Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-28

Crown Castle INC. (CCI)

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.

$18,218,454
Steven Moskowitz total, FY2025
Former President & CEOhighest-paid officer; CEO Christian Hillabrant: $14,154,801
37th
CEO (Christian Hillabrant) pay percentile vs peers
113:1
CEO-to-median pay ratio
88.36%
Say-on-pay support, latest vote
Companies that benchmark against CCI
15 companies name CCI as a compensation peer

Each company listed discloses CCI 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 CCI 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 Moskowitz$225,000$0$12,504,484$0$492,397$0$4,996,573$18,218,454
Former President & CEO
Christian Hillabrant269,231800,00012,147,0360823,5220115,01214,154,801
President & CEO
Daniel Schlanger640,000572,4739,885,4300890,624046,57312,035,100
EVP & CTRO; Former Interim President & CEO; Former CFO
Sunit Patel456,731250,0007,695,9570655,291045,2959,103,274
EVP & CFO
Christopher Levendos600,00005,423,1830834,960046,6666,904,809
EVP & COO--Fiber
Edward Adams515,00004,449,3730716,674018,4255,699,472
EVP & General Counsel
Catherine Piche550,00004,286,6580765,380044,8705,646,908
EVP & COO--Towers

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 Moskowitz$18,218,454$16,441,775+1,776,679
Christian Hillabrant14,154,801
Daniel Schlanger12,035,1007,920,9624,943,018+4,114,138
Sunit Patel9,103,274
Christopher Levendos6,904,8095,785,0035,125,887+1,119,806
Edward Adams5,699,4724,095,0614,447,691+1,604,411
Catherine Piche5,646,9081,369,0534,748,074+4,277,855

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
Sunit PatelEVP & Chief Financial Officer2026-04-10A9,649$0$0CommonForm 4 ↗
Sunit PatelEVP & Chief Financial Officer2026-04-10D3,79787328,706CommonForm 4 ↗
Sunit PatelEVP & Chief Financial Officer2026-04-10D9,64900Derivative, Class A CommonForm 4 ↗
Robert Sean CollinsVice President and Controller2026-05-01D3258928,854CommonForm 4 ↗
Edward AdamsEVP and General Counsel2026-05-01A14,49000CommonForm 4 ↗
Catherine PicheEVP & COO-Towers2026-05-01A5,03100CommonForm 4 ↗
Catherine PicheEVP & COO-Towers2026-05-01D2,18689194,073CommonForm 4 ↗
Robert Sean CollinsVice President and Controller2026-05-01A1,13800CommonForm 4 ↗
Edward AdamsEVP and General Counsel2026-05-01D5,70289506,224CommonForm 4 ↗
Kevin A. StephensDirector2026-05-05A8209073,997CommonForm 4 ↗
Kristoffer L. HinsonEVP and CCO2026-05-20A11,08300Derivative, Class A CommonForm 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 MoskowitzRSU2025-02-2654,239$4,969,920
Edward AdamsPSU2025-03-2814,49014,49014,4901,501,164
Edward AdamsPSU2025-02-264,7959,5919,59119,182888,223
Daniel SchlangerPSU2025-03-239,8739,8739,8731,050,388
Christopher LevendosPSU2025-03-289,6609,6609,6601,000,776
Catherine PichePSU2025-04-225,0315,0315,031525,085
Christopher LevendosPSU2025-02-267,19314,38714,38728,7741,332,380
Christian HillabrantPSU2025-09-158,25716,51516,51533,0301,609,387
Edward AdamsRSU2025-02-2612,7881,171,764
Sunit PatelRSU2025-04-0128,9523,028,669
Catherine PichePSU2025-02-266,11812,23712,23724,4741,133,269
Daniel SchlangerPSU2025-03-236,10812,21712,21724,4341,397,747
Christian HillabrantRSU2025-09-1573,3986,867,851
Christian HillabrantRSU2025-09-1522,0202,060,411
Sunit PatelRSU2025-04-0117,1781,796,991
Sunit PatelPSU2025-04-016,44212,88412,88425,7681,435,149
Daniel SchlangerRSU2025-03-2340,4784,306,454
Daniel SchlangerRSU2025-03-2316,2901,733,093
Steven MoskowitzPSU2025-02-2620,33940,67940,67981,3583,767,282
Christopher LevendosRSU2025-02-2619,1821,757,647
Catherine PicheRSU2025-02-2616,3161,495,035
Christopher LevendosPSU2025-02-267,19314,38714,38728,7741,332,380
Catherine PichePSU2025-02-266,11812,23712,23724,4741,133,269
Christian HillabrantPSU2025-09-158,25716,51516,51533,0301,609,387
Sunit PatelPSU2025-04-016,44212,88412,88425,7681,435,149
Steven MoskowitzPSU2025-02-2620,33940,67940,67981,3583,767,282
Daniel SchlangerPSU2025-03-236,10812,21712,21724,4341,397,747
Edward AdamsPSU2025-02-264,7959,5919,59119,182888,223
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Steven Moskowitz$4,969,920$7,534,564$060.3%
Edward Adams1,171,7643,277,610073.7%
Daniel Schlanger6,039,5473,845,882038.9%
Christopher Levendos1,757,6473,665,536067.6%
Catherine Piche1,495,0352,791,623065.1%
Christian Hillabrant8,928,2623,218,774026.5%
Sunit Patel4,825,6602,870,298037.3%

