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 OTTR 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 OTTR 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 |
|---|---|---|---|---|---|---|---|---|
| Charles MacFarlane | $867,578 | $130,137 | $3,149,276 | $0 | $1,471,194 | $376,689 | $797,814 | $6,792,688 |
| President and Chief Executive Officer | ||||||||
| Timothy Rogelstad | 475,000 | 99,750 | 533,768 | 0 | 289,202 | 393,942 | 150,114 | 1,941,776 |
| Senior Vice President, Electric Platform; President, Otter Tail Power Company | ||||||||
| Todd Wahlund | 455,000 | 32,533 | 473,580 | 0 | 424,361 | 296,325 | 82,397 | 1,764,196 |
| Vice President and Chief Financial Officer | ||||||||
| John Abbott | 475,000 | 79,800 | 533,768 | 0 | 446,595 | 0 | 107,465 | 1,642,628 |
| Senior Vice President, Manufacturing Platform; President, Varistar Corporation | ||||||||
| Jennifer Smestad | 451,250 | 74,456 | 375,908 | 0 | 373,548 | 153,190 | 81,340 | 1,509,692 |
| Senior Vice President, General Counsel and Corporate Secretary | ||||||||
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 |
|---|---|---|---|---|
| Charles MacFarlane | $6,792,688 | $6,388,314 | $5,823,726 | +404,374 |
| Timothy Rogelstad | 1,941,776 | 1,706,252 | 1,635,900 | +235,524 |
| Todd Wahlund | 1,764,196 | 1,527,659 | — | +236,537 |
| John Abbott | 1,642,628 | 1,594,300 | 1,486,524 | +48,328 |
| Jennifer Smestad | 1,509,692 | 1,409,301 | 1,280,600 | +100,391 |
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 |
|---|---|---|---|---|---|---|---|---|
| Dividend-equivalent accruals | 2026-04-08 | — | 460 | — | — | 1 insider, 1 accrual row | ||
| Todd Wahlund | Chief Financial Officer | 2026-04-08 | D | 186 | 90 | 16,760 | Common | Form 4 ↗ |
| Todd Wahlund | Chief Financial Officer | 2026-04-08 | A | 460 | 90 | 41,451 | Common | Form 4 ↗ |
| Christopher B. Clark | Director | 2026-04-13 | A | 1,900 | — | — | Common | Form 4 ↗ |
| Steven P. Rasche | Director | 2026-04-13 | A | 1,900 | — | — | Common | Form 4 ↗ |
| Michael E. LeBeau | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-04-13 | — | 2,500 | — | — | 3 insiders, 3 accrual rows | ||
| Jennifer Smestad | SVP General Counsel & Corp Sec | 2026-04-13 | A | 5,800 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Kathryn O. Johnson | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| Mary E. Ludford | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| John D. Erickson | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| Nathan I. Partain | Director | 2026-04-13 | A | 2,000 | — | — | Common | Form 4 ↗ |
| Jeanne H. Crain | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| Thomas J. Webb | Director | 2026-04-13 | A | 1,500 | — | — | 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.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Todd Wahlund | Chief Financial Officer | 2026-04-08 | D | 460 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Todd Wahlund | Chief Financial Officer | 2026-04-08 | D | 186 | 90 | 16,760 | Common | Form 4 ↗ |
| Todd Wahlund | Chief Financial Officer | 2026-04-08 | A | 460 | 90 | 41,451 | Common | Form 4 ↗ |
| Christopher B. Clark | Director | 2026-04-13 | A | 1,900 | — | — | Common | Form 4 ↗ |
| Steven P. Rasche | Director | 2026-04-13 | A | 1,900 | — | — | Common | Form 4 ↗ |
| Michael E. LeBeau | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| Todd Wahlund | Senior Vice President | 2026-04-13 | A | 300 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Timothy Rogelstad | President | 2026-04-13 | A | 1,400 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Jennifer Smestad | SVP General Counsel & Corp Sec | 2026-04-13 | A | 5,800 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Tyler J. Nelson | VP, Chief Financial Officer | 2026-04-13 | A | 800 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Kathryn O. Johnson | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| Mary E. Ludford | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| John D. Erickson | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| Nathan I. Partain | Director | 2026-04-13 | A | 2,000 | — | — | Common | Form 4 ↗ |
