Broadwind Inc.

04/06/2026 | Press release | Distributed by Public on 04/06/2026 12:30

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 March 31, 2026, the Board of Directors (the Board) of Broadwind, Inc., (the Company), on the recommendation of the Company's Compensation Committee, approved discretionary annual incentives under the Company's Short Term Incentive Program (the STIP) for 2025 of $33,562.50 for the Company's President and CEO, Eric B. Blashford, and $12,140.55 for the Company's Vice President and CFO, Thomas A. Ciccone.
The Board's decision was made after consideration of relevant pay-for-performance principles and the Company's need to retain executives as the management continues to execute on its strategic plan.
Further information regarding the compensation plans for the Company's named executive officers will be set forth in the Company's Proxy Statement for the 2026 Annual Meeting of Shareholders.
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