% 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
Edward AdamsRSU8,095$719,403
Daniel SchlangerRSU3,586318,688
Edward AdamsRSU2,434216,310
Christopher LevendosRSU14,3871,278,573
Daniel SchlangerRSU11,5141,023,249
Edward AdamsRSU9,591852,352
Christopher LevendosRSU19,1821,704,704
Daniel SchlangerRSU9,873877,414
Sunit PatelRSU28,9522,572,964
Catherine PicheRSU16,3161,450,003
Catherine PicheRSU12,2371,087,502
Daniel SchlangerRSU12,2171,085,725
Edward AdamsRSU2,440216,843
Christopher LevendosRSU12,1421,079,060
Christian HillabrantRSU73,3986,522,880
Daniel SchlangerRSU40,4783,597,280
Steven MoskowitzRSU36,1593,213,450
Christian HillabrantRSU22,0201,956,917
Sunit PatelRSU17,1781,526,609
Edward AdamsRSU14,4901,287,726
Steven MoskowitzRSU11,8321,051,510
Christopher LevendosRSU10,793959,174
Christopher LevendosRSU9,660858,484
Edward AdamsRSU7,196639,509
Catherine PicheRSU5,371477,321
Catherine PicheRSU5,031447,105
Steven MoskowitzRSU36,3833,233,357
Steven MoskowitzRSU32,3412,874,145
Christian HillabrantRSU16,5151,467,688
Edward AdamsRSU12,7881,136,470
Daniel SchlangerRSU16,2901,447,692
Sunit PatelRSU12,8841,145,001
Daniel SchlangerRSU10,235909,584
Christopher LevendosRSU3,912347,659
05

Incentive-plan design — the Compensation Discussion & Analysis

The Committee aims to target total direct compensation for executives at approximately the 50th percentile of market, with the opportunity to earn above or below that level based on Company performance against pre-established criteria, reflecting a heavily 'at-risk,' pay-for-performance philosophy.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultantFW Cook
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-20348,903,60645,961,809348,61388.36%Passed
20252025-05-21346,381,06226,151,894752,14492.98%Passed
20242024-05-22332,300,64915,730,7871,697,79295.48%Passed
20232023-05-17359,358,77615,201,242318,01195.94%Passed
20222022-05-19358,130,67713,365,409638,26096.24%Passed
20212021-05-21366,150,17111,385,949606,16796.98%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
20262026-05-2088.36%a
20252025-05-2192.98%b
20242024-05-2295.48%c

a. Approved under the standard stated in the filing — “What Are the Voting Requirements for Each Proposal? The following chart describes the proposals to be considered at the Annual Meeting, the vote required to elect each director nominee and to adopt each other proposal and the manner in which votes will be counted: Proposal Voting Options Vote Required to Adopt Proposal (a) Effect of Abstentions Effect of Broker Non-Votes (b) Election of Directors For, against or abstain on each nominee Majority of votes cast Not applicable No effect Ratification of the Appointment of Independent Registered Public Accountants For, against or abstain Majority of shares present or represented and entitled to vote thereon Counted as vote against Brokers have discretion to vote in certain circumstances Advisory Vote to Approve Executive Compensation For, against or abstain Majority of shares present or represented and entitled to vote thereon Counted as vote against No effect (a) A nominee for director will be elected if the number of votes cast "for" a director nominee exceeds the number of votes cast "against" the nominee.”.

b. Voting standard not stated in the filing.

c. Approved under the standard stated in the filing — “What Are the Voting Requirements for Each Proposal? The following chart describes the proposals to be considered at the Annual Meeting, the vote required to elect each director nominee and to adopt each other proposal, and the manner in which votes will be counted: Proposal Voting Options Vote Required to Adopt Proposal (a) Effect of Abstentions Effect of Broker Non-Votes Election of Directors For, against or abstain on each nominee Majority of votes cast No effect No effect Ratification of the Appointment of Independent Registered Public Accountants For, against or abstain Majority of shares present or represented and entitled to vote thereon Counted as vote against Brokers have discretion to vote Advisory Vote to Approve Executive Compensation For, against or abstain Majority of shares present or represented and entitled to vote thereon Counted as vote against No effect Amendment to the Company's Charter Regarding Officer Exculpation For, against or abstain Majority of outstanding shares Counted as vote against Counted as vote against (a) A nominee for director will be elected if the number of votes cast "for" a director nominee exceeds the number of votes cast "against" the nominee.”.

