Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-03

EMCOR Group (EME)

CEO Anthony Guzzi was paid $14,380,630 in fiscal year 2025, ↑ up 3.0% from fiscal year 2024, the 77th percentile of its disclosed peer group (SEC filing 0001140361-26-015809 ↗): 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.

$14,380,630 ↑
Anthony Guzzi total, FY2025
77th
CEO pay percentile vs peers
164:1
CEO-to-median pay ratio
86.94%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Anthony Guzzi (Chairman, President and Chief Executive Officer), FY2025 total compensation $14,380,630 (base salary $1,325,000) [exec_comp, SEC accession 0001140361-26-015809, filed 2026-04-21]

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EME's next annual pay disclosure, estimated April 19, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Anthony Guzzi$1,325,000$0$3,505,903$0$9,375,000$0$174,727$14,380,630
Chairman, President and Chief Executive Officer
Maxine Mauricio650,0000787,12402,614,7500127,3164,179,190
Executive Vice President, General Counsel, Chief Administrative Officer and Corporate Secretary
Jason Nalbandian600,0000624,20701,865,000086,2633,175,470
Senior Vice President, Chief Financial Officer and Chief Accounting 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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Anthony Guzzi$14,380,630$13,959,058$11,823,005↑ +421,572
Maxine Mauricio4,179,1905,900,1844,134,016↓ −1,720,994
Jason Nalbandian3,175,4704,633,7182,442,246↓ −1,458,248

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

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Companies that benchmark against EME
23 companies name EME as a compensation peer

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

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Anthony GuzziCEO$14,380,630
Maxine MauricioGeneral Counsel$4,179,190
Jason NalbandianCFO$3,175,470
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Amy E. DahlIndependent Director$293,500
Carol P. LoweIndependent Director$315,000
John W. AltmeyerIndependent Director$310,000
M. Kevin McEvoyLead Independent Director$358,000
Pat RocheIndependent Director$120,000
Robin Walker-LeeIndependent Director$310,000
Ronald L. JohnsonIndependent Director$295,000
Steven B. SchwarzwaelderIndependent Director$296,000
William P. ReidIndependent Director$297,000
02

Equity transactions since the proxy statement was filed

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.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Anthony GuzziDirector2026-04-30A13$0$0CommonForm 4 ↗
Maxine MauricioCAO, EVP & General Counsel2026-04-30A400CommonForm 4 ↗
Jason NalbandianSVP, Chief Acct Officer & CFO2026-04-30A400CommonForm 4 ↗
Jason NalbandianSVP, CFO, Chief Acct. Officer2026-04-30D800856685,144CommonForm 4 ↗
Robert Peter LindVP and Controller2026-04-30D675894603,632CommonForm 4 ↗
Anthony GuzziDirector2026-04-30D3,00000CommonForm 4 ↗
John W. AltmeyerDirector2026-04-30A200CommonForm 4 ↗
William P. ReidDirector2026-04-30A100CommonForm 4 ↗
Steven B. SchwarzwaelderDirector2026-04-30D5,6028955,014,854CommonForm 4 ↗
John W. AltmeyerDirector2026-05-01D2,5008952,237,500CommonForm 4 ↗
William P. ReidDirector2026-05-11D2,0009261,851,560CommonForm 4 ↗
John W. AltmeyerDirector2026-06-04A30400CommonForm 4 ↗
Amy E. DahlDirector2026-06-04A23000CommonForm 4 ↗
Ronald L. JohnsonDirector2026-06-04A23000CommonForm 4 ↗
Carol P. LoweDirector2026-06-04A30400CommonForm 4 ↗
M. Kevin McEvoyDirector2026-06-04A23000CommonForm 4 ↗
Pat RocheDirector2026-06-04A30400CommonForm 4 ↗
Robin Walker-LeeDirector2026-06-04A23000CommonForm 4 ↗
Steven B. SchwarzwaelderDirector2026-06-04A23000CommonForm 4 ↗
Carol P. LoweDirector2026-06-17D950845802,275CommonForm 4 ↗
Jason NalbandianSVP, Chief Acct Officer & CFO2026-07-31A400CommonForm 4 ↗
John W. AltmeyerDirector2026-07-31A300CommonForm 4 ↗
Maxine MauricioCAO, EVP & General Counsel2026-07-31A400CommonForm 4 ↗
Anthony GuzziDirector2026-07-31A1300CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jason NalbandianRSU2025-01-02——1,364—$624,207
Anthony GuzziRSU2025-01-02——7,661—3,505,903
Maxine MauricioRSU2025-01-02——1,720—787,124
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jason Nalbandian$624,207$0$00.0%
Anthony Guzzi3,505,903000.0%
Maxine Mauricio787,124000.0%

