Velarion · Company Intelligence
Compensation Brief
Fiscal year 2022 · Filings through 2026-04-17

Hersha Hospitality Trust (HT)

CEO Jay Shah was paid $4,379,778 in fiscal year 2022, ↓ down 21.8% from fiscal year 2021, the 1st percentile of its disclosed peer group (SEC filing 0001063344-23-000048 ↗): 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.

$4,379,778 ↓
Jay Shah total, FY2022
1st
CEO pay percentile vs peers
26:1
CEO-to-median pay ratio
98.46%
Say-on-pay support, latest vote

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01

Summary Compensation Table — fiscal year 2022

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jay Shah$820,000$0$3,553,943$0$0$0$5,835$4,379,778
Chief Executive Officer
Neil Shah800,00003,467,26400027,4874,294,751
President and Chief Operating Officer
Ashish Parikh610,00002,176,61000031,7152,818,325
Chief Financial Officer
Michael Gillespie365,0000869,45400026,7251,261,179
Chief Accounting Officer
Hasu Shah275,0000495,2220004,196774,418
Chairman of the Board of Trustees

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 officerFY2022 totalFY2021 totalFY2020 totalΔ FY2021→2022
Jay Shah$4,379,778$5,598,935$2,977,427↓ −1,219,157
Neil Shah4,294,7515,478,3222,922,763↓ −1,183,571
Ashish Parikh2,818,3253,109,1301,790,716↓ −290,805
Michael Gillespie1,261,1791,412,583942,340↓ −151,404
Hasu Shah774,4181,158,744654,233↓ −384,326

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

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Companies that benchmark against HT
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01b

Executives — the chief executive

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2022 total
Hasu ShahExecutive$774,418
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2022 total
Dianna F. MorganIndependent Director$246,273
Donald J. LandryLead Independent Director$307,780
Jackson HsiehIndependent Director$320,282
Jay H. ShahChair of the Board$6
John M. SabinIndependent Director$284,773
Michael A. LevenIndependent Director$259,526
Neil H. ShahDirector$1
Thomas J. Hutchison IIIIndependent Director$347,755
02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2022 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Neil H. ShahPresident and COO2023-11-28D208,054$0$0Derivative, Class A CommonForm 4 ↗
Neil H. ShahPresident and COO2023-11-28D114,33400Derivative, Class A CommonForm 4 ↗
Neil H. ShahPresident and COO2023-11-28D78,73600Derivative, Class A CommonForm 4 ↗
Neil H. ShahPresident and COO2023-11-28D2,175,61300Derivative, Class A CommonForm 4 ↗
Neil H. ShahPresident and COO2023-11-28D25,000——CommonForm 4 ↗
Neil H. ShahPresident and COO2023-11-28D1,800——CommonForm 4 ↗
Jay H. ShahDirector2023-11-28D182,57400Derivative, Class A CommonForm 4 ↗
Jay H. ShahDirector2023-11-28D132,91700Derivative, Class A CommonForm 4 ↗
Jay H. ShahDirector2023-11-28D89,88900Derivative, Class A CommonForm 4 ↗
Jay H. ShahDirector2023-11-28D2,299,25000Derivative, Class A CommonForm 4 ↗
Jay H. ShahDirector2023-11-28D900——CommonForm 4 ↗
Jay H. ShahDirector2023-11-28D25,000——CommonForm 4 ↗
Jay H. ShahDirector2023-11-28D1,900——CommonForm 4 ↗
Jay H. ShahDirector2023-11-28D78,640——Common, indirectForm 4 ↗
Jay H. ShahDirector2023-11-28D514,415——CommonForm 4 ↗
Ashish ParikhChief Financial Officer2023-11-28D805,67300Derivative, Class A CommonForm 4 ↗
Neil H. ShahPresident and COO2023-11-28D75,000——Common, indirectForm 4 ↗
Michael A. LevenDirector2023-11-28D45,000——CommonForm 4 ↗
Michael A. LevenDirector2023-11-28D148,054——CommonForm 4 ↗
Donald J. LandryDirector2023-11-28D2,250——CommonForm 4 ↗
Donald J. LandryDirector2023-11-28D194,771——CommonForm 4 ↗
John M. SabinDirector2023-11-28D125,254——CommonForm 4 ↗
Ashish ParikhChief Financial Officer2023-11-28D301,001——CommonForm 4 ↗
Thomas J. Hutchison IIIDirector2023-11-28D194,084——CommonForm 4 ↗
Jackson HsiehDirector2023-11-28D166,815——CommonForm 4 ↗
Michael GillespieChief Accounting Officer2023-11-28D511,20000Derivative, Class A CommonForm 4 ↗
Neil H. ShahPresident and COO2023-11-28D558,811——CommonForm 4 ↗
Dianna F. MorganDirector2023-11-28D115,377——CommonForm 4 ↗
David L. DesforTreasurer & Corp. Secretary2023-11-28D52,97600Derivative, Class A CommonForm 4 ↗
David L. DesforTreasurer & Corp. Secretary2023-11-28D5,700——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 2022