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)113 : 1
CEO total compensation$16,864,557
Median employee compensation$149,323
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
P. Robert BartoloIndependent · Board Chair · Fiber Review (Chair) · Finance · N&G$135,000$379,990$0$0$26,445$541,435
Anthony J. MeloneIndependent · Audit (Chair) · Fiber Review132,500229,9910016,802379,293
Katherine MotlaghIndependent · Audit · Finance · Newly elected93,750258,3040021,188373,242
Kevin A. StephensIndependent · Compensation (Chair) · Audit · CHC · Strategy · Fiber Review125,000229,9910016,802371,793
Tammy K. JonesIndependent · Audit (Chair) · Strategy · Finance135,000229,99100364,991
Matthew Thornton IIIIndependent · N&G · Strategy122,500229,99100352,491
Kevin T. KabatIndependent · CHC · N&G · CEO Search117,500229,99100347,491
Andrea J. GoldsmithIndependent · CHC97,500229,99100327,491
Christian H. HillabrantEmployee director · Partial-year service · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer$85,000
Annual equity retainer$229,918
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)30,000 / 15,000 / 25,000
Stock ownership guideline$944,754
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$958,750
Equity awards (grant-date value)$2,018,240
All other compensation$81,237
Total cost of the board$3,058,227

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

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Crown Castle INC. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Crown Castle INC..

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
1ServiceNow, Inc.2025William McDermott$1,516,667$43,481,651$0$3,522,375$51,550,957
2Intuit Inc.2025Sasan Goodarzi1,300,00024,285,3848,650,1682,600,00036,845,552
3American Electric Power Company Inc.2025William Fehrman1,505,76929,339,78204,290,00036,601,524
4Booking Holdings Inc.2025Glenn Fogel1,250,00026,202,27904,042,50035,418,102
5Applied Materials, Inc.2025Gary Dickerson1,030,00026,944,99501,506,37529,649,352
6The PNC Financial Services Group, Inc.2025William Demchak1,300,00017,500,18409,200,00029,503,081
7LAM Research Corporation2025Timothy Archer1,236,53924,101,12302,938,32028,298,161
8Southern Company2025Christopher Womack1,560,57713,830,05403,665,02528,223,562
9NextEra Energy Inc.2025Rebecca Kujawa514,80019,888,2155,126,242026,105,632
10KLA Corporation2025Richard Wallace1,190,48120,147,3713,704,31725,092,254
11Lumen Technologies, Inc.2025Kate Johnson1,354,49318,590,66304,877,48624,936,641
12Boston Properties Inc.2025Michael Mahoney1,442,60313,608,0563,749,9804,002,00123,532,050
13BXP, Inc.2025Owen Thomas950,00019,317,94302,758,90023,047,305
14Equinix, Inc.2025Adaire Fox-Martin1,000,00021,416,9514322,654,885
15NetApp, Inc.2026George Kurian1,000,00019,552,87201,597,57522,157,635
16Digital Realty Trust Inc.2025Andrew Power978,84614,174,68403,700,00021,071,498
17Iron Mountain Inc.2025William Meaney1,195,70211,401,8322,099,9852,273,00017,047,480
18Prologis Inc.2025Daniel Letter795,38512,500,990015,190,625
19American Tower Corporation2025Steven Vondran1,000,00011,528,74802,280,00014,854,505
20Extra Space Storage Inc.2025Joseph Margolis940,00011,138,71501,616,21314,186,887
21Crown Castle INC.2025Christian Hillabrant269,23112,147,0360823,52214,154,801
22Invitation Homes Inc.2025Dallas Tanner1,000,00010,965,04602,108,00014,096,335
23Weyerhaeuser Company2025Devin Stockfish1,300,00010,155,81002,102,00013,983,685
24Public Service Enterprise Group Inc.2025Ralph LaRossa1,386,0009,000,15302,563,40013,866,735
25Duke Energy Corporation2025Harry Sideris1,200,00010,068,66301,974,10213,652,630
26Equity Residential2025Mark Parrell900,0008,023,6681,498,7412,317,61312,759,187
27SBA Communications Corporation2025Brendan Cavanagh955,0008,640,31301,733,08611,358,715
28AvalonBay Communities Inc.2025Benjamin Schall1,000,0006,319,735482,3651,815,5409,663,500
29Alexandria Real Estate Equities, Inc.2025Peter Moglia840,0006,106,50201,890,0008,844,053
30Charter Communications, Inc.2025Christopher Winfrey1,823,846004,263,1466,466,193
31Mid-America Apartment Communities, Inc.2025H. Eric Bolton, Jr.884,9883,826,7470942,0075,874,989

