Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-10

Alexanders Inc. (ALX)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$195,744
Steven Roth total, FY2025
CEO pay percentile vs peers
2.4:1
CEO-to-median pay ratio
93.92%
Say-on-pay support, latest vote
Companies that benchmark against ALX
2 companies name ALX as a compensation peer

Each company listed discloses ALX 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 ALX in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Steven Roth$0$0$56,250$0$0$0$139,494$195,744
Chairman, Chief Executive Officer (Principal Executive Officer)
Gary Hansen00000000
Chief Financial Officer (Principal Financial Officer)

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 officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Steven Roth$195,744$189,417$182,163+6,327
Gary Hansen000+0

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

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.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Russell B. Wight, JrDirector2026-05-21A505Derivative, Class A CommonForm 4 ↗
Wendy A. SilversteinDirector2026-05-21A505Derivative, Class A CommonForm 4 ↗
Mandakini PuriDirector2026-05-21A505Derivative, Class A CommonForm 4 ↗
Steven RothDirector2026-05-21A505Derivative, Class A CommonForm 4 ↗
Thomas R. DiBenedettoDirector2026-05-21A505Derivative, Class A CommonForm 4 ↗
David MandelbaumDirector2026-05-21A505Derivative, Class A CommonForm 4 ↗
Arthur I. SonnenblickDirector2026-05-21A505Derivative, Class A CommonForm 4 ↗
Russell B. Wight, JrDirector2026-06-09D423267112,941Common, indirectForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Steven RothRSU2025-05-22346$56,250
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Steven Roth$56,250$0$00.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Steven RothRSU346$75,034
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company does not pay cash compensation to executive officers for services rendered. In lieu of cash compensation or other benefits, and to align their interests with stockholders, executive officers are compensated only with equity-based compensation, although no such awards have been made in several years. The CEO's sole compensation relates to his role as a director, based on market rates for board of director fees.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policyfalse
Anti-hedgingtrue
Anti-pledgingfalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-214,158,627269,1929,76493.92%Passed
20232023-05-184,014,917548,04741,81987.99%Passed
20202020-05-144,238,072488,43748,90889.67%Passed
20172017-05-184,290,571536,9193,21988.88%Passed

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 yearMeeting dateApproval — company's computation
20262026-05-2193.92%a
20232023-05-1887.99%b
20202020-05-1489.67%c

a. Approved under the standard stated in the filing — “Any proxy marked "withhold authority" or an abstention, as applicable, will count for the purposes of determining a quorum, but will have no effect on the result of the vote on the election of directors, the approval of the 2026 Omnibus Stock Plan, the non-binding advisory vote on the say-on-pay aints.”.

b. Approved under the standard stated in the filing — “Abstentions and any proxy marked "withhold authority" will not be counted as votes cast and will have no effect on the result of the vote, although they will count towards the presence of a quorum.”.

c. Approved under the standard stated in the filing — “A broker non-vote and any proxy marked "withhold authority" or an abstention, as applicable, will count for the purposes of determining a quorum, but will have no effect on the result of the vote on the election of directors, the ratification of the appointment of our independent registered public accounting firm, or the non-binding advisory vote on executive compensation.”.

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.

07

CEO pay ratio

Ratio (CEO : median employee)2.4 : 1
CEO total compensation$195,744
Median employee compensation$80,313
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Wendy A. SilversteinIndependent · Audit · Compensation (Chair)$105,000$56,250$0$0$60,048$221,298
Thomas R. DiBenedettoIndependent · Audit · Compensation100,00056,2500064,494220,744
Mandakini PuriIndependent · Audit (Chair)99,00056,2500050,292205,542
David MandelbaumIndependent80,00056,2500064,494200,744
Arthur I. SonnenblickIndependent80,00056,2500064,494200,744
Russell B. Wight, JrIndependent79,00056,2500064,494199,744
Steven RothEmployee director · Board Chair75,00056,250064,494195,744
09

Board fee structure and ownership guideline

Annual cash retainer$75,000
Annual equity retainer$75,000
Per board meeting fee$1,000
Committee chair fees (audit / comp / nom-gov)15,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$618,000
Equity awards (grant-date value)$393,750
All other compensation$432,810
Total cost of the board$1,444,560

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10b

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.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1Alexanders Inc.2025Steven Roth$0$56,250$0$0$195,744

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.

