How Lorenzini was paid
$100,391 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 | Stock | Other | Total |
|---|---|---|---|
| Thomas J. LorenziniPresident and Chief Investment Officer | $89,996 | $10,395 | $100,391 |
| Matthew C. BrownChief Financial Officer and Treasurer | $79,999 | $6,703 | $86,702 |
| Fernando DiazFormer Chief Financial Officer and Treasurer | $1,246 | — | $1,246 |
What changed and why
- $100KThomas J. Lorenzini received total compensation of $100,391 in 2025 compared to $64,274 in 2024.
- Named executive officers are employed and compensated directly by Tremont or RMR rather than the company.
- The company provides equity incentive compensation to named executive officers pursuant to the 2021 Equity Plan.
- All other compensation consists solely of cash distributions on unvested common shares received in connection with company-wide distributions.
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.