Pioneer Power CFO and CEO surrender shares to reimburse company for tax payments

PIONEER POWER SOLUTIONS, INC.

CFO Michalec surrenders 72,719 shares to reimburse $481,220.28 in taxes paid on his RSU vesting.
CEO Mazurek surrenders 44,363 shares to reimburse $272,829.32 in taxes paid on his RSU vesting.
Share surrenders occur on September 20, 2023; value based on closing price on approval date.
Michalec had previously repaid $34,000 via payroll withholding; remaining balance now covered by shares.
Mazurek had no prior payroll withholding; full tax payment reimbursed via share cancellation.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.