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Recent Updates — PKE

August 17, 2026View Source ↗

On August 12, 2026, Park Aerospace Corp. appointed Constantine Petropoulos as Senior Vice President and Chief Financial Officer, effective immediately. Mr. Petropoulos previously served as the company's Senior Vice President and Chief Legal and Capital Markets Officer since January 2026. In connection with his appointment, the Compensation Committee approved an increase in his annual base salary from $357,000 to $425,000. Additionally, the Stock Option Committee granted him a stock option to purchase 25,000 shares of common stock at an exercise price of $37.47 per share under the Company's 2018 Stock Option Plan. The options vest 25% annually over four years and expire ten years from the grant date. Park Aerospace Corp. manufactures aerospace components and systems.

July 20, 2026View Source ↗

Park Aerospace Corp. reported financial results for its 2027 fiscal year first quarter ended May 31, 2026. Net sales reached $18,312,000, an increase from $15,400,000 in the same quarter of the previous year. Net earnings rose to $3,533,000, up from $2,080,000 in the prior year's first quarter. Adjusted EBITDA for the period was $4,576,000, compared to $2,963,000 in the prior year. Basic and diluted earnings per share were $0.17, compared to $0.10 in the first quarter of fiscal 2026. The company develops and manufactures advanced composite materials for the global aerospace market.

July 9, 2026View Source ↗

Park Aerospace Corp. terminated Cory Nickel, Senior Vice President and General Manager, effective July 7, 202old, and appointed John Jamieson to the same position, effective immediately. Mr. Jamieson's annual base salary will increase from $193,000 to $205,000 starting July 13, 2026. Park Aerospace Corp. is an aerospace and defense industry company that manufactures components and materials for aerospace and defense applications.