Velarion · Company Intelligence
Compensation Brief
Fiscal year 2026 · Filings through 2026-06-17

Virco MFG (VIRC)

Fiscal year 2026 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.

$344,870
Bassey Yau total, FY2026
Senior Vice President - Chief Financial Officer, Secretary and Treasurerhighest-paid officer; CEO Robert Virtue: $340,276
CEO (Robert Virtue) pay percentile vs peers
2:1
CEO-to-median pay ratio
99.81%
Say-on-pay support, latest vote
Companies that benchmark against VIRC
No companies currently name VIRC as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2026

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Bassey Yau$326,870$0$0$0$0$0$18,000$344,870
Senior Vice President - Chief Financial Officer, Secretary and Treasurer
Douglas Virtue329,4900000010,786340,276
President
Robert Virtue363,2350000011,500340,276
Chairman of the Board and Chief Executive Officer
Robert Dose156,840000006,000162,840
Chief Financial Officer (retired)

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 officerFY2026 totalFY2025 totalFY2024 totalΔ FY20252026
Bassey Yau$344,870$438,880−94,010
Douglas Virtue340,276374,735512,600−34,459
Robert Virtue340,276507,705557,027−167,429
Robert Dose162,840515,755515,177−352,915

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

No insider equity transactions reported since the proxy statement.

04

Outstanding equity awards at fiscal year-end 2026

ExecutiveAwardShares unvestedExercise priceMarket value unvested
VirtueRSU84,124$498,856
05

Incentive-plan design — the Compensation Discussion & Analysis

In keeping with the entrepreneurial spirit of Virco founder Julian Virtue (1908-1991), Virco's executive compensation package is designed to be simple, frugal, inclusive of all salaried employees and contain substantial components, which are tied directly to shareholder returns.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policytrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1611,187,15421,68019,20199.81%Passed
20232023-06-208,223,877970,3134,28089.45%Passed
20202020-06-168,719,6631,478,62461,52885.5%Passed
20172017-06-209,253,477759,9921,631,57192.41%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
20262026-06-1699.81%a
20232023-06-2089.45%b
20202020-06-1685.5%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the proposal.”.

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.

07

CEO pay ratio

Ratio (CEO : median employee)2 : 1
CEO total compensation$374,735
Median employee compensation
08

Director compensation — fiscal year 2026

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Kathy Virtue YoungEmployee director$0$340,141$340,141
Robert R. LindIndependent · Lead Independent Director · Audit · Compensation · Corporate Governance and Nominating100,00050,0000150,000
Agnieszka WinklerIndependent · Audit · Compensation (Chair) · Corporate Governance and Nominating100,00050,0000150,000
Bradley RichardsonIndependent · Audit (Chair) · Compensation · Corporate Governance and Nominating89,58350,0000139,583
Craig L. LevraIndependent · Audit · Compensation · Corporate Governance and Nominating (Chair)96,87537,5000134,375
Douglas A. VirtueEmployee director00000
Robert A. VirtueEmployee director · Board Chair00000
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$75,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline4x annualized cash retainer (4 x $75,000 = $300,000)
09b

Total cost of the board

ComponentFY2026
Cash retainers and fees$386,458
Equity awards (grant-date value)$187,500
All other compensation$340,141
Total cost of the board$914,099

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

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
1Virco MFG2026Robert Virtue$363,235$0$0$0$340,276

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.

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, Bassey YauDEF 14A2026-05-040001628280-26-029844Section “Summary Compensation Table”. As printed: 344,870. Filing ↗machine: r15 · c45 · span 235080–235087
2Section 01, Douglas VirtueDEF 14A2026-05-040001628280-26-029844Section “Summary Compensation Table”. As printed: 340,276. Filing ↗machine: r9 · c45 · span 224012–224019
3Section 01, Robert VirtueDEF 14A2026-05-040001628280-26-029844Section “Summary Compensation Table”. As printed: 340,276. Filing ↗machine: r9 · c45 · span 218235–218242
4Section 01, Robert DoseDEF 14A2026-05-040001628280-26-029844Section “Summary Compensation Table”. As printed: 162,840. Filing ↗machine: r12 · c45 · span 229776–229783
5Section 07, pay ratioDEF 14A2026-05-040001628280-26-029844Section “CEO Pay Ratio”. As printed: 2 : 1. Filing ↗
6Section 08, Kathy Virtue YoungDEF 14A2026-05-040001628280-26-029844Section “Director Compensation”. As printed: 340,141. Filing ↗machine: t19 · r14 · c3 · span 352837–352844
7Section 08, Robert R. LindDEF 14A2026-05-040001628280-26-029844Section “Director Compensation”. As printed: 150,000. Filing ↗machine: t19 · r8 · c4 · span 349013–349020
8Section 08, Agnieszka WinklerDEF 14A2026-05-040001628280-26-029844Section “Director Compensation”. As printed: 150,000. Filing ↗machine: t19 · r12 · c4 · span 351752–351759
9Section 08, Bradley RichardsonDEF 14A2026-05-040001628280-26-029844Section “Director Compensation”. As printed: 139,583. Filing ↗machine: t19 · r10 · c4 · span 350308–350315
10Section 08, Craig L. LevraDEF 14A2026-05-040001628280-26-029844Section “Director Compensation”. As printed: 134,375. Filing ↗machine: t19 · r6 · c4 · span 347725–347732
11Section 08, Douglas A. VirtueDEF 14A2026-05-040001628280-26-029844Section “Director Compensation”. As printed: 0. Filing ↗machine: t19 · r14 · c2 · span 352545–352546
12Section 08, Robert A. VirtueDEF 14A2026-05-040001628280-26-029844Section “Director Compensation”. As printed: 0. Filing ↗machine: t19 · r14 · c2 · span 352545–352546
13Section 06, 2026 voteForm 8-K2026-06-170001628280-26-043943Item 5.07 · say-on-pay result. As reported: 99.81% (votes for as printed: 11,187,154). Filing ↗
14Section 06, 2023 voteForm 8-K2023-06-220001628280-23-023099Item 5.07 · say-on-pay result. As reported: 89.45% (votes for as printed: 8,223,877). Filing ↗
15Section 06, 2020 voteForm 8-K2020-06-170001628280-20-009601Item 5.07 · say-on-pay result. As reported: 85.5%. Filing ↗
16Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
17Section 09b board cost (computed)ComputedcomputedCash 386,458 + equity 187,500 + all other 340,141 = 914,099, summed across the director compensation table rows.machine: formula: Σ = 914,099
18Virco MFG (subject), Section 10b CEO totalDEF 14A2026-05-040001628280-26-029844CEO total compensation as printed in Virco MFG's own proxy. As printed: 340,276. Filing ↗machine: r9 · c45 · span 218235–218242