Companies Seven Hills Realty Trust
Seven Hills Realty Trust (SEVN): executive pay, fiscal 2025
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CEO pay, last three years
- $45,856FY2023
- $64,274FY2024
- $100,391FY2025
CEO total pay was $100,391 in fiscal 2025, up from $64,274 in fiscal 2024.
FY2025: salary $0 · bonus $0 · stock awards $89,996 · option awards $0
Executives and directors
Frequently asked questions
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Thomas J. Lorenzini | $0 | $0 | $89,996 | $0 | $0 | $0 | $10,395 | $100,391 |
| President and Chief Investment Officer | ||||||||
| Matthew C. Brown | 0 | 0 | 79,999 | 0 | 0 | 0 | 6,703 | 86,702 |
| Chief Financial Officer and Treasurer | ||||||||
| Matthew Brown | 0 | 0 | 79,999 | 0 | 0 | 0 | 6,703 | 86,702 |
| Chief Financial Officer and Treasurer | ||||||||
| Fernando Diaz | 0 | — | 0 | 0 | 0 | 0 | 1,246 | 1,246 |
| Former Chief Financial Officer and Treasurer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Thomas J. Lorenzini | $100,391 | $64,274 | $45,856 | ↑ +36,117 |
| Matthew C. Brown | 86,702 | — | — | — |
| Matthew Brown | 86,702 | — | — | — |
| Fernando Diaz | 1,246 | 43,158 | 13,159 | ↓ −41,912 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
Our Compensation Committee believes that these share awards recognize our executive officers scope of responsibilities, reward demonstrated performance and leadership, motivate future performance and further align the interests of the executive officers with those of our shareholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | not disclosed |
| Clawback policy | true |
| Anti-hedging | True |
| Anti-pledging | — |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2025
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Matthew C. Brown | RSU | 400 | — | $3,560 |
| Thomas J. Lorenzini | RSU | 700 | — | 6,230 |
| Matthew C. Brown | RSU | 800 | — | 7,120 |
| Thomas J. Lorenzini | RSU | 1,400 | — | 12,460 |
| Matthew C. Brown | RSU | 1,504 | — | 13,386 |
| Thomas J. Lorenzini | RSU | 2,433 | — | 21,654 |
| Matthew C. Brown | RSU | 5,813 | — | 51,736 |
| Thomas J. Lorenzini | RSU | 6,539 | — | 58,197 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Ann M. DannerIndependent · Audit · Compensation · Nominating/Governance · Newly elected | $70,000 | $129,984 | $0 | $0 | $0 | $199,984 |
| Jeffrey P. SomersIndependent · Audit (Chair) | 87,500 | 69,991 | 0 | 0 | 0 | 157,491 |
| Joseph L. MoreaIndependent · Audit | 85,000 | 69,991 | 0 | 0 | 0 | 154,991 |
| Barbara D. GilmoreIndependent · Compensation (Chair) · Nominating/Governance | 82,500 | 69,991 | 0 | 0 | 0 | 152,491 |
| William A. LamkinIndependent · Compensation · Nominating/Governance (Chair) | 82,500 | 69,991 | 0 | 0 | 0 | 152,491 |
| Adam PortnoyNot independent · Board Chair | 0 | 69,991 | 0 | 0 | 0 | 69,991 |
| Matthew P. JordanNot independent | 0 | 69,991 | 0 | 0 | 0 | 69,991 |
Board fee structure and ownership guideline
| Annual cash retainer | $70,000 |
|---|---|
| Annual equity retainer | $70,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 17,500 / 12,500 / 12,500 |
| Stock ownership guideline | $30,000 |
Total cost of the board
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $407,500 |
| Equity awards (grant-date value) | $549,930 |
| All other compensation | $0 |
| Total cost of the board | $957,430 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Seven Hills Realty Trust as a peer
Companies that benchmark against SEVN
6 companies name SEVN as a compensation peer
- DIVERSIFIED HEALTHCARE TRUSTDHCFY2025
- Guaranty Bancshares IncGNTYFY2024
- Industrial Logistics Properties TrustILPTFY2025
- MFA FINANCIAL, INC.MFAFY2025
- OFFICE PROPERTIES INCOME TRUSTOPIFY2024
- Service Properties TrustSVCFY2025
Each company listed discloses SEVN in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named SEVN in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
Chief executive pay against the peer group
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company’s own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Seven Hills Realty Trust | 2025 | Thomas J. Lorenzini | $0 | $89,996 | $0 | $0 | $100,391 |
Each peer’s compensation is from its most recently filed proxy; fiscal years differ by company. Each peer’s figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Say-on-pay history and pay ratio
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | — | — | — | — | — | — |
| 2025 | — | — | — | — | — | — |
| 2024 | 2024-05-30 | 5,970,912 | 810,753 | 109,254 | 88.04% | Passed |
| 2023 | — | — | — | — | — | — |
| 2022 | — | — | — | — | — | — |
| 2021 | — | — | — | — | — | — |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year’s compensation.
