Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-18

Emerson Electric (EMR)

CEO Lal Karsanbhai was paid $21,240,262 in fiscal year 2025, ↑ up 5.7% from fiscal year 2024, the 71st percentile of its disclosed peer group (SEC filing 0000032604-25-000103 ↗): 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.

$21,240,262 ↑
Lal Karsanbhai total, FY2025
71st
CEO pay percentile vs peers
402:1
CEO-to-median pay ratio
89.57%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Lal Karsanbhai (President & Chief Executive Officer), FY2025 total compensation $21,240,262 (base salary $1,537,500) [exec_comp, SEC accession 0000032604-25-000103, filed 2025-12-12]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

EMR's next annual pay disclosure, estimated December 11, 2026.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Lal Karsanbhai$1,537,500$0$15,413,325$0$3,728,525$37,000$523,912$21,240,262
President & Chief Executive Officer
Ram Krishnan962,50006,165,26101,698,00032,000179,0649,036,825
Executive Vice President and Chief Operating Officer
Michael Baughman873,33303,308,69401,273,50010,000207,1425,672,669
Executive Vice President, Chief Financial Officer and Chief Accounting Officer
Michael Train820,00002,055,04901,117,85061,000179,9324,233,831
Senior Vice President and Chief Sustainability Officer
Michael Tang725,00001,952,2060891,45010,000152,6033,731,259
Senior Vice President, Secretary and Chief Legal 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
Lal Karsanbhai$21,240,262$20,096,283$18,317,194↑ +1,143,979
Ram Krishnan9,036,8258,943,8366,330,764↑ +92,989
Michael Baughman5,672,6695,141,8724,394,282↑ +530,797
Michael Train4,233,8314,281,0244,254,449↓ −47,193
Michael Tang3,731,2595,364,642—↓ −1,633,383

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 EMR
52 companies name EMR as a compensation peer