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Crown Castle INC.139.16%PRSU 60 · RSU 40NoFW Cook
Alexandria Real Estate Equities, Inc.not disclosedPSU 50 · RSU 50Yes — Absolute TSRFTI Consulting, Inc.
American Electric Power Company Inc.174.9%PSU 75 · RSU 25Yes — Three-Year Total Shareholder Return of AEP vs. TSR Peer GroupMeridian Compensation Partners, LLC
American Tower Corporation114%PSU 70 · RSU 30Yes — Relative TSRMeridian Compensation Partners, LLC
Applied Materials, Inc.97.5%PSU 75 · RSU 25Yes — Relative TSR vs S&P 500Semler Brossy Consulting Group
AvalonBay Communities Inc.104.8%PSU 100NoFerguson Partners Consulting L.P.
Booking Holdings Inc.162%PSU 60 · RSU 40Yes — Relative Total Stockholder Return (rTSR)Semler Brossy
Boston Properties Inc.173%PSU 50 · RSU 25 · Options 25NoSemler Brossy Consulting Group, LLC
BXP, Inc.117.4%PSU 55 · RSU 45Yes — Relative TSR with aTSR ModifierFW Cook
Charter Communications, Inc.94.3%Options 90 · RSU 10not disclosedSemler Brossy Consulting Group, LLC
Digital Realty Trust Inc.378%PSU 60 · LTIP Units 40NoSemler Brossy
Duke Energy Corporation114.7%PSU 70 · RSU 30Yes — Relative TSRFW Cook
Equinix, Inc.99%PSU 67 · RSU 33Yes — rTSRCompensia
Equity Residential114.45%PSU 100Yes — Performance of Company relative to weighted average TSR of companies in the FTSE Nareit Equity Apartments IndexFerguson Partners Consulting
Extra Space Storage Inc.98.25%PSU 75 · RSU 25Yes — Relative TSRMeridian
Intuit Inc.not disclosedPSU 50 · RSU 25 · Options 25Yes — Relative TSR (60th percentile target)Frederic W. Cook & Co. (FW Cook)
Invitation Homes Inc.105.4%PSU 75 · RSU 25Yes — TSR Relative to RMS Index CAGRFerguson Partners Consulting
Iron Mountain Inc.105.5%PSU 85 · Options 15Yes — Relative TSR vs MSCI US REIT IndexPay Governance LLC
KLA Corporation173%PSU 60 · RSU 40NoSemler Brossy Consulting Group, LLC
LAM Research Corporation122.43%MSU 60 · RSU 40Yes — Relative TSR compared to PHLX Semiconductor Sector Total Return Index (XSOX index)Compensia, Inc.
Lumen Technologies, Inc.136.4%PSU 60 · RSU 40NoCompensia Inc.
Mid-America Apartment Communities, Inc.86%PSU 80 · RSU 20Yes — Compounded Annualized Three-Year Relative Total Shareholder Return (TSR)Pearl Meyer
NetApp, Inc.89.5%PSU 75 · RSU 25Yes — Relative TSRMeridian Compensation Partners, LLC
NextEra Energy Inc.not disclosednot disclosednot disclosednot disclosed
Prologis Inc.137.5%PSU 100NoPay Governance
Public Service Enterprise Group Inc.not disclosedPSU 70 · RSU 30Yes — Relative TSR versus peer panelCompensation Advisory Partners (CAP)
SBA Communications Corporation103.7%PSU 60 · RSU 40Yes — Relative TSRF.W. Cook & Co., Inc.
ServiceNow, Inc.not disclosedPSU 60 · RSU 40Yes — rTSR vs. S&P 500Pay Governance, LLC
Southern Company179%PSU 75 · RSU 25Yes — Relative TSRPay Governance LLC
The PNC Financial Services Group, Inc.not disclosednot disclosednot disclosednot disclosed
Weyerhaeuser Companynot disclosednot disclosednot disclosedFW Cook

