secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL SIGNAL CORP /DE/ (FSS)
CIK:        0000277509
Form:       8-K
Filed at:   2021-10-26T23:59:59+00:00
Accession:  0000277509-21-000038
Event type: leadership
Sentiment:  neutral
Materiality: 0.50
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/277509/000027750921000038/0000277509-21-000038-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/277509/000027750921000038/fss-20211025.htm
  HTML page:      https://secwatch.observer/filing/0000277509-21-000038

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer