Welcome to our dedicated page for Espey Mfg & Elec SEC filings (Ticker: ESP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Espey Mfg. & Electronics Corp. (ESP) SEC filings page on Stock Titan provides access to the company’s official regulatory documents as filed with the U.S. Securities and Exchange Commission. Espey is a New York corporation whose common stock trades on the NYSE American under the symbol ESP, and its filings offer detailed information on governance, compensation, and corporate actions.
Investors can review current reports on Form 8-K, where Espey discloses material events such as dividend declarations, contract-related press releases, changes in its independent registered public accounting firm, and employment agreements with key executives. For example, recent 8-K filings describe the engagement of WithumSmith+Brown, PC as auditor, a new employment agreement with the President and Chief Executive Officer, and press releases announcing regular and special cash dividends.
The company’s definitive proxy statements on Schedule 14A provide further detail on its board structure, director elections, advisory votes on executive compensation, and the frequency of say-on-pay votes. These documents explain the classified board framework, voting procedures, and the matters presented to shareholders at the annual meeting, as well as information about the appointment and ratification of the independent public accountants.
On Stock Titan, Espey’s filings are updated as they are made available through EDGAR. AI-powered summaries help explain the key points in lengthy documents, so users can quickly understand the significance of items such as compensation arrangements, auditor changes, and shareholder voting results without reading every page. Users interested in ESP can use this page to follow the company’s regulatory disclosures, including 8-Ks, proxy materials, and other filings that outline its corporate governance and material events.
Espey Mfg. & Electronics (ESP) reported stronger profitability for the three months ended September 30, 2025 despite lower sales. Net sales were $9,092,876 versus $10,443,218 a year ago, while gross profit rose to $3,217,002 as gross margin improved to 35.4% from 26.8%. Operating income was $2,065,736 and other income increased to $491,782 on higher interest income. Net income reached $2,169,836, with EPS of $0.80 basic and $0.76 diluted. Management cites product mix, labor efficiencies, and material savings on major programs, partially offset by higher costs on certain fixed‑price engineering contracts.
Cash generation and backlog were solid. Net cash provided by operating activities was $5,720,090. Cash and cash equivalents were $22,220,227, with investment securities of $24,688,473. Contract liabilities rose to $27,974,103, reflecting advances on specific contracts. The order backlog was approximately $141.1 million, with deliveries spread across fiscal 2026 and later years. Espey paid $1.00 per share in dividends during the quarter (including a $0.75 special) and invested $1,290,569 in plant and equipment, partially reimbursed by a Navy-related funding award.
Espey Mfg. & Electronics Corp. (ESP) announces its 2025 Annual Meeting on December 5, 2025 at 9:00 a.m. ET in Saratoga Springs, NY. Shareholders of record at the close of business on October 16, 2025 may vote; 2,933,593 shares of Common Stock were outstanding as of that date.
The agenda includes: electing one Class B Director, ratifying WithumSmith+Brown, PC as independent public accountants for the fiscal year ending June 30, 2026, an advisory say‑on‑pay vote, and an advisory vote on say‑on‑pay frequency. The Board nominates Nancy K. Patzwahl for a three‑year term and recommends voting FOR her election, FOR auditor ratification, FOR the say‑on‑pay resolution, and for a frequency of every three years.
Governance notes include an independent Board (except the CEO), active committee structure, and disclosed director and executive compensation. Pay‑versus‑performance data show total shareholder return values of 315, 148, and 114 for fiscal 2025, 2024, and 2023 respectively, alongside net income of $8,142k, $5,815k, and $3,677k.
Espey Mfg. & Electronics Corp. disclosed that on September 30, 2025 it engaged WithumSmith+Brown, PC as its independent public accounting firm to audit the company’s financial statements for the fiscal year ending June 30, 2026.
Withum is described as the successor to the company’s prior auditor, Freed Maxick, P.C., after Freed Maxick joined Withum’s practice, as reported in an August 1, 2025 press release issued by Withum.