Say-on-pay — history, company’s computation
| Meeting year | Meeting date | Approval — company’s computation |
|---|---|---|
| 2017 | — | —a |
| 2018 | — | —b |
| 2016 | — | —c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company’s own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
CEO pay ratio
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
Insider trades since the proxy
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Adam Portnoy | Director | 2026-06-09 | A | 9,976 | — | — | Common | Form 4 ↗ |
| Matthew P. Jordan | Director | 2026-06-09 | A | 9,976 | — | — | Common | Form 4 ↗ |
| Joseph L. Morea | Director | 2026-06-09 | A | 9,976 | — | — | Common | Form 4 ↗ |
| William A. Lamkin | Director | 2026-06-09 | A | 9,976 | 0 | 0 | Common | Form 4 ↗ |
| William A. Lamkin | Director | 2026-06-09 | D | 9,976 | 0 | 0 | Common | Form 4 ↗ |
| Mark A. Talley | Director | 2026-06-09 | A | 9,976 | — | — | Common | Form 4 ↗ |
| Barbara D. Gilmore | Director | 2026-06-09 | A | 9,976 | — | — | Common | Form 4 ↗ |
| Ann M. Danner | Director | 2026-06-09 | A | 9,976 | — | — | Common | Form 4 ↗ |
| William A. Lamkin | Director | 2026-06-09 | A | 9,976 | — | — | Common | Form 4 ↗ |
| Matthew C. Brown | CFO and Treasurer | 2026-09-10 | A | 13,623 | — | — | Common | Form 4 ↗ |
| Thomas J. Lorenzini | President and CIO | 2026-09-10 | A | 20,435 | — | — | Common | Form 4 ↗ |
| Matthew P. Jordan | Director | 2026-09-10 | A | 27,247 | — | — | Common | Form 4 ↗ |
| Adam Portnoy | Director | 2026-09-10 | A | 27,247 | — | — | Common | Form 4 ↗ |
| Matthew P. Jordan | Director | 2026-09-17 | D | 8,115 | 7 | 60,051 | Common | Form 4 ↗ |
| Thomas J. Lorenzini | President and CIO | 2026-09-17 | D | 2,732 | 7 | 20,217 | Common | Form 4 ↗ |
| Matthew C. Brown | CFO and Treasurer | 2026-09-17 | D | 2,624 | 7 | 19,418 | Common | Form 4 ↗ |
| Adam Portnoy | Director | 2026-09-17 | D | 4,966 | 7 | 36,748 | Common | Form 4 ↗ |
| Matthew P. Jordan | Director | 2026-10-30 | A | 10,000 | 7 | 65,600 | Common | Form 4 ↗ |
| Thomas J. Lorenzini | President and CIO | 2026-10-30 | A | 5,000 | 7 | 32,950 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
Sources (37 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, Thomas J. Lorenzini. DEF 14A, filed 2026-03-18. Section “Summary Compensation Table” · page 24. As printed: 100,391. View filing ↗
- Section 01, Matthew C. Brown. DEF 14A, filed 2026-03-18. Section “Summary Compensation Table” · page 24. As printed: 86,702. View filing ↗
- Section 01, Matthew Brown. DEF 14A, filed 2026-03-18. Section “Summary Compensation Table” · page 24. As printed: 86,702. View filing ↗
- Section 01, Fernando Diaz. DEF 14A, filed 2026-03-18. Section “Summary Compensation Table” · page 24. As printed: 1,246. View filing ↗
- Section 07, pay ratio. DEF 14A, filed 2026-03-18. Section “CEO Pay Ratio”. As printed: —. View filing ↗
- Section 08, Ann M. Danner. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 199,984. View filing ↗
- Section 08, Jeffrey P. Somers. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 157,491. View filing ↗
- Section 08, Joseph L. Morea. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 154,991. View filing ↗
- Section 08, Barbara D. Gilmore. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 152,491. View filing ↗
- Section 08, William A. Lamkin. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 152,491. View filing ↗
- Section 08, Adam Portnoy. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 69,991. View filing ↗
- Section 08, Matthew P. Jordan. DEF 14A, filed 2026-03-18. Section “Director Compensation”. As printed: 69,991. View filing ↗
- Section 02, Adam Portnoy 2026-06-09. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Matthew P. Jordan 2026-06-09. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Joseph L. Morea 2026-06-09. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, William A. Lamkin 2026-06-09. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, William A. Lamkin 2026-06-09. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Mark A. Talley 2026-06-09. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Barbara D. Gilmore 2026-06-09. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Ann M. Danner 2026-06-09. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, William A. Lamkin 2026-06-09. Form 4, filed 2026-06-10. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Matthew C. Brown 2026-09-10. Form 4, filed 2026-09-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Thomas J. Lorenzini 2026-09-10. Form 4, filed 2026-09-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Matthew P. Jordan 2026-09-10. Form 4, filed 2026-09-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Adam Portnoy 2026-09-10. Form 4, filed 2026-09-14. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Matthew P. Jordan 2026-09-17. Form 4, filed 2026-09-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Thomas J. Lorenzini 2026-09-17. Form 4, filed 2026-09-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Matthew C. Brown 2026-09-17. Form 4, filed 2026-09-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Adam Portnoy 2026-09-17. Form 4, filed 2026-09-18. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Matthew P. Jordan 2026-10-30. Form 4, filed 2026-11-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 02, Thomas J. Lorenzini 2026-10-30. Form 4, filed 2026-11-02. Insider equity transaction reported since the proxy statement. View filing ↗
- Section 06, 2017 vote. Form 8-K, filed 2021-02-25. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 06, 2018 vote. Form 8-K, filed 2021-02-25. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 06, 2016 vote. Form 8-K, filed 2021-02-25. Item 5.07 · say-on-pay result. As reported: —. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 407,500 + equity 549,930 + all other 0 = 957,430, summed across the director compensation table rows.
- Seven Hills Realty Trust (subject), Section 10b CEO total. DEF 14A, filed 2026-03-18. CEO total compensation as printed in Seven Hills Realty Trust's own proxy. As printed: 100,391. View filing ↗