DEF 14A of Espey MFG & Electronics Corp, Oct 28, 2025

DEF 14A of Espey MFG & Electronics Corp

Filed Oct 28, 2025 · FY20250001174947-25-001301

Open on EDGAR

  1. THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF THE FOLLOWING

    | Name | Fees Earned or Paid Cash $ | Option Awards (1) $ | Total $ | | Paul J. Corr | $74,500 | $6,000 | $80,500 | | Carl Helmetag | $72,000 | $6,000 | $78,000 | | Nancy K. Patzwahl | $72,000 | $6,000 | $78,000 | | Michael Wool | $79,500 | $6,000 | $85,500 |

  2. THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF THE FOLLOWING

    | SUMMARY COMPENSATION TABLE | | | | | | | | Name and Principal Position | Year | Salary $ | Bonus $ | Option Awards (1) $ | All Other Compensation (2) $ | Total $ | | David O'Neil | 2025 | $313,575 | $300,300 | $7,455 | $33,817 | $655,147 | | President and Chief | 2024 | $306,025 | $280,000 | $20,150 | $15,789 | $621,964 | | Executive Officer | | | | | | | | Katrina Sparano | 2025 | $127,144 | $45,000 | $0 | $170 | $172,314 | | Chief Financial Officer and | 2024 | $190,173 | $45,000 | $20,150 | $13,025 | $268,348 | | Treasurer | | | | | | | | Kaitlyn O’Neil | 2025 | $60,000 | $0 | $10,725 | $600 | $71,325 | | Principal Financial Officer | 2024 | — | — | — | — | — | | and Treasurer | | | | | | | | Jennifer Pickering | 2025 | $194,096 | $12,500 | $27,250 | $26,879 | $260,725 | | Chief HR Officer and | 2024 | — | — | — | — | — | | Corporate Secretary | | | | | | |

  3. THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF THE FOLLOWING

    | Year | Summary Compensation Table Total for David O’Neil (1) | Compensation Actually Paid to David O’Neil (1) (3) | Average Summary Compensation Table Total for Non-PEO NEOs (1) | Average Compensation Actually Paid to Non-PEO NEOs (1) (3) | Value of Initial Fixed $100 Investment Based on Total Shareholder Return (2) | Net Income (in thousands) | | 2025 | $655,147 | $926,742 | $168,121 | $368,233 | $315 | $8,142 | | 2024 | $621,964 | $651,079 | $268,348 | $297,463 | $148 | $5,815 | | 2023 | $441,788 | $456,905 | $211,822 | $222,410 | $114 | $3,677 |

  4. THE BOARD OF DIRECTORS RECOMMENDS A VOTE FOR THE ELECTION OF THE FOLLOWING

    | (3) Deductions from, and additions to, total compensation as reported in the Summary Compensation Table by year to calculate compensation actually paid as follows: |