Companies BK Technologies Corp
BK Technologies (BKTI): executive pay, fiscal 2025
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CEO pay, last three years
- $2,079,893FY2024
- $3,431,787FY2025
CEO total pay was $3,431,787 in fiscal 2025, up from $2,079,893 in fiscal 2024.
FY2025: salary $392,442 · bonus $3,667 · stock awards $0 · option awards $2,799,998
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| John Suzuki | $392,442 | $3,667 | $0 | $2,799,998 | $221,487 | $0 | $14,193 | $3,431,787 |
| Chief Executive Officer and President | ||||||||
| Scott Malmanger | 287,308 | 0 | 0 | 1,250,012 | 108,000 | 0 | 4,191 | 1,649,511 |
| Chief Financial Officer | ||||||||
| Branko Avanic | 254,153 | 0 | 0 | 0 | 101,229 | 0 | 12,944 | 368,326 |
| Chief Technology Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| John Suzuki | $3,431,787 | $2,079,893 | — | ↑ +1,351,894 |
| Scott Malmanger | 1,649,511 | 1,205,719 | — | ↑ +443,792 |
| Branko Avanic | 368,326 | 641,237 | — | ↓ −272,911 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Company reviews compensation annually for all employees, considering market compensation for comparable positions, individual performance against expectations, the desire to motivate employees to achieve short- and long-term results in the best interests of stockholders, and a long-term commitment to the Company.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Compensation Advisory Partners LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Scott Malmanger | Option | 3,000 | 15.53 | — |
| John Suzuki | Option | 3,400 | 11.65 | — |
| John Suzuki | Option | 6,000 | 15.53 | — |
| Branko Avanic | Option | 8,000 | 12.27 | — |
| Scott Malmanger | Option | 24,000 | 12.27 | — |
| John Suzuki | Option | 40,000 | 12.27 | — |
| Scott Malmanger | Option | 50,175 | 42.81 | — |
| John Suzuki | Option | 112,391 | 42.81 | — |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Charles T. LanktreeIndependent · Audit Committee · Compensation Committee | $90,000 | — | $50,000 | — | — | $140,000 |
| Lloyd R. SamsIndependent · Compensation Committee · Nominating and Governance Committee (Chair) | 90,000 | — | 50,000 | — | — | 140,000 |
| Ellen O. O’HaraIndependent · Strategic M&A (Chair) · Not standing for re-election | 90,000 | — | 50,000 | — | — | 140,000 |
| E. Gray PayneIndependent · Audit Committee (Chair) · Nominating and Governance Committee | 90,000 | — | 50,000 | — | — | 140,000 |
| Joshua S. HorowitzIndependent · Board Chair · Strategic M A Committee (3) | 90,000 | — | 50,000 | — | — | 140,000 |
| R. Joseph JacksonIndependent · Audit Committee · Compensation Committee (Chair) · Strategic M A Committee (3) | 90,000 | — | 50,000 | — | — | 140,000 |
| John M. SuzukiEmployee director · Strategic M A Committee (3) | — | — | — | — | — | 0 |
| Bradley A. StoddardIndependent · Newly elected | — | — | — | — | — | — |
Board fee structure and ownership guideline
| Annual cash retainer | $90,000 |
|---|---|
| Annual equity retainer | $50,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $540,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $540,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names BK Technologies as a peer
Companies that benchmark against BKTI
3 companies name BKTI as a compensation peer
- Clearfield, Inc.CLFDFY2025
- LANTRONIX INCLTRXFY2026
- QUICKLOGIC CorpQUIKFY2026
Each company listed discloses BKTI in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named BKTI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | BK Technologies Corp | 2025 | John Suzuki | $392,442 | $0 | $2,799,998 | $221,487 | $3,431,787 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-18 | 1,696,842 | 853,725 | 12,903 | 66.53% | Passed |
| 2025 | 2025-06-18 | 1,949,731 | 32,490 | 2,633 | 98.36% | Passed |
| 2024 | 2024-06-20 | 1,967,306 | 31,192 | 25,116 | 98.44% | Passed |
| 2023 | 2023-12-14 | 1,535,849 | 185,751 | 22,032 | 89.21% | Passed |
| 2020 | 2020-06-24 | 8,836,176 | 332,507 | 100,194 | 96.37% | Passed |
| 2017 | 2017-06-16 | 11,268,590 | 56,959 | 84,825 | 99.5% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-06-18 | 66.53%a |
| 2025 | 2025-06-18 | 98.36%b |
| 2024 | 2024-06-20 | 98.44%c |
a. Approved under the standard stated in the filing — “Abstentions and broker non-votes, if any, will have no effect on this proposal.”.
b. Approved under the standard stated in the filing — “Abstentions and broker non-votes, if any, will have no effect on this proposal.”.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of the vote.”.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| John M. Suzuki | Director | 2026-06-11 | D | 2,000 | $82 | $163,223 | Common | Form 4 ↗ |
| John M. Suzuki | Director | 2026-06-11 | D | 777 | 85 | 66,045 | Common | Form 4 ↗ |
| John M. Suzuki | Director | 2026-06-12 | D | 223 | 85 | 18,959 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (20 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, John Suzuki. DEF 14A, filed 2026-04-23. Section “Executive Compensation” · page 22. As printed: 3,431,787. View filing ↗
- Section 01, Scott Malmanger. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 1,649,511. View filing ↗
- Section 01, Branko Avanic. DEF 14A, filed 2026-04-23. Section “Executive Compensation”. As printed: 368,326. View filing ↗
- Section 08, Charles T. Lanktree. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, Lloyd R. Sams. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, Ellen O. O’Hara. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, E. Gray Payne. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, Joshua S. Horowitz. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, R. Joseph Jackson. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 140,000. View filing ↗
- Section 08, John M. Suzuki. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Bradley A. Stoddard. DEF 14A, filed 2026-04-23. Section “Director Compensation”. As printed: —. View filing ↗
- Section 02, John M. Suzuki 2026-06-11. Form 4, filed 2026-06-12. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John M. Suzuki 2026-06-11. Form 4, filed 2026-06-12. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, John M. Suzuki 2026-06-12. Form 4, filed 2026-06-12. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-06-18. Item 5.07 · say-on-pay result. As reported: 66.53% (votes for as printed: 1,696,842). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-06-18. Item 5.07 · say-on-pay result. As reported: 98.36% (votes for as printed: 1,949,731). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-06-20. Item 5.07 · say-on-pay result. As reported: 98.44% (votes for as printed: 1,967,306). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 540,000 + equity 0 + all other 0 = 540,000, summed across the director compensation table rows.
- BK Technologies Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in BK Technologies Corp's own proxy. As printed: 3,431,787. View filing ↗