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Crown Castle INC. in fiscal 2025?
Steven Moskowitz, Former President & CEO, was the highest-paid executive at Crown Castle INC. in fiscal 2025 with total compensation of $18,218,454.
How does Crown Castle INC.'s chief executive pay compare to its disclosed peer group?
The filing shows that Christian Hillabrant's pay falls in the 37th percentile of disclosed peers.
What is Crown Castle INC.'s CEO-to-median employee pay ratio?
As disclosed, the CEO-to-median employee pay ratio was 113:1.
How did shareholders vote on Crown Castle INC.'s executive compensation?
Shareholders voted 88.36% in favor of the executive compensation plan.
How much does Crown Castle INC. spend in total on board compensation for fiscal 2025?
The company reported total board compensation of $3,058,227 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, Steven MoskowitzDEF 14A2026-04-060001051470-26-000039Section “Summary Compensation Table”. As printed: 18,218,454. Filing ↗machine: r31 · c42 · span 847883–847893
2Section 01, Christian HillabrantDEF 14A2026-04-060001051470-26-000039Section “Summary Compensation Table”. As printed: 14,154,801. Filing ↗machine: r3 · c42 · span 809142–809152
3Section 01, Daniel SchlangerDEF 14A2026-04-060001051470-26-000039Section “Summary Compensation Table”. As printed: 12,035,100. Filing ↗machine: r11 · c42 · span 818173–818183
4Section 01, Sunit PatelDEF 14A2026-04-060001051470-26-000039Section “Summary Compensation Table”. As printed: 9,103,274. Filing ↗machine: r7 · c42 · span 813658–813667
5Section 01, Christopher LevendosDEF 14A2026-04-060001051470-26-000039Section “Summary Compensation Table”. As printed: 6,904,809. Filing ↗machine: r16 · c42 · span 825628–825637
6Section 01, Edward AdamsDEF 14A2026-04-060001051470-26-000039Section “Summary Compensation Table”. As printed: 5,699,472. Filing ↗machine: r21 · c42 · span 832861–832870
7Section 01, Catherine PicheDEF 14A2026-04-060001051470-26-000039Section “Summary Compensation Table”. As printed: 5,646,908. Filing ↗machine: r26 · c42 · span 840480–840489
8Section 03, Steven Moskowitz RSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r42 · c17 · span 1006073–1006079
9Section 03, Edward Adams PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r33 · c19 · span 986763–986772
10Section 03, Edward Adams PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r31 · c19 · span 981162–981169
11Section 03, Daniel Schlanger PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r18 · c13 · span 949745–949750
12Section 03, Christopher Levendos PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r27 · c13 · span 971178–971183
13Section 03, Catherine Piche PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r39 · c13 · span 999196–999201
14Section 03, Christopher Levendos PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r25 · c13 · span 966122–966128
15Section 03, Christian Hillabrant PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r7 · c13 · span 924329–924335
16Section 03, Edward Adams RSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r30 · c19 · span 978361–978370
17Section 03, Sunit Patel RSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r11 · c17 · span 933509–933515
18Section 03, Catherine Piche PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r37 · c13 · span 994140–994146
19Section 03, Daniel Schlanger PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r20 · c13 · span 955122–955128
20Section 03, Christian Hillabrant RSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r5 · c17 · span 919491–919497
21Section 03, Christian Hillabrant RSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r6 · c17 · span 922068–922074
22Section 03, Sunit Patel RSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r12 · c17 · span 935810–935816
23Section 03, Sunit Patel PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r13 · c13 · span 937845–937851
24Section 03, Daniel Schlanger RSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r17 · c17 · span 947482–947488
25Section 03, Daniel Schlanger RSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r19 · c17 · span 952861–952867
26Section 03, Steven Moskowitz PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r43 · c13 · span 1008335–1008341
27Section 03, Christopher Levendos RSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r24 · c17 · span 964086–964092
28Section 03, Catherine Piche RSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r36 · c17 · span 992104–992110
29Section 03, Christopher Levendos PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r25 · c13 · span 966122–966128
30Section 03, Catherine Piche PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r37 · c13 · span 994140–994146
31Section 03, Christian Hillabrant PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r7 · c13 · span 924329–924335
32Section 03, Sunit Patel PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r13 · c13 · span 937845–937851