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Ashish Parikh—2022-05-06————$1,411,894
Jay H. Shah—2022-05-06————2,102,353
Michael Gillespie—2022-05-06————649,867
Hasu P. Shah—2022-05-06——154,000—191,655
Neil H. Shah—2022-05-06————2,051,076
Ashish ParikhPSU2022-05-061,372,5001,921,500—2,333,2501,411,894
Jay H. ShahPSU2022-05-062,214,0002,767,500—3,505,5002,102,353
Jay H. ShahRSU2022-05-06——606,800—755,145
Ashish ParikhPSU2020-08-03139,000164,250—189,5000
Hasu P. ShahPSU2022-05-06371,250433,125—495,000303,567
Neil H. ShahPSU2020-08-03310,000358,500—407,0000
Hasu P. ShahRSU2022-05-06——154,000—191,655
Michael GillespiePSU2020-08-0330,25051,750—64,7500
Jay H. ShahPSU2022-05-06590,400682,650—774,900696,445
Michael GillespieRSU2022-05-06——87,600—109,024
Michael GillespiePSU2022-05-06657,000903,375—1,067,625649,867
Ashish ParikhRSU2022-05-06——317,200—394,751
Hasu P. ShahPSU2022-05-06142,200173,250—210,6000
Neil H. ShahPSU2022-05-062,160,0002,700,000—3,420,0002,051,076
Michael GillespiePSU2022-05-0657,60098,550—123,300110,563
Ashish ParikhPSU2022-05-06301,950356,850—411,750369,965
Hasu P. ShahPSU2020-08-0375,50092,000—111,5000
Jay H. ShahPSU2020-08-03318,000367,750—417,5000
Neil H. ShahPSU2022-05-06576,000666,000—756,000679,459
Neil H. ShahRSU2022-05-06——592,000—736,729
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Ashish Parikh$394,751$1,781,859$081.9%
Jay H. Shah755,1452,798,798078.8%
Michael Gillespie109,024760,430087.5%
Hasu P. Shah191,655303,567061.3%
Neil H. Shah736,7292,730,535078.8%

% 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 2022

ExecutiveAwardShares unvestedExercise priceMarket value unvested
ShahRSU1—$5,350,598
Michael GillespieRSU1—5,350,598
Ashish ParikhRSU1—4,507,371
05

Incentive-plan design — the Compensation Discussion & Analysis

The Company's compensation philosophy is designed to attract, retain, and motivate experienced executives by closely aligning their interests with shareholders through performance-based pay. A significant portion of compensation is at-risk and tied to quantitative metrics such as AFFO, EBITDA, and Total Shareholder Return, with a strong emphasis on equity ownership to mitigate risk and drive long-term value.

CEO STI target (% of salary)—
CEO LTI target (% of salary)—
Independent consultantFPC
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingtrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-05-2519,624,637307,12080,75198.46%Passed
20222022-05-2613,437,7307,767,07742,70163.37%Passed
20212021-05-2722,005,5411,587,29160,42593.27%Passed
20202020-05-2824,496,0661,980,91376,10692.52%Passed
20192019-05-3030,659,4761,785,33670,41194.5%Passed
20182018-06-0118,221,53611,841,94966,39060.61%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
20232023-05-2598.46%a
20222022-05-2663.37%b
20212021-05-2793.27%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “For the proposal to approve, on an advisory basis, the compensation of the Company's named executive officers and for the proposal to ratify the appointment of KPMG as the Company's independent auditors for the fiscal year ending December 31, 2022, you may vote "for," "against" or "abstain." For purposes of the election of trustees, the advisory vote on the compensation of the Company's NEOs and the ratification of the appointment of the auditors votes, abstentions and broker non-votes, if any, will not be counted as votes cast and will have no effect on the result of the vote.”.