| Jeanne H. Crain | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| Thomas J. Webb | Director | 2026-04-13 | A | 1,500 | — | — | Common | Form 4 ↗ |
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Charles MacFarlane | RSU | 2025-02-11 | — | — | 16,000 | — | $32,000 |
| Todd Wahlund | RSU | 2025-02-11 | — | — | 2,400 | — | 4,800 |
| Charles MacFarlane | RSU | 2025-02-11 | — | — | 9,900 | — | 784,476 |
| Jennifer Smestad | RSU | 2025-01-01 | — | — | 124,094 | — | 248,188 |
| John Abbott | RSU | 2025-01-01 | — | — | 142,500 | — | 285,000 |
| Timothy Rogelstad | RSU | 2025-02-11 | — | — | 1,700 | — | 134,708 |
| Charles MacFarlane | RSU | 2025-01-01 | — | — | 433,789 | — | 867,578 |
| John Abbott | RSU | 2025-02-11 | — | — | 1,700 | — | 134,708 |
| Todd Wahlund | RSU | 2025-01-01 | — | — | 125,125 | — | 250,250 |
| Timothy Rogelstad | RSU | 2025-01-01 | — | — | 142,500 | — | 285,000 |
| Timothy Rogelstad | RSU | 2025-02-11 | — | — | 2,700 | — | 5,400 |
| John Abbott | RSU | 2025-02-11 | — | — | 2,700 | — | 5,400 |
| Jennifer Smestad | RSU | 2025-02-11 | — | — | 1,900 | — | 3,800 |
| Todd Wahlund | RSU | 2025-02-11 | — | — | 1,500 | — | 118,860 |
| Jennifer Smestad | RSU | 2025-02-11 | — | — | 1,200 | — | 95,088 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Charles MacFarlane | $1,684,054 | $0 | $0 | 0.0% |
| Todd Wahlund | 373,910 | 0 | 0 | 0.0% |
| Jennifer Smestad | 347,076 | 0 | 0 | 0.0% |
| John Abbott | 425,108 | 0 | 0 | 0.0% |
| Timothy Rogelstad | 425,108 | 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 |
|---|---|---|---|---|
| Timothy Rogelstad | PSU | 8,400 | — | $678,804 |
| Timothy Rogelstad | RSU | 1,050 | — | 84,851 |
| Timothy Rogelstad | RSU | 900 | — | 72,729 |
| Todd Wahlund | RSU | 460 | — | 37,173 |
| Charles MacFarlane | RSU | 5,925 | — | 478,799 |
| Timothy Rogelstad | RSU | 1,700 | — | 137,377 |
| Charles MacFarlane | PSU | 48,000 | — | 3,878,880 |
| Charles MacFarlane | RSU | 9,900 | — | 800,019 |
| Timothy Rogelstad | PSU | 6,300 | — | 509,103 |
| Jennifer Smestad | PSU | 4,500 | — | 363,645 |
| Jennifer Smestad | PSU | 6,000 | — | 484,860 |
| John Abbott | PSU | 8,400 | — | 678,804 |
| Todd Wahlund | RSU | 900 | — | 72,729 |
| John Abbott | PSU | 8,100 | — | 654,561 |
| John Abbott | RSU | 400 | — | 32,324 |
| Charles MacFarlane | RSU | 5,000 | — | 404,050 |
| Jennifer Smestad | RSU | 650 | — | 52,527 |
| John Abbott | RSU | 1,700 | — | 137,377 |
| Timothy Rogelstad | RSU | 400 | — | 32,324 |
| Charles MacFarlane | PSU | 36,300 | — | 2,933,403 |
| Jennifer Smestad | PSU | 5,700 | — | 460,617 |
| Todd Wahlund | PSU | 7,200 | — | 581,832 |
| John Abbott | PSU | 6,300 | — | 509,103 |
| John Abbott | RSU | 1,050 | — | 84,851 |
| Todd Wahlund | RSU | 600 | — | 48,486 |
| John Abbott | RSU | 900 | — | 72,729 |
| Charles MacFarlane | PSU | 47,700 | — | 3,854,637 |
| Timothy Rogelstad | PSU | 8,100 | — | 654,561 |
| Todd Wahlund | PSU | 5,400 | — | 436,374 |
| Charles MacFarlane | RSU | 2,175 | — | 175,762 |
| Todd Wahlund | RSU | 1,500 | — | 121,215 |
| Jennifer Smestad | RSU | 1,200 | — | 96,972 |
| Jennifer Smestad | RSU | 750 | — | 60,608 |
| Jennifer Smestad | RSU | 144 | — | 11,637 |
Executive compensation at Otter Tail Corporation is focused on results, with approximately 70% of executive officer target direct compensation at risk and contingent on company performance. Total direct compensation combines base pay, annual cash incentive, and stock-based long-term incentive, designed to reflect a strong bias towards pay for performance. Incentives are aligned with the annual business plan and long-term growth model, with safety, financial performance, people and culture, sustainability, and individual performance as key metrics.
