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.
Each company listed discloses MLI 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 MLI in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Gregory Christopher | $1,650,000 | $1,500,000 | $15,227,100 | $0 | $8,250,000 | $0 | $935,673 | $27,562,773 |
| Chief Executive Officer & Chairman | ||||||||
| Jeffrey Martin | 479,142 | 0 | 4,060,560 | 0 | 1,724,913 | 0 | 284,218 | 6,548,833 |
| Executive Vice President, Chief Financial Officer & Treasurer | ||||||||
| Christopher Miritello | 378,861 | 0 | 1,099,735 | 0 | 1,363,898 | 0 | 100,580 | 2,943,074 |
| Executive Vice President, General Counsel & Secretary | ||||||||
| Steffen Sigloch | 283,292 | 0 | 0 | 0 | 770,624 | 0 | 269,440 | 1,323,356 |
| Former Chief Manufacturing Officer | ||||||||
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 |
|---|---|---|---|---|
| Gregory Christopher | $27,562,773 | — | — | — |
| Jeffrey Martin | 6,548,833 | — | — | — |
| Christopher Miritello | 2,943,074 | — | — | — |
| Steffen Sigloch | 1,323,356 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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 |
|---|---|---|---|---|---|---|---|---|
| Gregory L. Christopher | Director | 2026-04-27 | D | 103,266 | $137 | $14,177,389 | Common | Form 4 ↗ |
| Gary S. Gladstein | Director | 2026-05-01 | A | 9,778 | 13 | 123,447 | Common | Form 4 ↗ |
| Gary S. Gladstein | Director | 2026-05-01 | D | 9,778 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Gary S. Gladstein | Director | 2026-05-01 | D | 919 | 134 | 123,367 | Common | Form 4 ↗ |
| Charles P. Herzog, Jr | Director | 2026-05-08 | A | 1,222 | 0 | 0 | Common | Form 4 ↗ |
| Gary S. Gladstein | Director | 2026-05-08 | A | 1,222 | 0 | 0 | Common | Form 4 ↗ |
| Scott J. Goldman | Director | 2026-05-08 | A | 1,222 | 0 | 0 | Common | Form 4 ↗ |
| John B. Hansen | Director | 2026-05-08 | A | 1,222 | 0 | 0 | Common | Form 4 ↗ |
| Charles P. Herzog, Jr | Director | 2026-05-08 | A | 1,222 | 0 | 0 | Common | Form 4 ↗ |
| Elizabeth Donovan | Director | 2026-05-08 | A | 1,222 | 0 | 0 | Common | Form 4 ↗ |
| Charles P. Herzog, Jr | Director | 2026-05-08 | D | 1,222 | 0 | 0 | Common | Form 4 ↗ |
| William C. Drummond | Director | 2026-05-08 | A | 1,222 | 0 | 0 | Common | Form 4 ↗ |
| Terry Hermanson | Director | 2026-05-08 | A | 1,222 | 0 | 0 | Common | Form 4 ↗ |
| Scott J. Goldman | Director | 2026-05-29 | D | 2,000 | 128 | 255,820 | Common | Form 4 ↗ |
| Daniel Pieralisi | Executive VP - Admin | 2026-07-30 | D | 1,808 | 67 | 120,359 | Common | Form 4 ↗ |
| Jeffrey Martin | EVP, CFO & Treasurer | 2026-07-30 | A | 72,000 | 0 | 0 | Common | Form 4 ↗ |
| Gregory L. Christopher | Director | 2026-07-30 | A | 270,000 | 0 | 0 | Common | Form 4 ↗ |
| Gregory L. Christopher | Director | 2026-07-30 | D | 205,972 | 67 | 13,711,556 | Common | Form 4 ↗ |
| Jeffrey Martin | EVP, CFO & Treasurer | 2026-07-30 | D | 57,791 | 67 | 3,847,147 | 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.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Gregory Christopher | PSU | 2025-08-04 | 72,000 | 90,000 | 90,000 | 180,000 | $15,227,100 |
| Jeffrey Martin | PSU | 2025-08-04 | 19,200 | 24,000 | 24,000 | 48,000 | 4,060,560 |
| Christopher Miritello | PSU | 2025-08-04 | 5,200 | 6,500 | 6,500 | 13,000 | 1,099,735 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Gregory Christopher | $0 | $15,227,100 | $0 | 100.0% |
| Jeffrey Martin | 0 | 4,060,560 | 0 | 100.0% |
| Christopher Miritello | 0 | 1,099,735 | 0 | 100.0% |
% 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 |
|---|---|---|---|---|
| Jeffrey Martin | PSU | 56,000 | — | $6,615,280 |
| Steffen Sigloch | RSU | 56,000 | — | 6,615,280 |
| Jeffrey Martin | PSU | 48,000 | — | 5,670,240 |
| Gregory Christopher | RSU | 500,000 | — | 59,065,000 |
| Gregory Christopher | RSU | 270,000 | — | 31,895,100 |
| Gregory Christopher | PSU | 180,000 | — | 21,263,400 |
| Christopher Miritello | RSU | 24,000 | — | 2,835,120 |
| Christopher Miritello | PSU | 18,000 | — | 2,126,340 |
| Christopher Miritello | PSU | 13,000 | — | 1,535,690 |
| Christopher Miritello | RSU | 5,330 | — | 424,002 |
| Steffen Sigloch | PSU | 25,000 | — | 2,953,250 |
| Steffen Sigloch | RSU | 112,000 | — | 9,824,640 |
| Jeffrey Martin | RSU | 72,000 | — | 8,505,360 |
| Gregory Christopher | PSU | 200,000 | — | 23,626,000 |
| Gregory Christopher | RSU | 336,000 | — | 29,473,920 |
| Jeffrey Martin | RSU | 108,000 | — | 9,473,760 |
| Christopher Miritello | RSU | 38,000 | — | 3,333,360 |
We believe in a pay for performance philosophy, such that a material portion of a named executive officer's compensation is dependent upon both the short-term and long-term strategic and financial performance of the Company, considered in light of general economic and specific Company, industry, and competitive conditions.
