Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-08-19

Five Point Holdings, LLC (FPH)

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.

$8,247,397
Daniel Hedigan total, FY2025
68th
CEO pay percentile vs peers
44.2:1
CEO-to-median pay ratio
97.88%
Say-on-pay support, latest vote
Companies that benchmark against FPH
2 companies name FPH as a compensation peer

Each company listed discloses FPH 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 FPH 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
Daniel Hedigan$650,000$0$4,736,511$0$2,850,000$0$10,886$8,247,397
President and Chief Executive Officer
Michael Alvarado600,00003,366,63502,280,000024,0936,270,728
Chief Operating Officer, Chief Legal Officer and Vice President
Kim Tobler500,00002,391,47201,595,000011,0404,497,512
Chief Financial Officer, Treasurer and Vice President
Greg McWilliams530,00001,068,03201,450,625010,8863,059,543
Chief Policy Officer and Vice President

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
Daniel Hedigan$8,247,397$4,315,206$3,955,542+3,932,191
Michael Alvarado6,270,7283,636,6803,252,839+2,634,048
Kim Tobler4,497,5122,459,433799,865+2,038,079
Greg McWilliams3,059,5432,519,1302,335,400+540,413

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

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Daniel HediganPSU2025-04-08150,889$452,669
Michael AlvaradoRSU2025-04-08140,341665,216
Kim ToblerRSU2025-04-0899,064469,563
Kim ToblerPSU2025-04-08231,150644,909
Michael AlvaradoPSU2025-09-03700,0001,787,800
Greg McWilliamsRSU2025-04-0894,936449,997
Daniel HediganRSU2025-04-08194,001919,565
Greg McWilliamsPSU2025-04-08221,518618,035
Daniel HediganPSU2025-09-031,000,0002,554,000
Michael AlvaradoPSU2025-04-08327,462913,619
Kim ToblerPSU2025-09-03500,0001,277,000
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Daniel Hedigan$919,565$3,006,669$076.6%
Michael Alvarado665,2162,701,419080.2%
Kim Tobler469,5631,921,909080.4%
Greg McWilliams449,997618,035057.9%

% 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
Daniel HediganRSU145,696$814,441
Greg McWilliamsRSU99,338555,299
Kim ToblerRSU72,848407,220
Greg McWilliamsRSU269,0581,504,034
Daniel HediganRSU394,6182,205,915
Michael AlvaradoRSU89,686501,345
Kim ToblerRSU500,0002,795,000
Michael AlvaradoRSU327,4621,830,513
Greg McWilliamsRSU67,265376,011
Greg McWilliamsRSU94,936530,692
Daniel HediganRSU194,0011,084,466
Greg McWilliamsRSU198,6751,110,593
Michael AlvaradoRSU700,0003,913,000
Daniel HediganRSU1,000,0005,590,000
Michael AlvaradoRSU269,0581,504,034
Michael AlvaradoRSU132,450740,396
Michael AlvaradoRSU358,7442,005,379
Daniel HediganRSU295,9641,654,439
Michael AlvaradoRSU264,9011,480,797
Kim ToblerRSU231,1501,292,129
Greg McWilliamsRSU201,7941,128,028
Greg McWilliamsRSU221,5181,238,286
Kim ToblerRSU145,695814,435
Daniel HediganRSU98,656551,487
Michael AlvaradoRSU140,341784,506
Kim ToblerRSU99,064553,768
Daniel HediganRSU452,6692,530,420
Daniel HediganRSU291,3901,628,870
05

Incentive-plan design — the Compensation Discussion & Analysis

Five Point's executive compensation program is designed to attract, motivate and retain executives critical to long-term success by providing appropriate rewards for successful performance aligned with shareholder interests, attracting and retaining effective leadership in a competitive industry, and aligning executive compensation goals with shareholder value creation. A significant portion of executive compensation is performance-based to ensure direct alignment with shareholders' interests.

