How Schwartz was paid
$4.8M 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 |
|---|---|---|---|---|---|
| H. Michael SchwartzChief Executive Officer and President | $625,000 | $3,800,000 | $406,456 | $15,125 | $4,846,581 |
| James R. BarryChief Financial Officer | $350,000 | $1,304,739 | $125,748 | $31,474 | $1,811,961 |
| Joe RobinsonChief Operations Officer | $375,000 | $1,289,739 | $119,081 | $39,311 | $1,823,131 |
| Wayne JohnsonChief Investment Officer | $362,500 | $1,214,739 | $119,760 | $33,118 | $1,730,117 |
| Michael TerjungChief Accounting Officer | $305,000 | $1,079,739 | $89,820 | $39,286 | $1,513,845 |
What changed and why
- $5.1MChief Executive Officer total compensation decreased from $5,109,915 in 2024 to $4,846,581 in 2025.
- 88%Approximately 88% of total target compensation delivered to our CEO is at risk.
- 61%Approximately 61% of total target compensation delivered to our other NEOs is at risk.
- Performance-based equity awards vest based on average annual same-store revenue growth relative to peers.
- Equity awards in 2025 included special grants in connection with the company's NYSE listing.
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.