Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-02

Atkore (ATKR)

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.

$8,692,232
William Waltz Jr. total, FY2025
30th
CEO pay percentile vs peers
167:1
CEO-to-median pay ratio
96%
Say-on-pay support, latest vote
Companies that benchmark against ATKR
5 companies name ATKR as a compensation peer

Each company listed discloses ATKR 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 ATKR 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
William Waltz Jr.$1,100,000$0$6,599,894$0$856,940$0$135,398$8,692,232
President & Chief Executive Officer
John Pregenzer603,84601,999,9440333,740068,7523,006,282
BU President, Electrical
Mark Lamps546,92301,300,0020290,076055,6082,192,609
BU President, Safety & Infrastructure
John Deitzer525,76901,200,0270276,233031,2502,033,279
Vice President & Chief Financial Officer
Daniel Kelly546,1540999,9730266,789057,3931,870,309
Vice President, General Counsel & Corporate Secretary

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
William Waltz Jr.$8,692,232$8,031,015$6,938,256+661,217
John Pregenzer3,006,2822,017,7481,827,905+988,534
Mark Lamps2,192,6091,798,6641,635,384+393,945
John Deitzer2,033,279763,864+1,269,415
Daniel Kelly1,870,3091,653,8651,520,915+216,444

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
John DeitzerPSU2024-11-183,4286,85613,712$720,017
John DeitzerRSU2024-11-185,459480,010
Daniel KellyRSU2024-11-184,549399,994
Daniel KellyPSU2024-11-182,8575,71311,426599,979
John PregenzerRSU2025-02-017,367599,968
Mark LampsPSU2024-11-183,7147,42714,854779,984
Mark LampsRSU2024-11-185,914520,018
John PregenzerPSU2024-11-183,9997,99815,996839,950
John PregenzerRSU2024-11-186,369560,026
William Waltz Jr.PSU2024-11-1818,85337,70675,4123,959,884
William Waltz Jr.RSU2024-11-1830,0242,640,010
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
John Deitzer$480,010$720,017$060.0%
Daniel Kelly399,994599,979060.0%
John Pregenzer1,159,994839,950042.0%
Mark Lamps520,018779,984060.0%
William Waltz Jr.2,640,0103,959,884060.0%

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

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
William Waltz Jr.RSU76,887$4,823,902
John PregenzerRSU16,3091,023,221
William Waltz Jr.RSU48,9163,068,990
Mark LampsRSU15,145950,170
William Waltz Jr.RSU30,6111,920,554
John DeitzerRSU13,980877,120
John PregenzerRSU9,784613,848
William Waltz Jr.RSU12,587789,708
Daniel KellyRSU65340,984
Daniel KellyRSU11,650730,890
John DeitzerRSU47229,642
Mark LampsRSU8,969562,715
William Waltz Jr.Option7,708101.66
John PregenzerRSU7,484469,559
John PregenzerRSU6,494407,408
Daniel KellyRSU6,931434,851
Mark LampsRSU6,030378,303
John DeitzerRSU5,566349,198
Mark LampsRSU75847,556
Daniel KellyRSU4,638290,987
William Waltz Jr.RSU4,210264,138
John DeitzerRSU1,22476,794
John PregenzerRSU2,517157,942
Mark LampsRSU2,308144,796
Daniel KellyRSU1,783111,867
John DeitzerRSU30319,010
John PregenzerRSU84252,840
Mark LampsOption1,388101.66
Daniel KellyOption1,195101.66
John PregenzerOption1,542101.66
05

Incentive-plan design — the Compensation Discussion & Analysis

The compensation program is designed to reward performance and align executive interests with stockholders by targeting total compensation at the median of the business markets in which the company participates. It emphasizes a pay-for-performance model where a significant portion of compensation is at-risk and tied to corporate, business unit, and individual performance metrics such as Adjusted EBITDA, working capital, and net income.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantFW Cook
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
2026600,00096%Passed
20252025-01-3027,180,9491,118,17822,06596.05%Passed
20242024-01-3029,794,4231,867,83467,32694.1%Passed
20232023-01-2732,719,7281,852,46068,55794.64%Passed
20222022-01-2737,177,4162,140,85553,90494.56%Passed
20212021-01-2840,109,0941,026,759399,09597.5%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 yearMeeting dateApproval — company's computation
202696%a
20252025-01-3096.05%b
20242024-01-3094.1%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

