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 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.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Maryjo Cohen | $630,001 | — | $98,166 | — | — | — | $26,132 | $754,299 |
| Chair of the Board, CEO, President, PEO | ||||||||
| Douglas Frederick | 412,337 | — | 39,228 | — | — | — | 25,791 | 477,355 |
| COO, Vice President, Secretary, General Counsel | ||||||||
| John MacKenzie | 299,563 | — | 39,228 | — | — | — | 13,327 | 352,118 |
| Vice President of Sales | ||||||||
| Jeffery Morgan | 258,855 | — | 24,541 | — | — | — | 11,561 | 294,957 |
| Vice President of Engineering | ||||||||
| David Peuse | 215,736 | 10,000 | 24,541 | — | — | — | 17,033 | 267,310 |
| 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Maryjo Cohen | $754,299 | $754,299 | $754,299 | +0 |
| Douglas Frederick | 477,355 | 477,355 | 477,355 | +0 |
| John MacKenzie | 352,118 | 352,118 | 352,118 | +0 |
| Jeffery Morgan | 294,957 | 294,957 | 294,957 | +0 |
| David Peuse | 267,310 | 267,310 | 267,310 | +0 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| David Peuse | RSU | 2025-01-02 | — | — | 254 | — | $24,541 |
| John MacKenzie | RSU | 2025-01-02 | — | — | 406 | — | 39,228 |
| Maryjo Cohen | RSU | 2025-01-02 | — | — | 1,016 | — | 98,166 |
| Douglas Frederick | RSU | 2025-01-02 | — | — | 406 | — | 39,228 |
| Jeffery Morgan | RSU | 2025-01-02 | — | — | 254 | — | 24,541 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| David Peuse | $24,541 | $0 | $0 | 0.0% |
| John MacKenzie | 39,228 | 0 | 0 | 0.0% |
| Maryjo Cohen | 98,166 | 0 | 0 | 0.0% |
| Douglas Frederick | 39,228 | 0 | 0 | 0.0% |
| Jeffery Morgan | 24,541 | 0 | 0 | 0.0% |
% 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 |
|---|---|---|---|---|
| Maryjo Cohen | RSU | 1,825 | — | $194,837 |
| Maryjo Cohen | RSU | 1,219 | — | 130,140 |
| Douglas Frederick | RSU | 1,186 | — | 126,617 |
| Maryjo Cohen | RSU | 1,016 | — | 108,468 |
| David Peuse | RSU | 988 | — | 105,479 |
| Douglas Frederick | RSU | 498 | — | 53,166 |
| Jeffery Morgan | RSU | 482 | — | 51,458 |
| John MacKenzie | RSU | 435 | — | 46,441 |
| David Peuse | RSU | 408 | — | 43,558 |
| Douglas Frederick | RSU | 406 | — | 43,345 |
| John MacKenzie | RSU | 406 | — | 43,345 |
| Jeffery Morgan | RSU | 402 | — | 42,918 |
| John MacKenzie | RSU | 339 | — | 36,192 |
| Maryjo Cohen | RSU | 304 | — | 32,455 |
| David Peuse | RSU | 292 | — | 31,174 |
| David Peuse | RSU | 254 | — | 27,117 |
| Jeffery Morgan | RSU | 254 | — | 27,117 |
| Maryjo Cohen | RSU | 226 | — | 24,128 |
| John MacKenzie | RSU | 219 | — | 23,380 |
| David Peuse | RSU | 186 | — | 19,857 |
| Douglas Frederick | RSU | 169 | — | 18,042 |
| Douglas Frederick | RSU | 121 | — | 12,918 |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-19 | 5,464,831 | 131,988 | 9,343 | 97.64% | Passed |
| 2025 | 2025-05-20 | 5,570,413 | 96,343 | 17,707 | 98.3% | Passed |
| 2024 | 2024-05-21 | 5,902,129 | 92,678 | 16,186 | 98.45% | Passed |
| 2023 | 2023-05-16 | 5,587,049 | 326,722 | 22,574 | 94.48% | Passed |
| 2020 | 2020-05-28 | 5,593,018 | 231,489 | 27,875 | 96.03% | Passed |
| 2017 | 2017-05-16 | 5,530,876 | 120,218 | 21,440 | 97.87% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-19 | 97.64%a |
| 2025 | 2025-05-20 | 98.3%b |
| 2024 | 2024-05-21 | 98.45%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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Joseph G. StienessenIndependent · Audit · Compensation · Nominating/Corporate Governance | $50,000 | — | — | — | — | $50,000 |
| Patrick J. QuinnIndependent · Audit · Compensation · Nominating/Corporate Governance | 50,000 | — | — | — | — | 50,000 |
| Randy F. LiebleIndependent · Audit · Compensation · Nominating/Corporate Governance | 50,000 | — | — | — | — | 50,000 |
| Maryjo CohenEmployee director · Board Chair | — | — | — | — | — | 0 |
| Douglas J. FrederickEmployee director | — | — | — | — | — | 0 |
| 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 | — |
| Component | FY2025 |
|---|---|
| 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.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
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.