| CEO STI target (% of salary) | 125% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-07 | 87,587,873 | 4,306,124 | 1,966,756 | 95.31% | Passed |
| 2025 | 2025-05-08 | 82,878,250 | 14,397,940 | 785,824 | 85.2% | Passed |
| 2024 | 2024-05-09 | 94,806,084 | 5,850,131 | 163,374 | 94.19% | Passed |
| 2022 | 2022-05-05 | 44,772,663 | 5,778,624 | 44,947 | 88.57% | Passed |
| 2021 | 2021-05-06 | 48,723,566 | 3,147,846 | 166,962 | 93.93% | Passed |
| 2020 | 2020-05-07 | 39,778,743 | 11,863,101 | 67,707 | 77.03% | 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 | 2026-05-07 | 95.31%a |
| 2025 | 2025-05-08 | 85.2%b |
| 2024 | 2024-05-09 | 94.19%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.
| Ratio (CEO : median employee) | 604 : 1 |
|---|---|
| CEO total compensation | $27,562,773 |
| Median employee compensation | $45,602 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| John B. HansenIndependent · Compensation and Personnel Development | $143,000 | $160,027 | $0 | $0 | $0 | $303,027 |
| Charles P. Herzog, JrIndependent · Audit · Nominating and Governance | 121,000 | 160,027 | 0 | 0 | 0 | 281,027 |
| Elizabeth DonovanIndependent · Nominating and Governance (Chair) · Compensation and Personnel Development | 119,000 | 160,027 | 0 | 0 | 0 | 279,027 |
| William C. DrummondIndependent · Audit | 118,000 | 160,027 | 0 | 0 | 0 | 278,027 |
| Scott J. GoldmanIndependent · Audit (Chair) | 116,000 | 160,027 | 0 | 0 | 0 | 276,027 |
| Terry HermansonIndependent · Lead Independent Director · Nominating and Governance | 113,000 | 160,027 | 0 | 0 | 0 | 273,027 |
| Gary S. GladsteinIndependent · Compensation and Personnel Development (Chair) | 106,000 | 160,027 | 0 | 0 | 0 | 266,027 |
| Gregory L. ChristopherEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $80,000 |
|---|---|
| Annual equity retainer | $160,000 |
| Per board meeting fee | $3,000 |
| Committee chair fees (audit / comp / nom-gov) | 25,000 / 25,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $836,000 |
| Equity awards (grant-date value) | $1,120,189 |
| All other compensation | $0 |
| Total cost of the board | $1,956,189 |
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 | Mueller Industries | 2025 | Gregory Christopher | $1,650,000 | $15,227,100 | $0 | $8,250,000 | $27,562,773 |
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, Gregory Christopher | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “SUMMARY COMPENSATION TABLE FOR 2025” · page 34. As printed: 27,562,773. Filing ↗machine: span 394554–394564 |
| 2 | Section 01, Jeffrey Martin | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “SUMMARY COMPENSATION TABLE FOR 2025” · page 34. As printed: 6,548,833. Filing ↗machine: span 401017–401026 |
| 3 | Section 01, Christopher Miritello | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “SUMMARY COMPENSATION TABLE FOR 2025” · page 34. As printed: 2,943,074. Filing ↗machine: span 412909–412918 |
| 4 | Section 01, Steffen Sigloch | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “SUMMARY COMPENSATION TABLE FOR 2025” · page 34. As printed: 1,323,356. Filing ↗machine: r7 · c24 · span 406474–406483 |
| 5 | Section 03, Gregory Christopher PSU | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. Filing ↗machine: t167 · r3 · c13 · span 430099–430106 |
| 6 | Section 03, Jeffrey Martin PSU | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. Filing ↗machine: t167 · r5 · c12 · span 432927–432933 |
| 7 | Section 03, Christopher Miritello PSU | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “SUMMARY COMPENSATION TABLE FOR” · grants of plan-based awards table. Filing ↗machine: t167 · r9 · c11 · span 439040–439045 |
| 8 | Section 07, pay ratio | DEF 14A | 2026-03-26 | 000130817926000149 | Section “CEO Pay Ratio”. As printed: 604 : 1. Filing ↗machine: span 609977–609982 |
| 9 | Section 08, John B. Hansen | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “Director Compensation”. As printed: 303,027. Filing ↗machine: t95 · r5 · c6 · span 278888–278895 |
| 10 | Section 08, Charles P. Herzog, Jr | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “Director Compensation”. As printed: 281,027. Filing ↗machine: t95 · r7 · c6 · span 279936–279943 |
| 11 | Section 08, Elizabeth Donovan | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “Director Compensation”. As printed: 279,027. Filing ↗machine: t95 · r1 · c6 · span 277430–277437 |