% 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
Jason NalbandianRSU3,011—$1,842,100
Maxine MauricioRSU2,504—1,531,922
Anthony GuzziRSU16,031—9,807,605
Anthony GuzziRSU7,673—4,694,265
Jason NalbandianRSU2,616—1,600,443
Anthony GuzziRSU18,355—11,229,405
Maxine MauricioRSU2,502—1,530,699
Jason NalbandianRSU1,574—962,957
Jason NalbandianRSU1,364—834,482
Maxine MauricioRSU3,011—1,842,100
Jason NalbandianRSU2,502—1,530,699
Jason NalbandianRSU2,504—1,531,922
Maxine MauricioRSU1,721—1,052,891
Maxine MauricioRSU4,124—2,523,022
Maxine MauricioRSU3,490—2,135,147
05

Incentive-plan design — the Compensation Discussion & Analysis

We intend annual base salary and perquisites to reward the expertise, experience and sustained performance of our named executive officers, each of whom has been with us for more than ten years. Base salaries are reviewed annually, and we have generally increased named executive officer salaries to reflect promotions or increased responsibilities and cost of living increases, when appropriate, and to remain competitive with base salaries paid by the Comparator Companies.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)—
Independent consultantMercer
Clawback policytrue
Anti-hedging—
Anti-pledging—
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-0432,437,8354,870,81452,90086.94%Passed
20252025-06-0534,723,9733,611,57350,92590.58%Passed
20242024-06-0637,347,0733,559,67964,11891.3%Passed
20232023-06-0839,994,3022,919,29673,23093.04%Passed
20222022-06-0242,710,2303,988,00598,42291.46%Passed
20212021-06-1045,652,2533,575,013423,91392.74%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
20262026-06-0486.94%a
20252025-06-0590.58%b
20242024-06-0691.3%c

a. Approved under the standard stated in the filing — “An abstention on item 1 will have no effect on the voting results for item 1.”.

b. Approved under the standard stated in the filing — “An abstention on item 1 will have no effect on the voting results for item 1.”.

c. Approved under the standard stated in the filing — “An abstention on item 1 will have no effect on the voting results for item 1.”.

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)164 : 1
CEO total compensation$14,380,630
Median employee compensation$87,632
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
M. Kevin McEvoyIndependent · Lead Independent Director · Audit · Compensation · Corporate Governance$178,000$180,000$0—$0$358,000
Carol P. LoweIndependent · Audit (Chair)135,000180,0000—0315,000
Robin Walker-LeeIndependent · Corporate Governance (Chair)130,000180,0000—0310,000
John W. AltmeyerIndependent · Compensation (Chair)130,000180,0000—0310,000
William P. ReidIndependent · Audit · Not standing for re-election117,000180,0000—0297,000
Steven B. SchwarzwaelderIndependent · Compensation116,000180,0000—0296,000
Ronald L. JohnsonIndependent · Corporate Governance115,000180,0000—0295,000
Amy E. DahlIndependent · Audit113,500180,0000—0293,500
Pat RocheIndependent · Partial-year service · Newly elected0120,0000—0120,000
Anthony J. GuzziEmployee director · Board Chair000—00
09

Board fee structure and ownership guideline

Annual cash retainer$110,000
Annual equity retainer$180,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)25,000 / 20,000 / 20,000
Stock ownership guideline$425,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,034,500
Equity awards (grant-date value)$1,560,000
All other compensation$0
Total cost of the board$2,594,500

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 EMCOR Group 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 EMCOR Group.