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)167 : 1
CEO total compensation
Median employee compensation$52,030
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Michael V. SchrockIndependent · Executive (Chair)$250,000$150,008$2,076$402,084
Jeri L. IsbellIndependent · HR Compensation · Nominating Governance (Chair) · Executive115,000150,00834,297299,305
Justin A. KershawIndependent · Audit · HR Compensation (Chair) · Executive115,000150,00822,813287,821
Betty R. WynnIndependent · Audit · Nominating Governance120,000150,00814,784284,792
Scott H. MuseIndependent · Audit · Nominating Governance100,000150,00831,834281,842
Wilbert W. JamesIndependent · Audit · Nominating Governance100,000150,00820,847270,855
A. Mark ZeffiroIndependent · Audit (Chair) · HR Compensation · Executive100,000150,00816,525266,533
B. Joanne EdwardsIndependent · HR Compensation · Nominating Governance100,000150,0083,028253,036
09

Board fee structure and ownership guideline

Annual cash retainer
Annual equity retainer
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,000,000
Equity awards (grant-date value)$1,200,064
All other compensation$146,204
Total cost of the board$2,346,268

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

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 Atkore 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 Atkore.

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
1EnerSys2026David Shaffer$154,015$7,704,816$5,988,878$258,798$14,288,481
2Acuity Brands, Inc.2025Neil Ashe1,000,0008,576,92801,512,00012,500,683
3Carlisle Companies Incorporated2025D. Christian Koch1,493,0006,376,9292,612,603011,359,438
4Flowserve Corporation2025R. Scott Rowe1,236,5387,245,11401,901,25010,914,232
5Crane Holdings, Co.2025Max Mitchell1,244,2315,480,7381,562,5061,840,20010,518,852
6Hubbell Inc.2025Gerben Bakker1,146,9235,526,1001,838,7541,330,60010,346,752
7Generac Holdings2025Aaron Jagdfeld1,090,5485,250,1851,750,006683,2868,809,765
8Atkore2025William Waltz Jr.1,100,0006,599,8940856,9408,692,232
9Lennox International Inc.2025Alok Maskara1,176,2504,500,4961,149,8801,329,6048,434,155
10JELD-WEN Holdings, Inc.2025William Christensen1,100,0002,300,8902,284,066621,4736,283,343
11A.O. Smith Corporation2025Stephen Shafer965,7502,678,04401,068,0004,960,450

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
Atkorenot disclosedPSU 60 · RSU 40not disclosedFW Cook
A.O. Smith Corporation98.3%RSU 50 · Cash LTI 35 · PSU 15NoWillis Towers Watson (WTW)
Acuity Brands, Inc.not disclosednot disclosednot disclosednot disclosed
Carlisle Companies Incorporatednot disclosedPSU 33 · RSU 33 · Options 33NoWillis Towers Watson
Crane Holdings, Co.122.7%PSU 55 · Options 25 · RSU 20NoFW Cook
EnerSys141.5%Options 50 · RSU 50not disclosedFrederic W. Cook & Co., Inc.
Flowserve Corporation117%not disclosedNoF.W. Cook
Generac Holdings46%PSU 50 · RSU 25 · Options 25NoPay Governance
Hubbell Inc.not disclosednot disclosednot disclosedExequity LLP
JELD-WEN Holdings, Inc.42%PSU 50 · RSU 25 · Options 25NoPay Governance
Lennox International Inc.90%PSU 50 · RSU 30 · Options 20NoMeridian Compensation Partners