| 12 | Section 08, William C. Drummond | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “Director Compensation”. As printed: 278,027. Filing ↗machine: t95 · r2 · c6 · span 277815–277822 |
| 13 | Section 08, Scott J. Goldman | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “Director Compensation”. As printed: 276,027. Filing ↗machine: t95 · r4 · c6 · span 278544–278551 |
| 14 | Section 08, Terry Hermanson | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “Director Compensation”. As printed: 273,027. Filing ↗machine: t95 · r6 · c6 · span 279269–279276 |
| 15 | Section 08, Gary S. Gladstein | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “Director Compensation”. As printed: 266,027. Filing ↗machine: t95 · r3 · c6 · span 278162–278169 |
| 16 | Section 08, Gregory L. Christopher | DEF 14A | 2026-03-26 | 0001308179-26-000149 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 17 | Section 02, Gregory L. Christopher 2026-04-27 | Form 4 | 2026-04-29 | 0001341985-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Gary S. Gladstein 2026-05-01 | Form 4 | 2026-05-04 | 0001186204-26-000001 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Gary S. Gladstein 2026-05-01 | Form 4 | 2026-05-04 | 0001186204-26-000001 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Gary S. Gladstein 2026-05-01 | Form 4 | 2026-05-04 | 0001186204-26-000001 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Charles P. Herzog, Jr 2026-05-08 | Form 4 | 2026-05-11 | 0001716165-26-000001 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Gary S. Gladstein 2026-05-08 | Form 4 | 2026-05-11 | 0001186204-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Scott J. Goldman 2026-05-08 | Form 4 | 2026-05-11 | 0001422094-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, John B. Hansen 2026-05-08 | Form 4 | 2026-05-11 | 0001464277-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Charles P. Herzog, Jr 2026-05-08 | Form 4 | 2026-05-11 | 0001716165-26-000001 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Elizabeth Donovan 2026-05-08 | Form 4 | 2026-05-11 | 0000312881-26-000001 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, Charles P. Herzog, Jr 2026-05-08 | Form 4 | 2026-05-11 | 0001716165-26-000001 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, William C. Drummond 2026-05-08 | Form 4 | 2026-05-11 | 0001650983-26-000001 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, Terry Hermanson 2026-05-08 | Form 4 | 2026-05-11 | 0001258454-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, Scott J. Goldman 2026-05-29 | Form 4 | 2026-05-29 | 0001422094-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Daniel Pieralisi 2026-07-30 | Form 4 | 2026-07-31 | 0001607675-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 02, Jeffrey Martin 2026-07-30 | Form 4 | 2026-07-31 | 0001307520-26-000001 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, Gregory L. Christopher 2026-07-30 | Form 4 | 2026-07-31 | 0001341985-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, Gregory L. Christopher 2026-07-30 | Form 4 | 2026-07-31 | 0001341985-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Jeffrey Martin 2026-07-30 | Form 4 | 2026-07-31 | 0001307520-26-000001 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 06, 2026 vote | Form 8-K | 2026-05-11 | 0000089439-26-000021 | Item 5.07 · say-on-pay result. As reported: 95.31% (votes for as printed: 87,587,873). Filing ↗ |
| 37 | Section 06, 2025 vote | Form 8-K | 2025-05-12 | 0001193125-25-117764 | Item 5.07 · say-on-pay result. As reported: 85.2% (votes for as printed: 82,878,250). Filing ↗ |
| 38 | Section 06, 2024 vote | Form 8-K | 2024-05-13 | 0000899140-24-000579 | Item 5.07 · say-on-pay result. As reported: 94.19% (votes for as printed: 94,806,084). Filing ↗ |
| 39 | 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 |
| 40 | Section 09b board cost (computed) | Computed | — | computed | Cash 836,000 + equity 1,120,189 + all other 0 = 1,956,189, summed across the director compensation table rows.machine: formula: Σ = 1,956,189 |
| 41 | Mueller Industries (subject), Section 10b CEO total | DEF 14A | 2026-03-26 | 0001308179-26-000149 | CEO total compensation as printed in Mueller Industries's own proxy. As printed: 27,562,773. Filing ↗machine: span 394554–394564 |