33Section 03, Steven Moskowitz PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r43 · c13 · span 1008335–1008341
34Section 03, Daniel Schlanger PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r20 · c13 · span 955122–955128
35Section 03, Edward Adams PSUDEF 14A2026-04-060001051470-26-000039Section “Grants of Plan-Based Awards in 2” · grants of plan-based awards table. Filing ↗machine: t117 · r31 · c19 · span 981162–981169
36Section 07, pay ratioDEF 14A2026-04-060001051470-26-000039Section “CEO Pay Ratio”. As printed: 113 : 1. Filing ↗machine: t135 · r2 · c4 · span 1233022–1233030
37Section 08, P. Robert BartoloDEF 14A2026-04-060001051470-26-000039Section “Director Compensation”. As printed: 541,435. Filing ↗machine: t42 · r2 · c8 · span 426314–426321
38Section 08, Anthony J. MeloneDEF 14A2026-04-060001051470-26-000039Section “Director Compensation”. As printed: 379,293. Filing ↗machine: t42 · r9 · c8 · span 435331–435338
39Section 08, Katherine MotlaghDEF 14A2026-04-060001051470-26-000039Section “Director Compensation”. As printed: 373,242. Filing ↗machine: t42 · r10 · c8 · span 436648–436655
40Section 08, Kevin A. StephensDEF 14A2026-04-060001051470-26-000039Section “Director Compensation”. As printed: 371,793. Filing ↗machine: t42 · r13 · c8 · span 440799–440806
41Section 08, Tammy K. JonesDEF 14A2026-04-060001051470-26-000039Section “Director Compensation”. As printed: 364,991. Filing ↗machine: t42 · r7 · c8 · span 432833–432840
42Section 08, Matthew Thornton IIIDEF 14A2026-04-060001051470-26-000039Section “Director Compensation”. As printed: 352,491. Filing ↗machine: t42 · r14 · c8 · span 442147–442154
43Section 08, Kevin T. KabatDEF 14A2026-04-060001051470-26-000039Section “Director Compensation”. As printed: 347,491. Filing ↗machine: t42 · r8 · c8 · span 434138–434145
44Section 08, Andrea J. GoldsmithDEF 14A2026-04-060001051470-26-000039Section “Director Compensation”. As printed: 327,491. Filing ↗machine: t42 · r6 · c8 · span 431653–431660
45Section 08, Christian H. HillabrantDEF 14A2026-04-060001051470-26-000039Section “Director Compensation”. As printed: 0. Filing ↗
46Section 02, Sunit Patel 2026-04-10Form 42026-04-140001233367-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Sunit Patel 2026-04-10Form 42026-04-140001233367-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Sunit Patel 2026-04-10Form 42026-04-140001233367-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Robert Sean Collins 2026-05-01Form 42026-05-050001590197-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Edward Adams 2026-05-01Form 42026-05-050001966724-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Catherine Piche 2026-05-01Form 42026-05-050001879491-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Catherine Piche 2026-05-01Form 42026-05-050001879491-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Robert Sean Collins 2026-05-01Form 42026-05-050001590197-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Edward Adams 2026-05-01Form 42026-05-050001966724-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Kevin A. Stephens 2026-05-05Form 42026-05-060001834017-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Kristoffer L. Hinson 2026-05-20Form 42026-05-210002133362-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
57Section 06, 2026 voteForm 8-K2026-05-200001051470-26-000065Item 5.07 · say-on-pay result. As reported: 88.36% (votes for as printed: 348,903,606). Filing ↗
58Section 06, 2025 voteForm 8-K2025-05-210001051470-25-000147Item 5.07 · say-on-pay result. As reported: 92.98% (votes for as printed: 346,381,062). Filing ↗
59Section 06, 2024 voteForm 8-K2024-05-290001051470-24-000158Item 5.07 · say-on-pay result. As reported: 95.48% (votes for as printed: 332,300,649). Filing ↗
60Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
61Section 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
62Section 09b board cost (computed)ComputedcomputedCash 958,750 + equity 2,018,240 + all other 81,237 = 3,058,227, summed across the director compensation table rows.machine: formula: Σ = 3,058,227
63ServiceNow, Inc., Section 10b CEO totalDEF 14A2026-04-060001373715-26-000039CEO total compensation as printed in ServiceNow, Inc.'s own proxy. As printed: 51,550,957. Filing ↗machine: r2 · c8 · span 2636904–2636914
64Intuit Inc., Section 10b CEO totalDEF 14A2025-11-260000896878-25-000057CEO total compensation as printed in Intuit Inc.'s own proxy. As printed: 36,845,552. Filing ↗machine: span 1544523–1544533
65American Electric Power Company Inc., Section 10b CEO totalDEF 14A2026-03-180000004904-26-000022CEO total compensation as printed in American Electric Power Company Inc.'s own proxy. As printed: 36,601,524. Filing ↗machine: t38 · r3 · c22 · span 948915–948925
66Booking Holdings Inc., Section 10b CEO totalDEF 14A2026-04-210001308179-26-000310CEO total compensation as printed in Booking Holdings Inc.'s own proxy. As printed: 35,418,102. Filing ↗machine: span 2167953–2167963
