AmpliTech Group (AMPGZ) executive compensation, 2025 proxy

Fawad Maqbool, Chairman, President and Chief Executive Officer, was paid $446,154 in 2024, down 32% from $657,797 the year before.

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Filed
October 16, 2025
Annual meeting
December 10, 2025
Pay year
2024
Named executives
3
CEO total pay
$446,154-32% vs prior year
Prior say-on-pay support
85%of votes cast
CEO pay decrease
32%$446,154 versus $657,797
CFO/COO pay decrease
31%$245,384 versus $353,898
Option grant fair value
$315,593Granted December 2023
CEO options granted
100,000Five-year quarterly vesting
CFO/COO options granted
50,000 eachFive-year quarterly vesting
Shareholder support
85%2022 say-on-pay vote

How Maqbool was paid

$446,154 in total for 2024, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary100%

Named executive officers

ExecutiveTotal
Fawad MaqboolChairman, President and Chief Executive Officer$446,154
Louisa SanfratelloChief Financial Officer, Secretary$245,384
Jorge FloresChief Operating Officer$245,384

What changed and why

  • 20%20% salary reductions were implemented for all officers in June 2024 and reinstated effective January 1, 2025.
  • $446K$446,154 CEO total compensation decreased from $657,797 in 2023.
  • $245K$245,384 CFO and COO total compensation each decreased from $353,898 in 2023.
  • $316K$315,593 was the estimated fair value of options granted in December 2023.
  • 85%85% of votes cast supported executive compensation at the 2022 annual meeting.

Other AmpliTech Group proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.