Companies Generation Income Properties
Generation Income Properties (GIPR): executive pay, fiscal 2024
Free brief. Every figure links to the company’s own filing.
Email me Generation Income Properties’s executive pay brief as a PDF
It arrives in about 2 minutes, with every figure cited to its filing.
After the PDF, up to three short notes on the deeper reports for this company. Reply “unsubscribe” to any of them, any time.
CEO pay, last three years
- $720,159FY2023
- $717,856FY2024
CEO total pay was $717,856 in fiscal 2024, down from $720,159 in fiscal 2023.
FY2024: salary $200,000 · bonus $70,000 · stock awards $35,800 · option awards $0
Full detail
Every table from the filing. Open any section.
Summary compensation table
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| David Sobelman | $200,000 | $70,000 | $35,800 | $0 | $0 | $0 | $412,056 | $717,856 |
| President and CEO | ||||||||
| Ron Cook | 240,000 | 0 | 0 | 0 | 0 | 0 | 0 | 240,000 |
| Vice President of Accounting | ||||||||
| Allison Davies | — | — | — | — | — | — | — | — |
| Former CFO | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
Three-year trend — total compensation per named executive
| Named executive officer | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| David Sobelman | $717,856 | $720,159 | — | ↓ −2,303 |
| Ron Cook | 240,000 | 26,000 | — | ↑ +214,000 |
| Allison Davies | — | 360,159 | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Incentive-plan design — the Compensation Discussion & Analysis
The Company's equity award program is designed to align the interests of executives and directors with those of stockholders by ensuring that a significant portion of their net worth is tied to the performance of the Company's stock. The Compensation Committee considers risk in connection with the design of compensation programs for executives.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
Equity grants and outstanding awards
No plan-based awards are on file for this fiscal year.
Outstanding equity awards at fiscal year-end 2024
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| David Sobelman | RSU | 333,912 | — | $6 |
| Owned | RSU | 226,100 | — | 4 |
| Owned | RSU | 206,000 | — | 3 |
| David Sobelman | RSU | 196,584 | — | 3 |
Director compensation
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Gena ChengIndependent · Audit · Compensation · Nominating and Corporate Governance | $0 | $50,000 | — | — | — | $50,000 |
| Stuart EisenbergIndependent · Audit (Chair) · Nominating and Corporate Governance | 0 | 50,000 | — | — | — | 50,000 |
| Benjamin AdamsIndependent · Lead Independent Director · Compensation (Chair) | 0 | 50,000 | — | — | — | 50,000 |
| Betsy PeckIndependent | 0 | 50,000 | — | — | — | 50,000 |
| Patrick QuiltyIndependent · Audit · Compensation · Nominating and Corporate Governance (Chair) | 0 | 50,000 | — | — | — | 50,000 |
Board fee structure and ownership guideline
| Annual cash retainer | $0 |
|---|---|
| Annual equity retainer | $50,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
Total cost of the board
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $0 |
| Equity awards (grant-date value) | $250,000 |
| All other compensation | $0 |
| Total cost of the board | $250,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Peer group, and who names Generation Income Properties as a peer
Companies that benchmark against GIPR
No companies currently name GIPR as a compensation peer in their most recent disclosure.
This is the complete answer, not a partial one — the list is never padded.
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.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Generation Income Properties | 2024 | David Sobelman | $200,000 | $35,800 | $0 | $0 | $717,856 |
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.
Say-on-pay history and pay ratio
No say-on-pay vote is on file for this company.
Insider trades since the proxy
No insider equity transactions reported since the proxy statement.
Sources (11 citations)
Each figure is listed with the filing it comes from, where it appears in that filing, and the value as printed. Any figure can be independently confirmed against the source.
- Section 01, David Sobelman. DEF 14A, filed 2025-11-07. Section “Executive Compensation”. As printed: 717,856. View filing ↗
- Section 01, Ron Cook. DEF 14A, filed 2025-11-07. Section “Executive Compensation”. As printed: 240,000. View filing ↗
- Section 01, Allison Davies. DEF 14A, filed 2025-11-07. Section “Executive Compensation”. As printed: —. View filing ↗
- Section 08, Gena Cheng. DEF 14A, filed 2025-11-07. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Stuart Eisenberg. DEF 14A, filed 2025-11-07. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Benjamin Adams. DEF 14A, filed 2025-11-07. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Betsy Peck. DEF 14A, filed 2025-11-07. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 08, Patrick Quilty. DEF 14A, filed 2025-11-07. Section “Director Compensation”. As printed: 50,000. View filing ↗
- Section 01 trend, Δ column (computed). Computed. Δ = current-FY total − prior-FY total per named officer.
- Section 09b board cost (computed). Computed. Cash 0 + equity 250,000 + all other 0 = 250,000, summed across the director compensation table rows.
- Generation Income Properties (subject), Section 10b CEO total. DEF 14A, filed 2025-11-07. CEO total compensation as printed in Generation Income Properties's own proxy. As printed: 717,856. View filing ↗
Track every company like this one
Velarion Pro: every company and person, custom peer sets, exports and alerts. $1,200/year.