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

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
Calvin G. Butler JrIndependent Director$329,932
Gloria A. FlachIndependent Director$354,932
James M. McKelveyIndependent Director$343,265
James S. TurleyIndependent Director$529,932
Joshua B. BoltenIndependent Director$359,932
Leticia Gonçalves LourencoFormer director (through FY2025)$259,932
Lori M. LeeIndependent Director$361,934
Mark A. BlinnIndependent Director$329,932
Martin S. CraigheadIndependent Director$329,932
Matthew S. LevatichIndependent Director$339,932
William H. Easter IIIIndependent Director$88,334
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
Lal KarsanbhaiDirector2025-12-15A3,120——CommonForm 4 ↗
Lal KarsanbhaiDirector2025-12-15D3,120——CommonForm 4 ↗
Michael TangSr VP, Secy & Chf Leg Ofc2026-01-02D2,154135289,788CommonForm 4 ↗
Michael TangSr VP, Secy & Chf Leg Ofc2026-01-02D4,571135614,959CommonForm 4 ↗
Lal KarsanbhaiDirector2026-02-02D4,422148655,009CommonForm 4 ↗
Gloria A. FlachDirector2026-02-03A1,251——CommonForm 4 ↗
Joshua B. BoltenDirector2026-02-03A1,251——CommonForm 4 ↗
Matthew S. LevatichDirector2026-02-03A1,251——CommonForm 4 ↗
Martin S. CraigheadDirector2026-02-03A1,251——CommonForm 4 ↗
Mark A. BlinnDirector2026-02-03A1,251——CommonForm 4 ↗
James M. McKelveyDirector2026-02-03A1,251——CommonForm 4 ↗
Calvin G. Butler JrDirector2026-02-03A1,251——CommonForm 4 ↗
Lori M. LeeDirector2026-02-03A1,251——CommonForm 4 ↗
James S. TurleyDirector2026-02-03A1,251——CommonForm 4 ↗
Lal KarsanbhaiDirector2026-02-05A5,578——CommonForm 4 ↗
Mark A. BlinnDirector2026-02-05D1,476153225,518CommonForm 4 ↗
Mark A. BlinnDirector2026-02-05D1,400152213,412CommonForm 4 ↗
Lal KarsanbhaiDirector2026-02-05D5,578——CommonForm 4 ↗
Nicholas J. PiazzaSenior VP & CPO2026-02-09D6,7031591,066,245CommonForm 4 ↗
Ram KrishnanExecutive Vice Pres & COO2026-02-09D5,319159846,014CommonForm 4 ↗
Matthew S. LevatichDirector2026-02-10D1,476162239,349CommonForm 4 ↗
Ram KrishnanExecutive Vice Pres & COO2026-03-09A6,680——CommonForm 4 ↗
Ram KrishnanExecutive Vice Pres & COO2026-03-09D6,680——CommonForm 4 ↗
Lal KarsanbhaiDirector2026-03-10D5,700142811,227CommonForm 4 ↗
Michael TrainSVP & Chief Sustain Officer2026-04-06D5,286132695,711CommonForm 4 ↗
Ram KrishnanExecutive Vice Pres & COO2026-06-01D11,5001411,624,030CommonForm 4 ↗
Jennifer NewsteadDirector2026-08-03A622——CommonForm 4 ↗
Nicholas J. PiazzaSenior VP & CPO2026-08-03D1,453153221,593CommonForm 4 ↗
Michael TrainSVP & Chief Sustain Officer2026-08-06D7,3291591,165,238CommonForm 4 ↗
Lal KarsanbhaiDirector2026-08-11D9,6501621,562,469CommonForm 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
Lal KarsanbhaiPSU2023-11-0641,68383,365—166,730$7,770,452
Michael TrainPSU2024-01-02—150,750—450,000900,000
Michael BaughmanPSU2024-11-04————1,860,409
Michael TangRSU2024-11-04——7,782—854,541
Michael BaughmanPSU2023-11-068,33716,673—33,3461,554,090
Michael BaughmanRSU2023-11-06——13,641—1,251,425
Michael TrainRSU2024-01-02——13,663—1,310,008
Ram KrishnanRSU2024-11-04——24,576—2,698,691
Lal KarsanbhaiPSU2024-11-04————8,666,599
Lal KarsanbhaiRSU2024-11-04——61,440—6,746,726
Michael BaughmanRSU2024-11-04——13,189—1,448,284
Michael TrainPSU2024-11-04————1,155,485
Michael TrainRSU2024-11-04——8,192—899,564
Michael TangPSU2024-11-04————1,097,665
Ram KrishnanPSU2023-11-0617,86435,728—71,4563,330,207
Ram KrishnanPSU2024-11-04————3,466,570
Ram KrishnanRSU2023-11-06——29,232—2,681,744
Lal KarsanbhaiRSU2023-11-06——68,208—6,257,402
Michael TrainRSU2023-11-06——9,744—893,915
Michael TrainPSU2023-11-06—251,250—750,0001,500,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Lal Karsanbhai$13,004,128$16,437,051$055.8%
Michael Train3,103,4873,555,485053.4%
Michael Baughman2,699,7093,414,499055.8%
Michael Tang854,5411,097,665056.2%
Ram Krishnan5,380,4356,796,777055.8%

% 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
Michael TrainRSU8,192—$1,074,627
Michael TrainRSU11,413—1,497,157
Ram KrishnanRSU24,576—3,223,880
Michael TangRSU24,164—3,169,834
Michael BaughmanRSU9,094—1,192,951
Lal KarsanbhaiRSU61,440—8,059,699
Ram KrishnanRSU34,242—4,491,866
Ram KrishnanRSU17,000—2,230,060
Michael TangRSU10,000—1,311,800
Michael TrainRSU6,496—852,145
Ram KrishnanRSU19,488—2,556,436
Lal KarsanbhaiRSU85,607—11,229,926
Lal KarsanbhaiRSU120,629—15,824,112
Michael TangRSU9,109—1,194,919
Lal KarsanbhaiRSU75,000—9,838,500
Michael TrainRSU12,000—1,574,160
Ram KrishnanRSU51,698—6,781,744
Lal KarsanbhaiRSU45,472—5,965,017
Michael BaughmanRSU13,189—1,730,133
Michael BaughmanRSU24,125—3,164,718
Michael BaughmanRSU18,376—2,410,564
Michael TrainRSU17,232—2,260,494
Michael TangRSU10,842—1,422,254
Michael BaughmanRSU10,000—1,311,800
Michael TangRSU7,782—1,020,843
Lal KarsanbhaiOption15,00045.5—
Michael BaughmanOption10,00064.44—
05

