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Companies NPK International Inc.

NPK International (NPKI): executive pay, fiscal 2025

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CEO total pay$8,196,160CEO Matthew Lanigan · source
Say-on-pay support95.76%Latest vote · source
CEO vs. named peers99th pct.Of 17 peer CEOs
CEO pay ratio98:1To the median employee · source

CEO pay, last three years

  • $2,976,427FY2023
  • $3,363,323FY2024
  • $8,196,160FY2025

CEO total pay was $8,196,160 in fiscal 2025, up from $3,363,323 in fiscal 2024.

FY2025: salary $754,000 · bonus $0 · stock awards $4,058,537 · option awards $0

Executives and directors

Frequently asked questions

Who was the highest-paid executive at NPK International Inc. in fiscal 2025?
As disclosed, Matthew Lanigan (President and Chief Executive Officer) was the highest-paid executive at NPK International Inc. in fiscal 2025, with total compensation of $8,196,160.
How does NPK International Inc.'s chief executive pay compare to its disclosed peer group?
As disclosed, Matthew Lanigan's total compensation ranked at the 99th percentile of NPK International Inc.'s disclosed peer group.
What is NPK International Inc.'s CEO-to-median employee pay ratio?
As disclosed, NPK International Inc.'s CEO-to-median employee pay ratio was 98:1.
How did shareholders vote on NPK International Inc.'s executive compensation?
As disclosed, 95.76% of shareholders supported NPK International Inc.'s executive compensation in the latest say-on-pay vote.
How much does NPK International Inc. spend in total on board compensation for fiscal 2025?
As disclosed, NPK International Inc. reported total board compensation of $1,439,747 for fiscal 2025.

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 officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Matthew Lanigan$754,000$0$4,058,537$0$3,339,632$0$43,991$8,196,160
President and Chief Executive Officer
Gregg Piontek455,80001,635,61301,403,911039,2863,534,610
Senior Vice President and Chief Financial Officer
Lori Briggs390,0000986,0130948,402037,3312,361,746
Executive Vice President, Business Operations
M. Celeste Frugé365,0790759,2180389,940035,1811,549,418
Vice President, General Counsel, Chief Compliance Officer and Corporate Secretary
Douglas White316,6080252,6550193,239031,534794,036
Former Vice President, Chief Accounting Officer and Treasurer

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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Matthew Lanigan$8,196,160$3,363,323$2,976,427↑ +4,832,837
Gregg Piontek3,534,6102,193,1432,160,605↑ +1,341,467
Lori Briggs2,361,746969,8271,001,567↑ +1,391,919
M. Celeste Frugé1,549,418796,658745,822↑ +752,760
Douglas White794,036785,176—↑ +8,860

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 executive compensation program is designed to maintain market competitiveness, pay for performance by making a significant portion of compensation variable and tied to measurable short- and long-term goals, drive stockholder alignment through equity-based incentives, and encourage good governance by assessing compensation-related risks.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantZayla Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
Equity grants and outstanding awards

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Lori BriggsRSU2025-05-14——51,667—$549,427
M. Celeste FrugéRSU2025-05-14——39,783—423,052
M. Celeste FrugéRSU2025-05-14——39,783—336,166
Matthew LaniganRSU2025-05-14——212,667—1,797,036
Gregg PiontekRSU2025-05-14——85,706—911,397
Gregg PiontekRSU2025-05-14——85,706—724,216
Douglas WhiteRSU2025-05-15——29,900—252,655
Lori BriggsRSU2025-05-14——51,667—436,586
Matthew LaniganRSU2025-05-14——212,667—2,261,501

