CSP (CSPI) executive compensation, 2025 proxy

Victor Dellovo, President and CEO, was paid $1M in 2025, down 13% from $1.2M the year before.

Filed
December 30, 2025
Annual meeting
February 10, 2026
Pay year
2025
Named executives
4
CEO total pay
$1M-13% vs prior year
CEO pay in equity
42%$431,200 in awards
CEO Base Salary
$486,675Annual base pay
CEO Stock Awards
$431,200Restricted stock value
CEO Target Bonus
50%Of base salary
Total NEO Compensation
$2,233,460Combined total for all NEOs

How Dellovo was paid

$1M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary47%Stock awards42%Non-equity incentive9%Pension and deferred comp0%All other compensation2%

Named executive officers

ExecutiveTotal
Victor DellovoPresident and CEO$1,036,948
Gary LevineCFO, Treasurer and Secretary$329,317
Gary SouthwellVice President and General Manager of HPP$496,596
Mike NewbanksVice President of Finance and CAO$370,599

What changed and why

  • $1MChief executive officer total compensation decreased to $1,036,948 in fiscal year 2025.
  • Restricted stock awards of 35,000 shares were granted to the chief executive officer in fiscal year 2025.
  • Non-equity incentive plan compensation included special bonuses for divisional operational results.
  • $487KChief executive officer base salary was set at $486,675 for fiscal year 2025.

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.