| CEO STI target (% of salary) | 100% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | WTW |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | true |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-04-13 | 27,362,072 | 672,105 | 365,388 | 96.35% | Passed |
| 2025 | 2025-04-14 | 26,315,793 | 673,258 | 257,635 | 97.51% | Passed |
| 2024 | 2024-04-08 | 26,863,245 | 749,226 | 383,152 | 97.29% | Passed |
| 2023 | 2023-04-17 | 26,134,940 | 696,211 | 412,280 | 97.41% | Passed |
| 2022 | 2022-04-11 | 25,085,022 | 766,358 | 356,936 | 97.04% | Passed |
| 2021 | 2021-04-12 | 24,541,566 | 1,073,113 | 430,169 | 95.81% | 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 | 2026-04-13 | 96.35%a |
| 2025 | 2025-04-14 | 97.51%b |
| 2024 | 2024-04-08 | 97.29%c |
a. Approved under the standard stated in the filing — “Any abstentions will have the same effect as a vote against the proposal.”.
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) | 81 : 1 |
|---|---|
| CEO total compensation | $6,792,688 |
| Median employee compensation | $84,375 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Nathan I. PartainIndependent · Board Chair · Audit · Corporate Governance | $148,000 | $170,698 | $0 | $0 | $0 | $318,698 |
| Steven L. FritzeIndependent · Audit (Chair) · Corporate Governance · Not standing for re-election | 115,000 | 131,903 | 0 | 0 | 0 | 246,903 |
| Thomas J. WebbIndependent · Audit · Compensation and Human Capital Management (Chair) | 109,000 | 131,903 | 0 | 0 | 0 | 240,903 |
| Michael E. LeBeauIndependent · Compensation and Human Capital Management · Corporate Governance (Chair) | 109,000 | 131,903 | 0 | 0 | 0 | 240,903 |
| Jeanne H. CrainIndependent · Audit · Compensation and Human Capital Management | 94,000 | 131,903 | 0 | 0 | 0 | 225,903 |
| Kathryn O. JohnsonIndependent · Compensation and Human Capital Management · Corporate Governance | 94,000 | 131,903 | 0 | 0 | 0 | 225,903 |
| Mary E. LudfordIndependent · Audit · Corporate Governance | 94,000 | 131,903 | 0 | 0 | 0 | 225,903 |
| John D. EricksonIndependent | 80,000 | 131,903 | 0 | 0 | 0 | 211,903 |
| Christopher B. ClarkIndependent · Audit · Corporate Governance · Newly elected | 0 | 0 | 0 | 0 | 0 | 0 |
| Steven P. RascheIndependent · Audit · Compensation and Human Capital Management · Newly elected | 0 | 0 | 0 | 0 | 0 | 0 |
| Charles S. MacFarlaneEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $80,000 |
|---|---|
| Annual equity retainer | $130,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 21,000 / 80,000 |
| Stock ownership guideline | $400,000 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $843,000 |
| Equity awards (grant-date value) | $1,094,019 |
| All other compensation | $0 |
| Total cost of the board | $1,937,019 |
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 Otter Tail Corp 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 Otter Tail Corp.
