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Cognex Executive Compensation (FY25)

CGNX · Natick, MA · Executive and director compensation, fiscal 2022 to 2025
Chief executive, fiscal 2025
◇
Matthew Moschner
Median of the other named officers
$3,481,865
5 officers, excluding the chief executive
Latest say-on-pay support
=
April 29, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 5, 2026Latest filing (8-K): April 30, 2026
13 filings cited on this page
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391 figures on this page: 380 cited to the filing that reported them, 11 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 of record: Robert Willett → Matthew Moschner
Say-on-pay support: 73.6% → 78.7% (5.1 points higher)
CEO pay ratio: 100:1 → 105:1 (5.0% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Cognex's chief executive and what were they paid?
Total compensation for Matthew Moschner, President and Chief Executive Officer, came to $8,099,369 in fiscal 2025.
What was Cognex's say-on-pay result?
The say-on-pay proposal drew 78.7% of votes cast for or against in favor at the meeting held April 29, 2026 for fiscal 2025.
Which companies are in Cognex's peer group?
Companies named in the disclosed peer group include Crane NXT, Co., Dolby Laboratories, Inc., InterDigital, Inc., IPG Photonics Corporation and Manhattan Associates, Inc., among others.
What is Cognex's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 105:1, against median employee compensation of $81,596.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert Willett
President and Chief Executive Officer
◇—◇◇◇—◇◇
Carl Gerst III
Executive Vice President Vision and ID Products
◇—◇◇◇—◇◇
Joerg Kuechen
Chief Technology Officer
◇—◇◇◇—◇◇
Paul Todgham
Former SVP and Chief Financial Officer
◇—◇◇◇—◇◇
Sheila DiPalma
Chief Culture Officer and EVP Employee Services
◇—◇◇◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert Willett
President and Chief Executive Officer
◇—◇◇◇—◇◇
Carl Gerst III
Executive Vice President Vision and ID Products
◇—◇◇◇—◇◇
Paul Todgham
Senior Vice President and Chief Financial Officer
◇—◇◇——◇◇
Joerg Kuechen
Chief Technology Officer
◇—◇◇◇—◇◇
Sheila DiPalma
Chief Culture Officer and Executive Vice President of Employee Services
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert Willett
President and Chief Executive Officer
◇—◇◇◇—◇◇
Carl Gerst III
Executive Vice President Vision and ID Products
◇—◇◇◇—◇◇
Dennis Fehr
Senior Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Joerg Kuechen
Chief Technology Officer
◇—◇◇◇—◇◇
Sheila DiPalma
Chief Culture Officer and EVP Employee Services
◇—◇◇◇—◇◇
Laura MacDonald
Vice President and Corporate Controller
◇—◇◇◇—◇◇
Paul Todgham
Former SVP and Chief Financial Officer
Departed during or after this year
◇—————◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Robert Willett
Former President and Chief Executive Officer
Departed during or after this year
◇—◇◇◇—◇◇
Matthew Moschner
President and Chief Executive Officer
◇—◇◇◇—◇◇
Carl Gerst III
Executive Vice President, Global Sales & Products
◇—◇◇◇—◇◇
Dennis Fehr
Senior Vice President and Chief Financial Officer
◇—◇◇◇—◇◇
Joerg Kuechen
Head of Corporate M&A
◇—◇◇◇—◇◇
Sheila DiPalma
Chief Culture Officer and Executive Vice President of Employee Services
◇—◇◇◇—◇◇
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
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Carl W. Gerst IIIRSU◇——◇——◇
Carl W. Gerst IIIOPTION◇——◇—◇◇
Carl W. Gerst IIIPSU◇—◇—◇—◇
Dennis S. FehrPSU◇—◇—◇—◇
Dennis S. FehrOPTION◇——◇—◇◇
Dennis S. FehrRSU◇——◇——◇
Joerg KuechenPSU◇—◇—◇—◇
Joerg KuechenRSU◇——◇——◇
Joerg KuechenOPTION◇——◇—◇◇
Matthew MoschnerPSU◇—◇—◇—◇
Matthew MoschnerRSU◇——◇——◇
Matthew MoschnerOPTION◇——◇—◇◇
Matthew MoschnerOPTION◇——◇—◇◇
Matthew MoschnerOPTION◇——◇—◇◇
Robert J. WillettPSU◇—◇—◇—◇
Robert J. WillettRSU◇——◇——◇
Robert J. WillettOPTION◇——◇—◇◇
Sheila M. DiPalmaRSU◇——◇——◇
Sheila M. DiPalmaPSU◇—◇—◇—◇
Sheila M. DiPalmaOPTION◇——◇—◇◇
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
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Matthew MoschnerOption◇—◇5/5/2035
Option◇—◇2/21/2035
Option◇—◇2/18/2035
Option◇—◇8/7/2033
Option◇—◇2/20/2034
Option◇—◇8/4/2032
RSU◇◇——
PSU◇◇——
Option◇—◇2/21/2033
RSU◇◇——
RSU◇◇——
Option◇—◇8/9/2031
RSU◇◇——
Robert WillettOption◇—◇2/20/2034
Option◇—◇2/18/2035
Option◇—◇2/21/2033
Option◇—◇2/22/2032
RSU◇◇——
PSU◇◇——
PSU◇◇——
PSU◇◇——
Option◇—◇2/16/2031
Carl Gerst IIIOption◇—◇2/20/2034
Option◇—◇2/18/2035
Option◇—◇2/21/2033
Option◇—◇2/22/2032
RSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
Dennis FehrOption◇—◇5/6/2034
Option◇—◇2/18/2035
RSU◇◇——
PSU◇◇——
RSU◇◇——
Joerg KuechenOption◇—◇2/20/2034
Option◇—◇2/18/2035
Option◇—◇2/21/2033
Option◇—◇8/4/2032
RSU◇◇——
PSU◇◇——
Option◇—◇2/22/2032
RSU◇◇——
RSU◇◇——
Option◇—◇2/16/2031
Sheila DiPalmaOption◇—◇2/20/2034
Option◇—◇2/18/2035
Option◇—◇2/21/2033
Option◇—◇2/22/2032
PSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.
Robert Willett
Former President and Chief Executive Officer · Terms as described in the company’s compensation discussion
Change-in-control trigger◇
Equity acceleration on change in control◇

