How Smithers was paid
$4.7M 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 |
|---|---|---|---|---|---|
| Alan GoldExecutive Chairman | $1,365,000 | $3,325,153 | $1,852,477 | $10,500 | $6,553,130 |
| Paul SmithersPresident and Chief Executive Officer | $1,120,350 | $2,375,203 | $1,216,364 | $10,500 | $4,722,417 |
| David SmithChief Financial Officer and Treasurer | $441,000 | $1,000,005 | $478,795 | $10,500 | $1,930,300 |
What changed and why
- $266MTotal revenues reached $266 million alongside adjusted funds from operations of $205 million during 2025.
- $4.7MCEO Paul Smithers received total compensation of $4,722,417 for 2025, reflecting a decrease from the prior year.
- $6.6MExecutive Chairman Alan Gold received total compensation of $6,553,130 for 2025.
- $246KThe median employee annual total compensation was $245,756, resulting in a CEO-to-median-employee pay ratio of 19 to 1.
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.