Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-23

FrontView REIT, Inc. (FVR)

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.

$3,439,540
Stephen Preston total, FY2025
CEO pay percentile vs peers
CEO-to-median pay ratio
Say-on-pay support, latest vote
Companies that benchmark against FVR
3 companies name FVR as a compensation peer

Each company listed discloses FVR 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 FVR 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
Stephen Preston$750,000$390,000$1,907,526$392,014$3,439,540
Chief Executive Officer and President
Randall Starr370,19101,669,095000136,8662,176,152
Former Co-Chief Executive Officer and Co-President
Pierre Revol201,563250,0001,182,37244,4961,678,431
Chief Financial Officer, Treasurer, and Secretary
Drew Ireland400,000160,000286,125129,973976,098
Chief Operating Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Stephen Preston$3,439,540$5,281,924−1,842,384
Randall Starr2,176,1523,531,136−1,354,984
Pierre Revol1,678,431
Drew Ireland976,0981,127,566−151,468

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
Ernesto PerezDirector2026-05-26A5,320$0$0Derivative, Class A CommonForm 4 ↗
Noelle LeVeauxDirector2026-05-26D7,89500Derivative, Class A CommonForm 4 ↗
Noelle LeVeauxDirector2026-05-26A5,06600Derivative, Class A CommonForm 4 ↗
Charles FitzgeraldDirector2026-05-26A5,320Derivative, Class A CommonForm 4 ↗
Robert GreenDirector2026-05-26A000CommonForm 4 ↗
Robert GreenDirector2026-05-26A5,32000Derivative, Class A CommonForm 4 ↗
Elizabeth FrankDirector2026-05-26A5,320Derivative, Class A CommonForm 4 ↗
Daniel SwanstromDirector2026-05-26A7,895CommonForm 4 ↗
Daniel SwanstromDirector2026-05-26A5,320Derivative, Class A CommonForm 4 ↗
Ernesto PerezDirector2026-05-26A7,895CommonForm 4 ↗
Noelle LeVeauxDirector2026-05-26A7,895CommonForm 4 ↗
Robert GreenDirector2026-05-26A7,895CommonForm 4 ↗
Robert GreenDirector2026-05-26A000CommonForm 4 ↗
Robert GreenDirector2026-05-26D7,89500Derivative, Class A CommonForm 4 ↗
Ernesto PerezDirector2026-05-26D7,89500Derivative, Class A CommonForm 4 ↗
Elizabeth FrankDirector2026-05-26A7,895CommonForm 4 ↗
Elizabeth FrankDirector2026-05-26D7,89500Derivative, Class A CommonForm 4 ↗
Daniel SwanstromDirector2026-05-26D7,89500Derivative, Class A CommonForm 4 ↗
Charles FitzgeraldDirector2026-05-27A5,320Derivative, Class A CommonForm 4 ↗
Timothy McHughDirector2026-06-01A5,311Derivative, Class A CommonForm 4 ↗
Charles FitzgeraldDirector2026-06-15A673Derivative, Class A CommonForm 4 ↗
Timothy McHughDirector2026-06-15A251Derivative, Class A CommonForm 4 ↗
Elizabeth FrankDirector2026-06-15A807Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-06-151,5472 insiders, 2 accrual rows
Daniel SwanstromDirector2026-06-15A673Derivative, Class A CommonForm 4 ↗
Pierre RevolChief Financial Officer2026-07-21D7,46122161,754CommonForm 4 ↗
Pierre RevolChief Financial Officer2026-07-21A23,799CommonForm 4 ↗
Pierre RevolChief Financial Officer2026-07-21D23,79900Derivative, 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.

