How McClelland was paid
$956,418 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.
Named executive officers
| Executive | Salary | Bonus | Stock | Other | Total |
|---|---|---|---|---|---|
| Thomas McClellandPresident and Chief Executive Officer | $327,488 | $130,250 | $475,500 | $23,179 | $956,418 |
| Oleandro ManciniSenior Vice President, Business Development | $280,000 | $56,466 | $63,338 | $21,839 | $421,642 |
| Steven BernsteinChief Financial Officer, Secretary and Treasurer | $288,086 | $88,500 | $380,400 | $47,966 | $804,953 |
What changed and why
- $956K$956,418 CEO total compensation in 2025 increased from $820,993 in 2024.
- $476K$475,500 CEO stock awards represented the largest component of Thomas McClelland’s 2025 compensation.
- 50,000 PSUs were granted to McClelland, vesting equally over four years and tied to bookings, revenue and operating income.
- 40,000 PSUs were granted to Bernstein, vesting equally over four years and tied to bookings, revenue and operating income.
- No RSUs, stock appreciation rights or stock options were granted during fiscal 2025 or 2024.
Other Frequency Electronics proxy statements
- 2026 proxy statement
Thomas McClelland paid $3.3M (+241% on the year).
Filed Aug 28, 2026
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.