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Anthony Sun
Board chair
◇◇————◇
John T.C. Lee
◇◇————◇
Marjorie T. Sennett
◇◇————◇
Sachin S. Lawande
◇◇————◇
Dianne M. Parrotte
◇◇————◇
Angelos Papadimitriou
◇◇————◇
Matthew Moschner, Christopher Donato and Sami Atiya 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◇
Board chair premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Crane NXT, Co. CXT
  • Dolby Laboratories, Inc. DLB
  • InterDigital, Inc. IDCC
  • IPG Photonics Corporation IPGP
  • Manhattan Associates, Inc. MANH
  • Novanta Inc. NOVT
  • Onto Innovation Inc. ONTO
  • OSI Systems, Inc. OSIS
  • Pegasystems Inc. PEGA
  • PTC Inc. PTC
  • Silicon Laboratories Inc. SLAB
  • Symbotic Inc. SYM
  • Trimble Inc. TRMB
  • Zebra Technologies Corporation ZBRA

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 29, 2026=◇◇◇
2024April 30, 2025=◇◇◇
2023May 1, 2024=◇◇◇
2022May 3, 2023=◇◇◇
2021May 4, 2022=◇◇◇
2020May 5, 2021=◇◇◇
2019April 23, 2020=◇◇◇
2018April 25, 2019=◇◇◇
2017April 25, 2018=◇◇◇
2016April 27, 2017=◇◇◇
2015April 28, 2016=◇◇◇

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?”
- Matthew Moschner (President and Chief Executive Officer), FY2025 total compensation $8,099,369 (base salary $528,846) [exec_comp, SEC accession 0001193125-26-105065, filed 2026-03-13]

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What this page does not include

Everything above is a fact Cognex disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Cognex sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
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Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
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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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
391 figures on this page: 380 cited to the filing that reported them, 11 calculated from figures it prints.
380 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000851205-26-000028
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001193125-26-105065
    CEO PAY RATIO · Compensation Discussion and Analysis · Director Compensation · Director Compensation Table—2025 · and 3 more sections
  3. 0000851205-25-000033
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001193125-25-054448
    Summary Compensation Table
  5. 0000851205-24-000054
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001193125-23-135029
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001193125-22-142337
  8. 0001193125-21-153256
  9. 0001193125-20-119050
  10. 0001193125-19-122302
  11. 0001157523-18-000863
  12. 0001157523-17-001351
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001157523-16-005319
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Velarion, “Cognex executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/CGNX (accessed 2026).
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13 filings cited on this page
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Tech — Hardware rankings

Chief executive pay — Tech — HardwareCEO pay ratio — Tech — HardwareSay-on-pay support — Tech — Hardware

Peers Cognex discloses

The companies named in CGNX's own disclosed peer group.

Crane NXT, Co.Dolby Laboratories, Inc.InterDigital, Inc.IPG Photonics CorporationManhattan Associates, Inc.Novanta Inc.Onto Innovation Inc.OSI Systems, Inc.Pegasystems Inc.PTC Inc.Silicon Laboratories Inc.Symbotic Inc.Trimble Inc.Zebra Technologies Corporation

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

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}
}
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