Amrep (AXR) executive compensation, 2025 proxy

Christopher V. Vitale, President and Chief Executive Officer of the Company, was paid $688,800 in 2025, down 1% from $692,700 the year before.

Filed
August 4, 2025
Annual meeting
September 11, 2025
Pay year
2025
Named executives
2
CEO total pay
$688,800-1% vs prior year
CEO pay in equity
23%$156,900 in awards
CEO compensation actually paid
$845,6002025, rounded to nearest hundred
Average non-PEO compensation
$281,600Summary Compensation Table total
Average non-PEO paid
$286,8002025 compensation actually paid
Shareholder return
175.35Value of initial fixed $100 investment
Net income
$12,716,0002025 net income
Vitale restricted shares
8,000Awarded July 17, 2025

How Vitale was paid

$688,800 in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Salary54%Bonus22%Stock awards23%All other compensation2%

Named executive officers

ExecutiveTotal
Christopher V. VitalePresident and Chief Executive Officer of the Company$688,800
Adrienne M. UleauChief Financial Officer and Vice President of the Company$281,600

What changed and why

  • $689K$688,800 was the CEO’s 2025 total compensation, down from $692,700 in 2024.
  • $846K$845,600 was the CEO’s 2025 compensation actually paid under Item 402(v).
  • $168K$168,000 cash bonus was awarded to Vitale after fiscal year-end on July 17, 2025.
  • $61,000$61,000 cash bonus was awarded to Uleau after fiscal year-end on July 17, 2025.
  • $381K$381,000 became Vitale’s annual base salary effective July 28, 2025, up from $375,000.
  • $200K$200,000 became Uleau’s annual base salary effective July 28, 2025, up from $180,000.

Other Amrep proxy statements

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.