Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-28

Strattec Security (STRT)

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.

$5,352,066
Jennifer Slater total, FY2025
88th
CEO pay percentile vs peers
CEO-to-median pay ratio
93.22%
Say-on-pay support, latest vote
Companies that benchmark against STRT
3 companies name STRT as a compensation peer

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

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jennifer Slater$650,000$550,000$2,804,248$0$1,300,000$0$47,818$5,352,066
President and Chief Executive Officer
Matthew Pauli299,1730212,5200564,00006,7381,082,431
Senior Vice President and Chief Financial Officer
Rolando Guillot376,362108,000202,9520338,726019,1781,045,218
Senior Vice President and Chief Operating 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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Jennifer Slater$5,352,066
Matthew Pauli1,082,431
Rolando Guillot1,045,218

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

02

Equity transactions since the proxy statement was filed

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.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Rolando GuillotSVP & COO2025-09-30D1,359$0$0CommonForm 4 ↗
Bruce M. LismanDirector2025-10-15A1,2436884,996CommonForm 4 ↗
Tina ChangDirector2025-10-15A1,2436884,996CommonForm 4 ↗
Thomas W. Florsheim JrDirector2025-10-15A1,2436884,996CommonForm 4 ↗
Frederic Jack Liebau JrDirector2025-10-15A1,2436884,996CommonForm 4 ↗
Matteo AnversaDirector2025-10-15A1,2436884,996CommonForm 4 ↗
Jennifer Lynn SlaterDirector2025-10-25D2,64500CommonForm 4 ↗
Matthew PauliSVP & CFO2025-11-13D81400CommonForm 4 ↗
Richard P. MessinaVP & Chief Technical Officer2025-11-17D3,00066199,050CommonForm 4 ↗
Matthew PauliSVP & CFO2026-05-12A2,00063125,060CommonForm 4 ↗
Jennifer Lynn SlaterDirector2026-05-12A797.286349,997CommonForm 4 ↗
Frederic Jack Liebau JrDirector2026-05-12A1,0006161,370CommonForm 4 ↗
Jennifer Lynn SlaterDirector2026-05-12A800.566250,003CommonForm 4 ↗
Jennifer Lynn SlaterDirector2026-07-01D5,93100CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jennifer SlaterPSU$2,804,248
Rolando GuillotPSU202,952
Matthew PauliPSU212,520
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jennifer Slater$0$2,804,248$0100.0%
Rolando Guillot0202,9520100.0%
Matthew Pauli0212,5200100.0%

% 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
Jennifer SlaterRSU16,878$1,029,896
Jennifer SlaterPSU33,7562,059,791
Rolando GuillotRSU3,450210,519
Matthew PauliRSU5,191316,755
Rolando GuillotRSU2,300140,346
Rolando GuillotRSU1,15070,173
Jennifer SlaterRSU37,8542,309,851
05

Incentive-plan design — the Compensation Discussion & Analysis

Our compensation program is designed to reflect our philosophy that executive compensation should be directly linked to Company performance, with the ultimate goal of increasing long-term shareholder value.

CEO STI target (% of salary)100%
CEO LTI target (% of salary)
Independent consultantPay Governance
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20252025-10-152,186,05097,98761,01993.22%Passed
20242024-10-232,354,020499,545143,12082.49%Passed
20232023-10-103,009,10693,165156,41697%Passed
20222022-10-112,407,78397,249123,06296.12%Passed
20212021-10-053,049,782102,5618,87396.75%Passed
20202020-10-062,893,670110,23310,52896.33%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
20252025-10-1593.22%a
20242024-10-2382.49%b
20232023-10-1097%c

a. Approved under the standard stated in the filing — “accordingly, for purposes of Proposal 2, abstentions will be counted in determining the required vote and will have the effect of a vote "against" approving the advisory resolution.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not count toward the determination of whether this proposal is approved and will have no impact on the vote.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not count toward the determination of whether this proposal is approved and will have no impact on the vote.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

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

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
F. Jack Liebau, JrIndependent · Board Chair · Audit · Compensation · Nominating and Corporate Governance$108,750$137,256$0$0$0$246,006
F. Jack Liebau JrIndependent · Board Chair · Audit · Compensation · Nominating and Corporate Governance108,750137,25600246,006
Thomas W. Florsheim JrIndependent · Compensation · Nominating and Corporate Governance75,000137,25600212,256
Thomas W. Florsheim, JrIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance75,000137,256000212,256
Tina ChangIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair) · Nominating andCorporateGovernance (Chair)75,000137,25600212,256
Bruce M. LismanIndependent · Audit · Compensation · Nominating and Corporate Governance63,750137,25600201,006
Matteo AnversaIndependent · Audit (Chair) · Compensation · Nominating and Corporate Governance72,42186,42600158,847
Jennifer L. SlaterEmployee director000000
09

Board fee structure and ownership guideline

Annual cash retainer$170,000
Annual equity retainer$85,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 15,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$578,671
Equity awards (grant-date value)$909,962
All other compensation$0
Total cost of the board$1,488,633

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.

