Frequency Electronics (FEIM) executive compensation, 2026 proxy

Thomas McClelland, President and Chief Executive Officer, was paid $3.3M in 2026, up 241% from $956,418 the year before.

Filed
August 28, 2026
Annual meeting
October 7, 2026
Pay year
2026
Named executives
3
CEO total pay
$3.3M+241% vs prior year
CEO pay in equity
81%$2.6M in awards
CEO bonus
$240,750Fiscal 2026 cash bonus
CFO bonus
$160,500Fiscal 2026 cash bonus
CEO PSUs granted
50,000 sharesGranted February 1, 2026
CFO PSUs granted
30,000 sharesGranted February 1, 2026
CEO deferred benefit
$85,000Annual retirement benefit
CFO deferred benefit
$40,000Annual retirement benefit

How McClelland was paid

$3.3M in total for 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary11%Bonus7%Stock awards81%All other compensation1%

Named executive officers

ExecutiveTotal
Thomas McClellandPresident and Chief Executive Officer$3,259,827
Oleandro ManciniSenior Vice President, Business Development$399,680
Steven BernsteinChief Financial Officer, Secretary and Treasurer$2,028,137

What changed and why

  • $3.3M$3,259,827 CEO total compensation, up from $956,418 in fiscal 2025, primarily reflecting higher stock awards.
  • $2.6M$2,629,000 CEO stock award represented the aggregate grant-date fair value of RSUs and PSUs awarded.
  • $1.6M$1,577,400 CFO stock award represented the aggregate grant-date fair value of PSUs awarded.
  • 50,000 CEO PSUs and 30,000 CFO PSUs were granted on February 1, 2026, vesting equally over four years.
  • No RSUs, SARs or stock options were granted during fiscal 2026 or 2025.
  • Bonus amounts were determined by the Board and reflected company, segment and individual performance metrics.

Other Frequency Electronics 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.