---
schema_version: "secwatch.filing_event.v1"
accession: "0000277509-21-000038"
form_type: "8-K"
ticker: "FSS"
cik: "0000277509"
company_name: "FEDERAL SIGNAL CORP /DE/"
filed_at: "2021-10-26T23:59:59+00:00"
generated_at: "2026-06-28T18:09:59.135103+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Federal Signal expands board to 7, appoints Shashank Patel effective Oct 25

## Summary
- Board increased from six to seven directors; Patel appointed immediately.
- Patel is CFO of Watts Water Technologies (NYSE: WTS) since July 2018.
- Annual base retainer: $75,000; audit committee retainer: $9,000; equity award of $110,000 beginning 2022.
- Until stock ownership requirement met, 50% of retainers paid in FSS common stock.
- Patel's prior 21 years at Xylem Inc. and ITT Corporation in finance, operations, and engineering.

## SEC filing metadata
- accession: 0000277509-21-000038
- form_type: 8-K
- ticker: FSS
- cik: 0000277509
- company_name: FEDERAL SIGNAL CORP /DE/
- filed_at: 2021-10-26T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/277509/000027750921000038/0000277509-21-000038-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/277509/000027750921000038/fss-20211025.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000277509-21-000038
- JSON: https://secwatch.observer/filing/0000277509-21-000038.json
- Plain text: https://secwatch.observer/filing/0000277509-21-000038.txt

## Key facts
- Executive change
  Shashank Patel was appointed as Director at FEDERAL SIGNAL CORP /DE/.
  - Action: appointed
  - Role: Director
  source text: appointed Shashank Patel to the Board, effective immediately.
  evidence_url: https://www.sec.gov/Archives/edgar/data/277509/000027750921000038/0000277509-21-000038-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.