Incentive-plan design — the Compensation Discussion & Analysis

Our goal is to attract and retain talented executives who deliver value to our shareholders through the achievement of the Company’s specific business objectives, including consistent growth in earnings per share, cash flow and return on investments. Our executive compensation program and overall pay for performance philosophy align with that goal and drive our results.

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

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-02-03378,023,84741,258,1952,769,84589.57%Passed
20252025-02-04372,131,48543,336,0333,968,87989.57%Passed
20242024-02-06385,189,17325,513,2822,014,12593.79%Passed
20232023-02-07395,283,61536,116,9152,247,32491.63%Passed
20222022-02-01384,626,10045,448,3992,961,40089.43%Passed
20212021-02-02410,143,37332,662,2693,114,95592.62%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
20262026-02-0389.57%a
20252025-02-0489.57%b
20242024-02-0693.79%c

a. Approved under the standard stated in the filing — “Shares represented by proxies which are marked or voted "AGAINST" or "ABSTAIN" with respect to the election of any one or more nominees for election as Directors, proxies which are marked or voted "abstain" on the other proposals, and proxies which are marked or voted to deny discretionary authority on other matters will be counted for the purpose of determining the number of shares represented by proxy at the meeting. Such proxies will thus have the same effect as a vote against such nominee or nominees, against such proposals and against such other matters, respectively.”.

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)402 : 1
CEO total compensation$21,259,535
Median employee compensation$52,916
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
James S. TurleyIndependent · Audit · Executive (Chair) · Compensation · Nominating/Governance$340,000$189,932——$0$529,932
Lori M. LeeIndependent · Audit (Chair) · Executive · Nominating/Governance170,000189,932——2,002361,934
Joshua B. BoltenIndependent · Compensation · Nominating/Governance (Chair) · Executive160,000189,932——10,000359,932
Gloria A. FlachIndependent · Compensation (Chair) · Nominating/Governance · Technology · Executive165,000189,932——0354,932
James M. McKelveyIndependent · Compensation · Executive · Technology (Chair)153,333189,932——0343,265
Matthew S. LevatichIndependent · Audit · Technology140,000189,932——10,000339,932
Calvin G. Butler JrIndependent · Audit · Nominating/Governance · Executive140,000189,932——0329,932
Martin S. CraigheadIndependent · Compensation · Nominating/Governance140,000189,932——0329,932
Mark A. BlinnIndependent · Audit · Technology140,000189,932——0329,932
Leticia Gonçalves LourencoDeparted during FY70,000189,9320——259,932
William H. Easter IIIIndependent78,3340——10,00088,334
Lal KarsanbhaiEmployee director · Executive—————0
09

Board fee structure and ownership guideline

Annual cash retainer$140,000
Annual equity retainer$190,000
Per board meeting fee$2,000
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,696,667
Equity awards (grant-date value)$1,899,320
All other compensation$32,002
Total cost of the board$3,627,989

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 Emerson Electric 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 Emerson Electric.

