How Nader was paid
$4M 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 | Bonus | Stock | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| Marguerite NaderVice Chairman and Chief Executive Officer | $683,238 | — | $1,814,222 | $1,492,457 | $14,000 | $4,003,917 |
| Patrick WaitePresident and Chief Operating Officer | $450,141 | $250,000 | $1,433,498 | $745,937 | $14,000 | $2,893,576 |
| Paul SeaveyExecutive Vice President and Chief Financial Officer | $450,141 | — | $1,433,498 | $745,937 | $14,000 | $2,643,576 |
| David EldersveldExecutive Vice President, Chief Legal Officer and Corporate Secretary | $450,141 | $150,000 | $997,484 | $745,937 | $14,000 | $2,357,562 |
What changed and why
- $4MCEO total compensation decreased to $4,003,917 in 2025 compared to $4,238,421 in 2024.
- $1.8MStock awards for the CEO were $1,814,222 in 2025.
- $1.5MNon-equity incentive plan compensation for the CEO was $1,492,457 in 2025.
- 5.0%Normalized FFO per common share increased by 5.0% compared to 2024.
- The company has no employment agreements with any named executive officers.
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.