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.
Each company listed discloses BRT 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 BRT in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Jeffrey Gould | $1,023,798 | $325,000 | $497,555 | $0 | $0 | $0 | $66,207 | $1,912,560 |
| President and Chief Executive Officer | ||||||||
| Mitchell Gould | 217,798 | 0 | 118,459 | 0 | 0 | 0 | 744,512 | 1,080,769 |
| Executive Vice President | ||||||||
| Steven Rosenzweig | 240,901 | 0 | 276,249 | 0 | 0 | 0 | 441,859 | 959,009 |
| Senior Vice President-Legal | ||||||||
| David Kalish | 295,250 | 0 | 332,419 | 0 | 0 | 0 | 290,393 | 918,062 |
| Senior Vice President, Finance | ||||||||
| Isaac Kalish | 159,112 | 0 | 339,325 | 0 | 0 | 0 | 382,145 | 880,582 |
| Senior Vice President and CFO | ||||||||
| George Zweier | 407,756 | 40,174 | 154,882 | 0 | 0 | 0 | 58,500 | 661,312 |
| Vice President and Chief 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.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Jeffrey Gould | $1,912,560 | $1,928,027 | $1,882,891 | −15,467 |
| Mitchell Gould | 1,080,769 | 890,741 | 1,882,891 | +190,028 |
| Steven Rosenzweig | 959,009 | — | — | — |
| David Kalish | 918,062 | 932,434 | 923,084 | −14,372 |
| Isaac Kalish | 880,582 | 863,180 | — | +17,402 |
| George Zweier | 661,312 | 795,078 | 772,933 | −133,766 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| David W. Kalish | PSU | 2025-07-11 | 1,938 | 3,875 | — | 7,750 | $121,288 |
| Jeffrey A. Gould | PSU | 2025-07-11 | 2,625 | 5,250 | — | 10,500 | 72,450 |
| George Zweier | RSU | 2025-01-13 | — | — | 9,100 | — | 154,882 |
| Isaac Kalish | RSU | 2025-01-13 | — | — | 10,000 | — | 170,200 |
| Jeffrey A. Gould | PSU | 2025-07-11 | 2,625 | 5,250 | — | 10,500 | 164,325 |
| Mitchell Gould | RSU | 2025-01-13 | — | — | 6,960 | — | 118,459 |
| Steven Rosenzweig | RSU | 2025-01-13 | — | — | 6,294 | — | 107,124 |
| David W. Kalish | PSU | 2025-07-11 | 1,938 | 3,875 | — | 7,750 | 53,475 |
| David W. Kalish | RSU | 2025-01-13 | — | — | 9,263 | — | 157,656 |
| Steven Rosenzweig | PSU | 2025-07-11 | 1,500 | 3,000 | — | 6,000 | 93,900 |
| Isaac Kalish | PSU | 2025-07-11 | 1,938 | 3,875 | — | 7,750 | 121,288 |
| Jeffrey A. Gould | RSU | 2025-01-13 | — | — | 15,322 | — | 260,780 |
| Isaac Kalish | PSU | 2025-07-11 | 1,938 | 3,875 | — | 7,750 | 53,475 |
| Steven Rosenzweig | PSU | 2025-07-11 | 1,500 | 3,000 | — | 6,000 | 41,400 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| David W. Kalish | $157,656 | $174,763 | $0 | 52.6% |
| Jeffrey A. Gould | 260,780 | 236,775 | 0 | 47.6% |
| George Zweier | 154,882 | 0 | 0 | 0.0% |
| Isaac Kalish | 170,200 | 174,763 | 0 | 50.7% |
| Mitchell Gould | 118,459 | 0 | 0 | 0.0% |
| Steven Rosenzweig | 107,124 | 135,300 | 0 | 55.8% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Gould | RSU | 86,998 | — | $1,278,871 |
| George Zweier | PSU | 23,675 | — | 347,288 |
| Kalish | PSU | 52,314 | — | 769,016 |
| Gould | PSU | 70,875 | — | 1,041,863 |
| Kalish | RSU | 57,200 | — | 840,840 |
| Kalish | RSU | 55,270 | — | 812,469 |
| George Zweier | RSU | 51,050 | — | 750,435 |
| Gould | RSU | 50,810 | — | 746,907 |
| Kalish | PSU | 50,062 | — | 735,911 |
| Rosenzweig | PSU | 38,813 | — | 570,544 |
| Rosenzweig | RSU | 33,066 | — | 486,070 |
The principal objectives of our compensation program for full-time executive officers are to: (a) retain highly experienced officers who have worked together for a long time and contribute to our success, (b) motivate these officers to contribute to the achievement of our success, (c) ensure that the total compensation paid to such officers is fair and competitive both internally (i.e., within our company), and externally (i.e., with respect to our peers), and (d) align the interests of these executives and our stockholders.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-06-10 | 13,967,597 | 201,767 | 225,828 | 98.58% | Passed |
