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

BRT Apartments Corp. (BRT)

CEO Jeffrey Gould was paid $1,912,560 in fiscal year 2025, ↓ down 0.8% from fiscal year 2024, the 20th percentile of its disclosed peer group (SEC filing 0001140361-26-015498 ↗): 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.

$1,912,560 ↓
Jeffrey Gould total, FY2025
20th
CEO pay percentile vs peers
5:1
CEO-to-median pay ratio
98.58%
Say-on-pay support, latest vote

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BRT's next annual pay disclosure, estimated April 24, 2027.est. Filing ↗

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jeffrey Gould$1,023,798$325,000$497,555$0$0$0$66,207$1,912,560
President and CEO
Mitchell Gould217,7980118,459000744,5121,080,769
Executive Vice President
Steven Rosenzweig240,9010276,249000441,859959,009
Senior Vice President-Legal
David Kalish295,2500332,419000290,393918,062
Senior Vice President, Finance
Isaac Kalish159,1120339,325000382,145880,582
Senior Vice President and CFO
George Zweier407,75640,174154,88200058,500661,312
Vice President and CFO

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 FY2024→2025
Jeffrey Gould$1,912,560$1,928,027$1,882,891↓ −15,467
Mitchell Gould1,080,769890,741971,545↑ +190,028
Steven Rosenzweig959,009———
David Kalish918,062932,434923,084↓ −14,372
Isaac Kalish880,582863,180854,431↑ +17,402
George Zweier661,312795,078772,933↓ −133,766

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

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$1,912,560 Jeffrey Gould total, FY2025

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Data as of June 10, 2026 · Source: 0001140361-26-015498 · Velarion Executive Compensation Database, deposited on Zenodo (doi:10.5281/zenodo.22283855).

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01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Alan GinsburgIndependent Director$106,935
Carol CiceroIndependent Director$104,010
Elie Y. WeissIndependent Director$107,785
Gary HurandLead Independent Director$116,135
Israel RosenzweigChair of the Board$438,090
Jeffrey RubinIndependent Director$132,310
Jonathan H. SimonIndependent Director$109,535
Louis C. GrassiIndependent Director$127,435
Matthew J. GouldDirector—
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Jeffrey A. GouldPSU2025-07-112,6255,250—10,500$164,325
Steven RosenzweigRSU2025-01-13——6,294—107,124
Jeffrey A. GouldRSU2025-01-13——15,322—260,780
Jeffrey A. GouldPSU2025-07-112,6255,250—10,50072,450
George ZweierRSU2025-01-13——9,100—154,882
Mitchell GouldRSU2025-01-13——6,960—118,459
David W. KalishRSU2025-01-13——9,263—157,656
David W. KalishPSU2025-07-111,9383,875—7,75053,475
David W. KalishPSU2025-07-111,9383,875—7,750121,288
Isaac KalishRSU2025-01-13——10,000—170,200
Isaac KalishPSU2025-07-111,9383,875—7,75053,475
Isaac KalishPSU2025-07-111,9383,875—7,750121,288
Steven RosenzweigPSU2025-07-111,5003,000—6,00041,400
Steven RosenzweigPSU2025-07-111,5003,000—6,00093,900
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Jeffrey A. Gould$260,780$236,775$047.6%
Steven Rosenzweig107,124135,300055.8%
George Zweier154,882000.0%
Mitchell Gould118,459000.0%
David W. Kalish157,656174,763052.6%
Isaac Kalish170,200174,763050.7%

% 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
George ZweierRSU51,050—$750,435
KalishRSU57,200—840,840
KalishPSU52,314—769,016
KalishRSU55,270—812,469
RosenzweigPSU38,813—570,544
GouldRSU50,810—746,907
RosenzweigRSU33,066—486,070
GouldRSU86,998—1,278,871
GouldPSU70,875—1,041,863
KalishPSU50,062—735,911
George ZweierPSU23,675—347,288
05

Incentive-plan design — the Compensation Discussion & Analysis

The principal objectives of the compensation program are to retain highly experienced officers, motivate them to contribute to the company's success, ensure total compensation is fair and competitive both internally and externally, and align the interests of executives with stockholders. For part-time officers, the objective is to ensure compensation allocated to the company is reasonable for the services performed and that they provide sufficient time and attention to meet the company's needs.