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Lori Briggs$986,013$0$00.0%
M. Celeste Frugé759,218000.0%
Matthew Lanigan4,058,537000.0%
Gregg Piontek1,635,613000.0%
Douglas White252,655000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Douglas WhiteRSU14,666—$174,819
Douglas WhiteRSU15,866—189,123
M. Celeste FrugéRSU17,274—205,906
M. Celeste FrugéRSU19,482—232,225
Lori BriggsRSU24,340—290,133
Lori BriggsRSU27,452—327,228
Douglas WhiteRSU29,900—356,408
M. Celeste FrugéRSU39,783—474,213
Gregg PiontekRSU40,379—481,318
Gregg PiontekRSU45,538—542,813
Lori BriggsRSU51,667—615,871
M. Celeste FrugéRSU79,566—948,426
Gregg PiontekRSU85,706—1,021,616
Matthew LaniganRSU100,188—1,194,241
Lori BriggsRSU103,334—1,231,742
Matthew LaniganRSU112,997—1,346,924
Gregg PiontekRSU171,412—2,043,232
Matthew LaniganRSU212,667—2,534,991
Matthew LaniganRSU425,334—5,069,982
Director compensation
DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Rose M. RobesonIndependent · Board Chair$130,000$155,002——$0$285,002
Claudia M. MeerIndependent · Audit (Chair) · Compensation · NCG100,000125,003——0225,003
Michael A. LewisIndependent · Audit · Compensation · NCG (Chair)93,750125,003——0218,753
Roderick A. LarsonIndependent · Audit · Compensation (Chair) · NCG90,133125,003——0215,136
Joseph A. CutilloIndependent · Audit · Compensation · NCG84,719125,003——0209,722
John C. MingéIndependent · Audit · Compensation · NCG80,000125,003——0205,003
Donald W. YoungIndependent · Departed during FY48,2500——32,87881,128
Matthew S. LaniganEmployee director—————0

Board fee structure and ownership guideline

Annual cash retainer$80,000
Annual equity retainer$125,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 16,500 / 13,750
Stock ownership guideline$5

Total cost of the board

ComponentFY2025
Cash retainers and fees$626,852
Equity awards (grant-date value)$780,017
All other compensation$32,878
Total cost of the board$1,439,747

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

Peer group, and who names NPK International as a peer

Companies that benchmark against NPKI

6 companies name NPKI as a compensation peer

The list of companies that name NPKI as a peer is temporarily unavailable — recheck shortly.

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

Peer reciprocity

The companies NPK International Inc. names as compensation peers that name it back in their own disclosed peer groups.

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1NPK International Inc.2025Matthew Lanigan$754,000$4,058,537$0$3,339,632$8,196,160
2Dnow, Inc.2025David Cherechinsky999,1734,555,07101,550,5487,118,605
3Matrix Service Company2026John Hewitt800,0003,981,4430291,4786,741,465
4Enerpac Tool Group Corp.2025Paul Sternlieb929,4234,520,6340951,3326,548,272
5Standex International Corporation2026David Dunbar936,4364,135,8190560,4576,407,973
6H&E Equipment Services, Inc.2023Bradley W. Barber907,6923,599,9240—6,295,836
7Columbus McKinnon Corporation2026David Wilson925,0003,111,978925,000925,0005,971,066
8Transcat, Inc.2026Lee Rudow737,0004,613,9320494,1155,862,200
9Global Industrial Company2025Anesa Chaibi826,9231,500,023254,3111,255,0004,413,641
10Myers Industries, Inc.2025Aaron Schapper775,3851,952,344402,500700,0003,889,228
11Civeo Corporation2025Bradley Dodson750,0002,569,4850435,3753,775,348
12Insteel Industries, Inc.2025H.o. Woltz III750,000562,506562,4891,500,0003,447,259
13Ameresco, Inc.2025George Sakellaris1,500,000155,1001,385,99903,339,804
14Limbach Holdings, Inc.2025Michael McCann800,0001,192,1500741,3062,759,456
15Argan, Inc.2026David Watson500,0001,547,26086,50002,668,098
16Custom Truck One Source, Inc.2025Ryan McMonagle850,0001,024,9690495,0402,577,511
17Concrete Pumping Holdings, Inc.2025Bruce Young623,145765,3740301,0001,722,587
—Great Lakes Dredge & Dock Corporation——————not in coverage universe

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.