67Applied Materials, Inc., Section 10b CEO totalDEF 14A2026-01-280001193125-26-027307CEO total compensation as printed in Applied Materials, Inc.'s own proxy. As printed: 29,649,352. Filing ↗machine: span 1076045–1076055
68The PNC Financial Services Group, Inc., Section 10b CEO totalDEF 14A2026-03-110001193125-26-102189CEO total compensation as printed in The PNC Financial Services Group, Inc.'s own proxy. As printed: 29,503,081. Filing ↗machine: t444 · r4 · c39 · span 1847804–1847814
69LAM Research Corporation, Section 10b CEO totalDEF 14A2025-09-240001140361-25-036012CEO total compensation as printed in LAM Research Corporation's own proxy. As printed: 28,298,161. Filing ↗machine: r2 · c25 · span 1222791–1222801
70Southern Company, Section 10b CEO totalDEF 14A2026-04-030000092122-26-000028CEO total compensation as printed in Southern Company's own proxy. As printed: 28,223,562. Filing ↗machine: r2 · c21 · span 1349281–1349291
71NextEra Energy Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038551CEO total compensation as printed in NextEra Energy Inc.'s own proxy. As printed: 26,105,632. Filing ↗
72KLA Corporation, Section 10b CEO totalDEF 14A2025-09-230001193125-25-213294CEO total compensation as printed in KLA Corporation's own proxy. As printed: 25,092,254. Filing ↗machine: r4 · c22 · span 1153943–1153953
73Lumen Technologies, Inc., Section 10b CEO totalDEF 14A2026-04-060000018926-26-000024CEO total compensation as printed in Lumen Technologies, Inc.'s own proxy. As printed: 24,936,641. Filing ↗machine: span 2063603–2063613
74Boston Properties Inc., Section 10b CEO totalDEF 14A2026-03-180000885725-26-000025CEO total compensation as printed in Boston Properties Inc.'s own proxy. As printed: 23,532,050. Filing ↗machine: r2 · c27 · span 1249807–1249817
75BXP, Inc., Section 10b CEO totalDEF 14A2026-04-100001037540-26-000010CEO total compensation as printed in BXP, Inc.'s own proxy. As printed: 23,047,305. Filing ↗machine: span 1785714–1785724
76Equinix, Inc., Section 10b CEO totalDEF 14A2026-04-020001101239-26-000073CEO total compensation as printed in Equinix, Inc.'s own proxy. As printed: 22,654,885. Filing ↗machine: span 1101160–1101170
77NetApp, Inc., Section 10b CEO totalDEF 14A2026-07-280001193125-26-321210CEO total compensation as printed in NetApp, Inc.'s own proxy. As printed: 22,157,635. Filing ↗machine: r2 · c27 · span 1816914–1816924
78Digital Realty Trust Inc., Section 10b CEO totalDEF 14A2026-04-170001308179-26-000296CEO total compensation as printed in Digital Realty Trust Inc.'s own proxy. As printed: 21,071,498. Filing ↗machine: r2 · c14 · span 644147–644157
79Iron Mountain Inc., Section 10b CEO totalDEF 14A2026-03-240001020569-26-000026CEO total compensation as printed in Iron Mountain Inc.'s own proxy. As printed: 17,047,480. Filing ↗machine: t114 · r3 · c26 · span 952014–952024
80Prologis Inc., Section 10b CEO totalDEF 14A2026-03-190001193125-26-115132CEO total compensation as printed in Prologis Inc.'s own proxy. As printed: 15,190,625. Filing ↗machine: span 926776–926786
81American Tower Corporation, Section 10b CEO totalDEF 14A2026-04-080001053507-26-000088CEO total compensation as printed in American Tower Corporation's own proxy. As printed: 14,854,505. Filing ↗machine: span 1362503–1362513
82Extra Space Storage Inc., Section 10b CEO totalDEF 14A2026-04-010001289490-26-000027CEO total compensation as printed in Extra Space Storage Inc.'s own proxy. As printed: 14,186,887. Filing ↗machine: r2 · c21 · span 521873–521883
83Crown Castle INC. (subject), Section 10b CEO totalDEF 14A2026-04-060001051470-26-000039CEO total compensation as printed in Crown Castle INC.'s own proxy. As printed: 14,154,801. Filing ↗machine: r3 · c42 · span 809142–809152
84Invitation Homes Inc., Section 10b CEO totalDEF 14A2026-03-260001193125-26-126310CEO total compensation as printed in Invitation Homes Inc.'s own proxy. As printed: 14,096,335. Filing ↗machine: t266 · r3 · c39 · span 1039962–1039973
85Weyerhaeuser Company, Section 10b CEO totalDEF 14A2026-04-010001140361-26-012453CEO total compensation as printed in Weyerhaeuser Company's own proxy. As printed: 13,983,685. Filing ↗
86Public Service Enterprise Group Inc., Section 10b CEO totalDEF 14A2026-03-120001193125-26-104270CEO total compensation as printed in Public Service Enterprise Group Inc.'s own proxy. As printed: 13,866,735. Filing ↗machine: t131 · r4 · c19 · span 2441876–2441886
87Duke Energy Corporation, Section 10b CEO totalDEF 14A2026-03-200001104659-26-032443CEO total compensation as printed in Duke Energy Corporation's own proxy. As printed: 13,652,630. Filing ↗machine: r1 · c50 · span 1542349–1542359
88Equity Residential, Section 10b CEO totalDEF 14A2026-04-140001193125-26-155007CEO total compensation as printed in Equity Residential's own proxy. As printed: 12,759,187. Filing ↗machine: t125 · r5 · c25 · span 1751090–1751100
89SBA Communications Corporation, Section 10b CEO totalDEF 14A2026-04-090001193125-26-149656CEO total compensation as printed in SBA Communications Corporation's own proxy. As printed: 11,358,715. Filing ↗machine: r3 · c23 · span 1023490–1023500
