares, worth €1.93M. The average tenure of the management team and the board of directors is 2.3 years and 4.8 years respectively.

Key information

Nick Grant

Chief executive officer

US$1.1m

Total compensation

CEO salary percentage	36.0%
CEO tenure	3.7yrs
CEO ownership	1.4%
Management average tenure	2.3yrs
Board average tenure	4.8yrs

Recent management updates

Recent updates

CEO Compensation Analysis

How has Nick Grant's remuneration changed compared to inTEST's earnings?
Date	Total Compensation	Salary	Company Earnings
Dec 31 2023	US$1m	US$409k	US$9m
Sep 30 2023	n/a	n/a	US$11m
Jun 30 2023	n/a	n/a	US$11m
Mar 31 2023	n/a	n/a	US$11m
Dec 31 2022	US$986k	US$387k	US$8m
Sep 30 2022	n/a	n/a	US$6m
Jun 30 2022	n/a	n/a	US$5m
Mar 31 2022	n/a	n/a	US$6m
Dec 31 2021	US$1m	US$375k	US$7m
Sep 30 2021	n/a	n/a	US$7m
Jun 30 2021	n/a	n/a	US$5m
Mar 31 2021	n/a	n/a	US$2m
Dec 31 2020	US$1m	US$123k	-US$895k

Compensation vs Market: Nick's total compensation ($USD1.14M) is above average for companies of similar size in the German market ($USD401.52K).

Compensation vs Earnings: Nick's compensation has been consistent with company performance over the past year.

CEO

Nick Grant (52 yo)

3.7yrs

Tenure

US$1,136,012

Compensation

Mr. Richard N. Grant, Jr., also known as Nick, has been President, Chief Executive Officer and Director of inTEST Corporation since August 24, 2020. Mr. Grant served as Senior Vice President Americas Regio...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Richard Grant	President	3.7yrs	US$1.14m	1.43% $ 1.9m
Duncan Gilmour	CFO, Treasurer & Secretary	2.8yrs	US$630.00k	0.39% $ 522.5k
Joseph McManus	Division President for Electronic Test	2.3yrs	US$532.80k	0.20% $ 267.4k
Richard Rogoff	VP of Corporate Development & ESG Sustainability Officer	2.5yrs	no data	no data
Meghan Moseley	Vice President of Human Resources	2.2yrs	no data	no data
Michael Tanniru	President of Environmental Technologies Division	less than a year	no data	0.10% $ 140.5k
Michael Goodrich	President of Process Technologies Division	less than a year	no data	0.11% $ 145.1k
Susan Dawson	Finance Admin Manager	no data	no data	no data

2.3yrs

Average Tenure

51yo

Average Age

Experienced Management: IN9's management team is considered experienced (2.3 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Richard Grant	President	3.7yrs	US$1.14m	1.43% $ 1.9m
Steven Abrams	Independent Director	11.3yrs	US$194.54k	0.73% $ 975.5k
Joseph Dews	Independent Chairman of the Board	10yrs	US$219.54k	0.79% $ 1.1m
Jeffrey Beck	Independent Director	4.8yrs	US$193.29k	0.49% $ 655.9k
Gerald Maginnis	Independent Director	3.8yrs	US$194.54k	0.50% $ 670.0k

4.8yrs

Average Tenure

56yo

Average Age

Experienced Board: IN9's board of directors are considered experienced (4.8 years average tenure).

inTEST Management

Management criteria checks 3/4

Key information

Recent management updates

inTEST Corporation, Annual General Meeting, Jun 20, 2024

inTEST Corporation Announces Executive Changes

Insufficient new directors

Insufficient new directors

Independent Chairman of the Board recently sold €274k worth of stock

Independent Chairman of the Board recently bought €60k worth of stock

Recent updates

inTEST Corporation, Annual General Meeting, Jun 20, 2024

inTEST Corporation to Report Q1, 2024 Results on May 06, 2024

inTEST Corporation Provides Earnings Guidance for the First Quarter of 2024 and Full Year 2024

inTEST Corporation announced delayed annual 10-K filing

inTEST Corporation announced delayed annual 10-K filing

inTEST Corporation Updates Earnings Guidance for the Full Year 2024

inTEST Corporation Provides Earnings Guidance for the Fourth Quarter of 2023, the First Quarter of 2024 and the Full Year of 2024

inTEST Corporation to Report Q4, 2023 Results on Mar 01, 2024

inTEST Corporation Announces Executive Changes

Insufficient new directors

InTEST Corporation Launches Next Generation of Induction Heating Systems

inTEST Corporation (NYSEAM:INTT) announces an Equity Buyback for $10 million worth of its shares.

