How Salem was paid
$688,188 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 | Other | Total |
|---|---|---|---|---|
| Matthew A. SalemChief Executive Officer | — | $688,188 | — | $688,188 |
| W. Patrick MattsonPresident, Chief Operating Officer and Secretary | — | $622,545 | — | $622,545 |
| Kendra DeciousChief Financial Officer and Treasurer | $183,133 | $401,190 | $203,280 | $802,386 |
| Kelly GalliganFormer General Counsel and Secretary | — | $55,055 | — | $55,055 |
What changed and why
- $688KCEO Matthew A. Salem received total compensation of $688,188 in 2025, down from $915,688 in 2024.
- Compensation consists entirely of stock awards in the form of restricted stock units granted under the Incentive Plan.
- The company does not have any employees as management services are provided under the Management Agreement.
- Unvested equity awards are subject to forfeiture upon termination of employment other than for death or disability.
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.