How Sullivan was paid
$11.1M 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.
Named executive officers
| Executive | Salary | Stock | Options | Incentive | Pension | Other | Total |
|---|---|---|---|---|---|---|---|
| Frank C. SullivanChair and Chief Executive Officer | $1,135,000 | $5,194,543 | $2,665,673 | $1,703,000 | $141,823 | $293,629 | $11,133,668 |
| David C. DennsteadtPresident and Chief Operating Officer | $615,000 | $1,227,952 | $2,013,215 | $738,000 | $80,268 | $38,393 | $4,712,828 |
| Russell L. GordonVice President and Chief Financial Officer | $625,000 | $1,197,650 | $543,715 | $750,000 | $87,017 | $72,344 | $3,275,726 |
| Janeen B. KastnerVice President – Corporate Benefits and Risk Management | $475,000 | $1,024,182 | $443,789 | $570,000 | $128,113 | $60,019 | $2,701,103 |
| Timothy R. KinserVice President – Operations | $465,000 | $981,605 | $443,789 | $558,000 | $113,505 | $38,819 | $2,600,718 |
What changed and why
- $11.1M$11,133,668 CEO total compensation in fiscal 2026 versus $11,158,125 in fiscal 2025.
- 55%55% of named executive officer compensation was variable and tied to performance.
- No bonuses were awarded to named executive officers during fiscal 2026.
- 92%92% of votes cast supported named executive officer compensation at last year’s say-on-pay vote.
- $8.9M$8,913,554 was the stated maximum grant-date value of Mr. Sullivan’s PSU award.
- Annual cash incentives were based on achievement of performance objectives under the Incentive Plan.
Other RPM International proxy statements
- 2025 proxy statement
Frank C. Sullivan paid $11.2M (-5% on the year), pay ratio 186:1.
Filed Aug 21, 2025
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.