FREQUENCY ELECTRONICS INC (FEIM) Form 8-K — Nov 5, 2026
Frequency Electronics (FEIM) filed an 8-K disclosing that former CFO, Treasurer and Secretary Steven L. Bernstein retired effective November 1, 2026 and entered into a consulting agreement to provide transition services. Bernstein will receive an annual consulting fee of $282,505 payable monthly through October 31, 2027, and will help close the books for Q2 fiscal 2027. His outstanding RSUs and PSUs continue vesting during the consulting term.
Key figures
- Consulting term end
- 2027-10-31
- Annual consulting fee
- 282505
- Unvested equity awards
- 5,000 RSU + 67,500 PSU remaining unvested
- Deferred comp annual benefit
- 38000
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