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 | Grid Dynamics Holdings, Inc. | 2024 | Leonard Livschitz | $800,000 | $24,596,800 | $0 | $896,000 | $26,304,885 |
| 2 | Arvinas, Inc. | 2025 | John Houston | 706,236 | 2,685,840 | 2,671,051 | 457,000 | 6,534,127 |
| 3 | Replimune Group, Inc. | 2026 | Sushil Patel | 700,000 | 3,376,003 | 1,448,325 | 315,000 | 5,845,982 |
| 4 | Lincoln Educational Services Corporation | 2025 | Scott Shaw | 650,000 | 2,200,000 | 0 | 1,134,688 | 3,999,717 |
| 5 | Douglas Dynamics, Inc. | 2025 | Mark Van Genderen | 651,421 | 1,110,239 | 0 | 1,219,611 | 3,008,565 |
| 6 | Ballard Power Systems, Inc. | 2025 | C. (Dino) Xykis | 598,276 | — | — | 945,612 | 2,425,216 |
| 7 | National Presto Industries | 2025 | Maryjo Cohen | 630,001 | 98,166 | — | — | 754,299 |
| — | Scholastic Corporation | — | — | — | — | — | — | 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.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| National Presto Industries | not disclosed | not disclosed | not disclosed | not disclosed |
| Arvinas, Inc. | 108% | Options 50 · RSU 50 | not disclosed | Aon (Aon's Human Capital Solutions practice, a division of Aon plc) |
| Ballard Power Systems, Inc. | not disclosed | not disclosed | not disclosed | not disclosed |
| Douglas Dynamics, Inc. | 174.2% | PSU 50 · RSU 50 | Yes — Relative TSR | Frederic W. Cook & Co, Inc. |
| Grid Dynamics Holdings, Inc. | 112% | PSU 55 · RSU 45 | No | Pearl Meyer & Partners, LLC |
| Lincoln Educational Services Corporation | not disclosed | RSU 50 · PSU 50 | No | Grant Thornton Advisors LLC |
| Replimune Group, Inc. | not disclosed | not disclosed | No | Pearl Meyer |
| Scholastic Corporation | not disclosed | not disclosed | not disclosed | not 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.
