This is Ralliant's inaugural Say-on-Pay vote following its June 2025 spin-off from Fortive, so there is no prior shareholder vote to weigh. The CEO's reported total compensation of approximately $12.4 million is elevated primarily because it includes multiple one-time awards tied to the separation — a Market Adjustment Award ($1 million), a Transition Award ($2 million recognizing forfeited performance awards from the Fortive spin), and a Founders Award ($2.125 million) — all of which are explicitly described as non-recurring; the Compensation Committee stated it does not expect to use such special awards in the near term. Absent these separation-related items, ongoing target pay of $7.75 million (base salary of $1 million, annual incentive target of $1.25 million, and long-term incentive target of $5.5 million) is reasonable for a CEO of a $7.7 billion precision-technology company, the pay mix is heavily performance-based (approximately 87% variable for the CEO), the annual incentive payout of 91% of target reflects below-target company financial performance, the 2026 long-term incentive program uses rigorous multi-year metrics including relative total shareholder return versus the S&P 400 MidCap Index, and the company has a robust clawback policy — taken together, the compensation structure is acceptable for a first-year standalone company building its compensation framework.

EY was appointed at the time of Ralliant's mid-2025 spin-off from Fortive, giving it effectively one year of tenure — far below the 25-year threshold that would trigger a concern. Non-audit fees (Audit-Related Fees of $300,000 plus Tax Fees of $199,947 plus All Other Fees of $5,200, totaling $505,147) represent approximately 8.7% of audit fees ($5,801,966), well within the 50% threshold. EY is a Big 4 firm appropriate for a $7.7 billion market-cap company, and no restatements have been disclosed.