Management Change/Compensation - Form 8-K

On March 8, 2024, the Compensation Committee of the Board of Directors of RCM Technologies, Inc. (the "Company") approved a grant under the Company's 2014 Omnibus Equity Compensation Plan, as amended and restated, of a maximum of 50,000 performance stock units ("PSUs") to Bradley S. Vizi, the Company's Executive Chairman and President. The number of PSUs that will ultimately be earned and vested shall be determined based on the level of achievement with respect to established levels of EBITDA during a performance period beginning on December 31, 2023 and ending on December 28, 2024. The grant is subject to accelerated vesting in the event of a Change in Control (as defined in the 2014 Plan), or termination as a result of death or disability, prior to the end of the performance period.