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 | Graco Inc. | 2025 | Mark Sheahan | $1,065,000 | $0 | $5,749,775 | $1,259,907 | $9,491,330 |
| 2 | Chart Industries, Inc. | 2024 | Jillian Evanko | 1,100,000 | 4,378,424 | 1,573,870 | 565,785 | 7,687,879 |
| 3 | Portland General Electric Co. | 2025 | Maria Pope | 1,205,111 | 4,549,047 | 0 | 1,235,019 | 7,583,877 |
| 4 | IDACORP, Inc. | 2025 | Lisa Grow | 1,050,000 | 2,942,308 | 0 | 1,785,001 | 7,529,892 |
| 5 | Otter Tail Corp | 2025 | Charles MacFarlane | 867,578 | 3,149,276 | 0 | 1,471,194 | 6,792,688 |
| 6 | Apogee Enterprises, Inc. | 2026 | Ty Silberhorn | 627,308 | 2,283,419 | 0 | 1,208,500 | 6,075,286 |
| 7 | Black Hills Corporation | 2025 | Linden Evans | 995,594 | 2,966,688 | 0 | 1,294,886 | 5,991,759 |
| 8 | ESCO Technologies, Inc. | 2025 | Bryan Sayler | 830,500 | 3,052,886 | 0 | 1,661,000 | 5,586,139 |
| 9 | ONE Gas, Inc. | 2025 | Robert McAnnally | 925,000 | 3,154,361 | 0 | 1,300,000 | 5,575,027 |
| 10 | Franklin Electric Co., Inc. | 2025 | Joseph Ruzynski | 900,000 | 2,624,984 | 875,116 | 558,900 | 5,072,064 |
| 11 | Northwestern Corp. | 2025 | Brian Bird | 921,263 | 2,700,022 | 0 | 743,400 | 5,016,745 |
| 12 | MDU Resources Group | 2025 | Nicole Kivisto | 925,000 | 2,600,313 | 0 | 1,169,200 | 4,812,252 |
| 13 | Avista Corp. | 2025 | Heather Rosentrater | 786,845 | 2,653,743 | 0 | 897,732 | 4,773,308 |
| 14 | Tennant Company | 2025 | David Huml | 992,385 | 3,400,027 | 0 | 189,557 | 4,672,864 |
| 15 | TXNM Energy | 2025 | Joseph Tarry | 839,462 | 2,275,011 | 0 | 495,058 | 3,903,948 |
| 16 | ALLETE, Inc. | 2024 | Bethany Owen | 871,175 | 1,378,138 | 0 | 1,329,692 | 3,720,063 |
| 17 | Northwest Natural Holding Company | 2025 | Justin Palfreyman | 812,500 | 1,726,208 | 0 | 726,406 | 3,695,467 |
| 18 | MGE Energy Inc. | 2025 | Jeffrey Keebler | 795,833 | 1,402,881 | 0 | 865,920 | 3,613,508 |
| 19 | Unitil Corp. | 2025 | Thomas Meissner Jr. | 744,066 | 751,842 | 0 | 662,591 | 3,189,116 |
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 |
|---|---|---|---|---|
| Otter Tail Corp | not disclosed | PSU 75 · RSU 25 | Yes — Three-Year TSR performance relative to peer group | WTW |
| ALLETE, Inc. | 153.2% | PSU 75 · RSU 25 | Yes — Relative TSR | Pearl Meyer |
| Apogee Enterprises, Inc. | not disclosed | RSU 50 · PSU 50 | No | Meridian Compensation Partners, LLC (current); Willis Towers Watson (through September 2025) |
| Avista Corp. | 114% | PSU 65 · RSU 35 | No | Meridian Compensation Partners |
| Black Hills Corporation | 118.4% | PSU 60 · RSU 40 | Yes — Relative Total Shareholder Return (rTSR) | Meridian |
| Chart Industries, Inc. | 38.1% | not disclosed | No | Pay Governance |
| ESCO Technologies, Inc. | 200% | PSU 70 · RSU 30 | No | Pay Governance LLC |
| Franklin Electric Co., Inc. | 62.1% | PSU 50 · RSU 25 · Options 25 | No | Meridian Compensation Partners, LLC |
| Graco Inc. | 118% | Options 100 | not disclosed | Willis Towers Watson |
| IDACORP, Inc. | 170% | PSU 67 · RSU 33 | Yes — TSR | Pay Governance |
| MDU Resources Group | 126.4% | PSU 70 · RSU 30 | Yes — Three-Year rTSR | Independent compensation consultant (nationally-recognized firm; name not disclosed in CD&A) |
| MGE Energy Inc. | 135.3% | PSU 50 · RSU 50 | Yes — Relative Total Shareholder Return (TSR) | FW Cook |
| Northwest Natural Holding Company | 138.8% | PSU 65 · RSU 35 | No | Pay Governance |
| Northwestern Corp. | 80% | PSU 70 · RSU 30 | Yes — TSR relative to peer group | Willis Towers Watson (WTW) |
| ONE Gas, Inc. | 140.6% | PSU 70 · RSU 30 | Yes — Relative TSR | Meridian Compensation Partners |
| Portland General Electric Co. | not disclosed | PSU 70 · RSU 30 | Yes — Relative Total Shareholder Return (TSR) | FW Cook |
| Tennant Company | 18.96% | PSU 50 · RSU 50 | No | Pearl Meyer |
| TXNM Energy | 50% | PSU 70 · RSU 30 | Yes — Relative TSR Goal | Pay Governance |
| Unitil Corp. | 137% | PSU 50 · RSU 50 | No | Willis Towers |
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.
