Velarion · Company Intelligence
Compensation Brief
Fiscal year 2023 · Filings through 2024-04-02

H&E Equipment Services (HEES)

Fiscal year 2023 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.

$6,295,836
Bradley W. Barber total, FY2023
CEO pay percentile vs peers
83:1
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against HEES
2 companies name HEES as a compensation peer

Each company listed discloses HEES 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 HEES 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 2023

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Bradley W. Barber$907,692$1,684,487$3,599,924$0$0$103,733$6,295,836
Chief Executive Officer and Director
John M. Engquist893,0001,542,8171,190,93800089,9623,716,717
Executive Chairman of the Board
Leslie S. Magee523,712634,317794,9140050,2092,003,152
Chief Financial Officer and Secretary
John McDowell Engquist503,077653,063609,9700044,8471,810,957
Chief Operating Officer and President

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 officerFY2023 totalFY2022 totalFY2021 totalΔ FY20222023
Bradley W. Barber$6,295,836
John M. Engquist3,716,717
Leslie S. Magee2,003,152
John McDowell Engquist1,810,9572,121,470−310,513

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 2023

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
John M. EngquistRSU2023-08-019,806$476,375
John McDowellRSU2023-08-014,800233,184
Leslie S. MageeRSU2023-08-016,545317,956
John M. EngquistPSU2023-08-012,94214,70929,418714,563
Bradley W. BarberRSU2023-08-0134,9931,699,960
Bradley W. BarberPSU2023-08-017,82239,11078,2201,899,964
Leslie S. MageePSU2023-08-011,9649,81819,636476,958
John McDowellPSU2023-08-011,5517,75615,512376,786
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
John M. Engquist$476,375$714,563$060.0%
John McDowell233,184376,786061.8%
Leslie S. Magee317,956476,958060.0%
Bradley W. Barber1,699,9601,899,964052.8%

% 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 2023

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Leslie S. MageeRSU12,438$650,756
John M. EngquistRSU9,806513,050
Bradley W. BarberPSU39,1102,046,235
John M. EngquistPSU20,9991,098,668
John M. EngquistPSU14,709769,575
John M. EngquistPSU7,756405,794
Leslie S. MageeRSU6,545342,434
John M. EngquistPSU10,539551,400
Bradley W. BarberRSU34,9931,830,834
Bradley W. BarberRSU29,9401,566,461
John M. EngquistRSU20,8271,089,669
John M. EngquistRSU9,384490,971
John M. EngquistRSU4,800251,136
Leslie S. MageePSU9,818513,678
Bradley W. BarberPSU31,4541,645,673
Bradley W. BarberPSU23,6961,239,775
John M. EngquistPSU21,6541,132,937
Leslie S. MageePSU12,870673,358
John M. EngquistPSU8,956468,578
John M. EngquistRSU1,991104,169
Bradley W. BarberRSU5,266275,517
John M. EngquistRSU4,667244,177
Leslie S. MageeRSU2,860149,635
Leslie S. MageePSU13,180689,578
07

CEO pay ratio

Ratio (CEO : median employee)83 : 1
CEO total compensation$6,295,836
Median employee compensation
08

Director compensation — fiscal year 2023

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Patrick L. EdsellIndependent · Audit (Chair) · Compensation$120,000$95,012$0$0$0$215,012
Paul N. ArnoldIndependent · Compensation (Chair) · ESG115,00095,012000210,012
Mary P. ThompsonIndependent · Audit · Corporate Governance and Nominating (Chair)110,00095,012000205,012
Bruce C. BruckmannIndependent · Corporate Governance and Nominating · Finance (Chair)110,00095,012000205,012
Thomas J. Galligan IIIIndependent · Audit · Compensation · ESG (Chair)110,00095,012000205,012
Jacob ThomasIndependent · Corporate Governance and Nominating100,00095,012000195,012
Gary W. BagleyIndependent · Lead Independent Director · ESG · Finance100,00095,012000195,012
Lawrence C. KarlsonIndependent · Compensation · Corporate Governance and Nominating100,00095,012000195,012
Suzanne H. WoodIndependent · Audit · Newly elected80,27800080,278
John M. EngquistEmployee director · Board Chair00000
Bradley W. BarberEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$100,000
Annual equity retainer$95,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 20,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2023
Cash retainers and fees$945,278
Equity awards (grant-date value)$760,096
All other compensation$0
Total cost of the board$1,705,374

