Companies Intest Corp
Intest (INTT): executive pay, fiscal 2025
Free brief. Every figure links to the company’s own filing.
Velarion Intel: free for 3 days, no card →Email me Intest Corp’s executive pay brief as a PDF
You get it on this page the moment you ask, and a copy by email. Every figure is cited to its filing.
After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.
CEO pay, last three years
- $1,136,012FY2023
- $1,121,018FY2024
- $1,099,010FY2025
CEO total pay was $1,099,010 in fiscal 2025, down from $1,121,018 in fiscal 2024.
FY2025: salary $428,915 · bonus $0 · stock awards $400,003 · option awards $210,655
Executives and directors
Frequently asked questions
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.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Richard Grant | $428,915 | $0 | $400,003 | $210,655 | $54,687 | $0 | $4,750 | $1,099,010 |
| President and Chief Executive Officer | ||||||||
| Duncan Gilmour | 282,500 | 0 | 166,673 | 92,486 | 64,269 | 0 | 4,750 | 610,678 |
| Chief Financial Officer, Treasurer and Secretary | ||||||||
| Joseph McManus | 284,500 | 0 | 73,344 | 45,900 | 35,563 | 0 | 4,750 | 444,057 |
| Division President, Electronic Test | ||||||||
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 officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Richard Grant | $1,099,010 | $1,121,018 | $1,136,012 | ↓ −22,008 |
| Duncan Gilmour | 610,678 | 581,224 | 629,996 | ↑ +29,454 |
| Joseph McManus | 444,057 | 517,218 | 532,801 | ↓ −73,161 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The executive compensation program is designed to reflect the performance of the Company and align the executive officers’ interests with those of our stockholders. The program consists of base salary, performance-based short-term incentives, and long-term incentives.
| CEO STI target (% of salary) | 85% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Radford |
| Clawback policy | true |
| Anti-hedging | True |
| Anti-pledging | True |
Equity grants and outstanding awards
Grants of plan-based awards — fiscal year 2025
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Duncan Gilmour | OPTION | — | — | — | — | — | $92,486 |
| Joseph McManus | RSA | — | — | — | — | — | 73,344 |
| Duncan Gilmour | RSA | — | — | — | — | — | 166,673 |
| Joseph McManus | OPTION | — | — | — | — | — | 45,900 |
Vehicle mix — grant-date fair value by award type
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Duncan Gilmour | $0 | $0 | $92,486 | 0.0% |
| Joseph McManus | 0 | 0 | 45,900 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Joseph McManus | RSU | 932 | — | $6,962 |
| Duncan Gilmour | RSU | 1,708 | — | 12,759 |
| Joseph McManus | Option | 1,788 | 16.06 | — |
| Duncan Gilmour | Option | 1,992 | 7.74 | — |
| Joseph McManus | Option | 2,006 | 7.74 | — |
| Richard Grant | Option | 2,327 | 7.74 | — |
| Joseph McManus | RSU | 3,114 | — | 23,262 |
| Duncan Gilmour | Option | 3,212 | 9.76 | — |
| Richard Grant | RSU | 3,416 | — | 25,518 |
| Joseph McManus | Option | 3,470 | 8.14 | — |
| Duncan Gilmour | Option | 4,022 | 16.06 | — |
| Joseph McManus | Option | 4,200 | 11.33 | — |