View all 29 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Ernesto PerezDirector2026-05-26A5,320$0$0Derivative, Class A CommonForm 4 ↗
Noelle LeVeauxDirector2026-05-26D7,89500Derivative, Class A CommonForm 4 ↗
Noelle LeVeauxDirector2026-05-26A5,06600Derivative, Class A CommonForm 4 ↗
Charles FitzgeraldDirector2026-05-26A5,320Derivative, Class A CommonForm 4 ↗
Robert GreenDirector2026-05-26A000CommonForm 4 ↗
Robert GreenDirector2026-05-26A5,32000Derivative, Class A CommonForm 4 ↗
Elizabeth FrankDirector2026-05-26A5,320Derivative, Class A CommonForm 4 ↗
Daniel SwanstromDirector2026-05-26A7,895CommonForm 4 ↗
Daniel SwanstromDirector2026-05-26A5,320Derivative, Class A CommonForm 4 ↗
Ernesto PerezDirector2026-05-26A7,895CommonForm 4 ↗
Noelle LeVeauxDirector2026-05-26A7,895CommonForm 4 ↗
Robert GreenDirector2026-05-26A7,895CommonForm 4 ↗
Robert GreenDirector2026-05-26A000CommonForm 4 ↗
Robert GreenDirector2026-05-26D7,89500Derivative, Class A CommonForm 4 ↗
Ernesto PerezDirector2026-05-26D7,89500Derivative, Class A CommonForm 4 ↗
Elizabeth FrankDirector2026-05-26A7,895CommonForm 4 ↗
Elizabeth FrankDirector2026-05-26D7,89500Derivative, Class A CommonForm 4 ↗
Daniel SwanstromDirector2026-05-26D7,89500Derivative, Class A CommonForm 4 ↗
Charles FitzgeraldDirector2026-05-27A5,320Derivative, Class A CommonForm 4 ↗
Timothy McHughDirector2026-06-01A5,311Derivative, Class A CommonForm 4 ↗
Charles FitzgeraldDirector2026-06-15A673Derivative, Class A CommonForm 4 ↗
Timothy McHughDirector2026-06-15A251Derivative, Class A CommonForm 4 ↗
Elizabeth FrankDirector2026-06-15A807Derivative, Class A CommonForm 4 ↗
Robert GreenDirector2026-06-15A67300Derivative, Class A CommonForm 4 ↗
Daniel SwanstromDirector2026-06-15A673Derivative, Class A CommonForm 4 ↗
Ernesto PerezDirector2026-06-15A87400Derivative, Class A CommonForm 4 ↗
Pierre RevolChief Financial Officer2026-07-21D7,46122161,754CommonForm 4 ↗
Pierre RevolChief Financial Officer2026-07-21A23,799CommonForm 4 ↗
Pierre RevolChief Financial Officer2026-07-21D23,79900Derivative, Class A CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Drew IrelandRSU2025-03-3122,371$286,125
Stephen PrestonRSU2025-03-31149,1421,907,526
Pierre RevolRSU2025-07-2195,1991,182,372
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Drew Ireland$286,125$0$00.0%
Stephen Preston1,907,526000.0%
Pierre Revol1,182,372000.0%

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

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Stephen PrestonRSU149,142$2,201,336
Stephen PrestonRSU210,5273,107,379
Drew IrelandRSU42,106621,485
Pierre RevolRSU95,1991,405,137
Drew IrelandRSU22,371330,196
05

Incentive-plan design — the Compensation Discussion & Analysis

The salaries paid to our named executive officers are intended to provide a level of compensation sufficient to attract and retain an effective management team, when considered in combination with the other components of our executive compensation program.