inTEST Corporation (NYSEAM:INTT) announces an Equity Buyback for $10 million worth of its shares.

inTEST Corporation Revises Earnings Guidance for the Full Year of 2023

inTEST Corporation Provides Guidance Earnings Guidance for the Fourth Quarter of 2023

inTEST Corporation to Report Q3, 2023 Results on Nov 03, 2023

inTEST Upgrades Facility for Electronic Circuit and Electric Vehicle Battery Testing Operations

Insufficient new directors

Investor sentiment deteriorates as stock falls 16%

inTEST Corporation Provides Earnings Guidance for the Period the Full Year of 2023

Second quarter 2023 earnings released: EPS: US$0.25 (vs US$0.20 in 2Q 2022)

inTEST Corporation Provides Earnings Guidance for the Period the Full Year of 2023

inTEST Corporation to Report Q2, 2023 Results on Aug 04, 2023

Investor sentiment deteriorates as stock falls 17%

Independent Chairman of the Board recently sold €274k worth of stock

New minor risk - Shareholder dilution

Investor sentiment improves as stock rises 20%

Investor sentiment improves as stock rises 19%

First quarter 2023 earnings released: EPS: US$0.26 (vs US$0.054 in 1Q 2022)

inTEST Corporation Provides Financial Guidance for the Second Quarter and Full Year 2023

Investor sentiment improves as stock rises 18%

Full year 2022 earnings released: EPS: US$0.79 (vs US$0.70 in FY 2021)

inTEST Corporation to Report Q4, 2022 Results on Mar 03, 2023

Now 22% undervalued

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$0.24 (vs US$0.21 in 3Q 2021)

Investor sentiment improved over the past week

Third quarter 2022 earnings released: EPS: US$0.24 (vs US$0.21 in 3Q 2021)

inTEST Corporation Announces Earnings Guidance for the Fourth Quarter of 2022

inTEST Corporation to Demonstrate Innovative SCAiLX Zoom Block Camera Technology At Vision 2022 in Stuttgart, Germany

inTEST Corporation to Highlight Automated Test Equipment and Induction Heating Technology for EV Batteries At the Battery Show North America

Investor sentiment deteriorated over the past week

Investor sentiment improved over the past week

Second quarter 2022 earnings released: EPS: US$0.20 (vs US$0.25 in 2Q 2021)

inTEST Corporation Provides Earnings Guidance for the Third Quarter and Full Year 2022

inTEST Corporation to Report Q2, 2022 Results on Aug 04, 2022

Investor sentiment improved over the past week

Independent Chairman of the Board recently bought €60k worth of stock

First quarter 2022 earnings released: EPS: US$0.054 (vs US$0.21 in 1Q 2021)

inTEST Corporation, Annual General Meeting, Jun 22, 2022

inTEST Corporation to Report Q1, 2022 Results on May 06, 2022

Investor sentiment deteriorated over the past week

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

inTEST Corporation Provides Earnings Guidance for the First Quarter of 2022 and Full Year 2022

inTEST Corporation to Report Q4, 2021 Results on Mar 04, 2022

Investor sentiment improved over the past week

inTEST Corporation (NYSEAM:INTT) completed the acquisition of Acculogic Inc. from Saeed Taheri.

Investor sentiment deteriorated over the past week

inTEST Corporation (NYSEAM:INTT) entered into a definitive agreement to acquire Acculogic Inc. for $9 million.

Third quarter 2021 earnings released: EPS US$0.21 (vs US$0.045 in 3Q 2020)

Investor sentiment improved over the past week

High number of new and inexperienced directors

CEO Compensation Analysis

CEO

Tenure

Compensation

Leadership Team

Average Tenure

Average Age