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 |
|---|---|---|---|---|---|---|---|---|
| Vincent Arnone | $425,000 | $0 | $338,604 | $0 | $0 | $0 | $24,734 | $788,338 |
| President and Chief Executive Officer | ||||||||
| Ellen Albrecht | 294,000 | 0 | 135,604 | 0 | 30,664 | 0 | 24,260 | 484,528 |
| Vice President, Chief Financial Officer and Principal Financial Officer | ||||||||
| William Cummings | 240,000 | 0 | 101,500 | 0 | 66,905 | 0 | 39,089 | 447,494 |
| Senior Vice President, Sales | ||||||||
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 |
|---|---|---|---|---|
| Vincent Arnone | $788,338 | $449,483 | — | +338,855 |
| Ellen Albrecht | 484,528 | 345,720 | — | +138,808 |
| William Cummings | 447,494 | 339,710 | — | +107,784 |
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 | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Vincent Arnone | OPTION | 2025-03-27 | — | — | 166,800 | — | $333,600 |
| Ellen Albrecht | OPTION | 2025-03-27 | — | — | 66,800 | — | 133,600 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Vincent Arnone | $0 | $0 | $333,600 | 0.0% |
| Ellen Albrecht | 0 | 0 | 133,600 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| William Cummings | RSU | 6,267 | — | $9,777 |
| Ellen Albrecht | RSU | 8,334 | — | 13,001 |
| Vincent Arnone | PSU | 333,600 | — | 520,416 |
| Ellen Albrecht | PSU | 133,600 | — | 208,416 |
| William Cummings | PSU | 100,000 | — | 156,000 |
| Vincent Arnone | RSU | 20,734 | — | 32,345 |
Fuel Tech's compensation philosophy is to promote long-term, sustainable stockholder value by incentivizing individual performance, as well as promoting overall financial performance of Fuel Tech on an annual and long-term basis.
| CEO STI target (% of salary) | 50% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | CODA Advisors, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-04 | 11,949,173 | 637,014 | 187,055 | 94.94% | Passed |
| 2025 | 2025-06-05 | 13,458,829 | 746,185 | 214,310 | 94.75% | Passed |
| 2024 | 2024-06-06 | 12,714,159 | 506,653 | 141,720 | 96.17% | Passed |
| 2023 | 2023-06-08 | 12,725,010 | 736,222 | 59,065 | 94.53% | Passed |
| 2022 | 2022-06-02 | 10,272,981 | 913,011 | 99,460 | 91.84% | Passed |
| 2021 | 2021-05-20 | 10,944,586 | 333,955 | 139,746 | 97.04% | 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 |
|---|---|---|
| 2026 | 2026-06-04 | 94.94%a |
| 2025 | 2025-06-05 | 94.75%b |
| 2024 | 2024-06-06 | 96.17%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 — “Accordingly, if you "Abstain" from voting, it will have the same effect as an "Against" vote. Broker non-votes will have no effect on the proposal.”.
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.
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Dennis L. ZeitlerIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance | $60,000 | $24,751 | $0 | $0 | $0 | $84,751 |
| Sharon L. JonesIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance | 57,500 | 24,751 | 0 | 0 | 0 | 82,251 |
| Douglas G. BaileyIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair) | 55,000 | 24,751 | 0 | 0 | 0 | 79,751 |
| Vincent J. ArnoneEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $50,000 |
|---|---|
| Annual equity retainer | $24,751 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 10,000 / 10,000 / 5,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $172,500 |
| Equity awards (grant-date value) | $74,253 |
| All other compensation | $0 |
| Total cost of the board | $246,753 |
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 | Fuel Tech | 2025 | Vincent Arnone | $425,000 | $338,604 | $0 | $0 | $788,338 |
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, Vincent Arnone | DEF 14A | 2026-04-13 | 0001437749-26-012157 | Section “SUMMARY COMPENSATION TABLE” · page 23. As printed: 788,338. Filing ↗machine: r5 · c24 · span 498353–498360 |
| 2 | Section 01, Ellen Albrecht | DEF 14A | 2026-04-13 | 0001437749-26-012157 | Section “Summary Compensation Table” · page 23. As printed: 484,528. Filing ↗machine: t134 · r2 · c24 · span 484076–484083 |
| 3 | Section 01, William Cummings | DEF 14A | 2026-04-13 | 0001437749-26-012157 | Section “SUMMARY COMPENSATION TABLE” · page 23. As printed: 447,494. Filing ↗machine: r8 · c24 · span 511493–511500 |
| 4 | Section 03, Vincent Arnone OPTION | DEF 14A | 2026-04-13 | 0001437749-26-012157 | Section “Grants Of Plan-Based Awards In Fiscal Year 2025 To Named Executive Officers” · grants of plan-based awards table. Filing ↗machine: t102 · r1 · c6 · span 321905–321912 |
| 5 | Section 03, Ellen Albrecht OPTION | DEF 14A | 2026-04-13 | 0001437749-26-012157 | Section “Grants Of Plan-Based Awards In Fiscal Year 2025 To Named Executive Officers” · grants of plan-based awards table. Filing ↗machine: t102 · r3 · c6 · span 326979–326985 |
| 6 | Section 07, pay ratio | 10-K | 2026-03-03 | 0001437749-26-006623 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 7 | Section 08, Dennis L. Zeitler | DEF 14A | 2026-04-13 | 0001437749-26-012157 | Section “Director Compensation”. As printed: 84,751. Filing ↗machine: t70 · r4 · c6 · span 187169–187175 |
| 8 | Section 08, Sharon L. Jones | DEF 14A | 2026-04-13 | 0001437749-26-012157 | Section “Director Compensation”. As printed: 82,251. Filing ↗machine: t70 · r3 · c6 · span 185271–185277 |
| 9 | Section 08, Douglas G. Bailey | DEF 14A | 2026-04-13 | 0001437749-26-012157 | Section “Director Compensation”. As printed: 79,751. Filing ↗machine: t70 · r2 · c6 · span 183375–183381 |
| 10 | Section 08, Vincent J. Arnone | DEF 14A | 2026-04-13 | 0001437749-26-012157 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 11 | Section 06, 2026 vote | Form 8-K | 2026-06-08 | 0001437749-26-019829 | Item 5.07 · say-on-pay result. As reported: 94.94% (votes for as printed: 11,949,173). Filing ↗ |
| 12 | Section 06, 2025 vote | Form 8-K | 2025-06-10 | 0001437749-25-019974 | Item 5.07 · say-on-pay result. As reported: 94.75% (votes for as printed: 13,458,829). Filing ↗ |
| 13 | Section 06, 2024 vote | Form 8-K | 2024-06-10 | 0001437749-24-019814 | Item 5.07 · say-on-pay result. As reported: 96.17% (votes for as printed: 12,714,159). Filing ↗ |
| 14 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 15 | Section 03b vehicle mix (computed) | 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 |
| 16 | Section 09b board cost (computed) | Computed | — | computed | Cash 172,500 + equity 74,253 + all other 0 = 246,753, summed across the director compensation table rows.machine: formula: Σ = 246,753 |
| 17 | Fuel Tech (subject), Section 10b CEO total | DEF 14A | 2026-04-13 | 0001437749-26-012157 | CEO total compensation as printed in Fuel Tech's own proxy. As printed: 788,338. Filing ↗machine: r5 · c24 · span 498353–498360 |