MEI Methode Electronics, Inc.HLLY Holley, Inc.VPG Vishay Precision Group, Inc.ALNT Allient, Inc.MEC Mayville Engineering Co.POWL Powell Industries, Inc.MLR Miller IndustriesPLOW Douglas DynamicsTWIN Twin Disc, Inc.HURC Hurco Companies, Inc.RAIL FreightCar America, Inc.FSTR L.B. Foster Co.MPAA Motorcar Parts of America, Inc.SRI Stoneridge, Inc.GRC Gorman-RuppCVGI Commercial Vehicle Group, Inc.NNBR NN, Inc.MNTX Manitex International, Inc.PSIX Power Solutions International
10a

Peer reciprocity

Of the companies Strattec Security 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.

Methode Electronics, Inc. (MEI)44 Holley, Inc. (HLLY) Vishay Precision Group, Inc. (VPG)45 Allient, Inc. (ALNT)46 Mayville Engineering Co. (MEC) Powell Industries, Inc. (POWL)47 Miller Industries (MLR) Douglas Dynamics (PLOW)48 Twin Disc, Inc. (TWIN) Hurco Companies, Inc. (HURC) FreightCar America, Inc. (RAIL) L.B. Foster Co. (FSTR) Motorcar Parts of America, Inc. (MPAA) Stoneridge, Inc. (SRI)49 Gorman-Rupp (GRC)50 Commercial Vehicle Group, Inc. (CVGI) NN, Inc. (NNBR) Manitex International, Inc. (MNTX) Power Solutions International (PSIX)

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 Strattec Security.

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
1Methode Electronics, Inc.2026Jonathan DeGaynor$1,018,269$4,456,045$0$2,562,500$8,090,755
2Strattec Security2025Jennifer Slater650,0002,804,24801,300,0005,352,066
3Powell Industries, Inc.2025Brett Cope660,0001,129,26801,650,0003,600,369
4Stoneridge, Inc.2025James Zizelman900,0002,256,6210405,0003,593,069
5Allient, Inc.2025Richard Warzala740,0001,110,03501,615,2323,530,820
6Douglas Dynamics2025Mark Van Genderen651,4211,110,23901,219,6113,008,565
7Vishay Precision Group, Inc.2025Ziv Shoshani743,2351,300,661002,279,041
8Gorman-Rupp2025Scott King717,500750,000002,187,652
9Hurco Companies, Inc.2025Gregory Volovic675,8001,249,991002,023,603
Holley, Inc.not in coverage universe
Mayville Engineering Co.not in coverage universe
Miller Industriesnot in coverage universe
Twin Disc, Inc.not in coverage universe
FreightCar America, Inc.not in coverage universe
L.B. Foster Co.not in coverage universe
Motorcar Parts of America, Inc.not in coverage universe
Commercial Vehicle Group, Inc.not in coverage universe
NN, Inc.not in coverage universe
Manitex International, Inc.not in coverage universe
Power Solutions Internationalnot 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
Strattec Security200%RSU 50 · PSU 50NoPay Governance
Allient, Inc.not disclosednot disclosedNoBurke Capital Group
Commercial Vehicle Group, Inc.not disclosednot disclosednot disclosednot disclosed
Douglas Dynamics174.2%PSU 50 · RSU 50Yes — Relative TSRFrederic W. Cook & Co, Inc.
FreightCar America, Inc.not disclosednot disclosednot disclosednot disclosed
Gorman-Ruppnot disclosedPSU 60 · RSU 40NoSemler Brossy Consulting Group
Holley, Inc.not disclosednot disclosednot disclosednot disclosed
Hurco Companies, Inc.not disclosedPSU 55 · RSU 45NoPay Governance, LLC
L.B. Foster Co.not disclosednot disclosednot disclosednot disclosed
Manitex International, Inc.not disclosednot disclosednot disclosednot disclosed
Mayville Engineering Co.not disclosednot disclosednot disclosednot disclosed
Methode Electronics, Inc.200%RSU 50 · PSU 50Yes — Total Shareholder Return (TSR)Frederic W. Cook & Co., Inc.
Miller Industriesnot disclosednot disclosednot disclosednot disclosed
Motorcar Parts of America, Inc.not disclosednot disclosednot disclosednot disclosed
NN, Inc.not disclosednot disclosednot disclosednot disclosed
Powell Industries, Inc.200%PSU 50 · RSU 50Nonot disclosed
Power Solutions Internationalnot disclosednot disclosednot disclosednot disclosed
Stoneridge, Inc.45%PSU 55 · RSU 45Yes — Total Shareholder Return (TSR)Meridian Compensation Partners
Twin Disc, Inc.not disclosednot disclosednot disclosednot disclosed
Vishay Precision Group, Inc.not disclosedPSU 50 · RSU 50NoEY Parthenon

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.