c. Approved under the standard stated in the filing — “For the proposal to approve, on an advisory basis, the compensation of the Company's named executive officers, the proposal to approve an amendment to the Hersha Hospitality Trust 2012 Equity Incentive Plan, and for the proposal to ratify the appointment of KPMG as the Company's independent auditors for the fiscal year ending December 31, 2021, you may vote "for," "against" or "abstain." For purposes of the election of trustees, the advisory vote on the compensation of the Company's NEOs and the ratification of the appointment of the auditors votes, abstentions and broker non-votes, if any, will not be counted as votes cast and will have no effect on the result of the vote.”.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)26 : 1
CEO total compensation—
Median employee compensation—
08

Director compensation — fiscal year 2022

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Thomas J. Hutchison IIIIndependent · Compensation (Chair) · Acquisition · Audit · Risk & ESG Sub-Committee$39,393$308,362———$347,755
Jackson HsiehIndependent · Acquisition · Audit · Compensation · Nominating & Corporate Governance39,393280,889———320,282
Donald J. LandryIndependent · Lead Independent Director · Acquisition (Chair) · Audit · Risk & ESG Sub-Committee · Nominating & Corporate Governance78,393229,387———307,780
John M. SabinIndependent · Audit (Chair) · Acquisition · Compensation · Nominating & Corporate Governance156,501128,272———284,773
Michael A. LevenIndependent · Nominating & Corporate Governance (Chair) · Acquisition · Compensation80,697178,829———259,526
Dianna F. MorganIndependent · Risk & ESG Sub-Committee (Chair) · Audit · Compensation · Nominating & Corporate Governance118,001128,272———246,273
Jay H. ShahEmployee director · Board Chair———9—6
Neil H. ShahEmployee director000701
09

Board fee structure and ownership guideline

Annual cash retainer$65,000
Annual equity retainer$90,000
Per board meeting fee—
Committee chair fees (audit / comp / nom-gov)20,000 / 20,000 / 15,000
Stock ownership guideline5x annual retainer ($325,000)
09b

Total cost of the board

ComponentFY2022
Cash retainers and fees$512,378
Equity awards (grant-date value)$1,254,011
All other compensation$0
Total cost of the board$1,766,389

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

10

Disclosed peer group — fiscal year 2022

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 Hersha Hospitality Trust 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 Hersha Hospitality Trust.

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
1RLJ Lodging Trust2025Leslie Hale$882,000$6,900,250$0$1,622,116$9,460,014
2Xenia Hotels & Resorts, Inc.2025Marcel Verbaas900,0004,264,49001,863,1387,048,188
3Pebblebrook Hotel Trust2025Jon Bortz840,0003,592,19302,085,0006,589,254
4DiamondRock Hospitality Company2025Jeffrey Donnelly750,0004,086,87701,582,2816,433,158
5Summit Hotel Properties, Inc.2025Jonathan Stanner800,0003,747,7000900,0005,461,700
6Chatham Lodging Trust2025Jeffrey Fisher670,0002,854,16801,082,0005,222,872
7Apple Hospitality REIT, Inc.2025Justin Knight660,5913,800,5780419,0625,075,148
8Sunstone Hotel Investors, Inc.2025Bryan Giglia700,0002,755,9930948,2814,516,098
9Hersha Hospitality Trust2022Jay Shah820,0003,553,943004,379,778

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
Hersha Hospitality Trustnot disclosedPRSU 60 · RSU 40not disclosedFPC
Apple Hospitality REIT, Inc.49.4%RSU 75 · Cash LTI 25NoFPC
Chatham Lodging Trust92%LTIP Units 100Yes — Relative TSR vs. Lodging/Resort REIT constituents of the FTSE Nareit All REITs IndexFerguson Partners Consulting L.P.
DiamondRock Hospitality Company141%PSU 60 · RSU 40NoFrederic W. Cook & Co., Inc.
Pebblebrook Hotel Trust150%PSU 60 · LTIP Units 40Yes — Relative TSR Objectivenot disclosed
RLJ Lodging Trust105.1%RSU 50 · PSU 50Yes — Relative TSRFerguson Partners
Summit Hotel Properties, Inc.75%PSU 60 · RSU 40Yes — Relative Total Shareholder Return (TSR) percentile rank vs. Dow Jones U.S. Hotel IndexFW Cook
Sunstone Hotel Investors, Inc.not disclosedPSU 75 · RSU 25Yes — Relative Total Stockholder Return (RTSR) vs FTSE Nareit Lodging/Resorts Index (over $500 Million Market Cap)Ferguson Partners Consulting (FPC)
Xenia Hotels & Resorts, Inc.207%not disclosedYes — Absolute TSRFPC

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.

