ESOPs and Engineering Firms

Tuesday, February 24, 2026, from 1:30-2:30 PM Eastern

While direct equity ownership is the most common way companies offer stock, ESOPs provide a different structure that broadens the ownership base, offers substantial tax advantages and establishes an efficient internal market for the buying and selling of company stock.

Join us to develop an understanding of how ESOPs buy stock and create a long-term financial incentive for all employees that is tied to the growth in company value.  The topics discussed include:

• A framework for prioritizing objectives of any ownership transition alternatives
• Ownership of shares in an ESOP
• Corporate Governance with an ESOP
• Valuation requirements and current multiples for engineering firms
• Illustration of a typical ESOP transaction
• Financing structures and capital sources for ESOP transactions
• Discuss how other equity plans and ESOPs work together

Upon completing this program, participants will gain a practical understanding of ESOP design, transaction basics, governance as well as the various tax advantages used today by many engineering firms across the country.

Speaker: Robert Massengill, Pilot Hill Advisors