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, William Waltz Jr.DEF 14A2025-12-120001666138-25-000204Section “Executive Compensation Tables” · page 39. As printed: 8,692,232. Filing ↗machine: r2 · c42 · span 524931–524940
2Section 01, John PregenzerDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation Tables” · page 39. As printed: 3,006,282. Filing ↗machine: r14 · c42 · span 555547–555556
3Section 01, Mark LampsDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation Tables” · page 39. As printed: 2,192,609. Filing ↗machine: r11 · c42 · span 547754–547763
4Section 01, John DeitzerDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation Tables” · page 39. As printed: 2,033,279. Filing ↗machine: r5 · c42 · span 533318–533327
5Section 01, Daniel KellyDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation Tables” · page 39. As printed: 1,870,309. Filing ↗machine: r8 · c42 · span 539401–539410
6Section 03, John Deitzer PSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 630590–630598
7Section 03, John Deitzer RSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 632053–632061
8Section 03, Daniel Kelly RSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 639319–639327
9Section 03, Daniel Kelly PSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 637170–637178
10Section 03, John Pregenzer RSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 654173–654181
11Section 03, Mark Lamps PSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 643209–643217
12Section 03, Mark Lamps RSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 644758–644766
13Section 03, John Pregenzer PSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 649877–649885
14Section 03, John Pregenzer RSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 652026–652034
15Section 03, William Waltz Jr. PSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 624715–624725
16Section 03, William Waltz Jr. RSUDEF 14A2025-12-120001666138-25-000204Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 626867–626877
17Section 07, pay ratioDEF 14A2025-12-120001666138-25-000204Section “CEO Pay Ratio”. As printed: 167 : 1. Filing ↗
18Section 08, Michael V. SchrockDEF 14A2025-12-120001666138-25-000204Section “Director Compensation”. As printed: 402,084. Filing ↗machine: span 211015–211378
19Section 08, Jeri L. IsbellDEF 14A2025-12-120001666138-25-000204Section “Director Compensation”. As printed: 299,305. Filing ↗machine: span 214993–215298
20Section 08, Justin A. KershawDEF 14A2025-12-120001666138-25-000204Section “Director Compensation”. As printed: 287,821. Filing ↗machine: span 220843–221148
21Section 08, Betty R. WynnDEF 14A2025-12-120001666138-25-000204Section “Director Compensation”. As printed: 284,792. Filing ↗machine: span 224750–225055
22Section 08, Scott H. MuseDEF 14A2025-12-120001666138-25-000204Section “Director Compensation”. As printed: 281,842. Filing ↗machine: span 218895–219200
23Section 08, Wilbert W. JamesDEF 14A2025-12-120001666138-25-000204Section “Director Compensation”. As printed: 270,855. Filing ↗machine: span 222795–223100
24Section 08, A. Mark ZeffiroDEF 14A2025-12-120001666138-25-000204Section “Director Compensation”. As printed: 266,533. Filing ↗machine: span 213048–213353
25Section 08, B. Joanne EdwardsDEF 14A2025-12-120001666138-25-000204Section “Director Compensation”. As printed: 253,036. Filing ↗machine: span 216951–217256
26Section 06, 2026 voteForm 8-K2025-12-120001666138-25-000204Item 5.07 · say-on-pay result. As reported: 96%. Filing ↗
27Section 06, 2025 voteForm 8-K2025-01-310001666138-25-000007Item 5.07 · say-on-pay result. As reported: 96.05% (votes for as printed: 27,180,949). Filing ↗
28Section 06, 2024 voteForm 8-K2024-01-310001666138-24-000002Item 5.07 · say-on-pay result. As reported: 94.1% (votes for as printed: 29,794,423). Filing ↗
29Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
