Franklin Wireless (FKWL) executive compensation, 2026 proxy

OC Kim, President, CEO and a Director, was paid $800,000 in fiscal 2026, down 72% from $2.8M the year before.

Filed
October 15, 2026
Annual meeting
December 4, 2026
Pay year
fiscal 2026
Named executives
4
CEO total pay
$800,000-72% vs prior year
CEO accrued bonus balance
$1,875,000As of June 30, 2026
CEO change-of-control payment
$5 millionAgreement extended through October 2027
CEO severance payment
$3 millionUnder specified termination conditions

How Kim was paid

$800,000 in total for fiscal 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary38%Non-equity incentive63%

Named executive officers

ExecutiveTotal
OC KimPresident, CEO and a Director$800,000
Reid GranadosActing Chief Financial Officer (Principal Financial Officer), and Director of Logistics$174,000
William BauerChief Operating Officer and General Counsel$174,000
Yun J. (David) LeeSenior Vice President of Sales$304,000

What changed and why

  • $800K$800,000: CEO total compensation in fiscal 2026, down from $2,821,068 in fiscal 2025.
  • $500K$500,000: CEO quarterly bonuses accrued in fiscal 2026; payment remains subject to Board approval and company cash flow.
  • $1.9M$1,875,000: CEO accrued bonus balance at June 30, 2026; no accrued bonuses had been paid.
  • $5M$5 million: CEO change-of-control payment; his agreement was extended through October 2027.
  • $3M$3 million: CEO severance payment if he voluntarily terminates employment or does so due to a defined change in circumstances.

Other Franklin Wireless 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.