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Federal Signal Executive Compensation (FY25)

FSS · Executive and director compensation, fiscal 2023 to 2025

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Data as of September 9, 2026Latest filing (8-K): April 22, 2026
10 filings cited on this page
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Federal Signal brief$1,500Get the executive brief
292 figures on this page: 283 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Jennifer Sherman
Latest say-on-pay support
=
April 21, 2026
Chief executive pay ratio
◇
To the median employee
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 — Jennifer Sherman: $7,581,191 → $8,421,321 (11.1% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Federal Signal's chief executive and what were they paid?
Jennifer Sherman was paid $8,421,321 in total compensation as President and CEO for fiscal 2025. Sherman's total was 11.1% higher than the $7,581,191 reported for fiscal 2024.
What was Federal Signal's say-on-pay result?
The say-on-pay proposal drew 92.3% of votes cast for or against in favor at the meeting held April 21, 2026 for fiscal 2025.
Which companies are in Federal Signal's peer group?
The disclosed peer group includes Alamo Group Inc., Allison Transmission Holdings, Inc., Barnes Group Inc., Brady Corporation and Chart Industries, Inc., among others.
What is Federal Signal's chief executive pay ratio?
For fiscal 2025, the company reported a chief executive pay ratio of 115:1, against median employee compensation of $73,287.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jennifer Sherman
President and CEO
◇—◇◇◇◇◇◇
Mark Weber
Senior Vice President and COO
◇—◇◇◇—◇◇
Ian Hudson
Senior Vice President and CFO
◇—◇◇◇—◇◇
Diane Bonina
Vice President and General Counsel
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jennifer Sherman
President and CEO
◇—◇◇◇◇◇◇
Mark Weber
Senior Vice President and COO
◇—◇◇◇—◇◇
Ian Hudson
Senior Vice President and CFO
◇—◇◇◇—◇◇
Diane Bonina
Vice President and General Counsel
◇—◇◇◇—◇◇
Felix Boeschen
Vice President, Corporate Strategy and Investor Relations
◇—◇◇◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jennifer Sherman
President and CEO
◇—◇◇◇◇◇◇
Mark Weber
Senior Vice President and COO
◇—◇◇◇—◇◇
Ian Hudson
Senior Vice President and CFO
◇—◇◇◇—◇◇
Diane Bonina
Vice President and General Counsel
◇—◇◇◇—◇◇
Felix Boeschen
Vice President, Corporate Strategy and Investor Relations
◇—◇◇◇—◇◇
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
Diane I. BoninaOPTION◇——◇—◇◇
Diane I. BoninaRSU◇——◇——◇
Diane I. BoninaPSU◇◇◇—◇—◇
Felix M. BoeschenPSU◇◇◇—◇—◇
Felix M. BoeschenRSU◇——◇——◇
Felix M. BoeschenOPTION◇——◇—◇◇
Ian A. HudsonPSU◇◇◇—◇—◇
Ian A. HudsonOPTION◇——◇—◇◇
Ian A. HudsonRSU◇——◇——◇
Jennifer L. ShermanRSU◇——◇——◇
Jennifer L. ShermanPSU◇◇◇—◇—◇
Jennifer L. ShermanOPTION◇——◇—◇◇
Mark D. WeberPSU◇◇◇—◇—◇
Mark D. WeberRSU◇——◇——◇
Mark D. WeberOPTION◇——◇—◇◇
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
Jennifer ShermanRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇5/4/33
Option◇—◇5/2/34
Option◇—◇5/2/35
Mark WeberRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇5/2/34
Option◇—◇5/4/33
Option◇—◇5/2/35
Ian HudsonRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇5/4/33
Option◇—◇5/2/34
Option◇—◇5/2/35
Diane BoninaRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇5/4/33
Option◇—◇5/2/34
Option◇—◇5/2/35
Felix BoeschenRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇5/2/34
Option◇—◇5/2/35
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
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Brenda L. Reichelderfer
Board chair
◇◇————◇
John L. Workman
◇◇————◇
Shashank Patel
◇◇————◇
Katrina L. Helmkamp
◇◇————◇
Dennis J. Martin
◇◇————◇
Eugene J. Lowe III
◇◇————◇
Bill Owens
◇—————◇
Jennifer L. Sherman, Richard A. Maue and Eric A. Vaillancourt 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.
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◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Alamo Group Inc. ALG
  • Allison Transmission Holdings, Inc. ALSN
  • Barnes Group Inc. B
  • Brady Corporation BRC
  • Chart Industries, Inc. GTLS
  • Columbus McKinnon Corporation CMCO
  • EnPro Inc. NPO
  • Franklin Electric Co., Inc. FELE
  • Graco Inc. GGG
  • IDEX Corporation IEX
  • JBT Marel Corporation JBT
  • MSA Safety Incorporated MSA
  • SPX Technologies, Inc. SPXC
  • Standex International Corporation SXI
  • Tennant Company TNC
  • Terex Corporation TEX
  • The Toro Company TTC
  • Wabash National Corporation WNC

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 21, 2026=◇◇◇
2024April 22, 2025=◇◇◇
2023April 23, 2024=◇◇◇
2022April 25, 2023=◇◇◇
2021April 26, 2022=◇◇◇
2020April 27, 2021=◇◇◇
2019April 21, 2020=◇◇◇
2017May 1, 2018=◇◇◇
2015April 26, 2016=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
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What this page does not include

Everything above is a fact Federal Signal disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Federal Signal 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.
Executive Compensation Report — $1,500
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 — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
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.
Velarion Intelligence
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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
292 figures on this page: 283 cited to the filing that reported them, 9 calculated from figures it prints.
283 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001628280-26-026450
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001628280-26-015646
    Director Compensation in the Last Fiscal Year · Grants of Plan-Based Awards · Summary Compensation Table
  3. 0000277509-25-000029
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000277509-24-000018
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0000277509-23-000026
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000277509-22-000018
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0000277509-21-000015
  8. 0000277509-20-000026
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000277509-18-000021
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0000277509-16-000116
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Federal Signal executive compensation, FY2023–FY2025.” https://intel.velarion.ai/comp/FSS (accessed 2026).
Short form: data: Velarion

The Federal Signal brief, $1,500

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
Both reports for $2,400.
Get the executive briefGet the board briefNo account needed.
10 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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Peers Federal Signal discloses

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

Alamo Group Inc.Allison Transmission Holdings, Inc.Barnes Group Inc.Brady CorporationChart Industries, Inc.Columbus McKinnon CorporationEnPro Inc.Franklin Electric Co., Inc.Graco Inc.IDEX CorporationMSA Safety IncorporatedSPX Technologies, Inc.Standex International CorporationTennant CompanyTerex CorporationThe Toro CompanyWabash National 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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