CEO STI target (% of salary)308%
CEO LTI target (% of salary)
Independent consultantFerguson Partners Consulting
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-06-04118,954,8872,582,17180,95497.88%Passed
20252025-05-21124,593,574441,13222,00899.65%Passed
20242024-05-22124,548,0381,540,05331,76798.78%Passed
20232023-06-07118,497,1871,332,869216,24798.89%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
20262026-06-0497.88%a
20252025-05-2199.65%b
20242024-05-2298.78%c

a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted either for or against this proposal and, therefore, will not have any effect on the outcome of the say-on-pay vote.”.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted either for or against this proposal and, therefore, will not have any effect on the outcome of the say-on-pay vote.”.

c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be counted either for or against this proposal and, therefore, will not have any effect on the outcome of the say-on-pay 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)44.2 : 1
CEO total compensation$8,247,397
Median employee compensation$186,580
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Emile HaddadNot independent$0$0$2,500,000$2,500,000
Michael WinerIndependent · Audit · Compensation (Chair) · Nominating and Corporate Governance175,00080,00000255,000
Michael RossiIndependent · Lead Independent Director · Nominating and Corporate Governance (Chair) · Compensation175,00080,00000255,000
Kathleen BrownIndependent · Audit · Conflicts (Chair)160,00080,00000240,000
William BrowningIndependent · Audit (Chair) · Conflicts160,00080,00000240,000
Jonathan FosterIndependent · Nominating and Corporate Governance · Conflicts140,00080,00000220,000
Sam LevinsonIndependent · Compensation135,00080,00000215,000
Gary HuntIndependent120,00080,00000200,000
Stuart A. MillerEmployee director · Board Chair200,0000200,000
09

Board fee structure and ownership guideline

Annual cash retainer$120,000
Annual equity retainer$80,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)15,000 / 15,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,265,000
Equity awards (grant-date value)$560,000
All other compensation$2,500,000
Total cost of the board$4,325,000

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 Five Point Holdings, LLC 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 Five Point Holdings, LLC.

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
1Kennedy-Wilson Holdings, Inc.2024William McMorrow$1,500,000$8,734,196$0$3,735,000$15,842,528
2Hovnanian Enterprises, Inc.2025Ara Hovnanian1,154,4237,093,55404,885,14713,654,756
3Taylor Morrison Home Corporation2025Sheryl Palmer1,075,0005,599,9571,399,9871,548,00010,075,397
4M/I Homes, Inc.2025Robert Schottenstein1,100,0004,945,34303,506,2509,914,773
5Tri Pointe Homes, Inc.2025Douglas Bauer1,000,0005,999,98101,635,0008,677,081
6Century Communities, Inc.2025Robert J. Francescon1,000,0004,622,11902,784,0038,510,773
7Five Point Holdings, LLC2025Daniel Hedigan650,0004,736,51102,850,0008,247,397
8Meritage Homes Corporation2025Phillippe Lord1,000,0005,697,08501,352,0008,114,286
9The Howard Hughes Corporation2025David O'Reilly1,000,0004,677,78502,100,0007,826,778
10KB Home2025Robert McGibney912,5003,499,97502,826,8397,311,553
11Kilroy Realty Corporation2025Angela Aman820,0004,433,57701,801,8507,072,527
12Beazer Homes USA, Inc.2025Allan Merrill1,064,5253,278,49201,211,2806,367,213
13JBG SMITH Properties2025W. Matthew Kelly750,0003,499,99401,260,0005,521,861
14Terreno Realty Corporation2025W. Blake Baird800,0004,603,498005,413,998
15LGI Homes, Inc.2025Eric Lipar975,0004,143,842005,182,051
16American Assets Trust, Inc.2025Adam Wyll750,0002,228,91601,428,7504,806,038
17Alexander & Baldwin, Inc.2024Lance Parker701,2472,282,65301,109,3274,336,581
18Forestar Group Inc.2025Anthony Oxley500,0002,247,64001,315,6774,188,576
19Tejon Ranch Co.2025Matthew Walker513,3931,441,6790396,4632,355,829
20The St. Joe Company2025Jorge Gonzalez611,673308,143001,857,798

