Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-19

Ati Inc (ATI)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$13,512,737
Kimberly Fields total, FY2025
62nd
CEO pay percentile vs peers
123:1
CEO-to-median pay ratio
98.81%
Say-on-pay support, latest vote
Companies that benchmark against ATI
10 companies name ATI as a compensation peer

Each company listed discloses ATI 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 ATI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Kimberly Fields$950,000$0$10,051,700$0$2,295,794$0$215,243$13,512,737
President, CEO and Chair-Elect
Vaishali Bhatia620,000300,0002,637,6070827,117079,6954,464,419
SVP, General Counsel & CCO
Timothy Harris520,00002,405,2420708,271093,7553,727,268
SVP and CDIO
Donald Newman675,00001,803,88301,043,9820139,3893,662,254
Former EVP, Finance and CFO
Robert Wetherbee511,538500,000999,992-3,753220,8722,228,649
Executive Chairman

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 FY20242025
Kimberly Fields$13,512,737$5,891,817+7,620,920
Vaishali Bhatia4,464,4195,440,325−975,906
Timothy Harris3,727,2682,301,5002,244,480+1,425,768
Donald Newman3,662,2543,260,2373,085,153+402,017
Robert Wetherbee2,228,6497,173,7617,670,554−4,945,112

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Vaishali BhatiaPSU2025-12-056,83720,511$1,196,873
Vaishali BhatiaPSU2025-01-037,73515,46930,9381,068,781
Vaishali BhatiaRSU2025-01-036,629371,953
Kimberly FieldsPSU2025-01-0321,83243,66487,3283,016,824
Kimberly FieldsPSU2025-12-0534,188102,5645,984,890
Kimberly FieldsRSU2025-01-0318,7131,049,986
Timothy HarrisRSU2025-01-035,560311,972
Timothy HarrisPSU2025-12-056,83720,5111,196,873
Timothy HarrisPSU2025-01-036,48712,97425,948896,397
Donald NewmanRSU2025-01-038,300465,713
Donald NewmanPSU2025-01-039,68419,36838,7361,338,170
Robert WetherbeeRSU2025-01-0317,822999,992
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Vaishali Bhatia$371,953$2,265,654$085.9%
Kimberly Fields1,049,9869,001,714089.6%
Timothy Harris311,9722,093,270087.0%
Donald Newman465,7131,338,170074.2%
Robert Wetherbee999,992000.0%

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

05

Incentive-plan design — the Compensation Discussion & Analysis

ATI's compensation philosophy focuses on offering competitive base salaries benchmarked against a peer group and providing performance-oriented incentive opportunities linked to stockholder interests. The program balances annual and long-term incentives to drive business strategy, retain essential talent, and align executive pay with sustainable earnings growth and total shareholder return.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners, LLC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-14111,137,2261,335,02388,72598.81%Passed
20252025-05-16124,121,9371,386,178113,63798.9%Passed
20242024-05-16109,066,0341,172,601161,98198.94%Passed
20232023-05-11110,472,902952,966193,93099.14%Passed
20222022-05-1252,877,06144,242,97811,379,23348.73%Failed
20212021-05-20103,087,4651,440,482195,53298.44%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
20262026-05-1498.81%a
20252025-05-1698.9%b
20242024-05-1698.94%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not counted as votes for this proposal and will have no effect.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not counted as votes for this Proposal and will have no effect.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes are not counted as votes for this Item and will have no effect.”.

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.

07

CEO pay ratio

Ratio (CEO : median employee)123 : 1
CEO total compensation
Median employee compensation$109,510
09

Board fee structure and ownership guideline

Annual cash retainer$125,000
Annual equity retainer$125,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 15,000
Stock ownership guideline$4
10

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.

10a

Peer reciprocity

Of the companies Ati Inc names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Ati Inc.

