Chief Financial Officer, Secretary and Treasurer · PIONEER POWER SOLUTIONS, INC. (PPSI)

Walter Michalec

A named executive officer of PIONEER POWER SOLUTIONS in every fiscal year CompBrief holds from FY2021 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

Total disclosed compensation, FY2024

$760,000

FY2023: $1,861,520

Compensation figures as of the proxy filed October 17, 2024 (DEF 14A).

Walter Michalec compensation by year

PIONEER POWER SOLUTIONS Summary Compensation Table · all 4 fiscal years held
In US dollars, as PIONEER POWER SOLUTIONS reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2021FY2022FY2023FY2024
Salary$167,500$200,000$200,000$300,000
Bonus$22,000$27,000$27,000$164,000
Stock awards—$1,631,250$1,631,250$296,000
Option awards$53,350$3,270$3,270$0
Non-equity incentive——$0$0
Pension and deferred compensation——$0$0
All other——$0$0
Total$242,850$1,861,520$1,861,520$760,000

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: PIONEER POWER SOLUTIONS, INC. DEF 14A filed October 17, 2024, accession 0001493152-24-041410, and prior-year filings. Open the filing on EDGAR.

$243K
$1.9M
$1.9M
$760K
FY21
FY22
FY23
FY24
SalaryBonusStock awardsOption awards

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU125,000$848,750—
PSU125,000$848,750—
Option1,000—$10.21
Option706,167—$5.49
Option10,000—$1.68

Per the Outstanding Equity Awards at Fiscal Year-End table in PIONEER POWER SOLUTIONS, INC.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

PIONEER POWER SOLUTIONS’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Nathan MazurekPresident, Chief Executive Officer, Chairman of the Board of Directors$2,722,160
Walter Michalec · this pageChief Financial Officer, Secretary and Treasurer$760,000

The full PIONEER POWER SOLUTIONS compensation record

free company brief

This page is one person within PIONEER POWER SOLUTIONS's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

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How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are PIONEER POWER SOLUTIONS's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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