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
NPK International Inc.not disclosedRSU 50 · PRSU 50not disclosedZayla Partners, LLC
Ameresco, Inc.95%not disclosedNoFW Cook
Argan, Inc.not disclosednot disclosednot disclosednot disclosed
Civeo Corporationnot disclosednot disclosednot disclosedMercer
Columbus McKinnon Corporation100%PSU 50 · RSU 25 · Options 25NoMeridian
Concrete Pumping Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Custom Truck One Source, Inc.not disclosednot disclosednot disclosedFarient Advisors, LLC
Dnow, Inc.not disclosedRSU 50 · PSU 50not disclosedZayla Partners
Enerpac Tool Group Corp.100.7%PSU 60 · RSU 40NoMercer, LLC
Global Industrial Companynot disclosedPRSU 50 · RSU 50not disclosedKorn Ferry, US
Great Lakes Dredge & Dock Corporationnot disclosednot disclosednot disclosednot disclosed
H&E Equipment Services, Inc.not disclosednot disclosednot disclosednot disclosed
Insteel Industries, Inc.not disclosednot disclosednot disclosedPearl Meyer
Limbach Holdings, Inc.not disclosedPRSU 67 · RSU 33not disclosedCAP
Matrix Service Companynot disclosedRSU 50 · PSU 50NoPay Governance
Myers Industries, Inc.not disclosedPSU 50 · RSU 50not disclosedSemler Brossy
Standex International Corporationnot disclosedRSU 50 · PSU 50Yes — Relative TSRMeridian
Transcat, Inc.67%PSU 50 · RSU 50NoFrederic W. Cook & Company, Inc.

Read from each company’s Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company’s filing does not state the item.

Say-on-pay history and pay ratio
Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-2067,786,6453,004,51060,61495.76%Passed
20252025-05-1568,773,2853,802,59253,07394.76%Passed
20242024-05-1660,933,9475,917,17150,77991.08%Passed
20232023-05-1862,733,855447,79788,55399.15%Passed
20222022-05-1964,946,3894,288,413164,32393.58%Passed
20212021-05-2058,842,0212,234,53374,91596.22%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 yearMeeting dateApproval — company’s computation
20262026-05-2095.76%a
20252025-05-1594.76%b
20242024-05-1691.08%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “However, abstentions constitute shares that are present and entitled to vote and will be treated as a vote against.”.

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.

CEO pay ratio

Ratio (CEO : median employee)98 : 1
CEO total compensation$8,196,160
Median employee compensation$83,965
Insider trades since the proxy

No insider equity transactions reported since the proxy statement.