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
1Roper Technologies2025L. Neil Hunn$1,000,000$17,533,527$5,098,979$2,096,000$26,205,765
2General Dynamics2025Phebe Novakovic1,737,50012,539,6345,220,4455,729,00025,924,082
3Northrop Grumman2025Kathy Warden1,840,38516,750,23004,218,00025,357,443
4Danaher2025Rainer Blair1,400,0009,292,3708,386,6574,194,40023,795,280
5Parker-Hannifin2026Jennifer Parmentier1,537,5007,586,8987,841,9404,539,82222,761,169
6Emerson Electric2025Lal Karsanbhai1,537,50015,413,32503,728,52521,240,262
7Honeywell2025Vimal Kapur1,600,00010,866,2693,623,9143,516,80020,381,435
8Johnson Controls2025Joakim Weidemanis825,00012,849,0883,749,9932,357,24719,963,827
9Cummins2025Jennifer Rumsey1,533,7506,429,00406,975,65619,905,532
10TE Connectivity2025Terrence Curtin1,397,1256,612,7386,669,4443,243,80118,325,536
11Keysight Technologies2025Satish Dhanasekaran933,00015,345,17601,575,47318,020,109
12DuPont2025Lori Koch1,242,31312,547,71101,897,50016,134,250
13Rockwell Automation2025Blake Moret1,210,4567,700,4213,300,0101,737,61015,401,707
14Illinois Tool Works2025Christopher A. O'Herlihy1,337,2715,249,9575,249,9962,702,38915,211,011
15Carrier2025David Gitlin1,500,0005,634,5485,747,1651,023,75014,962,913
16Fortive2025Olumide Soroye931,7338,196,1253,706,5191,358,10014,405,012
17Agilent Technologies2025Padraig McDonnell1,141,3458,169,8502,017,7591,436,80912,827,236
18Eaton2025Paulo Ruiz1,087,1164,140,3141,384,6951,155,0007,923,677

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
Emerson Electric141.5%PSU 55 · RSU 45NoExequity
Agilent Technologiesnot disclosedPSU 60 · Options 20 · RSU 20NoSemler Brossy
Carrier39%SARs 50 · PSU 50Yes — Total Shareholder Return ( TSR ) relative to a subset of the S&P 500 Industrials Index ( Relative TSR )Pearl Meyer
Cummins90%PSU 70 · Cash LTI 30NoFarient
Danahernot disclosedOptions 50 · RSU 50Yes — Relative TSRFW Cook
DuPont101.2%PSU 60 · RSU 40Yes — Relative TSRFrederic W. Cook & Co., Inc. (FW Cook)
Eaton70%PSU 50 · RSU 25 · Options 25Yes — Relative TSRMeridian Compensation Partners
Fortivenot disclosedPSU 50 · RSU 25 · Option 25Yes — Relative TSR vs. S&P 500Pearl Meyer
General Dynamics177.0%PSU 50 · Options 30 · RSU 20Yes — rTSR (relative Total Shareholder Return)Pay Governance, LLC
Honeywell126%PSU 50 · Options 25 · RSU 25Yes — three-year total shareowner return (TSR) relative to the 2025 Compensation Peer Groupnot disclosed
Illinois Tool Worksnot disclosedPSU 50 · Options 50NoMeridian Compensation Partners LLC
Johnson Controls176.6%PSU 50 · RSU 25 · Options 25Yes — TSR Relative to S&P 500 IndustrialsFarient Advisors LLC
Keysight Technologies114.09%PSU 60 · RSU 40Yes — 3-Year Relative TSRMeridian Compensation Partners LLC
Northrop Grumman114%PSU 70 · RSU 30Yes — Relative Total Shareholder Return (rTSR)Frederic W. Cook & Co.
Parker-Hannifinnot disclosedPSU 50 · Options 50NoMercer Consulting
Rockwell Automation95.7%PSU 40 · Option 30 · RSU 30NoWillis Towers Watson
Roper Technologies104.8%PSU 75 · Options 25NoCompensia
TE Connectivity132.4%PSU 50 · Options 50NoPay Governance