CEO STI target (% of salary)50%
CEO LTI target (% of salary)
Independent consultantFerguson Partners
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingTrue
07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Ernesto PerezIndependent · Audit (Chair) · Compensation$65,000$90,003$0$0$0$155,003
Elizabeth FrankIndependent · Audit · Nominating/Governance (Chair)60,00090,003000150,003
Noelle LeVeauxIndependent · Compensation (Chair) · Nominating/Governance60,00090,003000150,003
Robert GreenNot independent · Real Estate Investment50,00090,003000140,003
Daniel SwanstromIndependent · Audit · Compensation · Nominating/Governance50,00090,003000140,003
Charles FitzgeraldIndependent · Audit · Nominating/Governance · Partial-year service · Newly elected6,793006,793
Randall StarrEmployee director · Not standing for re-election · Departed during FY00000
Stephen PrestonEmployee director · Board Chair · Real Estate Investment (Chair)00000
09

Board fee structure and ownership guideline

Annual cash retainer$50,000
Annual equity retainer$90,003
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)10,000 / 10,000
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$291,793
Equity awards (grant-date value)$450,015
All other compensation$0
Total cost of the board$741,808

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
1FrontView REIT, Inc.2025Stephen Preston$750,000$1,907,526$3,439,540

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

FAQ

Frequently asked questions

Who was the highest-paid executive at FrontView REIT, Inc. in fiscal 2025?
The highest-paid executive at FrontView REIT, Inc. in fiscal 2025 was Stephen Preston, who held the title of Chief Executive Officer and President with total compensation of $3,439,540.
How does FrontView REIT, Inc.'s chief executive pay compare to its disclosed peer group?
The CEO pay percentile of disclosed peers is not disclosed in this extract.
What is FrontView REIT, Inc.'s CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio is not disclosed in this extract.
How did shareholders vote on FrontView REIT, Inc.'s executive compensation?
Shareholder support for the latest executive compensation vote is not disclosed in this extract.
How much does FrontView REIT, Inc. spend in total on board compensation for fiscal 2025?
The total board compensation for fiscal 2025 was $741,808.