Espey Mfg. & Electronics Corp. reported fiscal-year results showing increased profitability and contract activity while remaining highly dependent on U.S. Government customers. Management disclosed net income and comprehensive income in fiscal 2025, with income before tax of $9,728,664 versus $7,295,014 the prior year. Revenue recognized from milestones totaled $8,607,314 for the year ended June 30, 2025, up from $5,332,486 a year earlier. The company reported a backlog of $139.7 million expected to be recognized across future years (35% in 2026, 19% in 2027, 15% in 2028, and 31% thereafter).
Espey emphasized risks tied to U.S. Government defense budgets, contract termination or default, supply-chain and materials price changes, and cybersecurity obligations under DFARS. Customer concentration is high: six customers represented 74% of sales in 2025 and three customers represented 51% of trade receivables at June 30, 2025. The company received a $3.4 million Navy funding award for facility and equipment upgrades (Company must invest ~15% or $508,000 and, as of June 30, 2025, had not received milestone reimbursements). Cash and working-capital movements include an increase in cash and equivalents of $14,510,675 and reported cash used in investing and financing activities in the periods shown. The report also describes ESOP activity, stock-based compensation, and a single-reportable-segment management structure.
David A. Oneil, who serves as President & CEO and a director of Espey Mfg & Electronics Corp (ESP), reported insider transactions on 09/11/2025. The filing shows a non-derivative purchase of 5,000 shares of common stock at $16.54 per share. The report also records the acquisition/exercise of 5,000 stock options with an exercise/conversion price of $16.54, exercisable 09/08/2025 and expiring 09/08/2033, relating to 5,000 underlying shares. The form lists 16,250 shares beneficially owned following the stock purchase line and 9,175 derivative securities beneficially owned following the option transactions. The reporting person also discloses owning 20,725 shares of common stock in his ESOP account.
Espey Mfg. & Electronics Corp. approved a new employment agreement for President and CEO David A. O’Neil. The agreement, entered on September 8, 2025 and effective July 1, 2025, runs through June 30, 2028 and replaces his June 6, 2024 contract.
Mr. O’Neil will receive a base salary of $400,000, subject to annual review without decreases, plus an annual performance-based cash bonus with a maximum of $250,000. The bonus has three components: a discretionary portion up to 50% of base salary, a sales-and-backlog growth component capped at $125,000, and an operating-income margin component also capped at $125,000.
If he is terminated without cause or resigns for “good reason,” he is entitled to severance equal to nine months of base salary. If he resigns in connection with a change of control, he is entitled to severance equal to 18 months of base salary.
Espey Mfg. & Electronics Corp. announced that its Board of Directors has declared a special cash dividend of $0.75 per share, in addition to a regular dividend of $0.25 per share. Both dividends are scheduled to be paid on September 26, 2025 to shareholders who are on record as of September 19, 2025.
The company disclosed this decision via a current report and attached the related press release as an exhibit, providing shareholders with details on the one-time special payout alongside the ongoing regular dividend.
David A. O'Neil, President & CEO and a director of Espey Mfg. & Electronics Corp (ESP), reported option exercises and an ESOP allocation. On 08/27/2025 he exercised two option tranches: 2,500 shares at an exercise price of $20.50 and 3,750 shares at $18.05, recorded as transactions under code M. The reporting tables show the exercised options convert into the same number of common shares and list post-transaction beneficial ownership figures for those option-derived shares. Additionally, an ESOP allocation of 810 shares was credited as of June 30, 2025, bringing his ESOP account to 20,725 shares of common stock. The Form 4 is signed by the reporting person on 08/27/2025.
Espey Mfg. & Electronics Corp. (ESP) – Form 4 filing dated 08/05/2025
President & CEO David A. O'Neil exercised 5,000 stock options at an exercise price of $13.61 (Code M) and received an equal number of common shares. The transaction lifts his direct share ownership to 5,000 shares. In addition, he continues to hold 19,914 ESP shares in the company ESOP and 20,425 unexercised options after the transaction.
No shares were sold, and the filing does not disclose any open-market purchases or dispositions beyond the option exercise. The move modestly increases the CEO’s equity stake and may signal confidence, but it is also consistent with routine option-expiration timing.
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