10d

Frequently asked questions

Who was the highest-paid executive at Hersha Hospitality Trust in fiscal 2022?
As disclosed, Jay Shah (Chief Executive Officer) was the highest-paid executive at Hersha Hospitality Trust in fiscal 2022, with total compensation of $4,379,778.
How does Hersha Hospitality Trust's chief executive pay compare to its disclosed peer group?
As disclosed, Jay Shah's total compensation ranked at the 1st percentile of Hersha Hospitality Trust's disclosed peer group.
What is Hersha Hospitality Trust's CEO-to-median employee pay ratio?
As disclosed, Hersha Hospitality Trust's CEO-to-median employee pay ratio was 26:1.
How did shareholders vote on Hersha Hospitality Trust's executive compensation?
As disclosed, 98.46% of shareholders supported Hersha Hospitality Trust's executive compensation in the latest say-on-pay vote.
How much does Hersha Hospitality Trust spend in total on board compensation for fiscal 2022?
As disclosed, Hersha Hospitality Trust reported total board compensation of $1,766,389 for fiscal 2022.

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, Jay ShahDEF 14A2023-04-130001063344-23-000048Section “Summary Compensation Table for 2022”. As printed: 4,379,778. Filing ↗machine: span 681919–681928
2Section 01, Neil ShahDEF 14A2023-04-130001063344-23-000048Section “Summary Compensation Table for 2022”. As printed: 4,294,751. Filing ↗machine: span 691640–691649
3Section 01, Ashish ParikhDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation”. As printed: 2,818,325. Filing ↗machine: span 701381–701390
4Section 01, Michael GillespieDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation”. As printed: 1,261,179. Filing ↗machine: span 711110–711119
5Section 01, Hasu ShahDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation”. As printed: 774,418. Filing ↗machine: span 672198–672205
6Section 03, Ashish Parikh DEF 14A2023-04-130001063344-23-000048Section “Grants of Plan-Based Awards Table for 2022” · grants of plan-based awards table. Filing ↗machine: t38 · r20 · c20 · span 778714–778723
7Section 03, Jay H. Shah DEF 14A2023-04-130001063344-23-000048Section “Grants of Plan-Based Awards Table for 2022” · grants of plan-based awards table. Filing ↗machine: t38 · r10 · c18 · span 752194–752203
8Section 03, Michael Gillespie DEF 14A2023-04-130001063344-23-000048Section “Grants of Plan-Based Awards Table for 2022” · grants of plan-based awards table. Filing ↗machine: t38 · r25 · c21 · span 791644–791651
9Section 03, Hasu P. Shah DEF 14A2023-04-130001063344-23-000048Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t38 · r7 · c20 · span 744343–744350
10Section 03, Neil H. Shah DEF 14A2023-04-130001063344-23-000048Section “Grants of Plan-Based Awards Table for 2022” · grants of plan-based awards table. Filing ↗machine: t38 · r15 · c18 · span 765452–765461
11Section 03, Ashish Parikh PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 778714–778723
12Section 03, Jay H. Shah PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 752194–752203
13Section 03, Jay H. Shah RSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 757598–757605
14Section 03, Ashish Parikh PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 785551–785558
15Section 03, Hasu P. Shah PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 738717–738724
16Section 03, Neil H. Shah PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 772621–772628
17Section 03, Hasu P. Shah RSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 744343–744350
18Section 03, Michael Gillespie PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 799023–799029
19Section 03, Jay H. Shah PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
20Section 03, Michael Gillespie RSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 797043–797050
21Section 03, Michael Gillespie PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 791644–791651
22Section 03, Ashish Parikh RSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 783678–783685
23Section 03, Hasu P. Shah PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 740698–740705
24Section 03, Neil H. Shah PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 765452–765461
25Section 03, Michael Gillespie PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
26Section 03, Ashish Parikh PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
27Section 03, Hasu P. Shah PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 746323–746329
28Section 03, Jay H. Shah PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 759579–759586
29Section 03, Neil H. Shah PSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