90AvalonBay Communities Inc., Section 10b CEO totalDEF 14A2026-04-060001104659-26-039943CEO total compensation as printed in AvalonBay Communities Inc.'s own proxy. As printed: 9,663,500. Filing ↗machine: t263 · r9 · c18 · span 1661086–1661095
91Alexandria Real Estate Equities, Inc., Section 10b CEO totalDEF 14A2026-04-010001035443-26-000031CEO total compensation as printed in Alexandria Real Estate Equities, Inc.'s own proxy. As printed: 8,844,053. Filing ↗machine: r6 · c19 · span 3171042–3171051
92Charter Communications, Inc., Section 10b CEO totalDEF 14A2026-03-120001140361-26-009220CEO total compensation as printed in Charter Communications, Inc.'s own proxy. As printed: 6,466,193. Filing ↗machine: r2 · c28 · span 716263–716272
93Mid-America Apartment Communities, Inc., Section 10b CEO totalDEF 14A2026-04-060001140361-26-013212CEO total compensation as printed in Mid-America Apartment Communities, Inc.'s own proxy. As printed: 5,874,989. Filing ↗machine: t272 · r5 · c7 · span 1227258–1227268
94Section 10a, Equinix, Inc. reciprocityDEF 14A0001101239-26-000073Equinix, Inc. names Crown Castle INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
95Section 10a, Digital Realty Trust Inc. reciprocityDEF 14A0001308179-26-000296Digital Realty Trust Inc. names Crown Castle INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
96Section 10a, Equity Residential reciprocityDEF 14A0001193125-26-155007Equity Residential's most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
97Section 10a, Weyerhaeuser Company reciprocityDEF 14A0001140361-26-012453Weyerhaeuser Company names Crown Castle INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
98Section 10a, Booking Holdings Inc. reciprocityDEF 14A0001308179-26-000310Booking Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
99Section 10a, Lumen Technologies, Inc. reciprocityDEF 14A0000018926-26-000024Lumen Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
100Section 10a, Applied Materials, Inc. reciprocityDEF 14A0001193125-26-027307Applied Materials, Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
101Section 10a, Invitation Homes Inc. reciprocityDEF 14A0001193125-26-126310Invitation Homes Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
102Section 10a, BXP, Inc. reciprocityDEF 14A0001037540-26-000010BXP, Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
103Section 10a, NetApp, Inc. reciprocityDEF 14A0001193125-26-321210NetApp, Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
104Section 10a, Alexandria Real Estate Equities, Inc. reciprocityDEF 14A0001035443-26-000031Alexandria Real Estate Equities, Inc. names Crown Castle INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
105Section 10a, Extra Space Storage Inc. reciprocityDEF 14A0001289490-26-000027Extra Space Storage Inc. names Crown Castle INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
106Section 10a, Iron Mountain Inc. reciprocityDEF 14A0001020569-26-000026Iron Mountain Inc. names Crown Castle INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
107Section 10a, Intuit Inc. reciprocityDEF 14A0000896878-25-000057Intuit Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
108Section 10a, LAM Research Corporation reciprocityDEF 14A0001140361-25-036012LAM Research Corporation's most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
109Section 10a, KLA Corporation reciprocityDEF 14A0001193125-25-213294KLA Corporation's most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
110Section 10a, Charter Communications, Inc. reciprocityDEF 14A0001140361-26-009220Charter Communications, Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
111Section 10a, American Tower Corporation reciprocityDEF 14A0001053507-26-000088American Tower Corporation names Crown Castle INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
112Section 10a, Prologis Inc. reciprocityDEF 14A0001193125-26-115132Prologis Inc. names Crown Castle INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
113Section 10a, Southern Company reciprocityDEF 14A0000092122-26-000028Southern Company's most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
114Section 10a, NextEra Energy Inc. reciprocityDEF 14A0001104659-26-038551NextEra Energy Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
115Section 10a, Boston Properties Inc. reciprocityDEF 14A0000885725-26-000025Boston Properties Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
116Section 10a, American Electric Power Company Inc. reciprocityDEF 14A0000004904-26-000022American Electric Power Company Inc.'s most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
117Section 10a, Duke Energy Corporation reciprocityDEF 14A0001104659-26-032443Duke Energy Corporation's most recent proxy was read; its disclosed peer group does not include Crown Castle INC.. Filing ↗
118Section 10a, SBA Communications Corporation reciprocityDEF 14A0001193125-26-149656SBA Communications Corporation names Crown Castle INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