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 Emerson Electric in fiscal 2025?
As disclosed, Lal Karsanbhai (President & Chief Executive Officer) was the highest-paid executive at Emerson Electric in fiscal 2025, with total compensation of $21,240,262.
How does Emerson Electric's chief executive pay compare to its disclosed peer group?
As disclosed, Lal Karsanbhai's total compensation ranked at the 71st percentile of Emerson Electric's disclosed peer group.
What is Emerson Electric's CEO-to-median employee pay ratio?
As disclosed, Emerson Electric's CEO-to-median employee pay ratio was 402:1.
How did shareholders vote on Emerson Electric's executive compensation?
As disclosed, 89.57% of shareholders supported Emerson Electric's executive compensation in the latest say-on-pay vote.
How much does Emerson Electric spend in total on board compensation for fiscal 2025?
As disclosed, Emerson Electric reported total board compensation of $3,627,989 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, Lal KarsanbhaiDEF 14A2025-12-120000032604-25-000103Section “Summary Compensation Table” · page 50. As printed: 21,240,262. Filing ↗machine: r2 · c27 · span 849389–849399
2Section 01, Ram KrishnanDEF 14A2025-12-120000032604-25-000103Section “Summary Compensation Table” · page 50. As printed: 9,036,825. Filing ↗machine: r8 · c27 · span 862353–862362
3Section 01, Michael BaughmanDEF 14A2025-12-120000032604-25-000103Section “Summary Compensation Table” · page 50. As printed: 5,672,669. Filing ↗machine: r5 · c27 · span 855913–855922
4Section 01, Michael TrainDEF 14A2025-12-120000032604-25-000103Section “Summary Compensation Table” · page 50. As printed: 4,233,831. Filing ↗machine: r11 · c27 · span 868839–868848
5Section 01, Michael TangDEF 14A2025-12-120000032604-25-000103Section “Summary Compensation Table” · page 50. As printed: 3,731,259. Filing ↗machine: r14 · c27 · span 875270–875279
6Section 03, Lal Karsanbhai PSUDEF 14A2024-12-130000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t178 · r3 · c1 · span 884808–884817
7Section 03, Michael Train PSUDEF 14A2024-12-130000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
8Section 03, Michael Baughman PSUDEF 14A2025-12-120000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t156 · r3 · c1 · span 745204–745213
9Section 03, Michael Tang RSUDEF 14A2025-12-120000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t166 · r6 · c1 · span 809500–809507
10Section 03, Michael Baughman PSUDEF 14A2024-12-130000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t178 · r6 · c1 · span 887135–887144
11Section 03, Michael Baughman RSUDEF 14A2024-12-130000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
12Section 03, Michael Train RSUDEF 14A2024-12-130000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
13Section 03, Ram Krishnan RSUDEF 14A2025-12-120000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t166 · r4 · c1 · span 807957–807966
14Section 03, Lal Karsanbhai PSUDEF 14A2025-12-120000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t156 · r2 · c1 · span 744446–744455
15Section 03, Lal Karsanbhai RSUDEF 14A2025-12-120000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t166 · r2 · c1 · span 806467–806476
16Section 03, Michael Baughman RSUDEF 14A2025-12-120000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t166 · r3 · c1 · span 807225–807234
17Section 03, Michael Train PSUDEF 14A2025-12-120000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t156 · r5 · c1 · span 746665–746674
18Section 03, Michael Train RSUDEF 14A2025-12-120000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t166 · r5 · c1 · span 808686–808693
19Section 03, Michael Tang PSUDEF 14A2025-12-120000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t156 · r6 · c1 · span 747482–747491
20Section 03, Ram Krishnan PSUDEF 14A2024-12-130000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t178 · r9 · c1 · span 889459–889468
21Section 03, Ram Krishnan PSUDEF 14A2025-12-120000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t156 · r4 · c1 · span 745936–745945
22Section 03, Ram Krishnan RSUDEF 14A2024-12-130000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t194 · r5 · c2 · span 1026626–1026628
