Transcat Executive Compensation (FY26)
TRNS · Executive and director compensation, fiscal 2024 to 2026
The paid brief on 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 $1,200 for the board report; $2,400 for both.
Data as of September 11, 2026Latest filing (8-K): September 10, 2026
14 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
$1,500Get the executive brief
270 figures on this page: 259 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.
- Peer Disclosure Audit$5The comparison companies this board named, each one tied to the filing that lists it.How to get Peer Disclosure Audit
- Governance Provisions PullfreeThe governance provisions as the proxy states them: board leadership, committee membership, and shareholder rights.How to get Governance Provisions Pull
- Say-on-Pay Risk Signal$9A risk band for the next say-on-pay vote, with the support history and the peer comparison behind it.How to get Say-on-Pay Risk Signal
- NEO Comp Report$24Every named executive officer’s pay by element and year, with the citation behind each figure.How to get NEO Comp Report
- Board Comp Report$24What each non-employee director was paid, the standing fee schedule, and the equity each one holds at year end.How to get Board Comp Report
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 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Lee Rudow Former President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Thomas Barbato Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael West Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Theresa Conroy Chief Human Resources Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Lee Rudow Former President and Chief Executive Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Thomas Barbato Chief Financial Officer and Treasurer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael West Chief Operating Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Theresa Conroy Chief Human Resources Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Michael Haddad Chief Information Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2026
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| Lee D. Rudow | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Lee D. Rudow | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Lee D. Rudow | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Lee D. Rudow | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael J. Haddad | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael J. Haddad | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael J. Haddad | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael W. West | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Michael W. West | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Michael W. West | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Theresa A. Conroy | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Theresa A. Conroy | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Theresa A. Conroy | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Thomas L. Barbato | PSU | ◇ | ◇ | ◇ | — | ◇ | — | ◇ |
| Thomas L. Barbato | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Thomas L. Barbato | RSU | ◇ | — | — | ◇ | — | — | ◇ |
Fiscal 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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Michael West | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| Thomas Barbato | RSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Theresa Conroy | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Lee Rudow | PSU | ◇ | ◇ | — | — |
| PSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| PSU | ◇ | ◇ | — | — | |
| Michael Haddad | RSU | ◇ | ◇ | — | — |
| RSU | ◇ | ◇ | — | — | |
| RSU | ◇ | ◇ | — | — | |
| 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 2026
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Gary J. Haseley Board chair | ◇ | ◇ | — | — | — | — | ◇ |
Mbago M. Kaniki | ◇ | ◇ | — | — | — | — | ◇ |
Oksana S. Dominach | ◇ | ◇ | — | — | — | — | ◇ |
Cynthia M. Langston | ◇ | ◇ | — | — | — | — | ◇ |
Craig D. Cairns | ◇ | ◇ | — | — | — | — | ◇ |
Dawn G. DePerrior | ◇ | ◇ | — | — | — | — | ◇ |
Christopher P. Gillette | ◇ | ◇ | — | — | — | — | ◇ |
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 | ◇ |
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.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2026 | September 9, 2026 | = | ◇ | ◇ | ◇ |
| 2025 | September 10, 2025 | = | ◇ | ◇ | ◇ |
| 2024 | September 11, 2024 | = | ◇ | ◇ | ◇ |
| 2023 | September 6, 2023 | = | ◇ | ◇ | ◇ |
| 2022 | September 7, 2022 | = | ◇ | ◇ | ◇ |
| 2021 | September 8, 2021 | = | ◇ | ◇ | ◇ |
| 2020 | September 9, 2020 | = | ◇ | ◇ | ◇ |
| 2019 | September 11, 2019 | = | ◇ | ◇ | ◇ |
| 2018 | September 12, 2018 | = | ◇ | ◇ | ◇ |
| 2017 | September 13, 2017 | = | ◇ | ◇ | ◇ |
| 2016 | September 7, 2016 | = | ◇ | ◇ | ◇ |
Chief executive pay ratio
As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Inquire about accessMultiple 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.
Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
270 figures on this page: 259 cited to the filing that reported them, 11 calculated from figures it prints.
259 cited to the filing
11 calculated from the filing
Documents cited
- 0001628280-26-061346Item 5.07 Submission of Matters to a Vote of Security Holders.
- 0001140361-26-0293712026 Summary Compensation Table · CEO Pay Ratio · DIRECTOR COMPENSATION · Fiscal 2026 Director Compensation Table · and 3 more sections
- 0001206774-25-000682Item 5.07 Submission of Matters to a Vote of Security Holders
- 0001206774-25-0004622025 Summary Compensation Table
- 0001206774-24-000898
- 0001206774-24-0006862024 Summary Compensation Table
- 0001206774-23-001124
- 0001206774-22-002407
- 0001206774-21-002484
- 0001206774-20-002746
- 0001206774-19-003244
- 0001206774-18-002766
- 0001206774-17-002766
- 0001206774-16-007183
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Transcat executive compensation, FY2024–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 $1,200 for the board report; $2,400 for both.
14 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 Transcat discloses
The companies named in TRNS's own disclosed peer group.
AeroVironment, Inc.Argan, Inc.Axsome Therapeutics, Inc.Cryoport, Inc.Graham 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
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}
}