Friedman Industries (FRD) executive compensation, 2026 proxy

Michael J. Taylor, President & Chief Executive Officer, was paid $2.7M in fiscal Year 2026, up 287% from $700,734 the year before.

Filed
July 28, 2026
Annual meeting
September 22, 2026
Pay year
fiscal Year 2026
Named executives
3
CEO total pay
$2.7M+287% vs prior year
CEO pay in equity
27%$718,234 in awards
CEO stock awards
$718,2342026 grant-date fair value
CFO total compensation
$870,4342026 Summary Compensation Table
COO total compensation
$2,518,500First reported executive year
PEO compensation actually paid
$2,874,307SEC pay-versus-performance measure
Total shareholder return
$156.88Value of initial $100 investment
2026 net earnings
$19,533,000Fiscal year ended March 31

How Taylor was paid

$2.7M in total for fiscal Year 2026, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary28%Bonus45%Stock awards27%All other compensation1%

Named executive officers

ExecutiveTotal
Michael J. TaylorPresident & Chief Executive Officer$2,709,607
Alex LaRueChief Financial Officer — Secretary & Treasurer$870,434
Gaurav ChhibbarChief Operating Officer$2,518,500

What changed and why

  • $2.7M$2,709,607 was the CEO’s 2026 total compensation, versus $700,734 in 2025.
  • $1.2M$1,221,635 was the CEO’s 2026 bonus, compared with $21,635 in 2025.
  • $1.1M$1,062,000 stock award was granted to newly hired COO Gaurav Chhibbar.
  • $1.2M$1,175,529 was Chhibbar’s 2026 bonus, including a bonus associated with his initial hiring.
  • $19.5M$19,533,000 was 2026 net earnings, compared with $6,085,000 in 2025.

Other Friedman Industries 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.