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
Five Point Holdings, LLC143%PSU 70 · RSU 30NoFerguson Partners Consulting
Alexander & Baldwin, Inc.152%PSU 50 · RSU 50Yes — TSR in Relation to Selected Peer GroupWTW
American Assets Trust, Inc.191%PSU 100Yes — Relative Total Shareholder Return (TSR) vs. S&P 600 Real Estate Indexnot disclosed
Beazer Homes USA, Inc.not disclosedPSU 40 · Cash LTI 30 · RSU 30NoPearl Meyer
Century Communities, Inc.94%PSU 100NoWealthPoint
Forestar Group Inc.not disclosednot disclosedNoLockton Companies
Hovnanian Enterprises, Inc.not disclosednot disclosedNoFW Cook
JBG SMITH Properties168%not disclosedNoFerguson Partners Consulting
KB Homenot disclosedPSU 100NoFW Cook
Kennedy-Wilson Holdings, Inc.not disclosednot disclosednot disclosednot disclosed
Kilroy Realty Corporation125.6%PSU 75 · RSU 25Yes — TSR Percentile RankingKorn Ferry
LGI Homes, Inc.not disclosedPSU 80 · RSU 20NoMeridian Compensation Partners LLC
M/I Homes, Inc.94%not disclosedNoWillis Towers Watson (WTW)
Meritage Homes Corporation41.6%PSU 50 · RSU 50NoPearl Meyer
Taylor Morrison Home Corporation183%PSU 40 · RSU 40 · Options 20NoSemler Brossy Consulting Group, LLC
Tejon Ranch Co.62%RSU 50 · PSU 50NoSemler Brossy Consulting Group, LLC
Terreno Realty Corporationnot disclosedPSU 65 · RSU 35Nonot disclosed
The Howard Hughes Corporationnot disclosedRSU 50 · PRSU 50not disclosedMeridian Compensation Partners, LLC
The St. Joe Company150%RSU 100not disclosednot disclosed
Tri Pointe Homes, Inc.65.4%PSU 60 · RSU 40NoExequity

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 Five Point Holdings, LLC in fiscal 2025?
The highest-paid executive at Five Point Holdings, LLC in fiscal 2025 was Daniel Hedigan, President and Chief Executive Officer, with total compensation of $8,247,397.
How does Five Point Holdings, LLC's chief executive pay compare to its disclosed peer group?
The filing shows that Daniel Hedigan's pay was in the 68th percentile of the disclosed peer group.
What is Five Point Holdings, LLC's CEO-to-median employee pay ratio?
The company reported a CEO-to-median employee pay ratio of 44.2:1.
How did shareholders vote on Five Point Holdings, LLC's executive compensation?
Shareholders approved the executive compensation plan with 97.88% support in the latest vote.
How much does Five Point Holdings, LLC spend in total on board compensation for fiscal 2025?
The total board compensation for fiscal 2025 was $4,325,000.

