How Mendelsohn was paid
$3.7M 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 | Options | Incentive | Other | Total |
|---|---|---|---|---|---|---|
| D. Eric MendelsohnCEO and President | $700,000 | $586,720 | $705,575 | $1,650,000 | $10,500 | $3,652,795 |
| Kristin S. GainesChief Transaction Officer | $225,000 | $293,360 | $235,192 | $562,500 | $10,500 | $1,326,552 |
| Kevin C. PascoeChief Investment Officer | $400,000 | $403,370 | $423,345 | $750,000 | $10,500 | $1,987,215 |
| John L. SpaidChief Financial Officer | $520,000 | $476,710 | $423,345 | $750,000 | $10,500 | $2,180,555 |
| David L. TravisChief Accounting Officer | $330,000 | $403,370 | $282,230 | $412,500 | $10,500 | $1,438,600 |
What changed and why
- $3.7MCEO total compensation increased to $3,652,795 in 2025 compared to $2,246,596 in 2024.
- 10.6%Normalized FFO per share increased by 10.6% to $4.91, exceeding initial annual guidance.
- 15.7%Total Shareholder Return increased by 15.7% during fiscal year 2025.
- 95.7%Say-on-pay proposal received approximately 95.7% support at the 2025 annual meeting.
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.