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
1Trane Technologies Plc2025David Regnery$1,512,500$8,900,397$5,700,010$2,831,173$27,262,157
2Vertiv Holdings Co2025Giordano Albertazzi1,245,385013,040,0004,000,00018,311,719
3Quanta Services, Inc.2025Earl Austin1,406,25011,050,34502,710,35015,699,684
4EMCOR Group2025Anthony Guzzi1,325,0003,505,90309,375,00014,380,630
5Ferguson Enterprises Inc.2025Kevin Murphy1,457,3467,808,1861,927,6402,632,81814,137,493
6Jacobs Solutions, Inc.2025Robert Pragada1,350,00010,970,07101,676,59514,038,363
7WESCO International, Inc.2025John Engel1,412,1657,112,9362,275,0291,362,55012,308,746
8United Rentals, Inc.2025Matthew Flannery1,187,6719,080,47401,767,65612,057,571
9KBR, Inc.2025Stuart Bradie1,310,3084,879,03405,227,13211,614,552
10MasTec, Inc.2025Jose Mas1,250,0008,000,00002,250,00011,544,386
11Comfort Systems USA, Inc.2025Brian Lane1,250,0006,249,812—3,096,12510,620,815
12APi Group Corporation2025Russell Becker1,425,0006,412,52102,527,59410,450,517
13Lennox International Inc.2025Alok Maskara1,176,2504,500,4961,149,8801,329,6048,434,155
14Fluor Corporation2025James Breuer1,071,6892,744,569593,7621,330,3006,873,013
—Watsco, 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
EMCOR Group300%RSU 50 · Cash LTI 50NoMercer
APi Group Corporation141.9%PSU 60 · RSU 40NoWTW
Comfort Systems USA, Inc.200%PSU 50 · RSU 50NoWillis Towers Watson
Ferguson Enterprises Inc.not disclosedPSU 50 · RSU 30 · Option 20not disclosedMeridian Compensation Partners, LLC
Fluor Corporation93%Performance Awards 50 · RSU 35 · Option 15Yes — Relative TSRnot disclosed
Jacobs Solutions, Inc.98.7%PSU 60 · RSU 40NoFarient Advisors
KBR, Inc.113.1%PSU 66 · RSU 33Yes — Relative Total Stockholder Return (TSR)Meridian Compensation Partners, LLC
Lennox International Inc.90%PSU 50 · RSU 30 · Options 20NoMeridian Compensation Partners
MasTec, Inc.not disclosedRSU 100not disclosedMeridian
Quanta Services, Inc.126.8%PSU 60 · RSU 40NoFrederick W. Cook & Co., Inc.
Trane Technologies Plc109.21%PSU 50 · Options 40 · RSU 10Yes — Relative TSRMeridian Compensation Partners, LLC
United Rentals, Inc.99.2%PSU 80 · RSU 20NoPearl Meyer & Partners, LLC
Vertiv Holdings Co135%Options 100Nonot disclosed
Watsco, Inc.not disclosednot disclosednot disclosednot disclosed
WESCO International, Inc.not disclosednot disclosedYes — Relative Total Stockholder Return (TSR) ModifierMeridian Compensation Partners, LLC

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.

10d

Frequently asked questions

Who was the highest-paid executive at EMCOR Group in fiscal 2025?
As disclosed, Anthony Guzzi (Chairman, President and Chief Executive Officer) was the highest-paid executive at EMCOR Group in fiscal 2025, with total compensation of $14,380,630.
How does EMCOR Group's chief executive pay compare to its disclosed peer group?
As disclosed, Anthony Guzzi's total compensation ranked at the 77th percentile of EMCOR Group's disclosed peer group.
What is EMCOR Group's CEO-to-median employee pay ratio?
As disclosed, EMCOR Group's CEO-to-median employee pay ratio was 164:1.
How did shareholders vote on EMCOR Group's executive compensation?
As disclosed, 86.94% of shareholders supported EMCOR Group's executive compensation in the latest say-on-pay vote.
How much does EMCOR Group spend in total on board compensation for fiscal 2025?
As disclosed, EMCOR Group reported total board compensation of $2,594,500 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.

