How Cornelius was paid
$2.9M 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 |
|---|---|---|---|---|---|
| Craig CorneliusPresident and Chief Executive Officer | — | $2,899,181 | — | — | $2,899,181 |
| Sarah RubensteinExecutive Vice President and Chief Financial Officer | $433,990 | $773,485 | $348,281 | $22,043 | $1,577,799 |
| Kevin P. MalcarneyExecutive Vice President, General Counsel and Corporate Secretary | $430,573 | $572,542 | $347,708 | $25,698 | $1,376,522 |
What changed and why
- 99%Stockholders approved the executive compensation program with approximately 99% support at the prior annual meeting.
- $2.9MCEO total compensation was $2,899,181 for the fiscal year.
- 67%Long-term incentives for senior executives consisted of approximately 67% performance stock units and 33% restricted stock units.
- Performance stock units vest based on relative total shareholder return and cash available for distribution growth.
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.