Sources (49 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, Matthew Lanigan. DEF 14A, filed 2026-04-09. Section “Summary Compensation Table” · page 31. As printed: 8,196,160. View filing ↗
  • Section 01, Gregg Piontek. DEF 14A, filed 2026-04-09. Section “Summary Compensation Table” · page 31. As printed: 3,534,610. View filing ↗
  • Section 01, Lori Briggs. DEF 14A, filed 2026-04-09. Section “Summary Compensation Table” · page 31. As printed: 2,361,746. View filing ↗
  • Section 01, M. Celeste Frugé. DEF 14A, filed 2026-04-09. Section “Summary Compensation Table” · page 31. As printed: 1,549,418. View filing ↗
  • Section 01, Douglas White. DEF 14A, filed 2026-04-09. Section “Summary Compensation Table” · page 31. As printed: 794,036. View filing ↗
  • Section 03, Lori Briggs RSU. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, M. Celeste Frugé RSU. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, M. Celeste Frugé RSU. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Matthew Lanigan RSU. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Gregg Piontek RSU. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Gregg Piontek RSU. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Douglas White RSU. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Lori Briggs RSU. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 03, Matthew Lanigan RSU. DEF 14A, filed 2026-04-09. Section “Grants of Plan-Based Awards” · grants of plan-based awards table. View filing ↗
  • Section 07, pay ratio. DEF 14A, filed 2026-04-09. Section “CEO Pay Ratio”. As printed: 98 : 1. View filing ↗
  • Section 08, Rose M. Robeson. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 285,002. View filing ↗
  • Section 08, Claudia M. Meer. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 225,003. View filing ↗
  • Section 08, Michael A. Lewis. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 218,753. View filing ↗
  • Section 08, Roderick A. Larson. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 215,136. View filing ↗
  • Section 08, Joseph A. Cutillo. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 209,722. View filing ↗
  • Section 08, John C. Mingé. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 205,003. View filing ↗
  • Section 08, Donald W. Young. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 81,128. View filing ↗
  • Section 08, Matthew S. Lanigan. DEF 14A, filed 2026-04-09. Section “Director Compensation”. As printed: 0. View filing ↗
  • Section 06, 2026 vote. Form 8-K, filed 2026-05-20. Item 5.07 · say-on-pay result. As reported: 95.76% (votes for as printed: 67,786,645). View filing ↗
  • Section 06, 2025 vote. Form 8-K, filed 2025-05-15. Item 5.07 · say-on-pay result. As reported: 94.76% (votes for as printed: 68,773,285). View filing ↗
  • Section 06, 2024 vote. Form 8-K, filed 2024-05-20. Item 5.07 · say-on-pay result. As reported: 91.08% (votes for as printed: 60,933,947). View filing ↗
  • Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
  • Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
  • Section 09b board cost (computed). Computed. Cash 626,852 + equity 780,017 + all other 32,878 = 1,439,747, summed across the director compensation table rows.
  • NPK International Inc. (subject), Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in NPK International Inc.'s own proxy. As printed: 8,196,160. View filing ↗
  • Dnow, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-09. CEO total compensation as printed in Dnow, Inc.'s own proxy. As printed: 7,118,605. View filing ↗
  • Matrix Service Company, Section 10b CEO total. DEF 14A, filed 2026-09-23. CEO total compensation as printed in Matrix Service Company's own proxy. As printed: 6,741,465. View filing ↗
  • Enerpac Tool Group Corp., Section 10b CEO total. DEF 14A, filed 2025-12-22. CEO total compensation as printed in Enerpac Tool Group Corp.'s own proxy. As printed: 6,548,272. View filing ↗
  • Standex International Corporation, Section 10b CEO total. DEF 14A, filed 2026-09-04. CEO total compensation as printed in Standex International Corporation's own proxy. As printed: 6,407,973. View filing ↗
  • H&E Equipment Services, Inc., Section 10b CEO total. DEF 14A, filed 2024-04-02. CEO total compensation as printed in H&E Equipment Services, Inc.'s own proxy. As printed: 6,295,836. View filing ↗
  • Columbus McKinnon Corporation, Section 10b CEO total. DEF 14A, filed 2026-06-26. CEO total compensation as printed in Columbus McKinnon Corporation's own proxy. As printed: 5,971,066. View filing ↗
  • Transcat, Inc., Section 10b CEO total. DEF 14A, filed 2026-07-23. CEO total compensation as printed in Transcat, Inc.'s own proxy. As printed: 5,862,200. View filing ↗
  • Global Industrial Company, Section 10b CEO total. DEF 14A, filed 2026-04-22. CEO total compensation as printed in Global Industrial Company's own proxy. As printed: 4,413,641. View filing ↗
  • Myers Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-03-13. CEO total compensation as printed in Myers Industries, Inc.'s own proxy. As printed: 3,889,228. View filing ↗
  • Civeo Corporation, Section 10b CEO total. DEF 14A, filed 2026-04-13. CEO total compensation as printed in Civeo Corporation's own proxy. As printed: 3,775,348. View filing ↗
  • Insteel Industries, Inc., Section 10b CEO total. DEF 14A, filed 2026-01-02. CEO total compensation as printed in Insteel Industries, Inc.'s own proxy. As printed: 3,447,259. View filing ↗
  • Ameresco, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Ameresco, Inc.'s own proxy. As printed: 3,339,804. View filing ↗
  • Limbach Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-23. CEO total compensation as printed in Limbach Holdings, Inc.'s own proxy. As printed: 2,759,456. View filing ↗
  • Argan, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-21. CEO total compensation as printed in Argan, Inc.'s own proxy. As printed: 2,668,098. View filing ↗
  • Custom Truck One Source, Inc., Section 10b CEO total. DEF 14A, filed 2026-04-29. CEO total compensation as printed in Custom Truck One Source, Inc.'s own proxy. As printed: 2,577,511. View filing ↗
  • Concrete Pumping Holdings, Inc., Section 10b CEO total. DEF 14A, filed 2026-02-25. CEO total compensation as printed in Concrete Pumping Holdings, Inc.'s own proxy. As printed: 1,722,587. View filing ↗
  • Section 10a, Matrix Service Company reciprocity. DEF 14A. Matrix Service Company names NPK International Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Civeo Corporation reciprocity. DEF 14A. Civeo Corporation names NPK International Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
  • Section 10a, Argan, Inc. reciprocity. DEF 14A. Argan, Inc. names NPK International Inc. in its own disclosed peer group (read from its most recent proxy). View filing ↗
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