Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-08-27

Kewaunee Scientific (KEQU)

CEO Thomas Hull III was paid $1,965,495 in fiscal year 2026, ↓ down 3.4% from fiscal year 2025 (SEC filing 0001140361-26-027713 ↗): 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.

$1,965,495 ↓
Thomas Hull III total, FY2026
—
CEO pay percentile vs peers
—
CEO-to-median pay ratio
97.74%
Say-on-pay support, latest vote

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KEQU's next annual pay disclosure, estimated July 7, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Thomas Hull III$526,190$0$997,930$0$394,967$0$46,408$1,965,495
President and Chief Executive Officer
Donald Gardner III393,5780356,4050186,144034,243970,370
Vice President Finance and Chief Financial Officer
Douglas Batdorff290,9060178,3940122,844027,684619,828
Vice President of Manufacturing Operations

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 officerFY2026 totalFY2025 totalFY2024 totalΔ FY2025→2026
Thomas Hull III$1,965,495$2,033,939$2,120,403↓ −68,444
Donald Gardner III970,3701,168,974952,979↓ −198,604
Douglas Batdorff619,828636,382551,665↓ −16,554

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against KEQU
1 company names KEQU as a compensation peer

The list of companies that name KEQU as a peer is temporarily unavailable — recheck shortly.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2026 total
David S. RhindIndependent Director$155,000
Donald F. ShawIndependent Director$130,000
J. Jette CampbellIndependent Director$76,603
John D. RussellIndependent Director$130,000
Keith M. GehlIndependent Director$135,000
Margaret B. PyleIndependent Director$130,000
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Donald Gardner IIIRSU1,628—$60,252
Donald Gardner IIIPSU4,657—172,356
Thomas Hull IIIRSU12,664—468,695
Thomas Hull IIIRSU5,282—195,457
Thomas Hull IIIPSU43,393—1,605,975
Donald Gardner IIIPSU17,095—632,686
Thomas Hull IIIPSU12,664—468,695
Thomas Hull IIIPSU11,884—439,827
Douglas BatdorffPSU5,609—207,589
Donald Gardner IIIRSU4,524—167,433
Donald Gardner IIIPSU4,523—167,396
Thomas Hull IIIRSU4,132—152,925
Douglas BatdorffPSU2,485—91,970
Douglas BatdorffRSU2,264—83,791
Douglas BatdorffPSU2,264—83,791
Donald Gardner IIIRSU2,070—76,611
Douglas BatdorffRSU1,105—40,896
Douglas BatdorffRSU535—19,800
05

Incentive-plan design — the Compensation Discussion & Analysis

The executive compensation program is designed to reflect modern compensation practices, reward short-term and long-term performance consistent with the Company's strategy to drive revenue growth and margin expansion, and align the interests of management with the interests of stockholders.

CEO STI target (% of salary)80%
CEO LTI target (% of salary)—
Independent consultantNot named (committee engaged a compensation consultant on a limited basis in 2025 and 2026 but did not disclose the firm name)
Clawback policytrue
Anti-hedgingfalse
Anti-pledgingFalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-08-261,586,49636,6161,64397.74%Passed
20252025-08-271,448,991103,177270,12893.35%Passed
20242024-08-281,440,6933,005234,32199.79%Passed
20232023-08-231,839,98365,79213,75896.55%Passed
20222022-08-241,771,297105,8069,42994.36%Passed
20212021-08-251,241,208236,1045,41384.02%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 yearMeeting dateApproval — company's computation
20262026-08-2697.74%a
20252025-08-2793.35%b
20242024-08-2899.79%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.

07

CEO pay ratio

Ratio (CEO : median employee)—
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2026

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
David S. RhindIndependent · Compensation · Nominating and Corporate Governance$155,000$0$0—$0$155,000
Keith M. GehlIndependent · Compensation · Audit (Chair) · Nominating and Corporate Governance74,99260,0080—0135,000
Donald F. ShawIndependent · Compensation · Audit · Financial/Planning (Chair)130,00000—0130,000
Margaret B. PyleIndependent · Compensation · Financial/Planning · Nominating and Corporate Governance (Chair)69,99260,0080—0130,000
John D. RussellIndependent · Compensation (Chair) · Audit · Financial/Planning69,99260,0080—0130,000
J. Jette CampbellIndependent · Audit · Financial/Planning · Partial-year service38,24938,3540—076,603
Thomas D. Hull IIIEmployee director · Financial/Planning000—00
09

Board fee structure and ownership guideline

Annual cash retainer$60,000
Annual equity retainer$60,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)15,000 / 10,000 / 10,000
Stock ownership guideline$360,000
09b

Total cost of the board

ComponentFY2026
Cash retainers and fees$538,225
Equity awards (grant-date value)$218,378
All other compensation$0
Total cost of the board$756,603

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
1Kewaunee Scientific2026Thomas Hull III$526,190$997,930$0$394,967$1,965,495

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.