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, Anthony GuzziDEF 14A2026-04-210001140361-26-015809Section “Summary Compensation Table for Fiscal Years 2025, 2024 and 2023”. As printed: 14,380,630. Filing ↗machine: t131 · r2 · c24 · span 391861–391872
2Section 01, Maxine MauricioDEF 14A2026-04-210001140361-26-015809Section “Summary Compensation Table for Fiscal Years 2025, 2024 and 2023”. As printed: 4,179,190. Filing ↗machine: r5 · c24 · span 406192–406201
3Section 01, Jason NalbandianDEF 14A2026-04-210001140361-26-015809Section “Summary Compensation Table for Fiscal Years 2025, 2024 and 2023”. As printed: 3,175,470. Filing ↗machine: r8 · c24 · span 419732–419741
4Section 03, Jason Nalbandian RSUDEF 14A2026-04-210001140361-26-015809Section “Grants of Plan-Based Awards For Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t152 · r9 · c15 · span 613689–613694
5Section 03, Anthony Guzzi RSUDEF 14A2026-04-210001140361-26-015809Section “Grants of Plan-Based Awards For Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t152 · r3 · c15 · span 594609–594614
6Section 03, Maxine Mauricio RSUDEF 14A2026-04-210001140361-26-015809Section “Grants of Plan-Based Awards For Fiscal Year 2025” · grants of plan-based awards table. Filing ↗machine: t152 · r6 · c15 · span 604363–604368
7Section 07, pay ratioDEF 14A2026-04-210001140361-26-015809Section “CEO Pay Ratio”. As printed: 164 : 1. Filing ↗
8Section 08, M. Kevin McEvoyDEF 14A2026-04-210001140361-26-015809Section “Director Compensation”. As printed: 358,000. Filing ↗machine: t217 · r6 · c9 · span 867893–868073
9Section 08, Carol P. LoweDEF 14A2026-04-210001140361-26-015809Section “Director Compensation”. As printed: 315,000. Filing ↗machine: t217 · r5 · c9 · span 865880–866060
10Section 08, Robin Walker-LeeDEF 14A2026-04-210001140361-26-015809Section “Director Compensation”. As printed: 310,000. Filing ↗machine: t217 · r10 · c9 · span 875442–875621
11Section 08, John W. AltmeyerDEF 14A2026-04-210001140361-26-015809Section “Director Compensation”. As printed: 310,000. Filing ↗machine: t217 · r2 · c9 · span 860299–860479
12Section 08, William P. ReidDEF 14A2026-04-210001140361-26-015809Section “Director Compensation”. As printed: 297,000. Filing ↗machine: t217 · r7 · c9 · span 869679–869859
13Section 08, Steven B. SchwarzwaelderDEF 14A2026-04-210001140361-26-015809Section “Director Compensation”. As printed: 296,000. Filing ↗machine: t217 · r9 · c9 · span 873524–873704
14Section 08, Ronald L. JohnsonDEF 14A2026-04-210001140361-26-015809Section “Director Compensation”. As printed: 295,000. Filing ↗machine: t217 · r4 · c9 · span 864139–864319
15Section 08, Amy E. DahlDEF 14A2026-04-210001140361-26-015809Section “Director Compensation”. As printed: 293,500. Filing ↗machine: t217 · r3 · c9 · span 862081–862261
16Section 08, Pat RocheDEF 14A2026-04-210001140361-26-015809Section “Director Compensation”. As printed: 120,000. Filing ↗machine: t217 · r8 · c6 · span 871729–871909
17Section 08, Anthony J. GuzziDEF 14A2026-04-210001140361-26-015809Section “Director Compensation”. As printed: 0. Filing ↗
18Section 02, Anthony Guzzi 2026-04-30Form 42026-05-010000105634-26-000057Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Maxine Mauricio 2026-04-30Form 42026-05-010000105634-26-000059Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Jason Nalbandian 2026-04-30Form 42026-05-010000105634-26-000061Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Jason Nalbandian 2026-04-30Form 42026-05-040000105634-26-000071Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Robert Peter Lind 2026-04-30Form 42026-05-040000105634-26-000073Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Anthony Guzzi 2026-04-30Form 42026-05-040000105634-26-000069Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, John W. Altmeyer 2026-04-30Form 42026-05-010000105634-26-000063Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, William