Broadwind (NASDAQ: BWEN) sets 2025 bonuses for CEO and CFO

Filing Impact

(High)

Filing Sentiment

(Neutral)

Form Type

8-K

Rhea-AI Filing Summary

Broadwind, Inc. reported that its Board of Directors approved discretionary cash incentives under its Short Term Incentive Program for 2025 for two top executives. On March 31, 2026, the Board awarded $33,562.50 to President and CEO Eric B. Blashford and $12,140.55 to Vice President and CFO Thomas A. Ciccone.

The Board stated that these awards reflect pay-for-performance principles and the need to retain key leaders as management continues executing the company’s strategic plan. Additional details on executive compensation will appear in the proxy statement for the 2026 Annual Meeting of Shareholders.

8-K Event Classification

2 items: 5.02, 9.01

2 items

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers Governance

Key personnel changes including departures, elections, or appointments of directors and executive officers.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, and exhibit attachments filed with this report.

Key Figures

CEO 2025 STIP bonus: $33,562.50 CFO 2025 STIP bonus: $12,140.55 Form type: Form 8-K +1 more

4 metrics

CEO 2025 STIP bonus $33,562.50 Discretionary annual incentive for Eric B. Blashford approved March 31, 2026

CFO 2025 STIP bonus $12,140.55 Discretionary annual incentive for Thomas A. Ciccone approved March 31, 2026

Form type Form 8-K Current report describing executive compensation actions

Board action date March 31, 2026 Date the Board approved 2025 STIP incentives

Key Terms

Short Term Incentive Program, pay-for-performance principles, Compensation Committee, Proxy Statement, +1 more

5 terms

Short Term Incentive Program financial

"approved discretionary annual incentives under the Company’s Short Term Incentive Program (the STIP) for 2025"

pay-for-performance principles financial

"The Board’s decision was made after consideration of relevant pay-for-performance principles"

Compensation Committee financial

"the Board of Directors ... on the recommendation of the Company’s Compensation Committee, approved discretionary annual incentives"

A compensation committee is a group within a company's leadership responsible for setting and reviewing how much top executives and employees are paid, including salaries, bonuses, and benefits. It matters to investors because fair and effective pay decisions can influence a company's performance, leadership motivation, and overall governance, helping ensure that the company’s management is aligned with shareholders’ interests.

Proxy Statement regulatory

"Further information regarding the compensation plans ... will be set forth in the Company’s Proxy Statement for the 2026 Annual Meeting"

A proxy statement is a document companies send to shareholders ahead of a meeting that lays out the items up for a vote—like who will sit on the board, executive pay, and major corporate decisions—and provides background so shareholders can decide how to cast their votes or appoint someone to vote for them. Think of it as an agenda plus a ballot and briefing notes, important because the outcomes can change control, strategy, and value.

Annual Meeting of Shareholders regulatory

"Proxy Statement for the 2026 Annual Meeting of Shareholders"

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

Understanding 8-K Material Events →

04/06/2026 - 02:30 PM

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): March 31, 2026

BROADWIND, INC.

(Exact name of registrant as specified in its charter)

Delaware	001-34278	88-0409160
(State or Other Jurisdiction	(Commission	(I.R.S. Employer
of Incorporation)	File Number)	Identification No.)

3240 South Central Avenue

Cicero, Illinois 60804

(Address of Principal Executive Offices) (Zip Code)

(708) 780-4800

(Registrant’s telephone number, including area code)

Not Applicable

(Former name or former address, if changed since last report)

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:

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock, $0.001 par value	BWEN	The NASDAQ Capital Market

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.

On March 31, 2026, the Board of Directors (the Board) of Broadwind, Inc., (the Company), on the recommendation of the Company’s Compensation Committee, approved discretionary annual incentives under the Company’s Short Term Incentive Program (the STIP) for 2025 of $33,562.50 for the Company’s President and CEO, Eric B. Blashford, and $12,140.55 for the Company’s Vice President and CFO, Thomas A. Ciccone.

The Board’s decision was made after consideration of relevant pay-for-performance principles and the Company’s need to retain executives as the management continues to execute on its strategic plan.

Further information regarding the compensation plans for the Company’s named executive officers will be set forth in the Company’s Proxy Statement for the 2026 Annual Meeting of Shareholders.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

	Exhibit No.	Description

	104	Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURE

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.

	BROADWIND, INC.

	By:	/s/ Eric B. Blashford
	Eric B. Blashford
	President and Chief Executive Officer
	(Principal Executive Officer)

Date: April 6, 2026

Source: View Original Filing on SEC EDGAR

FAQ

What executive bonuses did Broadwind (BWEN) approve for 2025?

Broadwind approved discretionary 2025 Short Term Incentive Program bonuses for two executives. CEO Eric B. Blashford will receive $33,562.50, while CFO Thomas A. Ciccone will receive $12,140.55, based on pay-for-performance principles and retention considerations reviewed by the Board.

When did Broadwind’s Board approve the 2025 executive incentives?

The Board of Broadwind approved the 2025 executive incentives on March 31, 2026. This decision followed a recommendation from the Compensation Committee and considered pay-for-performance principles along with the company’s desire to retain key executives as they execute the current strategic plan.

Which Broadwind executives are receiving 2025 STIP awards?

Two Broadwind executives are receiving 2025 Short Term Incentive Program awards: President and CEO Eric B. Blashford and Vice President and CFO Thomas A. Ciccone. The Board approved separate discretionary cash amounts for each executive after reviewing performance and retention needs for the leadership team.

What is Broadwind’s Short Term Incentive Program (STIP)?

Broadwind’s Short Term Incentive Program is a compensation plan providing annual incentive payments to executives. For 2025, the Board approved discretionary STIP bonuses for the CEO and CFO, aligning payouts with pay-for-performance ideas and the company’s goal of retaining management during execution of its strategy.

Where will investors find more details on BWEN executive pay?

More details on Broadwind’s executive compensation will appear in the company’s Proxy Statement for the 2026 Annual Meeting of Shareholders. That document is expected to outline broader pay structures, plan terms, and named executive officer compensation beyond the specific 2025 STIP awards described here.

Filing Exhibits & Attachments

4 documents