INTT · inTEST Corporation

0001036262-26-000016

Summary

InTest Corporation Director Gerald J. Maginnis notified the company on April 6, 2026, of his intention not to stand for re-election at the 2026 annual meeting for personal reasons, while serving out his term.

Key takeaways

Gerald J. Maginnis, Board Director, will not seek re-election at 2026 annual meeting.
Maginnis serves as Chairman of Audit Committee and member of Compensation and Nominating Committees.
Decision effective after 2026 annual shareholder meeting; he will serve remainder of current term.
Reason: personal reasons including other professional commitments.
No disagreement with company on operations, policies, or practices.

Full analysis

Gerald J. Maginnis's decision not to seek re-election represents a planned Board transition without disruption, as he will continue serving through the 2026 annual meeting. His roles on key committees, including leading the Audit Committee, underscore his governance oversight contributions. The absence of any disagreements signals stability in Board-management alignment, reducing concerns over internal conflicts.