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.
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, Charles MacFarlane | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “SUMMARY COMPENSATION TABLE” · page 50. As printed: 6,792,688. Filing ↗machine: r3 · c24 · span 879904–879913 |
| 2 | Section 01, Timothy Rogelstad | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “SUMMARY COMPENSATION TABLE” · page 50. As printed: 1,941,776. Filing ↗machine: r9 · c24 · span 901134–901143 |
| 3 | Section 01, Todd Wahlund | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “SUMMARY COMPENSATION TABLE” · page 50. As printed: 1,764,196. Filing ↗machine: t117 · r6 · c14 · span 892356–892365 |
| 4 | Section 01, John Abbott | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “SUMMARY COMPENSATION TABLE” · page 50. As printed: 1,642,628. Filing ↗machine: r12 · c24 · span 913474–913483 |
| 5 | Section 01, Jennifer Smestad | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “SUMMARY COMPENSATION TABLE” · page 50. As printed: 1,509,692. Filing ↗machine: r15 · c24 · span 925827–925836 |
| 6 | Section 03, Charles MacFarlane RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t128 · r5 · c7 · span 1148026–1148032 |
| 7 | Section 03, Todd Wahlund RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t128 · r8 · c7 · span 1155877–1155882 |
| 8 | Section 03, Charles MacFarlane RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t130 · r4 · c2 · span 1199056–1199061 |
| 9 | Section 03, Jennifer Smestad RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t128 · r16 · c4 · span 1176473–1176480 |
| 10 | Section 03, John Abbott RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t128 · r13 · c4 · span 1168617–1168624 |
| 11 | Section 03, Timothy Rogelstad RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t130 · r12 · c2 · span 1218762–1218767 |
| 12 | Section 03, Charles MacFarlane RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t128 · r4 · c4 · span 1145439–1145446 |
| 13 | Section 03, John Abbott RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t130 · r16 · c2 · span 1228686–1228691 |
| 14 | Section 03, Todd Wahlund RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t128 · r7 · c4 · span 1152973–1152980 |
| 15 | Section 03, Timothy Rogelstad RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “GRANTS OF PLAN-BASED AWARDS” · grants of plan-based awards table. Filing ↗machine: t128 · r10 · c4 · span 1160798–1160805 |
| 16 | Section 03, Timothy Rogelstad RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t128 · r11 · c7 · span 1163702–1163707 |
| 17 | Section 03, John Abbott RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t128 · r14 · c7 · span 1171521–1171526 |
| 18 | Section 03, Jennifer Smestad RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t128 · r17 · c7 · span 1179377–1179382 |
| 19 | Section 03, Todd Wahlund RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t130 · r8 · c2 · span 1208800–1208805 |
| 20 | Section 03, Jennifer Smestad RSU | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t130 · r20 · c2 · span 1238647–1238652 |
| 21 | Section 07, pay ratio | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “CEO Pay Ratio”. As printed: 81 : 1. Filing ↗machine: span 1368075–1368082 |
| 22 | Section 08, Nathan I. Partain | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 318,698. Filing ↗machine: t87 · r10 · c5 · span 543286–543293 |
| 23 | Section 08, Steven L. Fritze | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 246,903. Filing ↗machine: t87 · r6 · c5 · span 535879–535886 |
| 24 | Section 08, Thomas J. Webb | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 240,903. Filing ↗machine: t87 · r11 · c5 · span 545314–545321 |
| 25 | Section 08, Michael E. LeBeau | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 240,903. Filing ↗machine: t87 · r8 · c5 · span 539557–539564 |