P. Reid 2026-04-30Form 42026-05-010000105634-26-000065Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Steven B. Schwarzwaelder 2026-04-30Form 42026-05-040000105634-26-000067Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, John W. Altmeyer 2026-05-01Form 42026-05-050000105634-26-000076Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, William P. Reid 2026-05-11Form 42026-05-130000105634-26-000082Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, John W. Altmeyer 2026-06-04Form 42026-06-050000105634-26-000087Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Amy E. Dahl 2026-06-04Form 42026-06-050000105634-26-000089Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Ronald L. Johnson 2026-06-04Form 42026-06-050000105634-26-000091Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Carol P. Lowe 2026-06-04Form 42026-06-050000105634-26-000093Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, M. Kevin McEvoy 2026-06-04Form 42026-06-050000105634-26-000095Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Pat Roche 2026-06-04Form 42026-06-050000105634-26-000097Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Robin Walker-Lee 2026-06-04Form 42026-06-050000105634-26-000101Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Steven B. Schwarzwaelder 2026-06-04Form 42026-06-050000105634-26-000099Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Carol P. Lowe 2026-06-17Form 42026-06-180000105634-26-000105Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Jason Nalbandian 2026-07-31Form 42026-08-030000105634-26-000121Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, John W. Altmeyer 2026-07-31Form 42026-08-030000105634-26-000123Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Maxine Mauricio 2026-07-31Form 42026-08-030000105634-26-000119Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Anthony Guzzi 2026-07-31Form 42026-08-030000105634-26-000117Insider equity transaction reported since the proxy statement. Filing ↗
42Section 06, 2026 voteForm 8-K2026-06-040000105634-26-000085Item 5.07 · say-on-pay result. As reported: 86.94% (votes for as printed: 32,437,835). Filing ↗
43Section 06, 2025 voteForm 8-K2025-06-050000105634-25-000036Item 5.07 · say-on-pay result. As reported: 90.58% (votes for as printed: 34,723,973). Filing ↗
44Section 06, 2024 voteForm 8-K2024-06-100000105634-24-000023Item 5.07 · say-on-pay result. As reported: 91.3% (votes for as printed: 37,347,073). Filing ↗
45Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
46Section 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).machine: formula: sums + PSU ratio
47Section 09b board cost (computed)Computed——Cash 1,034,500 + equity 1,560,000 + all other 0 = 2,594,500, summed across the director compensation table rows.machine: formula: Σ = 2,594,500
48Trane Technologies Plc, Section 10b CEO totalDEF 14A2026-04-230001628280-26-026679CEO total compensation as printed in Trane Technologies Plc's own proxy. As printed: 27,262,157. Filing ↗machine: t21 · r2 · c15 · span 319298–319308
49Vertiv Holdings Co, Section 10b CEO totalDEF 14A2026-04-240001193125-26-174898CEO total compensation as printed in Vertiv Holdings Co's own proxy. As printed: 18,311,719. Filing ↗machine: r2 · c31 · span 606796–606806
50Quanta Services, Inc., Section 10b CEO totalDEF 14A2026-04-100001193125-26-150293CEO total compensation as printed in Quanta Services, Inc.'s own proxy. As printed: 15,699,684. Filing ↗machine: t186 · r5 · c39 · span 987370–987380
51EMCOR Group (subject), Section 10b CEO totalDEF 14A2026-04-210001140361-26-015809CEO total compensation as printed in EMCOR Group's own proxy. As printed: 14,380,630. Filing ↗machine: t131 · r2 · c24 · span 391861–391872
52Ferguson Enterprises Inc., Section 10b CEO totalDEF 14A2026-03-160002011641-26-000016CEO total compensation as printed in Ferguson Enterprises Inc.'s own proxy. As printed: 14,137,493. Filing ↗machine: r3 · c27 · span 1041131–1041141