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

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-1013,967,597201,767225,82898.58%Passed
20232023-06-1413,290,852233,323110,82698.27%Passed
20202020-06-3012,836,865611,14154,13795.46%Passed
20172017-03-1410,920,283113,196294,27096.4%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
20262026-06-1098.58%a
20232023-06-1498.27%b
20202020-06-3095.46%c

a. Approved under the standard stated in the filing — “For purposes of such votes, abstentions and broker non-votes will not be counted as votes cast and will have no effect on the results of the votes on each such proposal.”.

b. Approved under the standard stated in the filing — “For purposes of the Say-on-Pay Proposal, abstentions and broker non-votes will not be counted as votes cast and will have no effect on the result of the vote.”.

c. Approved under the standard stated in the filing — “For purposes of the non-binding advisory vote on executive compensation, abstentions and broker non-votes will not be counted as votes cast and will have no effect on the results of the vote.”.

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)5 : 1
CEO total compensation$1,912,560
Median employee compensation$381,349
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Israel RosenzweigEmployee director · Board Chair$282,225$155,866———$438,090
Jeffrey RubinIndependent · Lead Independent Director · Compensation (Chair)59,97572,335———132,310
Louis C. GrassiIndependent · Audit (Chair) · Nominating55,10072,335———127,435
Gary HurandIndependent · Audit · Nominating (Chair)43,80072,335———116,135
Jonathan H. SimonIndependent · Compensation37,20072,335———109,535
Elie Y. WeissIndependent · Audit35,45072,335———107,785
Alan GinsburgIndependent · Compensation34,60072,335———106,935
Carol CiceroIndependent · Nominating31,67572,335———104,010
Jeffrey A. GouldEmployee director—————0
Matthew J. GouldEmployee director000000
Fredric H. GouldNot independent——————
09

Board fee structure and ownership guideline

Annual cash retainer$23,000
Annual equity retainer$76,055
Per board meeting fee$1,450
Committee chair fees (audit / comp / nom-gov)14,500 / 14,500 / 4,600
Stock ownership guideline3x annual retainer ($69,000)
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$580,025
Equity awards (grant-date value)$662,211
All other compensation$0
Total cost of the board$1,242,236

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
1BRT Apartments Corp.2025Jeffrey Gould$1,023,798$497,555$0$0$1,912,560

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.

10d

Frequently asked questions

Who was the highest-paid executive at BRT Apartments Corp. in fiscal 2025?
As disclosed, Jeffrey Gould (President and CEO) was the highest-paid executive at BRT Apartments Corp. in fiscal 2025, with total compensation of $1,912,560.
How does BRT Apartments Corp.'s chief executive pay compare to its disclosed peer group?
As disclosed, Jeffrey Gould's total compensation ranked at the 20th percentile of BRT Apartments Corp.'s disclosed peer group.
What is BRT Apartments Corp.'s CEO-to-median employee pay ratio?
As disclosed, BRT Apartments Corp.'s CEO-to-median employee pay ratio was 5:1.
How did shareholders vote on BRT Apartments Corp.'s executive compensation?
As disclosed, 98.58% of shareholders supported BRT Apartments Corp.'s executive compensation in the latest say-on-pay vote.
How much does BRT Apartments Corp. spend in total on board compensation for fiscal 2025?
As disclosed, BRT Apartments Corp. reported total board compensation of $1,242,236 for fiscal 2025.

