Astronics Executive Compensation (FY25)

Name: Astronics (ATRO) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

ATRO · Executive and director compensation, fiscal 2022 to 2025

Chief executive, fiscal 2025

◇

Peter Gundermann

Median of the other named officers

$1,152,637

5 officers, excluding the chief executive

Latest say-on-pay support

May 28, 2026

Chief executive pay ratio

◇

To the median employee

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Data as of November 2, 2026Latest filing (8-K): May 28, 2026

7 filings cited on this page

Method: intel.velarion.ai/methodology

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251 figures on this page: 247 cited to the filing that reported them, 4 calculated from figures it prints. See the citations

What changed from fiscal 2024 to fiscal 2025

The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.

Chief executive total compensation — Peter Gundermann: $2,922,993 → $4,564,990 (56.2% higher)

Frequently asked questions

Answers drawn from the data on this page.

Who is Astronics' chief executive and what were they paid?

Peter Gundermann was paid $4,564,990 in total compensation as Chairman, President and Chief Executive Officer for fiscal 2025. Gundermann's total was 56.2% higher than the $2,922,993 reported for fiscal 2024.

What was Astronics' say-on-pay result?

The say-on-pay proposal drew 97.0% of votes cast for or against in favor at the meeting held May 28, 2026 for fiscal 2025.

What is Astronics' chief executive pay ratio?

For fiscal 2025, the company reported a chief executive pay ratio of 65.5:1, against median employee compensation of $69,702.

Executive compensation

Every element reported for each named executive officer, by fiscal year.

Fiscal 2022

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Peter Gundermann President and Chief Executive Officer	◇	—	◇	◇	—	—	◇	◇
Mark Peabody Executive Vice President and President of Aerospace Segment	◇	—	◇	◇	—	—	◇	◇
Michael Kuehn Executive Vice President	◇	—	◇	◇	—	—	◇	◇
James Mulato Executive Vice President and President of Test Segment	◇	—	◇	◇	—	—	◇	◇
David Burney Executive Vice President- Finance, Chief Financial Officer and Treasurer	◇	—	◇	◇	—	—	◇	◇
James Kramer Executive Vice President	◇	—	◇	◇	—	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Peter Gundermann Chairman, President and Chief Executive Officer	◇	◇	◇	◇	—	◇	◇	◇
Mark Peabody Executive Vice President and President of Aerospace Segment	◇	◇	◇	◇	—	◇	◇	◇
David Burney Executive Vice President-Finance, Chief Financial Officer and Treasurer	◇	◇	◇	◇	—	◇	◇	◇
Michael Kuehn Executive Vice President	◇	◇	◇	◇	—	—	◇	◇
James Mulato Executive Vice President and President of Test Segment	◇	◇	◇	◇	—	—	◇	◇
James Kramer Executive Vice President	◇	◇	◇	◇	—	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Peter Gundermann Chairman, President and Chief Executive Officer	◇	◇	◇	◇	—	—	◇	◇
David Burney Former Executive Vice President-Finance, Chief Financial Officer and Treasurer	◇	◇	◇	—	—	◇	◇	◇
Mark Peabody Executive Vice President and President of Aerospace Segment	◇	◇	◇	—	—	—	◇	◇
James Mulato Executive Vice President and President of Test Segment	◇	◇	◇	—	—	—	◇	◇
Nancy Hedges Vice President, Chief Financial Officer and Treasurer	◇	◇	◇	—	—	—	◇	◇

Fiscal 2025

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Peter Gundermann Chairman, President and Chief Executive Officer	◇	◇	◇	◇	—	◇	◇	◇
Mark Peabody Executive Vice President of the Company and President of the Aerospace Segment	◇	◇	◇	—	—	◇	◇	◇
Nancy Hedges Vice President, Chief Financial Officer and Treasurer	◇	◇	◇	—	—	—	◇	◇
James Mulato President of Astronics Test Systems, Inc.	◇	◇	◇	—	—	—	◇	◇
Julie Davis General Counsel and Secretary	◇	◇	◇	—	—	—	◇	◇
David Burney Former Executive Vice President-Finance, Chief Financial Officer and Treasurer Departed during or after this year	◇	—	—	—	—	—	◇	◇

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.