| Joseph McManus | RSU | 5,663 | — | 42,303 |
| Richard Grant | Option | 6,423 | 9.76 | — |
| Duncan Gilmour | RSU | 7,006 | — | 52,335 |
| Joseph McManus | Option | 7,954 | 7.74 | — |
| Richard Grant | Option | 8,494 | 16.06 | — |
| Joseph McManus | RSU | 9,476 | — | 70,786 |
| Duncan Gilmour | Option | 9,543 | 11.33 | — |
| Duncan Gilmour | RSU | 12,872 | — | 96,154 |
| Richard Grant | RSU | 14,789 | — | 110,474 |
| Duncan Gilmour | Option | 18,077 | 7.74 | — |
| Duncan Gilmour | RSU | 21,534 | — | 160,859 |
| Richard Grant | Option | 22,902 | 11.33 | — |
| Richard Grant | RSU | 30,891 | — | 230,756 |
| Richard Grant | Option | 43,384 | 7.74 | — |
| Richard Grant | RSU | 51,680 | — | 386,050 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Joseph W. Dews IVIndependent · Board Chair · Nominating/Governance · Compensation · Audit | $72,500 | $69,660 | — | — | $0 | $142,160 |
| Jeffrey A. BeckIndependent | 70,000 | 69,660 | — | — | 0 | 139,660 |
| Gerald J. MaginnisIndependent | 58,750 | 69,660 | — | — | 0 | 128,410 |
| Steven J. AbramsIndependent · Audit · Compensation · Nominating/Governance | 50,000 | 69,660 | — | — | 0 | 119,660 |
| Richard N. Grant JrEmployee director · Departed during FY | — | — | — | — | — | 0 |
| Richard RogoffEmployee director | — | — | — | — | — | 0 |
| Karl E. JohnsenIndependent · Audit · Compensation · Nominating/Governance | — | — | — | — | 0 | — |
Board fee structure and ownership guideline
| Annual cash retainer | $25,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 20,000 / 15,000 / 10,000 |
| Stock ownership guideline | $5 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $251,250 |
| Equity awards (grant-date value) | $278,640 |
| All other compensation | $0 |
| Total cost of the board | $529,890 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Intest as a peer
Companies that benchmark against INTT
7 companies name INTT as a compensation peer
- Atomera IncATOMFY2025
- EMCORE CORPEMKRFY2024
- GSI TECHNOLOGY INCGSITFY2026
- KOPIN CORPKOPNFY2025
- MAGNACHIP SEMICONDUCTOR CorpMXFY2025
- PIXELWORKS, INCPXLWFY2025
- QUICKLOGIC CorpQUIKFY2026
Each company listed discloses INTT 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 INTT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Intest Corp | 2025 | Richard Grant | $428,915 | $400,003 | $210,655 | $54,687 | $1,099,010 |
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.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-17 | 6,116,432 | 659,032 | 666,303 | 90.27% | Passed |
| 2025 | 2025-06-18 | 5,610,149 | 630,963 | 886,933 | 89.89% | Passed |
| 2024 | 2024-06-20 | 7,192,074 | 317,372 | 572,000 | 95.77% | Passed |
| 2023 | 2023-06-21 | 4,659,886 | 874,233 | 255,617 | 84.2% | Passed |
| 2022 | 2022-06-22 | 4,384,916 | 656,665 | 692,864 | 86.98% | Passed |
| 2021 | 2021-06-23 | 5,766,800 | 211,352 | 503,223 | 96.46% | 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 year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2026 | 2026-06-17 | 90.27%a |
| 2025 | 2025-06-18 | 89.89%b |
| 2024 | 2024-06-20 | 95.77%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.