| 26 | Section 08, Jeanne H. Crain | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 225,903. Filing ↗machine: t87 · r4 · c5 · span 532150–532157 |
| 27 | Section 08, Kathryn O. Johnson | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 225,903. Filing ↗machine: t87 · r7 · c5 · span 537718–537725 |
| 28 | Section 08, Mary E. Ludford | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 225,903. Filing ↗machine: t87 · r9 · c5 · span 541420–541427 |
| 29 | Section 08, John D. Erickson | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 211,903. Filing ↗machine: t87 · r5 · c5 · span 534014–534021 |
| 30 | Section 08, Christopher B. Clark | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 31 | Section 08, Steven P. Rasche | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 32 | Section 08, Charles S. MacFarlane | DEF 14A | 2026-03-02 | 0001466593-26-000023 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 33 | Section 02, Todd Wahlund 2026-04-08 | Form 4 | 2026-04-09 | 0002002077-26-000007 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, Todd Wahlund 2026-04-08 | Form 4 | 2026-04-09 | 0002002077-26-000007 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Todd Wahlund 2026-04-08 | Form 4 | 2026-04-09 | 0002002077-26-000007 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 02, Christopher B. Clark 2026-04-13 | Form 4 | 2026-04-14 | 0001629899-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 37 | Section 02, Steven P. Rasche 2026-04-13 | Form 4 | 2026-04-14 | 0001297719-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 38 | Section 02, Michael E. LeBeau 2026-04-13 | Form 4 | 2026-04-14 | 0001901903-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 39 | Section 02, Todd Wahlund 2026-04-13 | Form 4 | 2026-04-15 | 0002002077-26-000009 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 40 | Section 02, Timothy Rogelstad 2026-04-13 | Form 4 | 2026-04-15 | 0001605621-26-000007 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 41 | Section 02, Jennifer Smestad 2026-04-13 | Form 4 | 2026-04-15 | 0001726153-26-000007 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 42 | Section 02, Tyler J. Nelson 2026-04-13 | Form 4 | 2026-04-15 | 0002129002-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 43 | Section 02, Kathryn O. Johnson 2026-04-13 | Form 4 | 2026-04-14 | 0001574100-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 44 | Section 02, Mary E. Ludford 2026-04-13 | Form 4 | 2026-04-14 | 0001959466-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 45 | Section 02, John D. Erickson 2026-04-13 | Form 4 | 2026-04-14 | 0001191483-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 46 | Section 02, Nathan I. Partain 2026-04-13 | Form 4 | 2026-04-14 | 0001180965-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 47 | Section 02, Jeanne H. Crain 2026-04-13 | Form 4 | 2026-04-14 | 0001959390-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 48 | Section 02, Thomas J. Webb 2026-04-13 | Form 4 | 2026-04-14 | 0001179875-26-000002 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 49 | Section 06, 2026 vote | Form 8-K | 2026-04-15 | 0001466593-26-000040 | Item 5.07 · say-on-pay result. As reported: 96.35% (votes for as printed: 27,362,072). Filing ↗ |
| 50 | Section 06, 2025 vote | Form 8-K | 2025-04-17 | 0001466593-25-000075 | Item 5.07 · say-on-pay result. As reported: 97.51% (votes for as printed: 26,315,793). Filing ↗ |
| 51 | Section 06, 2024 vote | Form 8-K | 2024-04-10 | 0001466593-24-000085 | Item 5.07 · say-on-pay result. As reported: 97.29% (votes for as printed: 26,863,245). Filing ↗ |
| 52 | 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) |
| 53 | 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 |