Fiscal 2025

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
James F. Mulato	PSU	◇	◇	◇	—	◇	—	◇
Julie M. Davis	PSU	◇	—	◇	—	◇	—	◇
Mark A. Peabody	PSU	◇	◇	◇	—	◇	—	◇
Nancy L. Hedges	PSU	◇	◇	◇	—	◇	—	◇
Peter J. Gundermann	OPTION	◇	—	—	◇	—	◇	◇
Peter J. Gundermann	PSU	◇	◇	◇	—	◇	—	◇

Fiscal 2023, 2024 are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.

As disclosed at fiscal 2025 year end

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Peter Gundermann	Option	◇	—	◇	12/5/2034
	Option	◇	—	◇	12/4/2035
	Option	◇	—	◇	12/7/2033
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	Option	◇	—	◇	1/22/2031
	PSU	◇	◇	—	—
David Burney	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
James Mulato	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	Option	◇	—	◇	1/22/2031
	Option	◇	—	◇	12/7/2033
Nancy Hedges	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
Mark Peabody	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	Option	◇	—	◇	1/22/2031
	Option	◇	—	◇	12/7/2033
Julie Davis	PSU	◇	◇	—	—
	PSU	◇	◇	—	—
	PSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.

Fiscal 2025

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Warren C. Johnson	◇	◇	—	—	—	—	◇
Mark Moran	◇	◇	—	—	—	—	◇
Robert T. Brady Lead independent director	◇	◇	—	—	—	—	◇
Neil Y. Kim	◇	◇	—	—	—	—	◇
Jeffry D. Frisby	◇	◇	—	—	—	—	◇
Robert S. Keane	◇	◇	—	—	—	—	◇
Linda G. O'Brien	◇	◇	—	—	—	—	◇
Fay West	◇	◇	—	—	—	—	◇

Peter J. Gundermann served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.

Earlier years are included in the PDF.

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.

Board cash retainer	◇
Board equity retainer	◇
Total board retainer	◇

Equity is delivered as restricted stock units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2025	May 28, 2026	=	◇	◇	◇
2022	May 23, 2023	=	◇	◇	◇
2019	May 21, 2020	=	◇	◇	◇
2016	May 31, 2017	=	◇	◇	◇

Chief executive pay ratio

As calculated and reported by the company.

Ratio

◇

Median employee compensation

◇

Chief executive total compensation

◇

Ask our research desk — $99, 24h, every figure cited to its filing.

Sample answer — “What is the CEO’s total compensation?”

- Peter Gundermann (Chairman, President and Chief Executive Officer), FY2025 total compensation $4,564,990 (base salary $658,570) [exec_comp, SEC accession 0001140361-26-015301, filed 2026-04-17]

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What this page does not include

Everything above is a fact Astronics disclosed, and it is free. Everything below is our analysis of those facts, and it is not.

Written compensation analysis

A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.

Executive Compensation Report — $500

Board and governance analysis

Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.

Board Governance Report — $500

Realizable pay

What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.

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Adviser switching and vote outcomes

Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.

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Multiple companies at once

Cross-company views, cohort screens, and data export across the industries we cover. This page is one company; the platform is all of them.

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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.

251 figures on this page: 247 cited to the filing that reported them, 4 calculated from figures it prints.

247 cited to the filing

4 calculated from the filing

Documents cited

8-K, filed May 28, 2026
0000008063-26-000029
Item 5.07 Submission of Matters to a Vote of Security Holders
DEF 14A, filed April 17, 2026
0001140361-26-015301
CEO PAY RATIO · GRANTS OF PLAN-BASED AWARDS · OUTSTANDING EQUITY AWARDS AT FISCAL YEAR END · SUMMARY COMPENSATION TABLE · and 1 more section
DEF 14A, filed April 9, 2025
0001140361-25-013039
DEF 14A, filed March 26, 2024
0001140361-24-015352
Summary Compensation Table
8-K, filed May 24, 2023
0000008063-23-000032
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed May 21, 2020
0000008063-20-000029
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed May 31, 2017
0000008063-17-000022
Item 5.07 Submission of Matters to a Vote of Security Holders

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Velarion, “Astronics executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/ATRO (accessed 2026).

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Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

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7 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

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Cite this data

APA

Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854

BibTeX

@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}