23Section 03, Lal Karsanbhai RSUDEF 14A2024-12-130000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
24Section 03, Michael Train RSUDEF 14A2024-12-130000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
25Section 03, Michael Train PSUDEF 14A2024-12-130000032604-25-000103Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t146 · r5 · c1 · span 712005–712008
26Section 07, pay ratioDEF 14A2025-12-120000032604-25-000103Section “CEO Pay Ratio”. As printed: 402 : 1. Filing ↗machine: span 1237826–1237831
27Section 08, James S. TurleyDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 529,932. Filing ↗machine: span 460982–461102
28Section 08, Lori M. LeeDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 361,934. Filing ↗machine: span 456468–456588
29Section 08, Joshua B. BoltenDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 359,932. Filing ↗machine: span 447720–447840
30Section 08, Gloria A. FlachDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 354,932. Filing ↗machine: span 453549–453669
31Section 08, James M. McKelveyDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 343,265. Filing ↗machine: span 459351–459471
32Section 08, Matthew S. LevatichDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 339,932. Filing ↗machine: span 457910–458030
33Section 08, Calvin G. Butler JrDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 329,932. Filing ↗machine: span 449193–449313
34Section 08, Martin S. CraigheadDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 329,932. Filing ↗machine: span 450636–450756
35Section 08, Mark A. BlinnDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 329,932. Filing ↗machine: span 446281–446401
36Section 08, Leticia Gonçalves LourencoDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 259,932. Filing ↗machine: t88 · r8 · c5 · span 455035–455155
37Section 08, William H. Easter IIIDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 88,334. Filing ↗machine: span 452111–452230
38Section 08, Lal KarsanbhaiDEF 14A2025-12-120000032604-25-000103Section “Director Compensation”. As printed: 0. Filing ↗
39Section 02, Lal Karsanbhai 2025-12-15Form 42025-12-160001754881-25-000019Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Lal Karsanbhai 2025-12-15Form 42025-12-160001754881-25-000019Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Michael Tang 2026-01-02Form 42026-01-060001663020-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Michael Tang 2026-01-02Form 42026-01-060001663020-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Lal Karsanbhai 2026-02-02Form 42026-02-040001754881-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Gloria A. Flach 2026-02-03Form 42026-02-050001484625-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Joshua B. Bolten 2026-02-03Form 42026-02-050001541370-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Matthew S. Levatich 2026-02-03Form 42026-02-050001385208-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Martin S. Craighead 2026-02-03Form 42026-02-050001319699-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Mark A. Blinn 2026-02-03Form 42026-02-050001129149-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, James M. McKelvey 2026-02-03Form 42026-02-050001658460-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Calvin G. Butler Jr 2026-02-03Form 42026-02-050001601193-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Lori M. Lee 2026-02-03Form 42026-02-050000032604-26-000014Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, James S. Turley 2026-02-03Form 42026-02-050001580994-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Lal Karsanbhai 2026-02-05Form 42026-02-060001754881-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Mark A. Blinn 2026-02-05Form 42026-02-090001129149-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Mark A. Blinn 2026-02-05Form 42026-02-090001129149-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Lal Karsanbhai 2026-02-05Form 42026-02-060001754881-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Nicholas J. Piazza 2026-02-09Form 42026-02-110001988238-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Ram Krishnan 2026-02-09Form 42026-02-110001847946-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Matthew