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, Daniel HediganDEF 14A2026-04-240001574197-26-000016Section “Summary Compensation Table” · page 31. As printed: 8,247,397. Filing ↗machine: t25 · r2 · c25 · span 505848–505857
2Section 01, Michael AlvaradoDEF 14A2026-04-240001574197-26-000016Section “Summary Compensation Table” · page 31. As printed: 6,270,728. Filing ↗machine: r5 · c42 · span 514301–514310
3Section 01, Kim ToblerDEF 14A2026-04-240001574197-26-000016Section “Summary Compensation Table” · page 31. As printed: 4,497,512. Filing ↗machine: r11 · c42 · span 530594–530603
4Section 01, Greg McWilliamsDEF 14A2026-04-240001574197-26-000016Section “Summary Compensation Table” · page 31. As printed: 3,059,543. Filing ↗machine: r8 · c42 · span 522181–522190
5Section 03, Daniel Hedigan PSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t26 · r4 · c16 · span 552581–552588
6Section 03, Michael Alvarado RSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t26 · r11 · c22 · span 579305–579312
7Section 03, Kim Tobler RSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t26 · r20 · c22 · span 609708–609714
8Section 03, Kim Tobler PSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t26 · r18 · c16 · span 600979–600986
9Section 03, Michael Alvarado PSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t26 · r10 · c16 · span 574649–574656
10Section 03, Greg McWilliams RSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t26 · r15 · c22 · span 592472–592478
11Section 03, Daniel Hedigan RSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t26 · r6 · c22 · span 561924–561931
12Section 03, Greg McWilliams PSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t26 · r14 · c16 · span 587818–587825
13Section 03, Daniel Hedigan PSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t21 · r2 · c1 · span 445338–445347
14Section 03, Michael Alvarado PSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t26 · r9 · c16 · span 570439–570446
15Section 03, Kim Tobler PSUDEF 14A2026-04-240001574197-26-000016Section “Grants of Plan-Based Awards Table” · grants of plan-based awards table. Filing ↗machine: t17 · r5 · c1 · span 415839–415846
16Section 07, pay ratioDEF 14A2026-04-240001574197-26-000016Section “CEO Pay Ratio”. As printed: 44.2 : 1. Filing ↗machine: span 760589–760598
17Section 08, Emile HaddadDEF 14A2026-04-240001574197-26-000016Section “Director Compensation”. As printed: 2,500,000. Filing ↗machine: t35 · r5 · c8 · span 914596–914605
18Section 08, Michael WinerDEF 14A2026-04-240001574197-26-000016Section “Director Compensation”. As printed: 255,000. Filing ↗machine: t35 · r10 · c11 · span 924637–924644
19Section 08, Michael RossiDEF 14A2026-04-240001574197-26-000016Section “Director Compensation”. As printed: 255,000. Filing ↗machine: t35 · r9 · c11 · span 922749–922756
20Section 08, Kathleen BrownDEF 14A2026-04-240001574197-26-000016Section “Director Compensation”. As printed: 240,000. Filing ↗machine: t35 · r2 · c15 · span 909308–909315
21Section 08, William BrowningDEF 14A2026-04-240001574197-26-000016Section “Director Compensation”. As printed: 240,000. Filing ↗machine: t35 · r3 · c11 · span 911228–911235
22Section 08, Jonathan FosterDEF 14A2026-04-240001574197-26-000016Section “Director Compensation”. As printed: 220,000. Filing ↗machine: t35 · r4 · c11 · span 913118–913125
23Section 08, Sam LevinsonDEF 14A2026-04-240001574197-26-000016Section “Director Compensation”. As printed: 215,000. Filing ↗machine: t35 · r7 · c11 · span 918969–918976
24Section 08, Gary HuntDEF 14A2026-04-240001574197-26-000016Section “Director Compensation”. As printed: 200,000. Filing ↗machine: t35 · r6 · c11 · span 916894–916901
25Section 08, Stuart A. MillerDEF 14A2026-04-240001574197-26-000016Section “Director Compensation”. As printed: 200,000. Filing ↗machine: t35 · r8 · c2 · span 919631–919638
26Section 06, 2026 voteForm 8-K2026-06-050001574197-26-000022Item 5.07 · say-on-pay result. As reported: 97.88% (votes for as printed: 118,954,887). Filing ↗
27Section 06, 2025 voteForm 8-K2025-05-230001574197-25-000062Item 5.07 · say-on-pay result. As reported: 99.65% (votes for as printed: 124,593,574). Filing ↗