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, Stephen PrestonDEF 14A2026-04-170001193125-26-161511Section “Summary Compensation Table for Fiscal Year 2025”. As printed: 3,439,540. Filing ↗machine: r2 · c21 · span 472537–472546
2Section 01, Randall StarrDEF 14A2026-04-170001193125-26-161511Section “Summary Compensation Table for Fiscal Year 2025”. As printed: 2,176,152. Filing ↗machine: r8 · c20 · span 524110–524119
3Section 01, Pierre RevolDEF 14A2026-04-170001193125-26-161511Section “Summary Compensation Table for Fiscal Year 2025”. As printed: 1,678,431. Filing ↗machine: r4 · c21 · span 489643–489652
4Section 01, Drew IrelandDEF 14A2026-04-170001193125-26-161511Section “Summary Compensation Table for Fiscal Year 2025”. As printed: 976,098. Filing ↗machine: r6 · c21 · span 506768–506775
5Section 03, Drew Ireland RSUDEF 14A2026-04-170001193125-26-161511Section “DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t13 · r5 · c6 · span 584123–584129
6Section 03, Stephen Preston RSUDEF 14A2026-04-170001193125-26-161511Section “DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t13 · r2 · c6 · span 570492–570499
7Section 03, Pierre Revol RSUDEF 14A2026-04-170001193125-26-161511Section “DIRECTOR COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t13 · r4 · c6 · span 579551–579557
8Section 07, pay ratio10-K2026-02-250001193125-26-072181Section “CEO Pay Ratio”. As printed: —. Filing ↗
9Section 08, Ernesto PerezDEF 14A2026-04-170001193125-26-161511Section “Director Compensation”. As printed: 155,003. Filing ↗machine: t7 · r6 · c15 · span 384283–384290
10Section 08, Elizabeth FrankDEF 14A2026-04-170001193125-26-161511Section “Director Compensation”. As printed: 150,003. Filing ↗machine: t7 · r3 · c15 · span 365110–365117
11Section 08, Noelle LeVeauxDEF 14A2026-04-170001193125-26-161511Section “Director Compensation”. As printed: 150,003. Filing ↗machine: t7 · r5 · c15 · span 377892–377899
12Section 08, Robert GreenDEF 14A2026-04-170001193125-26-161511Section “Director Compensation”. As printed: 140,003. Filing ↗machine: t7 · r4 · c15 · span 371500–371507
13Section 08, Daniel SwanstromDEF 14A2026-04-170001193125-26-161511Section “Director Compensation”. As printed: 140,003. Filing ↗machine: t7 · r7 · c15 · span 390677–390684
14Section 08, Charles FitzgeraldDEF 14A2026-04-170001193125-26-161511Section “Director Compensation”. As printed: 6,793. Filing ↗machine: t7 · r2 · c3 · span 354310–354315
15Section 08, Randall StarrDEF 14A2026-04-170001193125-26-161511Section “Director Compensation”. As printed: 0. Filing ↗
16Section 08, Stephen PrestonDEF 14A2026-04-170001193125-26-161511Section “Director Compensation”. As printed: 0. Filing ↗
17Section 02, Ernesto Perez 2026-05-26Form 42026-05-280000895345-26-000256Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Noelle LeVeaux 2026-05-26Form 42026-05-280000895345-26-000255Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Noelle LeVeaux 2026-05-26Form 42026-05-280000895345-26-000255Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Charles Fitzgerald 2026-05-26Form 42026-05-280000895345-26-000252Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Robert Green 2026-05-26Form 42026-05-280000895345-26-000257Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Robert Green 2026-05-26Form 42026-05-280000895345-26-000257Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Elizabeth Frank 2026-05-26Form 42026-05-280000895345-26-000254Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Daniel Swanstrom 2026-05-26Form 42026-05-280000895345-26-000253Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Daniel Swanstrom 2026-05-26Form 42026-05-280000895345-26-000253Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Ernesto Perez 2026-05-26Form 42026-05-280000895345-26-000256Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Noelle LeVeaux 2026-05-26Form 42026-05-280000895345-26-000255Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Robert Green 2026-05-26Form 42026-05-280000895345-26-000257Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Robert Green 2026-05-26Form 42026-05-280000895345-26-000257Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Robert Green 2026-05-26Form 42026-05-280000895345-26-000257Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Ernesto Perez 2026-05-26Form 42026-05-280000895345-26-000256Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Elizabeth Frank 2026-05-26Form 42026-05-280000895345-26-000254Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Elizabeth Frank 2026-05-26Form 42026-05-280000895345-26-000254Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Daniel Swanstrom 2026-05-26Form 42026-05-280000895345-26-000253Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Charles Fitzgerald 2026-05-27Form 42026-05-290000895345-26-000260Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Timothy McHugh 2026-06-01Form 42026-06-010000895345-26-000266Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Charles Fitzgerald 2026-06-15Form 42026-06-170000895345-26-000315Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Timothy McHugh 2026-06-15Form 42026-06-170000895345-26-000318Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Elizabeth Frank 2026-06-15Form 42026-06-170000895345-26-000316Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Robert Green 2026-06-15Form 42026-06-170000895345-26-000314Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Daniel Swanstrom 2026-06-15Form 42026-06-170000895345-26-000317Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Ernesto Perez 2026-06-15Form 42026-06-170000895345-26-000313Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Pierre Revol 2026-07-21Form 42026-07-230000895345-26-000333Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Pierre Revol 2026-07-21Form 42026-07-230000895345-26-000333Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Pierre Revol 2026-07-21Form 42026-07-230000895345-26-000333Insider equity transaction reported since the proxy statement. Filing ↗
46Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
47Section 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
48Section 09b board cost (computed)ComputedcomputedCash 291,793 + equity 450,015 + all other 0 = 741,808, summed across the director compensation table rows.machine: formula: Σ = 741,808
49FrontView REIT, Inc. (subject), Section 10b CEO totalDEF 14A2026-04-170001193125-26-161511CEO total compensation as printed in FrontView REIT, Inc.'s own proxy. As printed: 3,439,540. Filing ↗machine: r2 · c21 · span 472537–472546