S. Levatich 2026-02-10Form 42026-02-120001385208-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Ram Krishnan 2026-03-09Form 42026-03-100001847946-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Ram Krishnan 2026-03-09Form 42026-03-100001847946-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Lal Karsanbhai 2026-03-10Form 42026-03-120001754881-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Michael Train 2026-04-06Form 42026-04-080001686963-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Ram Krishnan 2026-06-01Form 42026-06-020001847946-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Jennifer Newstead 2026-08-03Form 42026-08-050001780525-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Nicholas J. Piazza 2026-08-03Form 42026-08-050001988238-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Michael Train 2026-08-06Form 42026-08-070001686963-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Lal Karsanbhai 2026-08-11Form 42026-08-120000950138-26-000021Insider equity transaction reported since the proxy statement. Filing ↗
69Section 06, 2026 voteForm 8-K2026-02-060000032604-26-000017Item 5.07 · say-on-pay result. As reported: 89.57% (votes for as printed: 378,023,847). Filing ↗
70Section 06, 2025 voteForm 8-K2025-02-070000032604-25-000036Item 5.07 · say-on-pay result. As reported: 89.57% (votes for as printed: 372,131,485). Filing ↗
71Section 06, 2024 voteForm 8-K2024-02-090001193125-24-029918Item 5.07 · say-on-pay result. As reported: 93.79% (votes for as printed: 385,189,173). Filing ↗
72Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
73Section 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
74Section 09b board cost (computed)Computed——Cash 1,696,667 + equity 1,899,320 + all other 32,002 = 3,627,989, summed across the director compensation table rows.machine: formula: Σ = 3,627,989
75Roper Technologies, Section 10b CEO totalDEF 14A2026-04-070001193125-26-145481CEO total compensation as printed in Roper Technologies's own proxy. As printed: 26,205,765. Filing ↗machine: r3 · c27 · span 804964–804974
76General Dynamics, Section 10b CEO totalDEF 14A2026-03-270001308179-26-000168CEO total compensation as printed in General Dynamics's own proxy. As printed: 25,924,082. Filing ↗machine: r1 · c16 · span 945926–945936
77Northrop Grumman, Section 10b CEO totalDEF 14A2026-04-030001133421-26-000007CEO total compensation as printed in Northrop Grumman's own proxy. As printed: 25,357,443. Filing ↗machine: r2 · c24 · span 1115708–1115718
78Danaher, Section 10b CEO totalDEF 14A2026-03-250000313616-26-000101CEO total compensation as printed in Danaher's own proxy. As printed: 23,795,280. Filing ↗machine: t122 · r2 · c21 · span 1070180–1070190
79Parker-Hannifin, Section 10b CEO totalDEF 14A2026-09-180001308179-26-000394CEO total compensation as printed in Parker-Hannifin's own proxy. As printed: 22,761,169. Filing ↗machine: r2 · c24 · span 1022768–1022778
80Emerson Electric (subject), Section 10b CEO totalDEF 14A2025-12-120000032604-25-000103CEO total compensation as printed in Emerson Electric's own proxy. As printed: 21,240,262. Filing ↗machine: r2 · c27 · span 849389–849399
81Honeywell, Section 10b CEO totalDEF 14A2026-04-100000773840-26-000029CEO total compensation as printed in Honeywell's own proxy. As printed: 20,381,435. Filing ↗machine: span 2093429–2093439
82Johnson Controls, Section 10b CEO totalDEF 14A2026-01-160001104659-26-004565CEO total compensation as printed in Johnson Controls's own proxy. As printed: 19,963,827. Filing ↗machine: t61 · r2 · c48 · span 1373807–1373817
83Cummins, Section 10b CEO totalDEF 14A2026-04-020001104659-26-039158CEO total compensation as printed in Cummins's own proxy. As printed: 19,905,532. Filing ↗machine: t135 · r1 · c47 · span 1108458–1108468
84TE Connectivity, Section 10b CEO totalDEF 14A2026-01-150001104659-26-003934CEO total compensation as printed in TE Connectivity's own proxy. As printed: 18,325,536. Filing ↗machine: t206 · r10 · c18 · span 1375221–1375231
85Keysight Technologies, Section 10b CEO totalDEF 14A2026-01-260001140361-26-002381CEO total compensation as printed in Keysight Technologies's own proxy. As printed: 18,020,109. Filing ↗machine: r2 · c28 · span 1994587–1994597