28Section 06, 2024 voteForm 8-K2024-05-230001574197-24-000066Item 5.07 · say-on-pay result. As reported: 98.78% (votes for as printed: 124,548,038). Filing ↗
29Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
30Section 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
31Section 09b board cost (computed)ComputedcomputedCash 1,265,000 + equity 560,000 + all other 2,500,000 = 4,325,000, summed across the director compensation table rows.machine: formula: Σ = 4,325,000
32Kennedy-Wilson Holdings, Inc., Section 10b CEO totalDEF 14A2025-04-250000950170-25-058797CEO total compensation as printed in Kennedy-Wilson Holdings, Inc.'s own proxy. As printed: 15,842,528. Filing ↗machine: span 1349719–1349729
33Hovnanian Enterprises, Inc., Section 10b CEO totalDEF 14A2026-02-090001140361-26-004409CEO total compensation as printed in Hovnanian Enterprises, Inc.'s own proxy. As printed: 13,654,756. Filing ↗machine: r4 · c9 · span 793663–793673
34Taylor Morrison Home Corporation, Section 10b CEO totalDEF 14A2026-04-100001140361-26-014261CEO total compensation as printed in Taylor Morrison Home Corporation's own proxy. As printed: 10,075,397. Filing ↗machine: t176 · r2 · c27 · span 1133718–1133728
35M/I Homes, Inc., Section 10b CEO totalDEF 14A2026-04-100001193125-26-150356CEO total compensation as printed in M/I Homes, Inc.'s own proxy. As printed: 9,914,773. Filing ↗machine: t145 · r2 · c31 · span 415984–415993
36Tri Pointe Homes, Inc., Section 10b CEO totalDEF 14A2026-03-060001561680-26-000013CEO total compensation as printed in Tri Pointe Homes, Inc.'s own proxy. As printed: 8,677,081. Filing ↗machine: r2 · c48 · span 551025–551034
37Century Communities, Inc., Section 10b CEO totalDEF 14A2026-03-250001140361-26-011011CEO total compensation as printed in Century Communities, Inc.'s own proxy. As printed: 8,510,773. Filing ↗machine: t194 · r4 · c14 · span 1089521–1089530
38Five Point Holdings, LLC (subject), Section 10b CEO totalDEF 14A2026-04-240001574197-26-000016CEO total compensation as printed in Five Point Holdings, LLC's own proxy. As printed: 8,247,397. Filing ↗machine: t25 · r2 · c25 · span 505848–505857
39Meritage Homes Corporation, Section 10b CEO totalDEF 14A2026-04-070000833079-26-000098CEO total compensation as printed in Meritage Homes Corporation's own proxy. As printed: 8,114,286. Filing ↗machine: t119 · r2 · c19 · span 828485–828494
40The Howard Hughes Corporation, Section 10b CEO totalDEF 14A2026-08-190001104659-26-098808CEO total compensation as printed in The Howard Hughes Corporation's own proxy. As printed: 7,826,778. Filing ↗machine: r1 · c54 · span 1459148–1459157
41KB Home, Section 10b CEO totalDEF 14A2026-03-130001308179-26-000068CEO total compensation as printed in KB Home's own proxy. As printed: 7,311,553. Filing ↗machine: t157 · r7 · c14 · span 1740061–1740070
42Kilroy Realty Corporation, Section 10b CEO totalDEF 14A2026-04-090001193125-26-149727CEO total compensation as printed in Kilroy Realty Corporation's own proxy. As printed: 7,072,527. Filing ↗machine: r4 · c27 · span 996331–996340
43Beazer Homes USA, Inc., Section 10b CEO totalDEF 14A2025-12-220000915840-25-000095CEO total compensation as printed in Beazer Homes USA, Inc.'s own proxy. As printed: 6,367,213. Filing ↗machine: r2 · c24 · span 1008801–1008810
44JBG SMITH Properties, Section 10b CEO totalDEF 14A2026-03-180001104659-26-030932CEO total compensation as printed in JBG SMITH Properties's own proxy. As printed: 5,521,861. Filing ↗machine: t286 · r3 · c17 · span 1302909–1302918
45Terreno Realty Corporation, Section 10b CEO totalDEF 14A2026-03-200001193125-26-116759CEO total compensation as printed in Terreno Realty Corporation's own proxy. As printed: 5,413,998. Filing ↗machine: t94 · r2 · c23 · span 345620–345629
46LGI Homes, Inc., Section 10b CEO totalDEF 14A2026-03-130001580670-26-000030CEO total compensation as printed in LGI Homes, Inc.'s own proxy. As printed: 5,182,051. Filing ↗machine: span 563461–563470
