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Tech — Hardware

Transcat Executive Compensation (FY26)

TRNS · Executive and director compensation, fiscal 2022 to 2026
Latest say-on-pay support
=
September 9, 2026
Chief executive pay ratio
◇
To the median employee
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Data as of November 5, 2026Latest filing (8-K): September 10, 2026
16 filings cited on this page
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336 figures on this page: 325 cited to the filing that reported them, 11 calculated from figures it prints. See the citations

More on Transcat

Five data products on this company. Each one is requested through the developer setup page.
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Lee Rudow: $1,815,360 → $5,862,200 (222.9% higher)
CEO pay ratio: 28:1 → 87:1 (210.7% higher)

Frequently asked questions

Answers drawn from the data on this page.
What was Transcat's say-on-pay result?
For fiscal 2026, the say-on-pay proposal drew 98.1% support at the meeting held September 9, 2026.
Which companies are in Transcat's peer group?
The disclosed peer group names AeroVironment, Inc., Argan, Inc., Axsome Therapeutics, Inc., Cryoport, Inc. and Ducommun Incorporated, among others. The Fiscal 2027 Peer Group includes Cytek Biosciences, Inc. and Tactile Systems Technology, Inc.
What is Transcat's chief executive pay ratio?
The company reported a chief executive pay ratio of 87:1 for fiscal 2026, against median employee compensation of $67,600.

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
Lee Rudow
President and Chief Executive Officer
◇—◇—◇—◇◇
Mark Doheny
Former Chief Operating Officer
◇—◇—◇—◇◇
James Jenkins
Former Chief Legal Officer, Corporate Development Officer and Corporate Secretary
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lee Rudow
President and Chief Executive Officer
◇—◇◇◇—◇◇
Mark Doheny
Former Chief Operating Officer
◇—◇◇◇—◇◇
Thomas Barbato
Chief Financial Officer
◇—◇◇◇—◇◇
James Jenkins
Former Chief Legal Officer, Corporate Development Officer and Corporate Secretary
◇—◇◇◇—◇◇
Theresa Conroy
Senior Vice President, Human Resources
◇—◇◇◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lee Rudow
Former President and Chief Executive Officer
◇—◇—◇—◇◇
Thomas Barbato
Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Mark Doheny
Former Chief Operating Officer
Departed during or after this year
◇—◇—◇—◇◇
James Jenkins
Former Chief Legal Officer, Corporate Development Officer and Corporate Secretary
Departed during or after this year
◇—◇—◇—◇◇
Michael West
Chief Operating Officer
◇—◇—◇—◇◇
Theresa Conroy
Chief Human Resources Officer
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lee Rudow
President and Chief Executive Officer
◇—◇—◇—◇◇
Thomas Barbato
Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Michael West
Chief Operating Officer
◇—◇—◇—◇◇
Theresa Conroy
Senior Vice President, Human Resources
◇—◇—◇—◇◇
Michael Haddad
Chief Information Officer
◇—◇—◇—◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Lee Rudow
Former President and Chief Executive Officer
Departed during or after this year
◇—◇—◇—◇◇
Thomas Barbato
Chief Financial Officer and Treasurer
◇—◇—◇—◇◇
Michael West
Chief Operating Officer
◇—◇—◇—◇◇
Theresa Conroy
Chief Human Resources Officer
◇—◇—◇—◇◇
Michael Haddad
Chief Information Officer
◇—◇—◇—◇◇
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 2026
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Lee D. RudowRSU◇——◇——◇
Lee D. RudowRSU◇——◇——◇
Lee D. RudowPSU◇◇◇—◇—◇
Lee D. RudowPSU◇◇◇—◇—◇
Michael J. HaddadRSU◇——◇——◇
Michael J. HaddadRSU◇——◇——◇
Michael J. HaddadPSU◇◇◇—◇—◇
Michael W. WestRSU◇——◇——◇
Michael W. WestRSU◇——◇——◇
Michael W. WestPSU◇◇◇—◇—◇
Theresa A. ConroyRSU◇——◇——◇
Theresa A. ConroyRSU◇——◇——◇
Theresa A. ConroyPSU◇◇◇—◇—◇
Thomas L. BarbatoRSU◇——◇——◇
Thomas L. BarbatoRSU◇——◇——◇
Thomas L. BarbatoPSU◇◇◇—◇—◇
Fiscal 2023, 2024, 2025 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 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Thomas BarbatoRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Lee RudowPSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Michael WestRSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
RSU◇◇——
PSU◇◇——
Theresa ConroyRSU◇◇——
PSU◇◇——
RSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
Michael HaddadRSU◇◇——
RSU◇◇——
PSU◇◇——
PSU◇◇——
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.
Lee Rudow
Former President and Chief Executive Officer · Change-in-control agreement
Equity acceleration on change in control◇
Clawback◇
Michael Haddad
Chief Information Officer · Change-in-control agreement
Equity acceleration on change in control◇
Clawback◇
Michael West
Chief Operating Officer · Change-in-control agreement
Equity acceleration on change in control◇
Clawback◇
Theresa Conroy
Chief Human Resources Officer · Change-in-control agreement
Equity acceleration on change in control◇
Clawback◇
Thomas Barbato
Chief Financial Officer and Treasurer · Change-in-control agreement
Clawback◇

