Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-07

National Presto Industries (NPK)

CEO Maryjo Cohen was paid $754,299 in fiscal year 2025, ↑ up 14.6% from fiscal year 2024, the 1st percentile of its disclosed peer group (SEC filing 0001437749-26-012242 ↗): 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.

$754,299 ↑
Maryjo Cohen total, FY2025
1st
CEO pay percentile vs peers
—
CEO-to-median pay ratio
97.64%
Say-on-pay support, latest vote

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Sample answer — “What is the CEO’s total compensation?”
- Maryjo Cohen (Chair of the Board, CEO, President, PEO), FY2025 total compensation $754,299 (base salary $630,001) [exec_comp, SEC accession 0001437749-26-012242, filed 2026-04-14]

Answered within 24 hours, every figure cited to its SEC filing. If our database cannot answer your question, you are refunded automatically.

NPK's next annual pay disclosure, estimated April 14, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Maryjo Cohen$630,001—$98,166———$26,132$754,299
Chair of the Board, CEO, President, PEO
Douglas Frederick412,337—39,228———25,791477,355
COO, Vice President, Secretary, General Counsel
John MacKenzie299,563—39,228———13,327352,118
Vice President of Sales
Jeffery Morgan258,855—24,541———11,561294,957
Vice President of Engineering
David Peuse215,73610,00024,541———17,033267,310
CFO, Treasurer, PFO

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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY2024→2025
Maryjo Cohen$754,299$658,422$653,625↑ +95,877
Douglas Frederick477,355468,244412,250↑ +9,111
John MacKenzie352,118341,209288,973↑ +10,909
Jeffery Morgan294,957265,666252,546↑ +29,291
David Peuse267,310251,244225,488↑ +16,066

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 NPK
3 companies name NPK as a compensation peer

Each company listed discloses NPK 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 NPK in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01c

Board of directors

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

DirectorRoleFY2025 total
Joseph G. StienessenIndependent Director—
Patrick J. QuinnIndependent Director—
Randy F. LiebleIndependent Director—
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 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
John MacKenzieRSU2025-01-02——406—$39,228
David PeuseRSU2025-01-02——254—24,541
Douglas FrederickRSU2025-01-02——406—39,228
Jeffery MorganRSU2025-01-02——254—24,541
Maryjo CohenRSU2025-01-02——1,016—98,166
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
John MacKenzie$39,228$0$00.0%
David Peuse24,541000.0%
Douglas Frederick39,228000.0%
Jeffery Morgan24,541000.0%
Maryjo Cohen98,166000.0%

% 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 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Douglas FrederickRSU406—$43,345
David PeuseRSU988—105,479
John MacKenzieRSU219—23,380
Maryjo CohenRSU1,825—194,837
Maryjo CohenRSU1,219—130,140
David PeuseRSU292—31,174
Douglas FrederickRSU498—53,166
Jeffery MorganRSU402—42,918
Jeffery MorganRSU254—27,117
John MacKenzieRSU406—43,345
David PeuseRSU254—27,117
Douglas FrederickRSU1,186—126,617
Maryjo CohenRSU1,016—108,468
Maryjo CohenRSU226—24,128
Douglas FrederickRSU169—18,042
Jeffery MorganRSU482—51,458
David PeuseRSU186—19,857
Douglas FrederickRSU121—12,918
John MacKenzieRSU435—46,441
John MacKenzieRSU339—36,192
David PeuseRSU408—43,558
Maryjo CohenRSU304—32,455
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's executive compensation program is intended to provide fair compensation based on performance and contributions, attract and retain key executives, instill long-term commitment, and develop a sense of ownership. The program focuses on base salary as the principal element, supplemented by discretionary bonuses and restricted stock awards to align executive interests with long-term stockholder value.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultant—
Clawback policytrue
Anti-hedgingfalse
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-195,464,831131,9889,34397.64%Passed
20252025-05-205,570,41396,34317,70798.3%Passed
20242024-05-215,902,12992,67816,18698.45%Passed
20232023-05-165,587,049326,72222,57494.48%Passed
20202020-05-285,593,018231,48927,87596.03%Passed
20172017-05-165,530,876120,21821,44097.87%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
20262026-05-1997.64%a
20252025-05-2098.3%b
20242024-05-2198.45%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes do not constitute a vote "for" or "against" the proposal and will be disregarded in the calculation of votes cast and have no effect on the outcome of the proposal.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes do not constitute a vote "for" or "against" the proposal and will be disregarded in the calculation of votes cast and have no effect on the outcome of the proposal.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes do not constitute a vote "for" or "against" the proposal and will be disregarded in the calculation of votes cast and have no effect on the outcome of 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.