FAQ

Frequently asked questions

Who was the highest-paid executive at Alexanders Inc. in fiscal 2025?
Steven Roth, serving as Chairman, Chief Executive Officer (Principal Executive Officer), was the highest-paid executive at Alexanders Inc. in fiscal 2025 with total compensation of $195,744.
How does Alexanders Inc.'s chief executive pay compare to its disclosed peer group?
The filing does not disclose the CEO pay percentile of disclosed peers for Alexanders Inc. in fiscal 2025.
What is Alexanders Inc.'s CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio for Alexanders Inc. in fiscal 2025 was 2.4:1.
How did shareholders vote on Alexanders Inc.'s executive compensation?
Shareholders voted in favor of Alexanders Inc.'s executive compensation plan with 93.92% support in the latest vote.
How much does Alexanders Inc. spend in total on board compensation for fiscal 2025?
The total board compensation for Alexanders Inc. in fiscal 2025 was $1,444,560.

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.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Steven RothDEF 14A2026-04-070001193125-26-145567Section “Summary Compensation Table” · page 17. As printed: 195,744. Filing ↗machine: span 125275–125282
2Section 01, Gary HansenDEF 14A2026-04-070001193125-26-145567Section “Summary Compensation Table” · page 17. As printed: 0. Filing ↗
3Section 03, Steven Roth RSUDEF 14A2026-04-070001193125-26-145567Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t26 · r3 · c11 · span 136284–136290
4Section 07, pay ratioDEF 14A2026-04-070001193125-26-145567Section “CEO Pay Ratio”. As printed: 2.4 : 1. Filing ↗machine: t36 · r2 · c3 · span 166931–166938
5Section 08, Wendy A. SilversteinDEF 14A2026-04-070001193125-26-145567Section “Director Compensation”. As printed: 221,298. Filing ↗machine: t37 · r11 · c15 · span 178407–178414
6Section 08, Thomas R. DiBenedettoDEF 14A2026-04-070001193125-26-145567Section “Director Compensation”. As printed: 220,744. Filing ↗machine: t37 · r5 · c15 · span 174241–174248
7Section 08, Mandakini PuriDEF 14A2026-04-070001193125-26-145567Section “Director Compensation”. As printed: 205,542. Filing ↗machine: t37 · r9 · c15 · span 177006–177013
8Section 08, David MandelbaumDEF 14A2026-04-070001193125-26-145567Section “Director Compensation”. As printed: 200,744. Filing ↗machine: t37 · r7 · c15 · span 175637–175644
9Section 08, Arthur I. SonnenblickDEF 14A2026-04-070001193125-26-145567Section “Director Compensation”. As printed: 200,744. Filing ↗machine: t37 · r13 · c15 · span 179783–179790
10Section 08, Russell B. Wight, JrDEF 14A2026-04-070001193125-26-145567Section “Director Compensation”. As printed: 199,744. Filing ↗machine: t37 · r15 · c15 · span 181184–181191
11Section 08, Steven RothDEF 14A2026-04-070001193125-26-145567Section “Director Compensation”. As printed: 195,744. Filing ↗machine: t22 · r3 · c19 · span 125275–125282
12Section 02, Russell B. Wight, Jr 2026-05-21Form 42026-05-220001246492-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
13Section 02, Wendy A. Silverstein 2026-05-21Form 42026-05-220001246489-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
14Section 02, Mandakini Puri 2026-05-21Form 42026-05-220001407197-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
15Section 02, Steven Roth 2026-05-21Form 42026-05-220000904503-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
16Section 02, Thomas R. DiBenedetto 2026-05-21Form 42026-05-220001090160-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
17Section 02, David Mandelbaum 2026-05-21Form 42026-05-220001246483-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Arthur I. Sonnenblick 2026-05-21Form 42026-05-220001247862-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Russell B. Wight, Jr 2026-06-09Form 42026-06-100001246492-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
20Section 06, 2026 voteForm 8-K2026-05-210000003499-26-000026Item 5.07 · say-on-pay result. As reported: 93.92% (votes for as printed: 4,158,627). Filing ↗
21Section 06, 2023 voteForm 8-K2023-05-220000003499-23-000021Item 5.07 · say-on-pay result. As reported: 87.99% (votes for as printed: 4,014,917). Filing ↗
22Section 06, 2020 voteForm 8-K2020-05-140000003499-20-000018Item 5.07 · say-on-pay result. As reported: 89.67% (votes for as printed: 4,238,072). Filing ↗machine: span 60338–67423
23Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
24Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
25Section 09b board cost (computed)ComputedcomputedCash 618,000 + equity 393,750 + all other 432,810 = 1,444,560, summed across the director compensation table rows.machine: formula: Σ = 1,444,560
26Alexanders Inc. (subject), Section 10b CEO totalDEF 14A2026-04-070001193125-26-145567CEO total compensation as printed in Alexanders Inc.'s own proxy. As printed: 195,744. Filing ↗machine: span 125275–125282