10b

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
1Howmet Aerospace Inc.2025John Plant$1,800,000$62,100,218$0$6,300,000$70,547,718
2Dover Corporation2025Richard Tobin1,387,3858,040,7266,562,519018,757,706
3BWX Technologies, Inc.2025Rex Geveden1,100,0006,736,9285,333,2422,110,00015,742,833
4ITT Inc.2025Luca Savi1,190,38611,073,03302,575,80015,104,378
5The Timken Company2025Lucian Boldea366,66712,004,07101,124,14515,045,651
6Curtiss-Wright Corporation2025Lynn Bamford1,100,0005,720,00005,139,70014,135,280
7Ati Inc2025Kimberly Fields950,00010,051,70002,295,79413,512,737
8Regal Rexnord Corporation2025Louis Pinkham1,223,0777,693,84702,228,45011,468,817
9Spirit AeroSystems Holdings Inc.2024Patrick Shanahan2,000,0008,959,4750011,457,523
10Woodward, Inc.2025Charles Blankenship, Jr.1,177,8875,898,69602,895,10010,482,876
11Carpenter Technology Company2025Tony Thene1,020,1924,500,08002,698,4088,416,878
12Donaldson Company, Inc.2025Tod Carpenter1,095,3852,853,6302,849,9451,325,5448,297,471
13Commercial Metals Company2025Peter Matt1,084,6165,505,80501,322,5308,022,901
14Hexcel Corporation2025Thomas Gentile III1,100,0003,374,9611,685,259923,2307,252,875
15Moog Inc.2025Pat Roche1,087,9323,063,39801,251,6385,598,110
16Materion Corporation2025Jugal Vijayvargiya982,6932,960,100779,92104,794,902
Valmont Industries, Inc.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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Ati Incnot disclosedPSU 70 · RSU 30not disclosedMeridian Compensation Partners, LLC
BWX Technologies, Inc.153.5%PSU 60 · RSU 20 · Options 20NoExequity
Carpenter Technology Companynot disclosednot disclosednot disclosednot disclosed
Commercial Metals Companynot disclosednot disclosednot disclosednot disclosed
Curtiss-Wright Corporation179%PSU 40 · Cash LTI 30 · RSU 30Yes — Three-year relative TSR against the peer groupFrederic W. Cook & Co., Inc.
Donaldson Company, Inc.100.42%PSU 50 · Options 50NoWTW
Dover Corporation121.7%PSU 40 · Options 40 · RSU 20Yes — 3-Year relative TSRMeridian Compensation Partners, LLC
Hexcel Corporation76.3%not disclosedNoSemler Brossy
Howmet Aerospace Inc.200%PRSU 60 · RSU 40Yes — Relative TSRCompensation Advisory Partners LLC (CAP LLC)
ITT Inc.159%PSU 60 · RSU 40Yes — Relative TSRPay Governance
Materion Corporationnot disclosedPSU 75NoFrederic W. Cook & Co., Inc.
Moog Inc.114.0%not disclosedNoKorn Ferry
Regal Rexnord Corporation127.3%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (rTSR)Meridian Compensation Partners
Spirit AeroSystems Holdings Inc.90.81%RSU 50 · PSU 50Yes — Relative TSRMeridian Compensation Partners
The Timken Company81.8%PSU 60 · RSU 40Yes — Relative TSRWillis Towers Watson
Valmont Industries, Inc.94.6%not disclosedNonot disclosed
Woodward, Inc.127%RSU 50 · PSU 50Yes — Total Shareholder Return (TSR) relative to S&P MidCap 400 IndexFW Cook

