Sono-Tek Management
Management criteria checks 4/4
Sono-Tek's CEO is Steve Harshbarger, appointed in Aug 2012, has a tenure of 12.42 years. total yearly compensation is $331.50K, comprised of 76.1% salary and 23.9% bonuses, including company stock and options. directly owns 1.74% of the company’s shares, worth $1.07M. The average tenure of the management team and the board of directors is 2.4 years and 15.4 years respectively.
Key information
Steve Harshbarger
Chief executive officer
US$331.5k
Total compensation
| CEO salary percentage | 76.1% |
| CEO tenure | 12.4yrs |
| CEO ownership | 1.7% |
| Management average tenure | 2.4yrs |
| Board average tenure | 15.4yrs |
Recent management updates
Recent updates
Analysts Have Been Trimming Their Sono-Tek Corporation (NASDAQ:SOTK) Price Target After Its Latest Report
Jan 16
Returns Are Gaining Momentum At Sono-Tek (NASDAQ:SOTK)
Oct 16Additional Considerations Required While Assessing Sono-Tek's (NASDAQ:SOTK) Strong Earnings
Jun 05There's Been No Shortage Of Growth Recently For Sono-Tek's (NASDAQ:SOTK) Returns On Capital
Apr 08Sono-Tek Corporation Just Beat EPS By 60%: Here's What Analysts Think Will Happen Next
Jan 19Sono-Tek GAAP EPS of $0.03, revenue of $7.81M beats by $4.2M
Oct 17Sono-Tek announces $1.1M order from clean energy sector
Aug 16Sono-Tek GAAP EPS of $0.02, revenue of $4.05M, provides Q2 guidance
Jul 18CEO Compensation Analysis
| Date | Total Compensation | Salary | Company Earnings |
|---|---|---|---|
| Nov 30 2024 | n/a | n/a | US$1m |
| Aug 31 2024 | n/a | n/a | US$2m |
| May 31 2024 | n/a | n/a | US$2m |
| Feb 29 2024 | US$332k | US$252k | US$1m |
| Nov 30 2023 | n/a | n/a | US$1m |
| Aug 31 2023 | n/a | n/a | US$763k |
| May 31 2023 | n/a | n/a | US$384k |
| Feb 28 2023 | US$295k | US$249k | US$636k |
| Nov 30 2022 | n/a | n/a | US$1m |
| Aug 31 2022 | n/a | n/a | US$1m |
| May 31 2022 | n/a | n/a | US$2m |
| Feb 28 2022 | US$288k | US$228k | US$3m |
| Nov 30 2021 | n/a | n/a | US$2m |
| Aug 31 2021 | n/a | n/a | US$2m |
| May 31 2021 | n/a | n/a | US$2m |
| Feb 28 2021 | US$264k | US$220k | US$1m |
| Nov 30 2020 | n/a | n/a | US$1m |
| Aug 31 2020 | n/a | n/a | US$1m |
| May 31 2020 | n/a | n/a | US$1m |
| Feb 29 2020 | US$282k | US$222k | US$1m |
| Nov 30 2019 | n/a | n/a | US$480k |
| Aug 31 2019 | n/a | n/a | US$221k |
| May 31 2019 | n/a | n/a | US$165k |
| Feb 28 2019 | US$253k | US$220k | US$162k |
| Nov 30 2018 | n/a | n/a | US$204k |
| Aug 31 2018 | n/a | n/a | US$378k |
| May 31 2018 | n/a | n/a | US$374k |
| Feb 28 2018 | US$280k | US$224k | US$368k |
Compensation vs Market: Steve's total compensation ($USD331.50K) is below average for companies of similar size in the US market ($USD645.26K).
Compensation vs Earnings: Steve's compensation has been consistent with company performance over the past year.
CEO
Steve Harshbarger (56 yo)
12.4yrs
Tenure
US$331,500
Compensation
Mr. R. Stephen Harshbarger serves as CEO of Sono-Tek Corporation since January 01, 2024. He has been the President of Sono-Tek Corp. since August 2012 and served as its Chief Operating Officer since Novemb...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 26.6yrs | US$264.10k | 2.08% $ 1.3m | |
| President | 12.4yrs | US$331.50k | 1.74% $ 1.1m | |
| Chief Financial Officer | 19.6yrs | US$234.60k | 0.25% $ 157.5k | |
| Vice President of Sales & Applications Engineering | 2.4yrs | US$250.80k | 0% $ 0 | |
| Chief Technology Officer | less than a year | no data | no data | |
| Corporate Secretary | no data | no data | no data |
2.4yrs
Average Tenure
58.5yo
Average Age
Experienced Management: SOTK's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Executive Chairman | 26.6yrs | US$264.10k | 2.08% $ 1.3m | |
| President | 11.4yrs | US$331.50k | 1.74% $ 1.1m | |
| Independent Director | 15.4yrs | US$20.00k | 0.058% $ 35.9k | |
| Independent Director | 17.4yrs | US$20.00k | 0.12% $ 73.2k | |
| Independent Director | 20.4yrs | US$20.00k | 0.24% $ 149.6k | |
| Independent Director | 6.2yrs | US$20.00k | 0.14% $ 86.3k | |
| Independent Director | less than a year | no data | no data |
15.4yrs
Average Tenure
75yo
Average Age
Experienced Board: SOTK's board of directors are seasoned and experienced ( 15.4 years average tenure).
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/21 21:16 |
| End of Day Share Price | 2025/01/17 00:00 |
| Earnings | 2024/11/30 |
| Annual Earnings | 2024/02/29 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sono-Tek Corporation is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Edward Jackson | Northland Capital Markets |
| Richard Ryan | Oak Ridge Financial Services Group Inc. |