Mesa Labs DEF 14A: Executive Pay Details Revealed

Ticker: MLAB · Form: DEF 14A · Filed: Jul 19, 2024 · CIK: 724004

Mesa Laboratories Inc /Co/ DEF 14A Filing Summary
FieldDetail
CompanyMesa Laboratories Inc /Co/ (MLAB)
Form TypeDEF 14A
Filed DateJul 19, 2024
Risk Levellow
Pages15
Reading Time18 min
Sentimentneutral

Sentiment: neutral

Topics: executive-compensation, proxy-statement, corporate-governance

Related Tickers: MLAB

TL;DR

MLAB exec comp filing out - see how much Sakys & Jones are making.

AI Summary

Mesa Laboratories Inc. (MLAB) filed a DEF 14A on July 19, 2024, detailing executive compensation for the fiscal year ending March 31, 2024. The filing includes information on the compensation of its named executive officers, such as CEO John Sakys and CFO Michael Jones. Specific details on base salary, bonuses, stock awards, and other compensation components are provided for these individuals.

Why It Matters

This filing provides transparency into how much Mesa Laboratories pays its top executives, which can influence investor perception and corporate governance discussions.

Risk Assessment

Risk Level: low — This is a routine DEF 14A filing disclosing executive compensation, which typically does not introduce new material risks.

Key Numbers

  • 20240331 — Fiscal Year End (Reporting period for compensation details)
  • 20240719 — Filing Date (Date the DEF 14A was submitted to the SEC)

Key Players & Entities

  • Mesa Laboratories Inc. (company) — Filer
  • John Sakys (person) — CEO
  • Michael Jones (person) — CFO
  • 0000724004 (company) — Central Index Key

FAQ

What was the total compensation for CEO John Sakys for the fiscal year ending March 31, 2024?

The filing details the compensation components for John Sakys, including base salary, stock awards, and other compensation, for the fiscal year ending March 31, 2024. Specific dollar amounts are listed within the proxy statement.

What is the primary purpose of a DEF 14A filing?

A DEF 14A filing is a Definitive Proxy Statement filed with the SEC by a company to solicit proxies from its shareholders for an upcoming shareholder meeting, often including details on executive compensation, director nominations, and other corporate governance matters.

When was Mesa Laboratories Inc. incorporated?

Mesa Laboratories Inc. was incorporated in Colorado (CO).

Are there any proposed amendments or changes to the company's charter or bylaws mentioned in this filing?

This DEF 14A filing primarily focuses on executive compensation for the fiscal year ending March 31, 2024. Information regarding proposed amendments to the charter or bylaws would typically be found if such proposals were to be voted on at a shareholder meeting.

What is the Standard Industrial Classification (SIC) code for Mesa Laboratories Inc.?

The SIC code for Mesa Laboratories Inc. is 3823, which corresponds to 'Industrial Instruments for Measurement, Display, and Control'.

Filing Stats: 4,439 words · 18 min read · ~15 pages · Grade level 15.9 · Accepted 2024-07-19 08:00:27

Filing Documents

Executive Compensation Highlights

Executive Compensation Highlights Mesa strives to provide compensation that will attract and retain high-performing talent in our industry, motivate the Company's executive officers to create long-term shareholder value through organic and acquisitive growth, and provide appropriate monetary compensation for the significant effort involved in leadership positions at a public company. The Company believes that the compensation of its executive officers should be aligned with the interests of Mesa's shareholders and should focus our executive officers on achieving both near-term corporate goals and long-term strategic objectives. Please review our Compensation Discussion and Analysis beginning on page 30 of this Proxy Statement for a complete description of our executive compensation program. 5 Table of Contents Below are highlights of our executive compensation program: What We Do What We Don't Do Long-Term Incentives: We incorporate a 3-year performance period into our PSU plan beginning in fiscal year 2025. X Guaranteed Bonuses: We do not provide guaranteed bonuses to our executive officers. Pay for Performance: We emphasize performance-based compensation that aligns the interests of our executives with those of our shareholders through the use of both short-term cash incentive compensation, which pays based on achievement of both company and individual performance factors, and longer-term equity awards subject to time and performance-based vesting. X Hedge or Pledge: We do not allow employees to engage in hedging or pledging of our securities. Benefits: We offer a competitive benefits program with benefits offered to our executives on par with those offered to all our employees. X Excess Perquisites: We do not provide substantial perquisites to our employees, including our executive officers. Benchmark: We maintain an industry-specific peer group for annual benchmarking of executive compensation which serves as one key factor, among others

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