How Hininger was paid
$7.2M 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 | Pension | Other | Total |
|---|---|---|---|---|---|---|
| Damon T. HiningerPresident and Chief Executive Officer | $1,110,000 | $3,000,011 | $2,775,001 | $2,055 | $316,106 | $7,203,173 |
| David M. GarfinkleExecutive Vice President and Chief Financial Officer | $593,250 | $1,404,986 | $1,186,500 | $386 | $108,643 | $3,293,765 |
| Patrick D. SwindlePresident and Chief Executive Officer | $695,999 | $1,299,999 | $1,391,997 | $181 | $100,243 | $3,488,419 |
| Anthony L. GrandeExecutive Vice President and Chief Development Officer | $603,268 | $1,404,986 | $1,206,537 | $650 | $105,791 | $3,321,232 |
| Lucibeth N. MayberryExecutive Vice President and Chief Real Estate Officer | $591,653 | $1,379,999 | $1,183,307 | $249 | $41,279 | $3,196,487 |
What changed and why
- 97%Stockholders overwhelmingly approved executive compensation with over 97% of votes cast in favor at the previous annual meeting.
- $7.2MTotal compensation for CEO Damon T. Hininger was $7,203,173 in fiscal year 2025.
- The ratio of annual total compensation of the CEO to the median employee was 123 to one.
- Performance-based RSUs are tied to annual Normalized FFO performance targets and an rTSR modifier.
- Executive stock ownership guidelines require significant levels of stock ownership for executives and directors.
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.