| 2023 | 2023-06-14 | 13,290,852 | 233,323 | 110,826 | 98.27% | Passed |
| 2020 | 2020-06-30 | 12,836,865 | 611,141 | 54,137 | 95.46% | Passed |
| 2017 | 2017-03-14 | 10,920,283 | 113,196 | 294,270 | 96.4% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-06-10 | 98.58%a |
| 2023 | 2023-06-14 | 98.27%b |
| 2020 | 2020-06-30 | 95.46%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.
| Ratio (CEO : median employee) | 5 : 1 |
|---|---|
| CEO total compensation | $1,912,560 |
| Median employee compensation | $381,349 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Israel RosenzweigNot independent · Board Chair | $282,225 | $155,866 | $0 | $0 | $-1 | $438,090 |
| Jeffrey RubinIndependent · Lead Independent Director · Compensation (Chair) · Nominating | 59,975 | 72,335 | 0 | 0 | 0 | 132,310 |
| Louis C. GrassiIndependent · Audit (Chair) · Nominating | 55,100 | 72,335 | 0 | 0 | 0 | 127,435 |
| Gary HurandIndependent · Audit · Nominating (Chair) | 43,800 | 72,335 | 0 | 0 | 0 | 116,135 |
| Jonathan H. SimonIndependent · Compensation | 37,200 | 72,335 | 0 | 0 | 0 | 109,535 |
| Elie Y. WeissIndependent · Audit | 35,450 | 72,335 | 0 | 0 | 0 | 107,785 |
| Alan GinsburgIndependent · Compensation | 34,600 | 72,335 | 0 | 0 | 0 | 106,935 |
| Carol CiceroIndependent · Audit | 31,675 | 72,335 | 0 | 0 | 0 | 104,010 |
| Matthew J. GouldNot independent | 0 | 0 | 0 | 0 | 0 | 0 |
| Fredric H. GouldNot independent | 0 | 0 | 0 | 0 | 0 | 0 |
| Jeffrey A. GouldEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| 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 guideline | 3x annual retainer ($69,000) |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $580,025 |
| Equity awards (grant-date value) | $662,211 |
| All other compensation | $-1 |
| Total cost of the board | $1,242,235 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | BRT Apartments Corp. | 2025 | Jeffrey 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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Jeffrey Gould | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Summary Compensation Table” · page 26. As printed: 1,912,560. Filing ↗machine: r8 · c18 · span 468941–468950 |
| 2 | Section 01, Mitchell Gould | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Summary Compensation Table” · page 26. As printed: 1,080,769. Filing ↗machine: r8 · c18 · span 489185–489194 |
| 3 | Section 01, Steven Rosenzweig | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Summary Compensation Table” · page 26. As printed: 959,009. Filing ↗machine: r17 · c18 · span 519434–519441 |
| 4 | Section 01, David Kalish | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Summary Compensation Table” · page 26. As printed: 918,062. Filing ↗machine: r14 · c18 · span 499520–499527 |
| 5 | Section 01, Isaac Kalish | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Summary Compensation Table” · page 26. As printed: 880,582. Filing ↗machine: r14 · c18 · span 509435–509442 |
| 6 | Section 01, George Zweier | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Summary Compensation Table” · page 26. As printed: 661,312. Filing ↗machine: r5 · c18 · span 479195–479202 |
| 7 | Section 03, David W. Kalish PSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r9 · c10 · span 575991–575996 |
| 8 | Section 03, Jeffrey A. Gould PSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r4 · c10 · span 556460–556465 |
| 9 | Section 03, George Zweier RSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r6 · c18 · span 565341–565346 |
| 10 | Section 03, Isaac Kalish RSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r11 · c18 · span 584775–584781 |
| 11 | Section 03, Jeffrey A. Gould PSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r4 · c10 · span 556460–556465 |