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, Jeffrey GouldDEF 14A2026-04-200001140361-26-015498Section “Summary Compensation Table” · page 26. As printed: 1,912,560. Filing ↗machine: r2 · c18 · span 468941–468950
2Section 01, Mitchell GouldDEF 14A2026-04-200001140361-26-015498Section “Summary Compensation Table” · page 26. As printed: 1,080,769. Filing ↗
3Section 01, Steven RosenzweigDEF 14A2026-04-200001140361-26-015498Section “Summary Compensation Table” · page 26. As printed: 959,009. Filing ↗machine: r17 · c18 · span 519434–519441
4Section 01, David KalishDEF 14A2026-04-200001140361-26-015498Section “Summary Compensation Table” · page 26. As printed: 918,062. Filing ↗machine: r11 · c18 · span 499520–499527
5Section 01, Isaac KalishDEF 14A2026-04-200001140361-26-015498Section “Summary Compensation Table” · page 26. As printed: 880,582. Filing ↗
6Section 01, George ZweierDEF 14A2026-04-200001140361-26-015498Section “Summary Compensation Table” · page 26. As printed: 661,312. Filing ↗machine: r5 · c18 · span 479195–479202
7Section 03, Jeffrey A. Gould PSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r4 · c10 · span 556460–556465
8Section 03, Steven Rosenzweig RSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r14 · c18 · span 596598–596603
9Section 03, Jeffrey A. Gould RSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r3 · c18 · span 553708–553714
10Section 03, Jeffrey A. Gould PSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r4 · c10 · span 556460–556465
11Section 03, George Zweier RSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r6 · c18 · span 565341–565346
12Section 03, Mitchell Gould RSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r7 · c18 · span 569604–569609
13Section 03, David W. Kalish RSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r8 · c18 · span 573608–573613
14Section 03, David W. Kalish PSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r9 · c10 · span 575991–575996
15Section 03, David W. Kalish PSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r9 · c10 · span 575991–575996
16Section 03, Isaac Kalish RSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r11 · c18 · span 584775–584781
17Section 03, Isaac Kalish PSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r12 · c10 · span 587530–587535
18Section 03, Isaac Kalish PSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r12 · c10 · span 587530–587535
19Section 03, Steven Rosenzweig PSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r15 · c10 · span 598981–598986
20Section 03, Steven Rosenzweig PSUDEF 14A2026-04-200001140361-26-015498Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r15 · c10 · span 598981–598986
21Section 07, pay ratioDEF 14A2026-04-200001140361-26-015498Section “CEO Pay Ratio”. As printed: 5 : 1. Filing ↗
22Section 08, Israel RosenzweigDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: 438,090. Filing ↗machine: span 211975–212154
23Section 08, Jeffrey RubinDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: 132,310. Filing ↗machine: span 213769–213948
24Section 08, Louis C. GrassiDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: 127,435. Filing ↗machine: span 208122–208301
25Section 08, Gary HurandDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: 116,135. Filing ↗machine: span 209914–210136
26Section 08, Jonathan H. SimonDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: 109,535. Filing ↗machine: span 215837–216016
27Section 08, Elie Y. WeissDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: 107,785. Filing ↗machine: span 217535–217713
28Section 08, Alan GinsburgDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: 106,935. Filing ↗machine: span 206056–206235
29Section 08, Carol CiceroDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: 104,010. Filing ↗machine: span 204262–204441
30Section 08, Jeffrey A. GouldDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: 0. Filing ↗
31Section 08, Matthew J. GouldDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: 0. Filing ↗
32Section 08, Fredric H. GouldDEF 14A2026-04-200001140361-26-015498Section “Director Compensation”. As printed: —. Filing ↗
33Section 06, 2026 voteForm 8-K2026-06-100000014846-26-000023Item 5.07 · say-on-pay result. As reported: 98.58% (votes for as printed: 13,967,597). Filing ↗
34Section 06, 2023 voteForm 8-K2023-06-150000014846-23-000022Item 5.07 · say-on-pay result. As reported: 98.27% (votes for as printed: 13,290,852). Filing ↗
35Section 06, 2020 voteForm 8-K2020-07-010000014846-20-000022Item 5.07 · say-on-pay result. As reported: 95.46%. Filing ↗
36Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
37Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
38Section 09b board cost (computed)Computed——Cash 580,025 + equity 662,211 + all other 0 = 1,242,236, summed across the director compensation table rows.machine: formula: Σ = 1,242,236
39BRT Apartments Corp. (subject), Section 10b CEO totalDEF 14A2026-04-200001140361-26-015498CEO total compensation as printed in BRT Apartments Corp.'s own proxy. As printed: 1,912,560. Filing ↗machine: r2 · c18 · span 468941–468950

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