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

Escalade (ESCA)

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.

$2,726,763
Armin Boehm total, FY2025
Former President & Chief Executive Officerhighest-paid officer; CEO Patrick Griffin: $488,161
CEO (Patrick Griffin) pay percentile vs peers
CEO-to-median pay ratio
93.29%
Say-on-pay support, latest vote
Companies that benchmark against ESCA
1 company names ESCA as a compensation peer

Each company listed discloses ESCA 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 ESCA 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
Armin Boehm$293,942$330,000$1,070,357$0$0$0$1,032,464$2,726,763
Former President & Chief Executive Officer
Stephen Wawrin342,881089,8800245,399016,371694,531
Chief Financial Officer, Vice President Finance and Secretary
Walter Glazer140,6350191,9380100,00000550,573
Former President & Chief Executive Officer
Patrick Griffin234,044082,6900162,18509,242488,161
Interim President & Chief Executive 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 FY20242025
Armin Boehm$2,726,763
Stephen Wawrin694,531680,498+14,033
Walter Glazer550,5731,665,978−1,115,405
Patrick Griffin488,161417,706+70,455

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
Walter GlazerRSU2025-03-118,346$125,023
Patrick GriffinRSU2026-03-0518,480
Patrick GriffinRSU2025-03-115,520
Stephen WawrinRSU2026-03-059,822
Stephen WawrinRSU2025-03-116,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Walter Glazer$125,023$0$00.0%

% 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
Walter GlazerRSU78,916$1,064,577
Stephen WawrinRSU13,577183,154
Patrick GriffinRSU11,570156,079
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's philosophy is to align pay with performance while providing competitive compensation to attract and retain executive talent. The Compensation Committee believes executive compensation should be directly linked to continuous improvements in corporate performance and increases in stockholder value, utilizing a mix of base and performance-leveraged variable compensation.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-058,906,752641,12915,02393.29%Passed
20252025-05-068,214,718725,96051,53391.88%Passed
20242024-05-087,714,659819,20646,06190.4%Passed
20232023-05-106,302,966714,35146,46289.82%Passed
20222022-04-266,852,601797,05869,57789.58%Passed
20212021-04-306,423,7531,060,39740,57485.83%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
20262026-05-0593.29%a
20252025-05-0691.88%b
20242024-05-0890.4%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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Walter P. Glazer JrNot independent · Board Chair$118,000$66,915$0$184,915
Richard F. Baalmann JrIndependent · Audit (Chair) · Compensation84,00066,9150150,915
Edward E. WilliamsIndependent · Lead Independent Director · Audit · Compensation (Chair)81,00066,9150147,915
Katherine F. FranklinIndependent · Audit · Compensation81,00066,9150147,915
09

Board fee structure and ownership guideline

Annual cash retainer$58,000
Annual equity retainer$4,500
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 15,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$364,000
Equity awards (grant-date value)$267,660
All other compensation$0
Total cost of the board$631,660

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

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
1Escalade2025Patrick Griffin$234,044$82,690$0$162,185$488,161

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.

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, Armin BoehmDEF 14A2026-03-270001437749-26-009992Section “Executive Compensation”. As printed: 2,726,763. Filing ↗
2Section 01, Stephen WawrinDEF 14A2026-03-270001437749-26-009992Section “Executive Compensation”. As printed: 694,531. Filing ↗
3Section 01, Walter GlazerDEF 14A2026-03-270001437749-26-009992Section “Executive Compensation”. As printed: 550,573. Filing ↗
4Section 01, Patrick GriffinDEF 14A2026-03-270001437749-26-009992Section “Executive Compensation”. As printed: 488,161. Filing ↗
5Section 03, Walter Glazer RSUDEF 14A2026-03-270001437749-26-009992Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
6Section 03, Patrick Griffin RSUDEF 14A2026-03-270001437749-26-009992Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
7Section 03, Patrick Griffin RSUDEF 14A2026-03-270001437749-26-009992Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
8Section 03, Stephen Wawrin RSUDEF 14A2026-03-270001437749-26-009992Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
9Section 03, Stephen Wawrin RSUDEF 14A2026-03-270001437749-26-009992Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
10Section 08, Walter P. Glazer JrDEF 14A2026-03-270001437749-26-009992Section “Director Compensation”. As printed: 184,915. Filing ↗machine: span 170191–170198
11Section 08, Richard F. Baalmann JrDEF 14A2026-03-270001437749-26-009992Section “Director Compensation”. As printed: 150,915. Filing ↗machine: span 174991–174998
12Section 08, Edward E. WilliamsDEF 14A2026-03-270001437749-26-009992Section “Director Compensation”. As printed: 147,915. Filing ↗machine: span 172588–172595
13Section 08, Katherine F. FranklinDEF 14A2026-03-270001437749-26-009992Section “Director Compensation”. As printed: 147,915. Filing ↗machine: span 177391–177398
14Section 06, 2026 voteForm 8-K2026-05-050001437749-26-014869Item 5.07 · say-on-pay result. As reported: 93.29% (votes for as printed: 8,906,752). Filing ↗
15Section 06, 2025 voteForm 8-K2025-05-070001437749-25-015121Item 5.07 · say-on-pay result. As reported: 91.88% (votes for as printed: 8,214,718). Filing ↗
16Section 06, 2024 voteForm 8-K2024-05-080001437749-24-015356Item 5.07 · say-on-pay result. As reported: 90.4% (votes for as printed: 7,714,659). Filing ↗
17Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
18Section 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
19Section 09b board cost (computed)ComputedcomputedCash 364,000 + equity 267,660 + all other 0 = 631,660, summed across the director compensation table rows.machine: formula: Σ = 631,660
20Escalade (subject), Section 10b CEO totalDEF 14A2026-03-270001437749-26-009992CEO total compensation as printed in Escalade's own proxy. As printed: 488,161. Filing ↗