How Shulman was paid
$345,150 in total for 2026, 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 | $310,852 | $34,298 | $345,150 |
| Ward N. Lyke, Jr.Vice President, Chief Financial Officer | $318,486 | $35,156 | $353,642 |
| George SilvaVice President - Operations | $340,094 | $38,446 | $378,540 |
What changed and why
- $345KLloyd J. Shulman's total compensation was $345,150 in 2026, down from $390,228 in 2025.
- No named executive received bonus, stock awards, option awards, or non-equity incentive compensation in 2026.
- $34,298The Summary Compensation Table reports pension-value changes of $34,298 for Shulman, $35,156 for Lyke, and $38,446 for Silva.
- The executives' employment contracts expired July 31, 2026; Shulman and Silva continued serving in their roles.
- $310KAfter the contracts expired, Shulman continued at a base salary of $310,000 and Silva at $339,000.
- Lyke retired September 25, 2026, and Kevin J. Guptar became CFO and Treasurer on October 13, 2026.
Other MAYS J W proxy statements
- 2025 proxy statement
Lloyd J. Shulman paid $390,228 (-16% on the year).
Filed Oct 23, 2025
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.