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ESCO TECHNOLOGIES INC

For the period ended Feb 4, 2025. Filed Dec 16, 2024.

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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.

Feb 4, 2025 · Filed Dec 16, 2024

ESE$230.41+2.0%Stored close · as of Nov 6, 2026
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**UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C., 20549

**SCHEDULE 14A

(RULE 14a-101)

**INFORMATION REQUIRED IN PROXY STATEMENT

SCHEDULE 14A INFORMATION

**PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE

SECURITIES EXCHANGE ACT OF 1934 (AMENDMENT NO. )

Filed by the registrant☒
Filed by a party other than the registrant☐

Check the appropriate box:

☐Preliminary proxy statement
☐Confidential, for Use of the Commission Only (as permitted by Rule 14a-6(e)(2))
☒Definitive proxy statement
☐Definitive additional materials
☐Soliciting material pursuant to Rule 14a-12

ESCO TECHNOLOGIES INC.

(Name of Registrant as Specified in Its Charter)

(Name of Person(s) Filing Proxy Statement, if other than the Registrant)

Payment of filing fee (Check the appropriate box):

☒No fee required.
☐Fee paid previously with preliminary materials.
☐Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11.

ESCO Technologies Inc. 9900A Clayton Road St. Louis, MO 63124 Bryan Sayler Chief Executive Officer and President

December 16, 2024 Dear Fellow Shareholders, I am pleased to invite you to attend our 2025 Annual Meeting of Shareholders of ESCO Technologies Inc., to be held on Tuesday, February 4, 2025 at the Innisbrook Resort, 36750 U.S. Highway North, Palm Harbor, Florida 34684, at 8:00 a.m. Eastern Standard Time. The accompanying Notice of Annual Meeting and Proxy Statement describe the items of business that will be discussed and voted on at the Meeting. We value your input and encourage you to review this material as well as our Annual Report for fiscal 2024 and to vote your shares of common stock. You have a choice of voting online, by telephone, by returning the enclosed proxy card by mail, or at the Meeting. Our technology-oriented businesses provide highly engineered solutions serving industrial markets. We have a highly-skilled workforce and a long history of product innovation focused on building the next generation of solutions for our customers. In 2024 we delivered record revenue, earnings, orders and ending backlog. Revenue exceeded $1 billion for the first time, GAAP EPS increased 10 percent, and ending backlog increased 14% during the year as we continue to see strong demand across our aerospace, defense, utility and renewables end markets. Our differentiated solutions in markets with long-term secular growth drivers have us well positioned going forward. We are excited for the future as we look to build on recent momentum by continuing to execute on our growth strategy in order to deliver long-term value for our shareholders. On behalf of the Board of Directors and all of us at ESCO, thank you for your ongoing support. Sincerely, Bryan Sayler Chief Executive Officer and President

NOTICE OF ANNUAL MEETING OF SHAREHOLDERS

St. Louis, Missouri

December 16, 2024

To the Shareholders of ESCO Technologies Inc.:

The 2025 Annual Meeting of the shareholders of ESCO Technologies Inc. will be held on Tuesday, February 4, 2025 at the Innisbrook Resort, 36750 U.S. Highway North, Palm Harbor, Florida 34684, beginning at 8:00 a.m. Eastern Standard Time, for the following purposes:

1.To elect David A. Campbell and Penelope M. Conner, and to re-elect Gloria L. Valdez, to the Board of Directors of the Company for three-year terms expiring at the 2028 Annual Meeting;
2.An advisory vote to approve the compensation of the Company’s executive officers; and
3.To ratify the appointment of the Company’s independent registered public accounting firm for the 2025 fiscal year.

Your Board of Directors recommends that you vote: ● FOR each nominee for director, and ● FOR Proposals 2 and 3.

Shareholders of record at the close of business on November 27, 2024 are entitled to vote at the Meeting.

Information about each of the above Proposals, as well as instructions for voting and additional relevant information concerning the Company, are set forth in the accompanying Proxy Statement and in the “Important Notice Regarding the Availability of Proxy Materials” sent to all shareholders entitled to vote at the Meeting beginning on or about December 16, 2024.

By Order Of The Board Of Directors,

David M. Schatz

Senior Vice President, General Counsel and Secretary

This Notice, the Proxy Statement attached to this Notice and our Annual Report to Shareholders for the fiscal year ended September 30, 2024 are available electronically at www.envisionreports.com/ESE and on our website at www.escotechnologies.com. Even if you plan to attend the Meeting in person, PLEASE VOTE: ● Electronically via the Internet at www.investorvote.com/ESE; or ● By telephone within the United States, U.S. territories or Canada at 1 800 652 VOTE (8683); or ● If you requested paper or e-mail copies of the proxy materials, please complete, sign, date and return the proxy card.

Proxy Statement Table of Contents

Proxy Statement Summary1
Meeting Information1
Proposals and Board Recommendations1
Nominees for Director2
Director Diversity and Tenure2
Company Overview and Business Highlights3
Governance Highlights4
Executive Compensation Highlights4
Voting6
How to Vote6
Required Vote6
Proposal 1: Election of Directors8
Nominees for Terms Ending in 20289
Directors Continuing in Office11
Board of Directors14
Diversity and Tenure15
Committees15
Corporate Governance Information18
Director Compensation20
Proposal 2: Advisory Vote to Approve Executive Compensation23
Summary of Executive Compensation Program23
Compensation Committee Report24
Compensation Discussion and Analysis24
2024 Summary Compensation Table36
2024 Grants of Plan-Based Awards37
Outstanding Equity Awards at Fiscal 2024 Year-End38
2024 Option Exercises and Stock Vested39
Pension Benefits39
Employment Agreements39
Potential Payments Upon Termination or Change in Control40
Pay Ratio Disclosure43
Pay Versus Performance44
Proposal 3: Ratification of Appointment of Independent Registered Public Accounting Firm48
Pre-Approval of Audit and Permitted Non-Audit Services48
Auditor Fees and Services48
Audit Committee Report49
Other Information50
Securities Ownership of Directors and Executive Officers50
Securities Ownership of Certain Beneficial Owners50
Shareholder Proposals51
Forward-Looking Statements52
Appendix A53
Participants in the 2022 Mercer Benchmark Database/Total Remuneration Survey: Executive53
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.