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, Jennifer SlaterDEF 14A2025-09-110000950170-25-114215Section “Summary Compensation Table” · page 28. As printed: 5,352,066. Filing ↗machine: t52 · r5 · c31 · span 1334968–1334977
2Section 01, Matthew PauliDEF 14A2025-09-110000950170-25-114215Section “Summary Compensation Table” · page 28. As printed: 1,082,431. Filing ↗machine: t52 · r11 · c31 · span 1392247–1392256
3Section 01, Rolando GuillotDEF 14A2025-09-110000950170-25-114215Section “Summary Compensation Table” · page 28. As printed: 1,045,218. Filing ↗machine: t52 · r17 · c31 · span 1449541–1449550
4Section 03, Jennifer Slater PSUDEF 14A2025-09-110000950170-25-114215Section “COMPENSATION DISC USSION AND ANALYSIS” · grants of plan-based awards table. Filing ↗machine: t52 · r5 · c15 · span 1329593–1329602
5Section 03, Rolando Guillot PSUDEF 14A2025-09-110000950170-25-114215Section “COMPENSATION DISC USSION AND ANALYSIS” · grants of plan-based awards table. Filing ↗machine: t52 · r17 · c15 · span 1444170–1444177
6Section 03, Matthew Pauli PSUDEF 14A2025-09-110000950170-25-114215Section “COMPENSATION DISC USSION AND ANALYSIS” · grants of plan-based awards table. Filing ↗machine: t52 · r11 · c15 · span 1386877–1386884
7Section 07, pay ratio10-K2026-08-280001193125-26-374333Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, F. Jack Liebau, JrDEF 14A2025-09-110000950170-25-114215Section “Director Compensation”. As printed: 246,006. Filing ↗machine: r6 · c28 · span 766684–766691
9Section 08, F. Jack Liebau JrDEF 14A2025-09-110000950170-25-114215Section “Director Compensation”. As printed: 246,006. Filing ↗machine: r6 · c28 · span 766684–766691
10Section 08, Thomas W. Florsheim JrDEF 14A2025-09-110000950170-25-114215Section “Director Compensation”. As printed: 212,256. Filing ↗machine: r9 · c28 · span 796363–796370
11Section 08, Thomas W. Florsheim, JrDEF 14A2025-09-110000950170-25-114215Section “Director Compensation”. As printed: 212,256. Filing ↗machine: r9 · c28 · span 796363–796370
12Section 08, Tina ChangDEF 14A2025-09-110000950170-25-114215Section “Director Compensation”. As printed: 212,256. Filing ↗machine: t41 · r7 · c28 · span 776573–776580
13Section 08, Bruce M. LismanDEF 14A2025-09-110000950170-25-114215Section “Director Compensation”. As printed: 201,006. Filing ↗machine: r5 · c28 · span 756784–756791
14Section 08, Matteo AnversaDEF 14A2025-09-110000950170-25-114215Section “Director Compensation”. As printed: 158,847. Filing ↗machine: t41 · r8 · c28 · span 786465–786472
15Section 08, Jennifer L. SlaterDEF 14A2025-09-110000950170-25-114215Section “Director Compensation”. As printed: 0. Filing ↗
16Section 02, Rolando Guillot 2025-09-30Form 42025-10-020001193125-25-228734Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, Bruce M. Lisman 2025-10-15Form 42025-10-170001193125-25-242610Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Tina Chang 2025-10-15Form 42025-10-170001193125-25-242612Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Thomas W. Florsheim Jr 2025-10-15Form 42025-10-170001193125-25-242609Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Frederic Jack Liebau Jr 2025-10-15Form 42025-10-170001193125-25-242613Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Matteo Anversa 2025-10-15Form 42025-10-170001193125-25-242608Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Jennifer Lynn Slater 2025-10-25Form 42025-10-280001193125-25-253923Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Matthew Pauli 2025-11-13Form 42026-01-080001193125-26-007868Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Richard P. Messina 2025-11-17Form 42025-11-190001193125-25-288276Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Matthew Pauli 2026-05-12Form 42026-05-140001193125-26-224325Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Jennifer Lynn Slater 2026-05-12Form 42026-05-140001193125-26-224324Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Frederic Jack Liebau Jr 2026-05-12Form 42026-05-140001193125-26-224186Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Jennifer Lynn Slater 2026-05-12Form 42026-05-140001193125-26-224324Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Jennifer Lynn Slater 2026-07-01Form 42026-07-060001193125-26-296385Insider equity transaction reported since the proxy statement. Filing ↗