53Jacobs Solutions, Inc., Section 10b CEO totalDEF 14A2025-12-180001193125-25-325103CEO total compensation as printed in Jacobs Solutions, Inc.'s own proxy. As printed: 14,038,363. Filing ↗machine: t268 · r3 · c29 · span 1161469–1161479
54WESCO International, Inc., Section 10b CEO totalDEF 14A2026-04-170001193125-26-159688CEO total compensation as printed in WESCO International, Inc.'s own proxy. As printed: 12,308,746. Filing ↗machine: span 2182235–2182245
55United Rentals, Inc., Section 10b CEO totalDEF 14A2026-03-250001193125-26-124113CEO total compensation as printed in United Rentals, Inc.'s own proxy. As printed: 12,057,571. Filing ↗machine: span 1280664–1280674
56KBR, Inc., Section 10b CEO totalDEF 14A2026-03-300001104659-26-036847CEO total compensation as printed in KBR, Inc.'s own proxy. As printed: 11,614,552. Filing ↗machine: t266 · r7 · c14 · span 1965148–1965158
57MasTec, Inc., Section 10b CEO totalDEF 14A2026-04-090001140361-26-014022CEO total compensation as printed in MasTec, Inc.'s own proxy. As printed: 11,544,386. Filing ↗machine: r2 · c19 · span 995699–995710
58Comfort Systems USA, Inc., Section 10b CEO totalDEF 14A2026-04-090001308179-26-000245CEO total compensation as printed in Comfort Systems USA, Inc.'s own proxy. As printed: 10,620,815. Filing ↗machine: r1 · c12 · span 843490–843500
59APi Group Corporation, Section 10b CEO totalDEF 14A2026-04-030001628280-26-023528CEO total compensation as printed in APi Group Corporation's own proxy. As printed: 10,450,517. Filing ↗machine: r2 · c12 · span 991959–991970
60Lennox 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
61Fluor Corporation, Section 10b CEO totalDEF 14A2026-03-120001104659-26-027053CEO total compensation as printed in Fluor Corporation's own proxy. As printed: 6,873,013. Filing ↗machine: span 1033953–1033962
62Section 10a, Ferguson Enterprises Inc. reciprocityDEF 14A—0002011641-26-000016Ferguson Enterprises Inc.'s most recent proxy was read; its disclosed peer group does not include EMCOR Group. Filing ↗
63Section 10a, United Rentals, Inc. reciprocityDEF 14A—0001193125-26-124113United Rentals, Inc.'s most recent proxy was read; its disclosed peer group does not include EMCOR Group. Filing ↗
64Section 10a, Trane Technologies Plc reciprocityDEF 14A—0001628280-26-026679Trane Technologies Plc's most recent proxy was read; its disclosed peer group does not include EMCOR Group. Filing ↗
65Section 10a, KBR, Inc. reciprocityDEF 14A—0001104659-26-036847KBR, Inc.'s most recent proxy was read; its disclosed peer group does not include EMCOR Group. Filing ↗
66Section 10a, APi Group Corporation reciprocityDEF 14A—0001628280-26-023528APi Group Corporation names EMCOR Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
67Section 10a, Fluor Corporation reciprocityDEF 14A—0001104659-26-027053Fluor Corporation names EMCOR Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
68Section 10a, Lennox International Inc. reciprocityDEF 14A—0001069202-26-000046Lennox International Inc.'s most recent proxy was read; its disclosed peer group does not include EMCOR Group. Filing ↗
69Section 10a, MasTec, Inc. reciprocityDEF 14A—0001140361-26-014022MasTec, Inc. names EMCOR Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
70Section 10a, Quanta Services, Inc. reciprocityDEF 14A—0001193125-26-150293Quanta Services, Inc. names EMCOR Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
71Section 10a, Vertiv Holdings Co reciprocityDEF 14A—0001193125-26-174898Vertiv Holdings Co's most recent proxy was read; its disclosed peer group does not include EMCOR Group. Filing ↗
72Section 10a, WESCO International, Inc. reciprocityDEF 14A—0001193125-26-159688WESCO International, Inc.'s most recent proxy was read; its disclosed peer group does not include EMCOR Group. Filing ↗

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