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, Maryjo Cohen | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Executive Compensation”. As printed: 754,299. Filing ↗ |
| 2 | Section 01, Douglas Frederick | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Executive Compensation”. As printed: 477,355. Filing ↗ |
| 3 | Section 01, John MacKenzie | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Executive Compensation”. As printed: 352,118. Filing ↗ |
| 4 | Section 01, Jeffery Morgan | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Executive Compensation”. As printed: 294,957. Filing ↗ |
| 5 | Section 01, David Peuse | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Executive Compensation”. As printed: 267,310. Filing ↗ |
| 6 | Section 03, David Peuse RSU | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 236554–236560 |
| 7 | Section 03, John MacKenzie RSU | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 248097–248103 |
| 8 | Section 03, Maryjo Cohen RSU | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 9 | Section 03, Douglas Frederick RSU | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 242264–242270 |
| 10 | Section 03, Jeffery Morgan RSU | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 253804–253810 |
| 11 | Section 08, Joseph G. Stienessen | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Director Compensation”. As printed: 50,000. Filing ↗machine: span 126358–126364 |
| 12 | Section 08, Patrick J. Quinn | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Director Compensation”. As printed: 50,000. Filing ↗ |
| 13 | Section 08, Randy F. Lieble | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Director Compensation”. As printed: 50,000. Filing ↗machine: span 125442–125448 |
| 14 | Section 08, Maryjo Cohen | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 08, Douglas J. Frederick | DEF 14A | 2026-04-14 | 0001437749-26-012242 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 16 | Section 06, 2026 vote | Form 8-K | 2026-05-21 | 0001437749-26-018109 | Item 5.07 · say-on-pay result. As reported: 97.64% (votes for as printed: 5,464,831). Filing ↗ |
| 17 | Section 06, 2025 vote | Form 8-K | 2025-05-21 | 0001437749-25-018012 | Item 5.07 · say-on-pay result. As reported: 98.3% (votes for as printed: 5,570,413). Filing ↗ |
| 18 | Section 06, 2024 vote | Form 8-K | 2024-05-23 | 0001437749-24-018141 | Item 5.07 · say-on-pay result. As reported: 98.45% (votes for as printed: 5,902,129). Filing ↗ |
| 19 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 20 | 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 |
| 21 | Section 09b board cost (computed) | Computed | — | computed | Cash 150,000 + equity 0 + all other 0 = 150,000, summed across the director compensation table rows.machine: formula: Σ = 150,000 |
| 22 | Grid Dynamics Holdings, Inc., Section 10b CEO total | DEF 14A | 2025-11-10 | 0001104659-25-108878 | CEO total compensation as printed in Grid Dynamics Holdings, Inc.'s own proxy. As printed: 26,304,885. Filing ↗machine: r1 · c41 · span 709033–709043 |
| 23 | Arvinas, Inc., Section 10b CEO total | DEF 14A | 2026-04-29 | 0001628280-26-028156 | CEO total compensation as printed in Arvinas, Inc.'s own proxy. As printed: 6,534,127. Filing ↗machine: t20 · r3 · c22 · span 471921–471930 |
| 24 | Replimune Group, Inc., Section 10b CEO total | DEF 14A | 2026-07-29 | 0001104659-26-087650 | CEO total compensation as printed in Replimune Group, Inc.'s own proxy. As printed: 5,845,982. Filing ↗machine: r1 · c41 · span 430765–430774 |
| 25 | Lincoln Educational Services Corporation, Section 10b CEO total | DEF 14A | 2026-03-26 | 0001140361-26-011290 | CEO 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 |
| 26 | Douglas Dynamics, Inc., Section 10b CEO total | DEF 14A | 2026-03-20 | 0001437749-26-009126 | CEO total compensation as printed in Douglas Dynamics, Inc.'s own proxy. As printed: 3,008,565. Filing ↗machine: t83 · r2 · c29 · span 498646–498655 |
| 27 | Ballard Power Systems, Inc., Section 10b CEO total | DEF 14A | 2026-06-09 | 0001193125-26-263149 | CEO total compensation as printed in Ballard Power Systems, Inc.'s own proxy. As printed: 2,425,216. Filing ↗ |
| 28 | National Presto Industries (subject), Section 10b CEO total | DEF 14A | 2026-04-14 | 0001437749-26-012242 | CEO total compensation as printed in National Presto Industries's own proxy. As printed: 754,299. Filing ↗ |
| 29 | Section 10a, Lincoln Educational Services Corporation reciprocity | DEF 14A | — | 0001140361-26-011290 | Lincoln Educational Services Corporation's most recent proxy was read; its disclosed peer group does not include National Presto Industries. Filing ↗ |
| 30 | Section 10a, Arvinas, Inc. reciprocity | DEF 14A | — | 0001628280-26-028156 | Arvinas, Inc.'s most recent proxy was read; its disclosed peer group does not include National Presto Industries. Filing ↗ |
| 31 | Section 10a, Grid Dynamics Holdings, Inc. reciprocity | DEF 14A | — | 0001104659-25-108878 | Grid Dynamics Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include National Presto Industries. Filing ↗ |
| 32 | Section 10a, Douglas Dynamics, Inc. reciprocity | DEF 14A | — | 0001437749-26-009126 | Douglas Dynamics, Inc.'s most recent proxy was read; its disclosed peer group does not include National Presto Industries. Filing ↗ |