How Carter was paid
$306,000 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 | Other | Total |
|---|---|---|---|---|
| George J. CarterChief Executive Officer | $300,000 | $0 | $6,000 | $306,000 |
| John G. DemerittExecutive Vice President, Chief Financial Officer and Treasurer | $332,177 | $257,816 | $6,000 | $595,993 |
| Jeffrey B. CarterPresident and Chief Investment Officer | $332,718 | $255,216 | $0 | $587,934 |
| Scott H. CarterExecutive Vice President, General Counsel and Secretary | $288,930 | $255,680 | $0 | $544,610 |
| John F. DonahueExecutive Vice President and President of FSP Property Management LLC | $280,623 | $257,592 | $6,000 | $544,215 |
What changed and why
- $306KGeorge J. Carter received a total compensation of $306,000 for fiscal 2025, unchanged from prior years.
- $596KJohn G. Demeritt received a total compensation of $595,993 for fiscal 2025, reflecting a decrease from prior years.
- $588KJeffrey B. Carter received a total compensation of $587,934 for fiscal 2025, reflecting a decrease from prior years.
- $545KScott H. Carter received a total compensation of $544,610 for fiscal 2025, reflecting a decrease from prior years.
- $544KJohn F. Donahue received a total compensation of $544,215 for fiscal 2025, reflecting a decrease from prior years.
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.