08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Douglas J. FrederickEmployee director—————$0
Maryjo CohenEmployee director · Board Chair—————0
Patrick J. QuinnIndependent · Audit · Compensation · Nominating/Corporate Governance50,00000—0—
Randy F. LiebleIndependent · Audit · Compensation · Nominating/Corporate Governance50,00000—0—
Joseph G. StienessenIndependent · Audit · Compensation · Nominating/Corporate Governance50,00000—0—
09

Board fee structure and ownership guideline

Annual cash retainer$32,250
Annual equity retainer$10,750
Per board meeting fee$1,500
Committee chair fees (audit / comp / nom-gov)—
Stock ownership guideline—
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$150,000
Equity awards (grant-date value)$0
All other compensation$0
Total cost of the board$150,000

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies National Presto Industries names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including National Presto Industries.

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
1Grid Dynamics Holdings, Inc.2024Leonard Livschitz$800,000$24,596,800$0$896,000$26,304,885
2Arvinas, Inc.2025John Houston706,2362,685,8402,671,051457,0006,534,127
3Replimune Group, Inc.2026Sushil Patel700,0003,376,0031,448,325315,0005,845,982
4Lincoln Educational Services Corporation2025Scott Shaw650,0002,200,00001,134,6883,999,717
5Scholastic Corporation2026Peter Warwick1,079,2311,374,978125,0161,101,8083,742,972
6Douglas Dynamics, Inc.2025Mark Van Genderen651,4211,110,23901,219,6113,008,565
7Ballard Power Systems, Inc.2025C. (Dino) Xykis598,27600945,6122,425,216
8Seneca Foods Corporation2026Paul Palmby804,58300402,2911,304,968
9National Presto Industries2025Maryjo Cohen630,00198,166——754,299
—American Axle & Manufacturing Holdings, Inc.——————not in coverage universe

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
National Presto Industriesnot disclosedRestricted Stock 100not disclosednot disclosed
American Axle & Manufacturing Holdings, Inc.not disclosedPSU 30 · PRSU 30not disclosedMeridian Compensation Partners LLC
Arvinas, Inc.108%Options 50 · RSU 50not disclosedAon (Aon's Human Capital Solutions practice, a division of Aon plc)
Ballard Power Systems, Inc.not disclosednot disclosednot disclosednot disclosed
Douglas Dynamics, Inc.174.2%PSU 50 · RSU 50Yes — Relative TSRFrederic W. Cook & Co, Inc.
Grid Dynamics Holdings, Inc.not disclosedPSU 55 · RSU 45NoPearl Meyer & Partners, LLC
Lincoln Educational Services Corporation174.6%RSU 50 · PSU 50NoGrant Thornton Advisors LLC
Replimune Group, Inc.not disclosednot disclosedNoPearl Meyer
Scholastic Corporationnot disclosednot disclosednot disclosedPay Governance LLC
Seneca Foods Corporationnot disclosedRestricted Stock 100not disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at National Presto Industries in fiscal 2025?
As disclosed, Maryjo Cohen (Chair of the Board, CEO, President, PEO) was the highest-paid executive at National Presto Industries in fiscal 2025, with total compensation of $754,299.
How does National Presto Industries's chief executive pay compare to its disclosed peer group?
As disclosed, Maryjo Cohen's total compensation ranked at the 1st percentile of National Presto Industries's disclosed peer group.
How did shareholders vote on National Presto Industries's executive compensation?
As disclosed, 97.64% of shareholders supported National Presto Industries's executive compensation in the latest say-on-pay vote.
How much does National Presto Industries spend in total on board compensation for fiscal 2025?
As disclosed, National Presto Industries reported total board compensation of $150,000 for fiscal 2025.