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.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Kimberly FieldsDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation”. As printed: 13,512,737. Filing ↗machine: r3 · c31 · span 1157620–1157630
2Section 01, Vaishali BhatiaDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation”. As printed: 4,464,419. Filing ↗machine: r14 · c31 · span 1173953–1173962
3Section 01, Timothy HarrisDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation”. As printed: 3,727,268. Filing ↗machine: r18 · c31 · span 1179902–1179911
4Section 01, Donald NewmanDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation”. As printed: 3,662,254. Filing ↗machine: r9 · c31 · span 1166018–1166027
5Section 01, Robert WetherbeeDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation”. As printed: 2,228,649. Filing ↗
6Section 03, Vaishali Bhatia PSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, Vaishali Bhatia PSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1275462–1275471
8Section 03, Vaishali Bhatia RSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1279333–1279340
9Section 03, Kimberly Fields PSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1242257–1242266
10Section 03, Kimberly Fields PSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1239526–1239535
11Section 03, Kimberly Fields RSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1246129–1246138
12Section 03, Timothy Harris RSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1297290–1297297
13Section 03, Timothy Harris PSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
14Section 03, Timothy Harris PSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1293421–1293428
15Section 03, Donald Newman RSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1261372–1261379
16Section 03, Donald Newman PSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1257501–1257510
17Section 03, Robert Wetherbee RSUDEF 14A2026-03-240001193125-26-121340Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
18Section 07, pay ratioDEF 14A2026-03-240001193125-26-121340Section “CEO Pay Ratio”. As printed: 123 : 1. Filing ↗machine: span 1658781–1658784
19Section 06, 2026 voteForm 8-K2026-05-190001193125-26-230739Item 5.07 · say-on-pay result. As reported: 98.81% (votes for as printed: 111,137,226). Filing ↗
20Section 06, 2025 voteForm 8-K2025-05-210001193125-25-123974Item 5.07 · say-on-pay result. As reported: 98.9% (votes for as printed: 124,121,937). Filing ↗
21Section 06, 2024 voteForm 8-K2024-05-200001193125-24-142966Item 5.07 · say-on-pay result. As reported: 98.94% (votes for as printed: 109,066,034). Filing ↗
22Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
23Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
24Howmet Aerospace Inc., Section 10b CEO totalDEF 14A2026-04-060001104659-26-039940CEO total compensation as printed in Howmet Aerospace Inc.'s own proxy. As printed: 70,547,718. Filing ↗machine: r2 · c54 · span 1643791–1643801
25Dover Corporation, Section 10b CEO totalDEF 14A2026-03-240001193125-26-120708CEO total compensation as printed in Dover Corporation's own proxy. As printed: 18,757,706. Filing ↗machine: t263 · r2 · c35 · span 813120–813130
26BWX Technologies, Inc., Section 10b CEO totalDEF 14A2026-03-180001486957-26-000021CEO total compensation as printed in BWX Technologies, Inc.'s own proxy. As printed: 15,742,833. Filing ↗machine: span 897711–897721
27ITT Inc., Section 10b CEO totalDEF 14A2026-04-030001104659-26-039451CEO total compensation as printed in ITT Inc.'s own proxy. As printed: 15,104,378. Filing ↗machine: span 1545967–1545977
28The Timken Company, Section 10b CEO totalDEF 14A2026-03-170001206774-26-000141CEO total compensation as printed in The Timken Company's own proxy. As printed: 15,045,651. Filing ↗machine: r1 · c8 · span 747487–747498
29Curtiss-Wright Corporation, Section 10b CEO totalDEF 14A2026-03-260000930413-26-000878CEO total compensation as printed in Curtiss-Wright Corporation's own proxy. As printed: 14,135,280. Filing ↗machine: t229 · r3 · c41 · span 584197–584207
30Ati Inc (subject), Section 10b CEO totalDEF 14A2026-03-240001193125-26-121340CEO total compensation as printed in Ati Inc's own proxy. As printed: 13,512,737. Filing ↗machine: r3 · c31 · span 1157620–1157630
