How Malone was paid
$828,017 in total for fiscal Year 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 | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Daniel J. ThorenExecutive Chairman, Former CEO | $500,000 | — | $850,024 | $471,000 | — | $32,350 | $1,853,374 |
| Christopher J. ThomeVP - Finance, CFO, CAO and Corporate Secretary | $359,986 | — | $252,022 | $204,660 | — | $25,976 | $842,644 |
| Alan E. SmithVP and General Manager - Batavia | $330,000 | — | $197,988 | $190,839 | $76,611 | $16,963 | $812,401 |
| Matthew J. MalonePresident & CEO, Former VP and GM - Barber-Nichols | $341,667 | $54,275 | $197,988 | $195,450 | — | $38,637 | $828,017 |
What changed and why
- $828K$828,017 was Matthew Malone’s total compensation for fiscal 2025, down from $1,075,008 in fiscal 2024.
- $1.9M$1,853,374 was Daniel Thoren’s total compensation for fiscal 2025, including $850,024 in stock awards.
- June 10, 2025 marked Matthew Malone’s transition to President and Chief Executive Officer.
- June 10, 2025 marked Daniel Thoren’s transition from Chief Executive Officer to Executive Chairman.
- $54,275$54,275 was Malone’s bonus under the Amended and Restated Performance Bonus Agreement.
- Fiscal 2025 equity awards included performance stock units and restricted stock units.
Other Graham proxy statements
- 2026 proxy statement
Matthew J. Malone paid $1.8M (+118% on the year), pay ratio 24:1.
Filed Jul 14, 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.