How Shulman was paid
$390,228 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 | Pension | Total |
|---|---|---|---|
| Lloyd J. ShulmanChairman of the Board, Chief Executive Officer and President | $330,055 | $60,173 | $390,228 |
| Ward N. Lyke, Jr.Vice President, Chief Financial Officer | $316,000 | $57,060 | $373,060 |
| George SilvaVice President - Operations | $339,000 | $61,805 | $400,805 |
What changed and why
- $330K2025 CEO salary was $330,055, down from $404,368 in 2024.
- $60,173$60,173 was reported for the CEO’s pension value and deferred compensation earnings in 2025.
- All three 2025 named executives received no bonus, stock awards, option awards, or non-equity incentive compensation.
- $373K2025 named executive officer totals ranged from $373,060 to $400,805.
- Employment agreements were extended in August 2023 for an additional three-year period.
- The Company generally does not use TSR or net loss in its executive compensation program.
Other MAYS J W proxy statements
- 2026 proxy statement
Lloyd J. Shulman paid $345,150 (-12% on the year).
Filed Oct 22, 2026
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.