Espey MFG & Electronics (ESP) executive compensation, 2025 proxy

David O'Neil, President and Chief Executive Officer, was paid $655,147 in 2025, up 5% from $621,964 the year before.

Filed
October 28, 2025
Annual meeting
December 5, 2025
Pay year
2025
Named executives
4
CEO total pay
$655,147+5% vs prior year
CEO salary
$313,575
CEO bonus
$300,300
CEO option awards
$7,455
Katrina Sparano total
$172,314
Jennifer Pickering total
$260,725
Kaitlyn O’Neil total
$71,325

How O'Neil was paid

$655,147 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.

Salary48%Bonus46%Option awards1%All other compensation5%

Named executive officers

ExecutiveTotal
David O'NeilPresident and Chief Executive Officer$655,147
Katrina SparanoChief Financial Officer and Treasurer$172,314
Kaitlyn O’NeilPrincipal Financial Officer and Treasurer$71,325
Jennifer PickeringChief HR Officer and Corporate Secretary$260,725

What changed and why

  • $655K$655,147 was David O’Neil’s 2025 total compensation, versus $621,964 in 2024.
  • $300K$300,300 was the CEO’s 2025 bonus, with the employment agreement limiting aggregate bonus compensation to base salary.
  • $7,455$7,455 was the CEO’s 2025 option award value, compared with $20,150 in 2024.
  • Bonus components include discretionary performance, sales plus backlog growth, and operating earnings growth.
  • 0%0% of allocated ESOP shares were vested for Kaitlyn O’Neil and Jennifer Pickering at June 30, 2025.
  • $368K$368,233 was compensation actually paid to average non-PEO NEOs in 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.