CEO pay ratio
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Joseph McManus | Division Pres-Electronic Test | 2026-04-28 | D | 233 | $17 | $3,938 | Common | Form 4 ↗ |
| Richard Rogoff | Director | 2026-04-28 | D | 220 | 17 | 3,718 | Common | Form 4 ↗ |
| Karl E. Johnsen | Director | 2026-06-17 | A | 12,000 | 0 | 0 | Common | Form 4 ↗ |
| Karl E. Johnsen | Director | 2026-06-17 | A | 6,000 | 0 | 0 | Common | Form 4 ↗ |
| Gerald J. Maginnis | Director | 2026-06-17 | D | 6,000 | 0 | 0 | Common | Form 4 ↗ |
| Steven J. Abrams | Director | 2026-06-29 | D | 3,000 | 0 | 0 | Common | Form 4 ↗ |
| Steven J. Abrams | Director | 2026-07-09 | D | 3,000 | 0 | 0 | Common | Form 4 ↗ |
| Steven J. Abrams | Director | 2026-10-05 | D | 3,000 | 0 | 0 | Common | Form 4 ↗ |
| Joseph W. Dews IV | Director | 2026-10-08 | D | 36,000 | 0 | 0 | Common | Form 4 ↗ |
| Joseph W. Dews IV | Director | 2026-10-09 | D | 57,750 | 0 | 0 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (32 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Richard Grant. DEF 14A, filed 2026-04-28. Section “Summary Compensation Table”. As printed: 1,099,010. View filing ↗
- Section 01, Duncan Gilmour. DEF 14A, filed 2026-04-28. Section “Summary Compensation Table”. As printed: 610,678. View filing ↗
- Section 01, Joseph McManus. DEF 14A, filed 2026-04-28. Section “Summary Compensation Table”. As printed: 444,057. View filing ↗
- Section 03, Duncan Gilmour OPTION. DEF 14A, filed 2026-04-28. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
- Section 03, Joseph McManus RSA. DEF 14A, filed 2026-04-28. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
- Section 03, Duncan Gilmour RSA. DEF 14A, filed 2026-04-28. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
- Section 03, Joseph McManus OPTION. DEF 14A, filed 2026-04-28. Section “EXECUTIVE COMPENSATION” · grants of plan-based awards table. View filing ↗
- Section 07, pay ratio. 10-K, filed 2026-03-12. Section “CEO Pay Ratio”. As printed: —. View filing ↗
- Section 08, Joseph W. Dews IV. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 142,160. View filing ↗
- Section 08, Jeffrey A. Beck. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 139,660. View filing ↗
- Section 08, Gerald J. Maginnis. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 128,410. View filing ↗
- Section 08, Steven J. Abrams. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 119,660. View filing ↗
- Section 08, Richard N. Grant Jr. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Richard Rogoff. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: 0. View filing ↗
- Section 08, Karl E. Johnsen. DEF 14A, filed 2026-04-28. Section “Director Compensation”. As printed: —. View filing ↗
- Section 02, Joseph McManus 2026-04-28. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Richard Rogoff 2026-04-28. Form 4, filed 2026-04-29. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Karl E. Johnsen 2026-06-17. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Karl E. Johnsen 2026-06-17. Form 4, filed 2026-06-22. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Gerald J. Maginnis 2026-06-17. Form 4, filed 2026-06-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Steven J. Abrams 2026-06-29. Form 4, filed 2026-07-01. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Steven J. Abrams 2026-07-09. Form 4, filed 2026-07-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Steven J. Abrams 2026-10-05. Form 4, filed 2026-10-05. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Joseph W. Dews IV 2026-10-08. Form 4, filed 2026-10-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Joseph W. Dews IV 2026-10-09. Form 4, filed 2026-10-13. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2026 vote. Form 8-K, filed 2026-06-18. Item 5.07 · say-on-pay result. As reported: 90.27% (votes for as printed: 6,116,432). View filing ↗
- Section 06, 2025 vote. Form 8-K, filed 2025-06-20. Item 5.07 · say-on-pay result. As reported: 89.89% (votes for as printed: 5,610,149). View filing ↗
- Section 06, 2024 vote. Form 8-K, filed 2024-06-25. Item 5.07 · say-on-pay result. As reported: 95.77% (votes for as printed: 7,192,074). View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 03b vehicle mix (computed). Computed. RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).
- Section 09b board cost (computed). Computed. Cash 251,250 + equity 278,640 + all other 0 = 529,890, summed across the director compensation table rows.
- Intest Corp (subject), Section 10b CEO total. DEF 14A, filed 2026-04-28. CEO total compensation as printed in Intest Corp's own proxy. As printed: 1,099,010. View filing ↗