| 54 | Section 09b board cost (computed) | Computed | — | computed | Cash 843,000 + equity 1,094,019 + all other 0 = 1,937,019, summed across the director compensation table rows.machine: formula: Σ = 1,937,019 |
| 55 | Graco Inc., Section 10b CEO total | DEF 14A | 2026-03-11 | 0001193125-26-101267 | CEO total compensation as printed in Graco Inc.'s own proxy. As printed: 9,491,330. Filing ↗machine: r2 · c35 · span 436111–436120 |
| 56 | Chart Industries, Inc., Section 10b CEO total | DEF 14A | 2025-04-08 | 0001193125-25-075768 | CEO total compensation as printed in Chart Industries, Inc.'s own proxy. As printed: 7,687,879. Filing ↗machine: t181 · r4 · c39 · span 524830–524839 |
| 57 | Portland General Electric Co., Section 10b CEO total | DEF 14A | 2026-03-13 | 0000784977-26-000034 | CEO total compensation as printed in Portland General Electric Co.'s own proxy. As printed: 7,583,877. Filing ↗machine: r4 · c27 · span 2638140–2638149 |
| 58 | IDACORP, Inc., Section 10b CEO total | DEF 14A | 2026-04-02 | 0001057877-26-000091 | CEO total compensation as printed in IDACORP, Inc.'s own proxy. As printed: 7,529,892. Filing ↗machine: t35 · r2 · c9 · span 715958–715967 |
| 59 | Otter Tail Corp (subject), Section 10b CEO total | DEF 14A | 2026-03-02 | 0001466593-26-000023 | CEO total compensation as printed in Otter Tail Corp's own proxy. As printed: 6,792,688. Filing ↗machine: r3 · c24 · span 879904–879913 |
| 60 | Apogee Enterprises, Inc., Section 10b CEO total | DEF 14A | 2026-05-12 | 0000006845-26-000036 | CEO total compensation as printed in Apogee Enterprises, Inc.'s own proxy. As printed: 6,075,286. Filing ↗machine: r18 · c51 · span 853782–853791 |
| 61 | Black Hills Corporation, Section 10b CEO total | DEF 14A | 2026-03-18 | 0001193125-26-113958 | CEO total compensation as printed in Black Hills Corporation's own proxy. As printed: 5,991,759. Filing ↗machine: t83 · r2 · c21 · span 1356271–1356280 |
| 62 | ESCO Technologies, Inc., Section 10b CEO total | DEF 14A | 2025-12-10 | 0001104659-25-119876 | CEO total compensation as printed in ESCO Technologies, Inc.'s own proxy. As printed: 5,586,139. Filing ↗machine: t222 · r4 · c8 · span 656741–656751 |
| 63 | ONE Gas, Inc., Section 10b CEO total | DEF 14A | 2026-04-01 | 0001193125-26-137922 | CEO total compensation as printed in ONE Gas, Inc.'s own proxy. As printed: 5,575,027. Filing ↗machine: span 1271269–1271278 |
| 64 | Franklin Electric Co., Inc., Section 10b CEO total | DEF 14A | 2026-03-25 | 0000038725-26-000017 | CEO total compensation as printed in Franklin Electric Co., Inc.'s own proxy. As printed: 5,072,064. Filing ↗machine: r2 · c30 · span 440975–440984 |
| 65 | Northwestern Corp., Section 10b CEO total | DEF 14A | 2026-03-12 | 0001993004-26-000018 | CEO total compensation as printed in Northwestern Corp.'s own proxy. As printed: 5,016,745. Filing ↗machine: t153 · r3 · c19 · span 752129–752138 |
| 66 | MDU Resources Group, Section 10b CEO total | DEF 14A | 2026-04-01 | 0000067716-26-000040 | CEO total compensation as printed in MDU Resources Group's own proxy. As printed: 4,812,252. Filing ↗machine: r4 · c21 · span 904325–904334 |
| 67 | Avista Corp., Section 10b CEO total | DEF 14A | 2026-04-01 | 0001193125-26-138034 | CEO total compensation as printed in Avista Corp.'s own proxy. As printed: 4,773,308. Filing ↗machine: span 842223–842232 |
| 68 | Tennant Company, Section 10b CEO total | DEF 14A | 2026-03-18 | 0001104659-26-030889 | CEO total compensation as printed in Tennant Company's own proxy. As printed: 4,672,864. Filing ↗machine: t36 · r1 · c53 · span 679205–679214 |
| 69 | TXNM Energy, Section 10b CEO total | DEF 14A | 2026-04-28 | 0001108426-26-000020 | CEO total compensation as printed in TXNM Energy's own proxy. As printed: 3,903,948. Filing ↗machine: t44 · r7 · c16 · span 791496–791505 |