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
1H&E Equipment Services2023Bradley W. Barber$907,692$3,599,924$0$6,295,836

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, Bradley W. BarberDEF 14A2024-04-020000950170-24-039778Section “SUMMARY COMPENSATION TABLE” · page 28. As printed: 6,295,836. Filing ↗machine: r5 · c25 · span 671019–671028
2Section 01, John M. EngquistDEF 14A2024-04-020000950170-24-039778Section “SUMMARY COMPENSATION TABLE” · page 28. As printed: 3,716,717. Filing ↗machine: r11 · c25 · span 650851–650860
3Section 01, Leslie S. MageeDEF 14A2024-04-020000950170-24-039778Section “SUMMARY COMPENSATION TABLE” · page 28. As printed: 2,003,152. Filing ↗machine: r8 · c25 · span 691204–691213
4Section 01, John McDowell EngquistDEF 14A2024-04-020000950170-24-039778Section “SUMMARY COMPENSATION TABLE” · page 28. As printed: 1,810,957. Filing ↗machine: r11 · c25 · span 711393–711402
5Section 03, John M. Engquist RSUDEF 14A2024-04-020000950170-24-039778Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t20 · r2 · c4 · span 582858–582863
6Section 03, John McDowell RSUDEF 14A2024-04-020000950170-24-039778Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t20 · r5 · c4 · span 608662–608667
7Section 03, Leslie S. Magee RSUDEF 14A2024-04-020000950170-24-039778Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t20 · r4 · c4 · span 600061–600066
8Section 03, John M. Engquist PSUDEF 14A2024-04-020000950170-24-039778Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t20 · r2 · c21 · span 586993–586999
9Section 03, Bradley W. Barber RSUDEF 14A2024-04-020000950170-24-039778Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t20 · r3 · c4 · span 591458–591464
10Section 03, Bradley W. Barber PSUDEF 14A2024-04-020000950170-24-039778Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t20 · r3 · c21 · span 595596–595602
11Section 03, Leslie S. Magee PSUDEF 14A2024-04-020000950170-24-039778Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t20 · r4 · c21 · span 604195–604200
12Section 03, John McDowell PSUDEF 14A2024-04-020000950170-24-039778Section “2023 GRANTS OF PLAN-BASED AWARDS TABLE” · grants of plan-based awards table. Filing ↗machine: t20 · r5 · c21 · span 612796–612801
13Section 07, pay ratioDEF 14A2024-04-020000950170-24-039778Section “CEO Pay Ratio”. As printed: 83 : 1. Filing ↗machine: span 1270434–1270436
14Section 08, Patrick L. EdsellDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 215,012. Filing ↗machine: t16 · r7 · c15 · span 368036–368043
15Section 08, Paul N. ArnoldDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 210,012. Filing ↗machine: t16 · r4 · c15 · span 355564–355571
16Section 08, Mary P. ThompsonDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 205,012. Filing ↗machine: t16 · r11 · c15 · span 384669–384676
17Section 08, Bruce C. BruckmannDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 205,012. Filing ↗machine: t16 · r6 · c15 · span 363878–363885
18Section 08, Thomas J. Galligan IIIDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 205,012. Filing ↗machine: t16 · r8 · c15 · span 372199–372206
19Section 08, Jacob ThomasDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 195,012. Filing ↗machine: t16 · r10 · c15 · span 380512–380519
20Section 08, Gary W. BagleyDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 195,012. Filing ↗machine: t16 · r5 · c15 · span 359719–359726
21Section 08, Lawrence C. KarlsonDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 195,012. Filing ↗machine: t16 · r9 · c15 · span 376359–376366
22Section 08, Suzanne H. WoodDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 80,278. Filing ↗machine: t16 · r12 · c3 · span 385974–385980
23Section 08, John M. EngquistDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 0. Filing ↗
24Section 08, Bradley W. BarberDEF 14A2024-04-020000950170-24-039778Section “Director Compensation”. As printed: 0. Filing ↗
25Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
26Section 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
27Section 09b board cost (computed)ComputedcomputedCash 945,278 + equity 760,096 + all other 0 = 1,705,374, summed across the director compensation table rows.machine: formula: Σ = 1,705,374
28H&E Equipment Services (subject), Section 10b CEO totalDEF 14A2024-04-020000950170-24-039778CEO total compensation as printed in H&E Equipment Services's own proxy. As printed: 6,295,836. Filing ↗machine: r5 · c25 · span 671019–671028