10d

Frequently asked questions

Who was the highest-paid executive at Kewaunee Scientific in fiscal 2026?
As disclosed, Thomas Hull III (President and Chief Executive Officer) was the highest-paid executive at Kewaunee Scientific in fiscal 2026, with total compensation of $1,965,495.
How did shareholders vote on Kewaunee Scientific's executive compensation?
As disclosed, 97.74% of shareholders supported Kewaunee Scientific's executive compensation in the latest say-on-pay vote.
How much does Kewaunee Scientific spend in total on board compensation for fiscal 2026?
As disclosed, Kewaunee Scientific reported total board compensation of $756,603 for fiscal 2026.

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.

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, Thomas Hull IIIDEF 14A2026-07-070001140361-26-027713Section “Summary Compensation Table” · page 3. As printed: 1,965,495. Filing ↗machine: t21 · r2 · c21 · span 177361–177370
2Section 01, Donald Gardner IIIDEF 14A2026-07-070001140361-26-027713Section “Summary Compensation Table” · page 3. As printed: 970,370. Filing ↗machine: t21 · r4 · c21 · span 185266–185273
3Section 01, Douglas BatdorffDEF 14A2026-07-070001140361-26-027713Section “Summary Compensation Table” · page 3. As printed: 619,828. Filing ↗machine: r6 · c21 · span 193107–193114
4Section 07, pay ratio10-K2026-06-260000055529-26-000020Section “CEO Pay Ratio”. As printed: —. Filing ↗
5Section 08, David S. RhindDEF 14A2026-07-070001140361-26-027713Section “Director Compensation”. As printed: 155,000. Filing ↗machine: span 81978–82158
6Section 08, Keith M. GehlDEF 14A2026-07-070001140361-26-027713Section “Director Compensation”. As printed: 135,000. Filing ↗machine: span 79167–79345
7Section 08, Donald F. ShawDEF 14A2026-07-070001140361-26-027713Section “Director Compensation”. As printed: 130,000. Filing ↗machine: span 85724–85904
8Section 08, Margaret B. PyleDEF 14A2026-07-070001140361-26-027713Section “Director Compensation”. As printed: 130,000. Filing ↗machine: span 81198–81376
9Section 08, John D. RussellDEF 14A2026-07-070001140361-26-027713Section “Director Compensation”. As printed: 130,000. Filing ↗machine: span 84992–85170
10Section 08, J. Jette CampbellDEF 14A2026-07-070001140361-26-027713Section “Director Compensation”. As printed: 76,603. Filing ↗machine: span 77370–77587
11Section 08, Thomas D. Hull IIIDEF 14A2026-07-070001140361-26-027713Section “Director Compensation”. As printed: 0. Filing ↗
12Section 06, 2026 voteForm 8-K2026-08-270000055529-26-000028Item 5.07 · say-on-pay result. As reported: 97.74% (votes for as printed: 1,586,496). Filing ↗
13Section 06, 2025 voteForm 8-K2025-08-290001193125-25-192132Item 5.07 · say-on-pay result. As reported: 93.35% (votes for as printed: 1,448,991). Filing ↗
14Section 06, 2024 voteForm 8-K2024-08-290001193125-24-209910Item 5.07 · say-on-pay result. As reported: 99.79% (votes for as printed: 1,440,693). Filing ↗
15Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
16Section 09b board cost (computed)Computed——Cash 538,225 + equity 218,378 + all other 0 = 756,603, summed across the director compensation table rows.machine: formula: Σ = 756,603
17Kewaunee Scientific (subject), Section 10b CEO totalDEF 14A2026-07-070001140361-26-027713CEO total compensation as printed in Kewaunee Scientific's own proxy. As printed: 1,965,495. Filing ↗machine: t21 · r2 · c21 · span 177361–177370

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