| 12 | Section 03, Mitchell Gould RSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r7 · c18 · span 569604–569609 |
| 13 | Section 03, Steven Rosenzweig RSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r14 · c18 · span 596598–596603 |
| 14 | Section 03, David W. Kalish PSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r9 · c10 · span 575991–575996 |
| 15 | Section 03, David W. Kalish RSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r8 · c18 · span 573608–573613 |
| 16 | Section 03, Steven Rosenzweig PSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r15 · c10 · span 598981–598986 |
| 17 | Section 03, Isaac Kalish PSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r12 · c10 · span 587530–587535 |
| 18 | Section 03, Jeffrey A. Gould RSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r3 · c18 · span 553708–553714 |
| 19 | Section 03, Isaac Kalish PSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r12 · c10 · span 587530–587535 |
| 20 | Section 03, Steven Rosenzweig PSU | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Grant of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t119 · r15 · c10 · span 598981–598986 |
| 21 | Section 07, pay ratio | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “CEO Pay Ratio”. As printed: 5 : 1. Filing ↗ |
| 22 | Section 08, Israel Rosenzweig | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 438,090. Filing ↗machine: t54 · r6 · c9 · span 212140–212147 |
| 23 | Section 08, Jeffrey Rubin | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 132,310. Filing ↗machine: t54 · r7 · c9 · span 213934–213941 |
| 24 | Section 08, Louis C. Grassi | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 127,435. Filing ↗machine: t54 · r4 · c9 · span 208287–208294 |
| 25 | Section 08, Gary Hurand | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 116,135. Filing ↗machine: t54 · r5 · c9 · span 210115–210122 |
| 26 | Section 08, Jonathan H. Simon | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 109,535. Filing ↗machine: t54 · r8 · c9 · span 216002–216009 |
| 27 | Section 08, Elie Y. Weiss | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 107,785. Filing ↗machine: t54 · r9 · c9 · span 217700–217707 |
| 28 | Section 08, Alan Ginsburg | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 106,935. Filing ↗machine: t54 · r3 · c9 · span 206221–206228 |
| 29 | Section 08, Carol Cicero | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 104,010. Filing ↗machine: t54 · r2 · c9 · span 204427–204434 |
| 30 | Section 08, Matthew J. Gould | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 31 | Section 08, Fredric H. Gould | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 32 | Section 08, Jeffrey A. Gould | DEF 14A | 2026-04-20 | 0001140361-26-015498 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 33 | Section 06, 2026 vote | Form 8-K | 2026-06-10 | 0000014846-26-000023 | Item 5.07 · say-on-pay result. As reported: 98.58% (votes for as printed: 13,967,597). Filing ↗ |
| 34 | Section 06, 2023 vote | Form 8-K | 2023-06-15 | 0000014846-23-000022 | Item 5.07 · say-on-pay result. As reported: 98.27% (votes for as printed: 13,290,852). Filing ↗ |
| 35 | Section 06, 2020 vote | Form 8-K | 2020-07-01 | 0000014846-20-000022 | Item 5.07 · say-on-pay result. As reported: 95.46%. Filing ↗ |
| 36 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 37 | Section 03b vehicle mix (computed) | 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 |
| 38 | Section 09b board cost (computed) | Computed | — | computed | Cash 580,025 + equity 662,211 + all other -1 = 1,242,235, summed across the director compensation table rows.machine: formula: Σ = 1,242,235 |
| 39 | BRT Apartments Corp. (subject), Section 10b CEO total | DEF 14A | 2026-04-20 | 0001140361-26-015498 | CEO total compensation as printed in BRT Apartments Corp.'s own proxy. As printed: 1,912,560. Filing ↗machine: r8 · c18 · span 468941–468950 |