30Section 06, 2025 voteForm 8-K2025-10-170001193125-25-241627Item 5.07 · say-on-pay result. As reported: 93.22% (votes for as printed: 2,186,050). Filing ↗
31Section 06, 2024 voteForm 8-K2024-10-230000950170-24-116723Item 5.07 · say-on-pay result. As reported: 82.49% (votes for as printed: 2,354,020). Filing ↗
32Section 06, 2023 voteForm 8-K2023-10-110001140361-23-047861Item 5.07 · say-on-pay result. As reported: 97% (votes for as printed: 3,009,106). Filing ↗
33Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
34Section 09b board cost (computed)ComputedcomputedCash 578,671 + equity 909,962 + all other 0 = 1,488,633, summed across the director compensation table rows.machine: formula: Σ = 1,488,633
35Methode Electronics, Inc., Section 10b CEO totalDEF 14A2026-07-310001140361-26-030317CEO total compensation as printed in Methode Electronics, Inc.'s own proxy. As printed: 8,090,755. Filing ↗machine: r2 · c22 · span 718592–718601
36Strattec Security (subject), Section 10b CEO totalDEF 14A2025-09-110000950170-25-114215CEO total compensation as printed in Strattec Security's own proxy. As printed: 5,352,066. Filing ↗machine: t52 · r5 · c31 · span 1334968–1334977
37Powell Industries, Inc., Section 10b CEO totalDEF 14A2026-01-060001140361-26-000342CEO total compensation as printed in Powell Industries, Inc.'s own proxy. As printed: 3,600,369. Filing ↗machine: r2 · c27 · span 542584–542594
38Stoneridge, Inc., Section 10b CEO totalDEF 14A2026-04-090001043337-26-000038CEO total compensation as printed in Stoneridge, Inc.'s own proxy. As printed: 3,593,069. Filing ↗machine: span 569049–569058
39Allient, Inc., Section 10b CEO totalDEF 14A2026-03-260001140361-26-011362CEO total compensation as printed in Allient, Inc.'s own proxy. As printed: 3,530,820. Filing ↗machine: r13 · c19 · span 507123–507133
40Douglas Dynamics, Section 10b CEO totalDEF 14A2026-03-200001437749-26-009126CEO total compensation as printed in Douglas Dynamics's own proxy. As printed: 3,008,565. Filing ↗machine: t83 · r2 · c29 · span 498646–498655
41Vishay Precision Group, Inc., Section 10b CEO totalDEF 14A2026-04-090001437749-26-011815CEO total compensation as printed in Vishay Precision Group, Inc.'s own proxy. As printed: 2,279,041. Filing ↗machine: span 674953–674962
42Gorman-Rupp, Section 10b CEO totalDEF 14A2026-03-230001193125-26-118757CEO total compensation as printed in Gorman-Rupp's own proxy. As printed: 2,187,652. Filing ↗machine: r4 · c31 · span 557814–557823
43Hurco Companies, Inc., Section 10b CEO totalDEF 14A2026-01-280001104659-26-007238CEO total compensation as printed in Hurco Companies, Inc.'s own proxy. As printed: 2,023,603. Filing ↗machine: r1 · c41 · span 754495–754504
44Section 10a, Methode Electronics, Inc. reciprocityDEF 14A0001140361-26-030317Methode Electronics, Inc.'s most recent proxy was read; its disclosed peer group does not include Strattec Security. Filing ↗
45Section 10a, Vishay Precision Group, Inc. reciprocityDEF 14A0001437749-26-011815Vishay Precision Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Strattec Security. Filing ↗
46Section 10a, Allient, Inc. reciprocityDEF 14A0001140361-26-011362Allient, Inc.'s most recent proxy was read; its disclosed peer group does not include Strattec Security. Filing ↗
47Section 10a, Powell Industries, Inc. reciprocityDEF 14A0001140361-26-000342Powell Industries, Inc.'s most recent proxy was read; its disclosed peer group does not include Strattec Security. Filing ↗
48Section 10a, Douglas Dynamics reciprocityDEF 14A0001437749-26-009126Douglas Dynamics's most recent proxy was read; its disclosed peer group does not include Strattec Security. Filing ↗
49Section 10a, Stoneridge, Inc. reciprocityDEF 14A0001043337-26-000038Stoneridge, Inc. names Strattec Security in its own disclosed peer group (read from its most recent proxy). Filing ↗
50Section 10a, Gorman-Rupp reciprocityDEF 14A0001193125-26-118757Gorman-Rupp's most recent proxy was read; its disclosed peer group does not include Strattec Security. Filing ↗