How Steigerwalt was paid
$10.5M 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.
Named executive officers
| Executive | Salary | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|
| Eric SteigerwaltPresident and Chief Executive Officer | $1,050,000 | $6,562,473 | $2,535,750 | $312,904 | $10,461,127 |
| Ed SpeharExecutive Vice President and Chief Financial Officer | $665,385 | $1,884,930 | $1,157,187 | $182,975 | $3,890,477 |
| Myles LambertExecutive Vice President and Chief Operating Officer | $665,385 | $1,299,955 | $1,080,041 | $176,838 | $3,222,219 |
| Allie LinExecutive Vice President, General Counsel and Corporate Secretary | $577,500 | $1,120,958 | $848,125 | $138,992 | $2,685,575 |
| John RosenthalExecutive Vice President and Chief Investment Officer | $575,000 | $1,437,437 | $1,289,438 | $165,851 | $3,467,726 |
What changed and why
- $10.5MCEO total compensation increased to $10,461,127 in 2025 compared to $10,068,833 in 2024.
- 115%Short-term incentive awards were funded at an aggregate Company Performance Factor of 115% for 2025.
- 105%Performance share units granted in 2023 paid out at 105% of target following the 2023-2025 performance period.
- 93.1%Stockholders strongly supported the compensation program with 93.1% approval at the previous say-on-pay vote.
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.