RCMT 8-K
Rcm Technologies, Inc. (RCMT)
8-K
2026-08-31
For: 2026-08-13
View Original
Added on
August 31, 2026
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): August 13, 2026
(Exact name of registrant as specified in its charter)
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(State or other jurisdiction
of incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
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(Address of principal executive offices)
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(Zip code)
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Registrant's telephone number, including area code (856 ) 356-4533
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
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Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A.2. below):
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act
of 1934 (§240.12b-2 of this chapter):
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards
provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
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On August 13, 2026, the Compensation Committee (the “Committee”) of the Board of Directors of RCM Technologies, Inc. (the “Company”) approved grants under
the Company’s 2014 Omnibus Equity Compensation Plan, as amended and restated (the “Plan”), of a maximum of 125,000 performance stock units (“PSUs”) to Bradley S. Vizi, the Company’s Executive Chairman and President. The number of PSUs that will
ultimately be earned and vested shall be determined as follows: 50% based on the level of achievement of established levels of EBITDA and 50% based on the level of achievement with respect to certain individual performance goals established by
the Compensation Committee, both during a performance period beginning on January 4, 2026 and ending on January 2, 2027. With respect to both the EBITDA and individual performance goals, threshold, target and maximum levels of performance have
been established, with the following number of PSUs to be earned with respect to each such level: threshold – 25,000; target – 50,000; maximum – 62,500. The grants are subject to accelerated vesting in the event of a Change in Control (as
defined in the Plan), or termination as a result of death or disability, prior to the end of the performance period.
Also on August 13, 2026, the Committee granted under the Plan, to the following executive officers of the Company, the indicated number of restricted
stock units (“RSUs”), which RSUs will become vested in one installment on the fifth anniversary of the date of grant, so long as such officer remains continuously employed by the Company through such vesting dates, except vesting will be
accelerated if his employment terminates prior to such vesting dates on account of death, disability or a covered termination following a change in control: Kevin D, Miller, Chief Financial Officer, Treasurer and Secretary, 8,362 RSUs; and
Michael Saks, Division President, Health Care Services, 4,000 RSUs.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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RCM TECHNOLOGIES, INC.
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By:
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/s/ Kevin D. Miller
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Kevin D. Miller
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Chief Financial Officer, Treasurer and
Secretary
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Dated: August 31, 2026