30Section 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
31Section 09b board cost (computed)ComputedcomputedCash 1,000,000 + equity 1,200,064 + all other 146,204 = 2,346,268, summed across the director compensation table rows.machine: formula: Σ = 2,346,268
32EnerSys, Section 10b CEO totalDEF 14A2026-07-020001193125-26-294512CEO total compensation as printed in EnerSys's own proxy. As printed: 14,288,481. Filing ↗machine: span 742207–742217
33Acuity Brands, Inc., Section 10b CEO totalDEF 14A2025-12-110001144215-25-000104CEO total compensation as printed in Acuity Brands, Inc.'s own proxy. As printed: 12,500,683. Filing ↗machine: r2 · c9 · span 2733631–2733641
34Carlisle Companies Incorporated, Section 10b CEO totalDEF 14A2026-03-170001193125-26-109193CEO total compensation as printed in Carlisle Companies Incorporated's own proxy. As printed: 11,359,438. Filing ↗machine: t108 · r2 · c44 · span 570250–570260
35Flowserve Corporation, Section 10b CEO totalDEF 14A2026-04-020001628280-26-022933CEO total compensation as printed in Flowserve Corporation's own proxy. As printed: 10,914,232. Filing ↗machine: r2 · c8 · span 2203312–2203322
36Crane Holdings, Co., Section 10b CEO totalDEF 14A2026-03-130001193125-26-105005CEO total compensation as printed in Crane Holdings, Co.'s own proxy. As printed: 10,518,852. Filing ↗machine: r3 · c35 · span 842112–842122
37Hubbell Inc., Section 10b CEO totalDEF 14A2026-03-230001308179-26-000121CEO total compensation as printed in Hubbell Inc.'s own proxy. As printed: 10,346,752. Filing ↗
38Generac Holdings, Section 10b CEO totalDEF 14A2026-04-290001104659-26-051499CEO total compensation as printed in Generac Holdings's own proxy. As printed: 8,809,765. Filing ↗machine: r1 · c48 · span 700297–700306
39Atkore (subject), Section 10b CEO totalDEF 14A2025-12-120001666138-25-000204CEO total compensation as printed in Atkore's own proxy. As printed: 8,692,232. Filing ↗machine: r2 · c42 · span 524931–524940
40Lennox International Inc., Section 10b CEO totalDEF 14A2026-04-080001069202-26-000046CEO total compensation as printed in Lennox International Inc.'s own proxy. As printed: 8,434,155. Filing ↗machine: r3 · c27 · span 747666–747675
41JELD-WEN Holdings, Inc., Section 10b CEO totalDEF 14A2026-03-120001674335-26-000050CEO total compensation as printed in JELD-WEN Holdings, Inc.'s own proxy. As printed: 6,283,343. Filing ↗machine: r4 · c10 · span 2108366–2108376
42A.O. Smith Corporation, Section 10b CEO totalDEF 14A2026-03-040001193125-26-089938CEO total compensation as printed in A.O. Smith Corporation's own proxy. As printed: 4,960,450. Filing ↗machine: t139 · r3 · c44 · span 652859–652868
43Section 10a, Flowserve Corporation reciprocityDEF 14A0001628280-26-022933Flowserve Corporation's most recent proxy was read; its disclosed peer group does not include Atkore. Filing ↗
44Section 10a, Lennox International Inc. reciprocityDEF 14A0001069202-26-000046Lennox International Inc.'s most recent proxy was read; its disclosed peer group does not include Atkore. Filing ↗
45Section 10a, Generac Holdings reciprocityDEF 14A0001104659-26-051499Generac Holdings's most recent proxy was read; its disclosed peer group does not include Atkore. Filing ↗
46Section 10a, Crane Holdings, Co. reciprocityDEF 14A0001193125-26-105005Crane Holdings, Co.'s most recent proxy was read; its disclosed peer group does not include Atkore. Filing ↗
47Section 10a, EnerSys reciprocityDEF 14A0001193125-26-294512EnerSys names Atkore in its own disclosed peer group (read from its most recent proxy). Filing ↗
48Section 10a, JELD-WEN Holdings, Inc. reciprocityDEF 14A0001674335-26-000050JELD-WEN Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Atkore. Filing ↗
49Section 10a, Hubbell Inc. reciprocityDEF 14A0001308179-26-000121Hubbell Inc.'s most recent proxy was read; its disclosed peer group does not include Atkore. Filing ↗