| 70 | ALLETE, Inc., Section 10b CEO total | DEF 14A | 2025-03-31 | 0000066756-25-000043 | CEO total compensation as printed in ALLETE, Inc.'s own proxy. As printed: 3,720,063. Filing ↗machine: t44 · r6 · c9 · span 830445–830454 |
| 71 | Northwest Natural Holding Company, Section 10b CEO total | DEF 14A | 2026-04-17 | 0001193125-26-161075 | CEO total compensation as printed in Northwest Natural Holding Company's own proxy. As printed: 3,695,467. Filing ↗machine: t160 · r4 · c31 · span 760924–760933 |
| 72 | MGE Energy Inc., Section 10b CEO total | DEF 14A | 2026-04-02 | 0001161728-26-000005 | CEO total compensation as printed in MGE Energy Inc.'s own proxy. As printed: 3,613,508. Filing ↗machine: r4 · c9 · span 1077549–1077558 |
| 73 | Unitil Corp., Section 10b CEO total | DEF 14A | 2026-03-27 | 0001193125-26-128263 | CEO total compensation as printed in Unitil Corp.'s own proxy. As printed: 3,189,116. Filing ↗machine: t214 · span 819224–819233 |
| 74 | Section 10a, Franklin Electric Co., Inc. reciprocity | DEF 14A | — | 0000038725-26-000017 | Franklin Electric Co., Inc.'s most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 75 | Section 10a, MDU Resources Group reciprocity | DEF 14A | — | 0000067716-26-000040 | MDU Resources Group names Otter Tail Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 76 | Section 10a, Portland General Electric Co. reciprocity | DEF 14A | — | 0000784977-26-000034 | Portland General Electric Co.'s most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 77 | Section 10a, MGE Energy Inc. reciprocity | DEF 14A | — | 0001161728-26-000005 | MGE Energy Inc. names Otter Tail Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 78 | Section 10a, Avista Corp. reciprocity | DEF 14A | — | 0001193125-26-138034 | Avista Corp.'s most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 79 | Section 10a, Graco Inc. reciprocity | DEF 14A | — | 0001193125-26-101267 | Graco Inc.'s most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 80 | Section 10a, TXNM Energy reciprocity | DEF 14A | — | 0001108426-26-000020 | TXNM Energy's most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 81 | Section 10a, Tennant Company reciprocity | DEF 14A | — | 0001104659-26-030889 | Tennant Company's most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 82 | Section 10a, ALLETE, Inc. reciprocity | DEF 14A | — | 0000066756-25-000043 | ALLETE, Inc. names Otter Tail Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 83 | Section 10a, Apogee Enterprises, Inc. reciprocity | DEF 14A | — | 0000006845-26-000036 | Apogee Enterprises, Inc.'s most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 84 | Section 10a, ESCO Technologies, Inc. reciprocity | DEF 14A | — | 0001104659-25-119876 | ESCO Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 85 | Section 10a, IDACORP, Inc. reciprocity | DEF 14A | — | 0001057877-26-000091 | IDACORP, Inc.'s most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 86 | Section 10a, Northwestern Corp. reciprocity | DEF 14A | — | 0001993004-26-000018 | Northwestern Corp. names Otter Tail Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 87 | Section 10a, Northwest Natural Holding Company reciprocity | DEF 14A | — | 0001193125-26-161075 | Northwest Natural Holding Company's most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 88 | Section 10a, Black Hills Corporation reciprocity | DEF 14A | — | 0001193125-26-113958 | Black Hills Corporation's most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |
| 89 | Section 10a, Unitil Corp. reciprocity | DEF 14A | — | 0001193125-26-128263 | Unitil Corp. names Otter Tail Corp in its own disclosed peer group (read from its most recent proxy). Filing ↗ |
| 90 | Section 10a, ONE Gas, Inc. reciprocity | DEF 14A | — | 0001193125-26-137922 | ONE Gas, Inc.'s most recent proxy was read; its disclosed peer group does not include Otter Tail Corp. Filing ↗ |