47American Assets Trust, Inc., Section 10b CEO totalDEF 14A2026-04-100001500217-26-000023CEO total compensation as printed in American Assets Trust, Inc.'s own proxy. As printed: 4,806,038. Filing ↗machine: r5 · c54 · span 545070–545079
48Alexander & Baldwin, Inc., Section 10b CEO totalDEF 14A2025-03-110001545654-25-000011CEO total compensation as printed in Alexander & Baldwin, Inc.'s own proxy. As printed: 4,336,581. Filing ↗machine: r2 · c30 · span 672575–672584
49Forestar Group Inc., Section 10b CEO totalDEF 14A2025-12-160001628280-25-057287CEO total compensation as printed in Forestar Group Inc.'s own proxy. As printed: 4,188,576. Filing ↗machine: r6 · c48 · span 544185–544194
50Tejon Ranch Co., Section 10b CEO totalDEF 14A2026-04-030001628280-26-023519CEO total compensation as printed in Tejon Ranch Co.'s own proxy. As printed: 2,355,829. Filing ↗machine: t40 · r3 · c14 · span 701495–701504
51The St. Joe Company, Section 10b CEO totalDEF 14A2026-03-310001140361-26-012328CEO total compensation as printed in The St. Joe Company's own proxy. As printed: 1,857,798. Filing ↗machine: r2 · c18 · span 439625–439634
52Section 10a, Forestar Group Inc. reciprocityDEF 14A0001628280-25-057287Forestar Group Inc. names Five Point Holdings, LLC in its own disclosed peer group (read from its most recent proxy). Filing ↗
53Section 10a, Kilroy Realty Corporation reciprocityDEF 14A0001193125-26-149727Kilroy Realty Corporation's most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
54Section 10a, Meritage Homes Corporation reciprocityDEF 14A0000833079-26-000098Meritage Homes Corporation's most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
55Section 10a, Terreno Realty Corporation reciprocityDEF 14A0001193125-26-116759Terreno Realty Corporation's most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
56Section 10a, American Assets Trust, Inc. reciprocityDEF 14A0001500217-26-000023American Assets Trust, Inc.'s most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
57Section 10a, JBG SMITH Properties reciprocityDEF 14A0001104659-26-030932JBG SMITH Properties's most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
58Section 10a, Hovnanian Enterprises, Inc. reciprocityDEF 14A0001140361-26-004409Hovnanian Enterprises, Inc.'s most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
59Section 10a, KB Home reciprocityDEF 14A0001308179-26-000068KB Home's most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
60Section 10a, Tejon Ranch Co. reciprocityDEF 14A0001628280-26-023519Tejon Ranch Co. names Five Point Holdings, LLC in its own disclosed peer group (read from its most recent proxy). Filing ↗
61Section 10a, M/I Homes, Inc. reciprocityDEF 14A0001193125-26-150356M/I Homes, Inc.'s most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
62Section 10a, Tri Pointe Homes, Inc. reciprocityDEF 14A0001561680-26-000013Tri Pointe Homes, Inc.'s most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
63Section 10a, Alexander & Baldwin, Inc. reciprocityDEF 14A0001545654-25-000011Alexander & Baldwin, Inc.'s most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
64Section 10a, Century Communities, Inc. reciprocityDEF 14A0001140361-26-011011Century Communities, Inc.'s most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
65Section 10a, Kennedy-Wilson Holdings, Inc. reciprocityDEF 14A0000950170-25-058797Kennedy-Wilson Holdings, Inc.'s most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
66Section 10a, LGI Homes, Inc. reciprocityDEF 14A0001580670-26-000030LGI Homes, Inc.'s most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
67Section 10a, Beazer Homes USA, Inc. reciprocityDEF 14A0000915840-25-000095Beazer Homes USA, Inc.'s most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
68Section 10a, Taylor Morrison Home Corporation reciprocityDEF 14A0001140361-26-014261Taylor Morrison Home Corporation's most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗
69Section 10a, The Howard Hughes Corporation reciprocityDEF 14A0001104659-26-098808The Howard Hughes Corporation's most recent proxy was read; its disclosed peer group does not include Five Point Holdings, LLC. Filing ↗