31Regal Rexnord Corporation, Section 10b CEO totalDEF 14A2026-03-180000082811-26-000085CEO total compensation as printed in Regal Rexnord Corporation's own proxy. As printed: 11,468,817. Filing ↗machine: r2 · c27 · span 915928–915938
32Spirit AeroSystems Holdings Inc., Section 10b CEO totalDEF 14A2025-04-230001140361-25-015209CEO total compensation as printed in Spirit AeroSystems Holdings Inc.'s own proxy. As printed: 11,457,523. Filing ↗machine: t143 · r2 · c21 · span 1003071–1003081
33Woodward, Inc., Section 10b CEO totalDEF 14A2025-12-120001193125-25-317453CEO total compensation as printed in Woodward, Inc.'s own proxy. As printed: 10,482,876. Filing ↗machine: t94 · r2 · c36 · span 1702439–1702449
34Carpenter Technology Company, Section 10b CEO totalDEF 14A2025-09-120001193125-25-202215CEO total compensation as printed in Carpenter Technology Company's own proxy. As printed: 8,416,878. Filing ↗machine: r6 · c33 · span 2594412–2594421
35Donaldson Company, Inc., Section 10b CEO totalDEF 14A2025-10-060000029644-25-000120CEO total compensation as printed in Donaldson Company, Inc.'s own proxy. As printed: 8,297,471. Filing ↗machine: r2 · c24 · span 602669–602678
36Commercial Metals Company, Section 10b CEO totalDEF 14A2025-11-250001193125-25-294507CEO total compensation as printed in Commercial Metals Company's own proxy. As printed: 8,022,901. Filing ↗machine: span 1941989–1941998
37Hexcel Corporation, Section 10b CEO totalDEF 14A2026-04-010001193125-26-135884CEO total compensation as printed in Hexcel Corporation's own proxy. As printed: 7,252,875. Filing ↗machine: t152 · r2 · c40 · span 2524687–2524696
38Moog Inc., Section 10b CEO totalDEF 14A2025-12-190000067887-25-000136CEO total compensation as printed in Moog Inc.'s own proxy. As printed: 5,598,110. Filing ↗machine: t25 · r2 · c24 · span 509232–509241
39Materion Corporation, Section 10b CEO totalDEF 14A2026-03-260001104657-26-000022CEO total compensation as printed in Materion Corporation's own proxy. As printed: 4,794,902. Filing ↗machine: r2 · c51 · span 477569–477578
40Section 10a, Hexcel Corporation reciprocityDEF 14A0001193125-26-135884Hexcel Corporation names Ati Inc in its own disclosed peer group (read from its most recent proxy). Filing ↗
41Section 10a, Howmet Aerospace Inc. reciprocityDEF 14A0001104659-26-039940Howmet Aerospace Inc.'s most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
42Section 10a, Valmont Industries, Inc. reciprocityDEF 14A0001104659-26-026141Valmont Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
43Section 10a, BWX Technologies, Inc. reciprocityDEF 14A0001486957-26-000021BWX Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
44Section 10a, Woodward, Inc. reciprocityDEF 14A0001193125-25-317453Woodward, Inc.'s most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
45Section 10a, Spirit AeroSystems Holdings Inc. reciprocityDEF 14A0001140361-25-015209Spirit AeroSystems Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
46Section 10a, Dover Corporation reciprocityDEF 14A0001193125-26-120708Dover Corporation's most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
47Section 10a, Curtiss-Wright Corporation reciprocityDEF 14A0000930413-26-000878Curtiss-Wright Corporation's most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
48Section 10a, ITT Inc. reciprocityDEF 14A0001104659-26-039451ITT Inc.'s most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
49Section 10a, Materion Corporation reciprocityDEF 14A0001104657-26-000022Materion Corporation's most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
50Section 10a, The Timken Company reciprocityDEF 14A0001206774-26-000141The Timken Company's most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
51Section 10a, Donaldson Company, Inc. reciprocityDEF 14A0000029644-25-000120Donaldson Company, Inc.'s most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
52Section 10a, Moog Inc. reciprocityDEF 14A0000067887-25-000136Moog Inc.'s most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
53Section 10a, Carpenter Technology Company reciprocityDEF 14A0001193125-25-202215Carpenter Technology Company's most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗
54Section 10a, Regal Rexnord Corporation reciprocityDEF 14A0000082811-26-000085Regal Rexnord Corporation's most recent proxy was read; its disclosed peer group does not include Ati Inc. Filing ↗