How Roy was paid
$16.3M 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 |
|---|---|---|---|---|---|
| Sumit RoyPresident, Chief Executive Officer | $1,000,000 | $9,149,496 | $4,981,012 | $1,121,423 | $16,251,931 |
| Jonathan PongExecutive Vice President, Chief Financial Officer, and Treasurer | $600,000 | $1,821,470 | $1,232,616 | $38,156 | $3,692,242 |
| Neil M. AbrahamExecutive Vice President, Chief Strategy Officer and President, Realty Income International | $675,000 | $2,897,283 | $1,439,723 | $335,956 | $5,347,962 |
| Mark E. HaganExecutive Vice President, Chief Investment Officer | $675,000 | $2,847,643 | $1,410,296 | $332,208 | $5,265,147 |
| Michelle BushoreExecutive Vice President, Chief Legal Officer, General Counsel and Secretary | $600,000 | $2,051,233 | $945,265 | $289,412 | $3,885,910 |
What changed and why
- $16.3MSumit Roy earned total compensation of $16,251,931 in fiscal 2025, representing an increase from $15,246,209 in 2024.
- 74%Approximately 74% of the CEO total target direct compensation for 2025 consisted of at-risk performance-based elements.
- $9.1MStock awards for the CEO totaled $9,149,496, while non-equity incentive plan compensation reached $4,981,012.
- 93.0%Stockholders supported the say-on-pay proposal with a 93.0% approval vote at the previous annual meeting.
- 2.1%Adjusted Funds From Operations per share increased 2.1% to a record $4.28 in 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.