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, Maryjo CohenDEF 14A2026-04-140001437749-26-012242Section “Executive Compensation”. As printed: 754,299. Filing ↗
2Section 01, Douglas FrederickDEF 14A2026-04-140001437749-26-012242Section “Executive Compensation”. As printed: 477,355. Filing ↗
3Section 01, John MacKenzieDEF 14A2026-04-140001437749-26-012242Section “Executive Compensation”. As printed: 352,118. Filing ↗
4Section 01, Jeffery MorganDEF 14A2026-04-140001437749-26-012242Section “Executive Compensation”. As printed: 294,957. Filing ↗
5Section 01, David PeuseDEF 14A2026-04-140001437749-26-012242Section “Executive Compensation”. As printed: 267,310. Filing ↗
6Section 03, John MacKenzie RSUDEF 14A2026-04-140001437749-26-012242Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 248097–248103
7Section 03, David Peuse RSUDEF 14A2026-04-140001437749-26-012242Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 236554–236560
8Section 03, Douglas Frederick RSUDEF 14A2026-04-140001437749-26-012242Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 242264–242270
9Section 03, Jeffery Morgan RSUDEF 14A2026-04-140001437749-26-012242Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 253804–253810
10Section 03, Maryjo Cohen RSUDEF 14A2026-04-140001437749-26-012242Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
11Section 08, Douglas J. FrederickDEF 14A2026-04-140001437749-26-012242Section “Director Compensation”. As printed: 0. Filing ↗
12Section 08, Maryjo CohenDEF 14A2026-04-140001437749-26-012242Section “Director Compensation”. As printed: 0. Filing ↗
13Section 08, Patrick J. QuinnDEF 14A2026-04-140001437749-26-012242Section “Director Compensation”. As printed: —. Filing ↗machine: span 125442–125448
14Section 08, Randy F. LiebleDEF 14A2026-04-140001437749-26-012242Section “Director Compensation”. As printed: —. Filing ↗machine: span 127333–127339
15Section 08, Joseph G. StienessenDEF 14A2026-04-140001437749-26-012242Section “Director Compensation”. As printed: —. Filing ↗machine: span 126358–126364
16Section 06, 2026 voteForm 8-K2026-05-210001437749-26-018109Item 5.07 · say-on-pay result. As reported: 97.64% (votes for as printed: 5,464,831). Filing ↗
17Section 06, 2025 voteForm 8-K2025-05-210001437749-25-018012Item 5.07 · say-on-pay result. As reported: 98.3% (votes for as printed: 5,570,413). Filing ↗
18Section 06, 2024 voteForm 8-K2024-05-230001437749-24-018141Item 5.07 · say-on-pay result. As reported: 98.45% (votes for as printed: 5,902,129). Filing ↗
19Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
20Section 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).machine: formula: sums + PSU ratio
21Section 09b board cost (computed)Computed——Cash 150,000 + equity 0 + all other 0 = 150,000, summed across the director compensation table rows.machine: formula: Σ = 150,000
22Grid Dynamics Holdings, Inc., Section 10b CEO totalDEF 14A2025-11-100001104659-25-108878CEO total compensation as printed in Grid Dynamics Holdings, Inc.'s own proxy. As printed: 26,304,885. Filing ↗machine: r1 · c41 · span 709033–709043
23Arvinas, Inc., Section 10b CEO totalDEF 14A2026-04-290001628280-26-028156CEO total compensation as printed in Arvinas, Inc.'s own proxy. As printed: 6,534,127. Filing ↗machine: t20 · r3 · c22 · span 471921–471930
24Replimune Group, Inc., Section 10b CEO totalDEF 14A2026-07-290001104659-26-087650CEO total compensation as printed in Replimune Group, Inc.'s own proxy. As printed: 5,845,982. Filing ↗machine: r1 · c41 · span 430765–430774
25Lincoln Educational Services Corporation, Section 10b CEO totalDEF 14A2026-03-260001140361-26-011290CEO total compensation as printed in Lincoln Educational Services Corporation's own proxy. As printed: 3,999,717. Filing ↗machine: t95 · r2 · c19 · span 616298–616307
26Scholastic Corporation, Section 10b CEO totalDEF 14A2026-08-070001193125-26-340209CEO total compensation as printed in Scholastic Corporation's own proxy. As printed: 3,742,972. Filing ↗machine: span 567857–567866
27Douglas Dynamics, Inc., Section 10b CEO totalDEF 14A2026-03-200001437749-26-009126CEO total compensation as printed in Douglas Dynamics, Inc.'s own proxy. As printed: 3,008,565. Filing ↗
28Ballard Power Systems, Inc., Section 10b CEO totalDEF 14A2026-06-090001193125-26-263149CEO total compensation as printed in Ballard Power Systems, Inc.'s own proxy. As printed: 2,425,216. Filing ↗machine: r3 · c25 · span 293472–293481
29Seneca Foods Corporation, Section 10b CEO totalDEF 14A2026-07-070001437749-26-022933CEO total compensation as printed in Seneca Foods Corporation's own proxy. As printed: 1,304,968. Filing ↗machine: span 190773–190782
30National Presto Industries (subject), Section 10b CEO totalDEF 14A2026-04-140001437749-26-012242CEO total compensation as printed in National Presto Industries's own proxy. As printed: 754,299. Filing ↗
31Section 10a, Scholastic Corporation reciprocityDEF 14A—0001193125-26-340209Scholastic Corporation's most recent proxy was read; its disclosed peer group does not include National Presto Industries. Filing ↗
32Section 10a, Arvinas, Inc. reciprocityDEF 14A—0001628280-26-028156Arvinas, Inc.'s most recent proxy was read; its disclosed peer group does not include National Presto Industries. Filing ↗
33Section 10a, Lincoln Educational Services Corporation reciprocityDEF 14A—0001140361-26-011290Lincoln Educational Services Corporation's most recent proxy was read; its disclosed peer group does not include National Presto Industries. Filing ↗
34Section 10a, Douglas Dynamics, Inc. reciprocityDEF 14A—0001437749-26-009126Douglas Dynamics, Inc.'s most recent proxy was read; its disclosed peer group does not include National Presto Industries. Filing ↗
35Section 10a, Grid Dynamics Holdings, Inc. reciprocityDEF 14A—0001104659-25-108878Grid Dynamics Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include National Presto Industries. Filing ↗