86DuPont, Section 10b CEO totalDEF 14A2026-04-100001193125-26-151204CEO total compensation as printed in DuPont's own proxy. As printed: 16,134,250. Filing ↗machine: r4 · c44 · span 1255492–1255502
87Rockwell Automation, Section 10b CEO totalDEF 14A2025-12-220001308179-25-000665CEO total compensation as printed in Rockwell Automation's own proxy. As printed: 15,401,707. Filing ↗machine: t89 · r1 · c18 · span 642843–642853
88Illinois Tool Works, Section 10b CEO totalDEF 14A2026-03-270001193125-26-127599CEO total compensation as printed in Illinois Tool Works's own proxy. As printed: 15,211,011. Filing ↗machine: span 1647874–1647884
89Carrier, Section 10b CEO totalDEF 14A2026-03-030001783180-26-000016CEO total compensation as printed in Carrier's own proxy. As printed: 14,962,913. Filing ↗machine: r2 · c9 · span 1903221–1903231
90Fortive, Section 10b CEO totalDEF 14A2026-04-290001193125-26-189078CEO total compensation as printed in Fortive's own proxy. As printed: 14,405,012. Filing ↗machine: r5 · c17 · span 4058480–4058491
91Agilent Technologies, Section 10b CEO totalDEF 14A2026-02-060001193125-26-040286CEO total compensation as printed in Agilent Technologies's own proxy. As printed: 12,827,236. Filing ↗machine: r3 · c29 · span 1450982–1450992
92Eaton, Section 10b CEO totalDEF 14A2026-03-130001193125-26-105117CEO total compensation as printed in Eaton's own proxy. As printed: 7,923,677. Filing ↗machine: r4 · c18 · span 2008245–2008255
93Section 10a, Carrier reciprocityDEF 14A—0001783180-26-000016Carrier names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
94Section 10a, Illinois Tool Works reciprocityDEF 14A—0001193125-26-127599Illinois Tool Works names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
95Section 10a, Eaton reciprocityDEF 14A—0001193125-26-105117Eaton names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
96Section 10a, Roper Technologies reciprocityDEF 14A—0001193125-26-145481Roper Technologies's most recent proxy was read; its disclosed peer group does not include Emerson Electric. Filing ↗
97Section 10a, Parker-Hannifin reciprocityDEF 14A—0001308179-26-000394Parker-Hannifin names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
98Section 10a, Johnson Controls reciprocityDEF 14A—0001104659-26-004565Johnson Controls names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
99Section 10a, Agilent Technologies reciprocityDEF 14A—0001193125-26-040286Agilent Technologies's most recent proxy was read; its disclosed peer group does not include Emerson Electric. Filing ↗
100Section 10a, Cummins reciprocityDEF 14A—0001104659-26-039158Cummins names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
101Section 10a, Danaher reciprocityDEF 14A—0000313616-26-000101Danaher's most recent proxy was read; its disclosed peer group does not include Emerson Electric. Filing ↗
102Section 10a, DuPont reciprocityDEF 14A—0001193125-26-151204DuPont names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
103Section 10a, Fortive reciprocityDEF 14A—0001193125-26-189078Fortive's most recent proxy was read; its disclosed peer group does not include Emerson Electric. Filing ↗
104Section 10a, General Dynamics reciprocityDEF 14A—0001308179-26-000168General Dynamics names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
105Section 10a, Honeywell reciprocityDEF 14A—0000773840-26-000029Honeywell names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
106Section 10a, Keysight Technologies reciprocityDEF 14A—0001140361-26-002381Keysight Technologies's most recent proxy was read; its disclosed peer group does not include Emerson Electric. Filing ↗
107Section 10a, Northrop Grumman reciprocityDEF 14A—0001133421-26-000007Northrop Grumman names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
108Section 10a, Rockwell Automation reciprocityDEF 14A—0001308179-25-000665Rockwell Automation names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗
109Section 10a, TE Connectivity reciprocityDEF 14A—0001104659-26-003934TE Connectivity names Emerson Electric in its own disclosed peer group (read from its most recent proxy). Filing ↗

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