CEO David O'Neil was paid $655,147 in fiscal year 2025, ↑ up 5.3% from fiscal year 2024 (SEC filing 0001174947-25-001301 ↗): 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.
$655,147 ↑ David O'Neil total, FY2025 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | 69.28% Say-on-pay support, latest vote |
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ESP's next annual pay disclosure, estimated October 31, 2026.est. Filing ↗
| 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 | $621,964 | $441,788 | ↑ +33,183 |
| Jennifer Pickering | 260,725 | — | — | — |
| Katrina Sparano | 172,314 | 268,348 | 242,501 | ↓ −96,034 |
| 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.
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This is the complete answer, not a partial one — the list is never padded.
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.
| Executive | Role | FY2025 total |
|---|---|---|
| David O'Neil | CEO | $655,147 |
| Jennifer Pickering | Executive | $260,725 |
| Kaitlyn O'Neil | Executive | $71,325 |
| Katrina Sparano | CFO | $172,314 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Carl Helmetag | Chair of the Board | $78,000 |
| Michael Wool | Independent Director | $85,500 |
| Nancy K. Patzwahl | Independent Director | $78,000 |
| Paul J. Corr | Independent Director | $80,500 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| O'Neil | Option | 1,500 | 22.3 | — |
| O'Neil | Option | 2,250 | 26.25 | — |
| O'Neil | Option | 2,925 | 21.75 | — |
| O'Neil | Option | 2,500 | 27.21 | — |
| O'Neil | Option | 2,500 | 28.31 | — |
| Jennifer Pickering | Option | 2,500 | 24.46 | — |
| Jennifer Pickering | Option | 5,000 | 21.5 | — |
The objectives of the compensation program are designed to align performance with the interests of shareholders, reward performance, retain and recruit qualified and effective talent. The Board believes that holding a say-on-pay vote every three years is consistent with the philosophy of designing a compensation program which enhances the long-term growth of the Company and the ability to retain and motivate executive officers for the long-term.
| CEO STI target (% of salary) | NaN% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | — |
| Anti-hedging | true |
| Anti-pledging | true |
| 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. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted as votes cast and will not affect the determination.”.
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 · Audit · Compensation (Chair) · Succession | $79,500 | — | $6,000 | — | — | $85,500 |
| Paul J. CorrIndependent · Audit · Compensation · Succession | 74,500 | — | 6,000 | — | — | 80,500 |
| Nancy K. PatzwahlIndependent · Audit | 72,000 | — | 6,000 | — | — | 78,000 |
| Carl HelmetagIndependent · Board Chair · Nominating (Chair) · Compensation · Finance (Chair) · Audit | 72,000 | — | 6,000 | — | — | 78,000 |
| David O'NeilEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $71,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 5,000 / 2,500 |
| 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.
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.
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 ↗machine: span 65121–65127 |
| 6 | Section 08, Paul J. Corr | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Director Compensation”. As printed: 80,500. Filing ↗machine: span 63372–63378 |
| 7 | Section 08, Nancy K. Patzwahl | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Director Compensation”. As printed: 78,000. Filing ↗machine: span 64555–64561 |
| 8 | Section 08, Carl Helmetag | DEF 14A | 2025-10-28 | 0001174947-25-001301 | Section “Director Compensation”. As printed: 78,000. Filing ↗machine: span 63950–63956 |
| 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 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 14 | Section 09b board cost (computed) | Computed | — | — | Cash 298,000 + equity 0 + all other 0 = 298,000, summed across the director compensation table rows.machine: formula: Σ = 298,000 |
| 15 | 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 |
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