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.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| David O'Neil | $313,575 | $300,300 | $0 | $7,455 | $0 | $0 | $33,817 | $655,147 |
| President and Chief Executive Officer | ||||||||
| Jennifer Pickering | 194,096 | 12,500 | 0 | 27,250 | 0 | 0 | 26,879 | 260,725 |
| Chief HR Officer and Corporate Secretary | ||||||||
| Katrina Sparano | 127,144 | 45,000 | 0 | 0 | 0 | 0 | 170 | 172,314 |
| Chief Financial Officer and Treasurer | ||||||||
| Kaitlyn O'Neil | 60,000 | 0 | — | 10,725 | — | — | 600 | 71,325 |
| Principal Financial Officer and Treasurer | ||||||||
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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| David O'Neil | $655,147 | — | — | — |
| Jennifer Pickering | 260,725 | — | — | — |
| Katrina Sparano | 172,314 | — | — | — |
| Kaitlyn O'Neil | 71,325 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| O'Neil | Option | 2,250 | 26.25 | — |
| O'Neil | Option | 2,925 | 21.75 | — |
| O'Neil | Option | 2,500 | 27.21 | — |
| O'Neil | Option | 1,500 | 22.3 | — |
| O'Neil | Option | 2,500 | 28.31 | — |
| Jennifer Pickering | Option | 2,500 | 24.46 | — |
| Jennifer Pickering | Option | 5,000 | 21.5 | — |
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | — |
| Anti-hedging | — |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-12-05 | 1,064,634 | 472,064 | 55,421 | 69.28% | Passed |
| 2022 | 2022-12-02 | 1,362,708 | 51,924 | 10,308 | 96.33% | Passed |
| 2019 | 2019-12-06 | 1,280,721 | 112,896 | 107,914 | 91.9% | Passed |
| 2016 | 2016-12-02 | 1,387,916 | 35,794 | 47,147 | 97.49% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-12-05 | 69.28%a |
| 2022 | 2022-12-02 | 96.33%b |
| 2019 | 2019-12-06 | 91.9%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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Michael WoolIndependent · Nominating/Governance · Compensation (Chair) · Succession · Legal Affairs, Strategic Planning and M&A · Audit · ESOP | $79,500 | — | $6,000 | — | — | $85,500 |
| Paul J. CorrIndependent · Nominating/Governance · Succession · Audit | 74,500 | — | 6,000 | — | — | 80,500 |
| Carl HelmetagIndependent · Board Chair · Nominating/Governance · Compensation · Finance · Audit | 72,000 | — | 6,000 | — | — | 78,000 |
| Nancy K. PatzwahlIndependent · Audit | 72,000 | — | 6,000 | — | — | 78,000 |
| David O'NeilEmployee director · Legal Affairs, Strategic Planning and M&A | — | — | — | — | — | 0 |
| Annual cash retainer | $71,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 5,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $298,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $298,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Espey MFG & Electronics | 2025 | David O'Neil | $313,575 | $0 | $7,455 | $0 | $655,147 |
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, David O'Neil | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Executive Compensation”. As printed: 655,147. Filing ↗machine: span 99547–99554 |
| 2 | Section 01, Jennifer Pickering | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Executive Compensation”. As printed: 260,725. Filing ↗machine: span 116366–116373 |
| 3 | Section 01, Katrina Sparano | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Executive Compensation”. As printed: 172,314. Filing ↗machine: span 105152–105159 |
| 4 | Section 01, Kaitlyn O'Neil | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Executive Compensation”. As printed: 71,325. Filing ↗ |
| 5 | Section 08, Michael Wool | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Director Compensation”. As printed: 85,500. Filing ↗ |
| 6 | Section 08, Paul J. Corr | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Director Compensation”. As printed: 80,500. Filing ↗ |
| 7 | Section 08, Carl Helmetag | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Director Compensation”. As printed: 78,000. Filing ↗ |
| 8 | Section 08, Nancy K. Patzwahl | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Director Compensation”. As printed: 78,000. Filing ↗ |
| 9 | Section 08, David O'Neil | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 10 | Section 06, 2025 vote | Form 8-K | 2025-12-09 | 0001174947-25-001404 | Item 5.07 · say-on-pay result. As reported: 69.28% (votes for as printed: 1,064,634). Filing ↗ |
| 11 | Section 06, 2022 vote | Form 8-K | 2022-12-05 | 0001174947-22-001246 | Item 5.07 · say-on-pay result. As reported: 96.33% (votes for as printed: 1,362,708). Filing ↗ |
| 12 | Section 06, 2019 vote | Form 8-K | 2019-12-10 | 0001174947-19-001285 | Item 5.07 · say-on-pay result. As reported: 91.9% (votes for as printed: 1,280,721). Filing ↗ |
| 13 | Section 09b board cost (computed) | Computed | — | computed | Cash 298,000 + equity 0 + all other 0 = 298,000, summed across the director compensation table rows.machine: formula: Σ = 298,000 |
| 14 | Espey MFG & Electronics (subject), Section 10b CEO total | DEF 14A | 2025-10-28 | 0001174947-25-001301 | CEO total compensation as printed in Espey MFG & Electronics's own proxy. As printed: 655,147. Filing ↗machine: span 99547–99554 |