Director compensation

What each non-employee director was paid.
Fiscal 2026
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Gary J. Haseley
Board chair
◇◇————◇
Mbago M. Kaniki
◇◇————◇
Oksana S. Dominach
◇◇————◇
Craig D. Cairns
◇◇————◇
Cynthia M. Langston
◇◇————◇
Christopher P. Gillette
◇◇————◇
Dawn G. DePerrior
◇◇————◇
Robert L. Mecca
◇◇————◇
Charles P. Hadeed
◇—————◇
Jaime A. Irick served on the board in fiscal 2026 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◇
Compensation committee chair◇
Nominating and governance chair◇
Equity is delivered as restricted stock units.
Stock ownership guideline: 3.0x annual cash retainer

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2026
  • AeroVironment, Inc. AVAV
  • Argan, Inc. AGX
  • Axsome Therapeutics, Inc. AXSM
  • Cryoport, Inc. CYRX
  • Ducommun Incorporated DCO
  • Graham Corporation GHM
  • LeMaitre Vascular, Inc. LMAT
  • Ligand Pharmaceuticals Incorporated LGND
  • Mesa Laboratories, Inc. MLAB
  • Omega Flex, Inc. OFLX
  • Powell Industries, Inc. POWL
  • Standex International Corporation SXI
  • Surmodics, Inc. SRDX
  • Willis Lease Finance Corporation WLFC
Fiscal 2027 Peer Group
  • Cytek Biosciences, Inc. CTKB
  • Tactile Systems Technology, Inc. TCMD

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2026September 9, 2026=◇◇◇
2025September 10, 2025=◇◇◇
2024September 11, 2024=◇◇◇
2023September 6, 2023=◇◇◇
2022September 7, 2022=◇◇◇
2021September 8, 2021=◇◇◇
2020September 9, 2020=◇◇◇
2019September 11, 2019=◇◇◇
2018September 12, 2018=◇◇◇
2017September 13, 2017=◇◇◇
2016September 7, 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?”
- Lee Rudow (Former President and Chief Executive Officer), FY2026 total compensation $5,862,200 (base salary $737,000) [exec_comp, SEC accession 0001140361-26-029371, filed 2026-07-23]

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What this page does not include

Everything above is a fact Transcat disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Transcat 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 — $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 — $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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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
336 figures on this page: 325 cited to the filing that reported them, 11 calculated from figures it prints.
325 cited to the filing
11 calculated from the filing

Documents cited

  1. 0001628280-26-061346
    Item 5.07 Submission of Matters to a Vote of Security Holders.
  2. 0001140361-26-029371
    2026 Summary Compensation Table · CEO Pay Ratio · DIRECTOR COMPENSATION · Fiscal 2026 Director Compensation Table · and 3 more sections
  3. 0001206774-25-000682
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001206774-25-000462
  6. 0001206774-24-000898
  7. 0001206774-24-000686
  8. 0001206774-23-001124
  9. 0001437749-23-020266
  10. 0001206774-22-002407
  11. 0001206774-21-002484
  12. 0001206774-20-002746
  13. 0001206774-19-003244
  14. 0001206774-18-002766
  15. 0001206774-17-002766
  16. 0001206774-16-007183
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Transcat executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/TRNS (accessed 2026).
Short form: data: Velarion

The paid brief for Transcat

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.
From $500 for the board report; $900 for both.
Get the executive briefGet the board briefNo account needed.
16 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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Tech — Hardware rankings

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

Peers Transcat discloses

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

AeroVironment, Inc.Argan, Inc.Axsome Therapeutics, Inc.Cryoport, Inc.Ducommun IncorporatedGraham CorporationLeMaitre Vascular, Inc.Ligand Pharmaceuticals IncorporatedMesa Laboratories, Inc.Omega Flex, Inc.Powell Industries, Inc.Standex International CorporationSurmodics, Inc.Willis Lease Finance CorporationCytek Biosciences, Inc.Tactile Systems Technology, Inc.

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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