30Section 03, Neil H. Shah RSUDEF 14A2023-04-130001063344-23-000048Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 770640–770647
31Section 07, pay ratioDEF 14A2023-04-130001063344-23-000048Section “CEO Pay Ratio”. As printed: 26 : 1. Filing ↗machine: span 983229–983231
32Section 08, Thomas J. Hutchison IIIDEF 14A2023-04-130001063344-23-000048Section “Director Compensation”. As printed: 347,755. Filing ↗machine: span 328088–328217
33Section 08, Jackson HsiehDEF 14A2023-04-130001063344-23-000048Section “Director Compensation”. As printed: 320,282. Filing ↗machine: span 326813–326942
34Section 08, Donald J. LandryDEF 14A2023-04-130001063344-23-000048Section “Director Compensation”. As printed: 307,780. Filing ↗machine: span 329556–329685
35Section 08, John M. SabinDEF 14A2023-04-130001063344-23-000048Section “Director Compensation”. As printed: 284,773. Filing ↗machine: span 333684–333813
36Section 08, Michael A. LevenDEF 14A2023-04-130001063344-23-000048Section “Director Compensation”. As printed: 259,526. Filing ↗machine: span 330824–330953
37Section 08, Dianna F. MorganDEF 14A2023-04-130001063344-23-000048Section “Director Compensation”. As printed: 246,273. Filing ↗machine: span 332293–332422
38Section 08, Jay H. ShahDEF 14A2023-04-130001063344-23-000048Section “Director Compensation”. As printed: 6. Filing ↗
39Section 08, Neil H. ShahDEF 14A2023-04-130001063344-23-000048Section “Director Compensation”. As printed: 1. Filing ↗
40Section 02, Neil H. Shah 2023-11-28Form 42023-11-280000950170-23-066426Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Neil H. Shah 2023-11-28Form 42023-11-280000950170-23-066426Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Neil H. Shah 2023-11-28Form 42023-11-280000950170-23-066426Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Neil H. Shah 2023-11-28Form 42023-11-280000950170-23-066426Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Neil H. Shah 2023-11-28Form 42023-11-280000950170-23-066426Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Neil H. Shah 2023-11-28Form 42023-11-280000950170-23-066426Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Jay H. Shah 2023-11-28Form 42023-11-280000950170-23-066420Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Jay H. Shah 2023-11-28Form 42023-11-280000950170-23-066420Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Jay H. Shah 2023-11-28Form 42023-11-280000950170-23-066420Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Jay H. Shah 2023-11-28Form 42023-11-280000950170-23-066420Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Jay H. Shah 2023-11-28Form 42023-11-280000950170-23-066420Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Jay H. Shah 2023-11-28Form 42023-11-280000950170-23-066420Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Jay H. Shah 2023-11-28Form 42023-11-280000950170-23-066420Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Jay H. Shah 2023-11-28Form 42023-11-280000950170-23-066420Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Jay H. Shah 2023-11-28Form 42023-11-280000950170-23-066420Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Ashish Parikh 2023-11-28Form 42023-11-280000950170-23-066424Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Neil H. Shah 2023-11-28Form 42023-11-280000950170-23-066426Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Michael A. Leven 2023-11-28Form 42023-11-280000950170-23-066430Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Michael A. Leven 2023-11-28Form 42023-11-280000950170-23-066430Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Donald J. Landry 2023-11-28Form 42023-11-280000950170-23-066427Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Donald J. Landry 2023-11-28Form 42023-11-280000950170-23-066427Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, John M. Sabin 2023-11-28Form 42023-11-280000950170-23-066421Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Ashish Parikh 2023-11-28Form 42023-11-280000950170-23-066424Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Thomas J. Hutchison III 2023-11-28Form 42023-11-280000950170-23-066422Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Jackson Hsieh 2023-11-28Form 42023-11-280000950170-23-066423Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, Michael Gillespie 2023-11-28Form 42023-11-280000950170-23-066425Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Neil H. Shah 2023-11-28Form 42023-11-280000950170-23-066426Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Dianna F. Morgan 2023-11-28Form 42023-11-280000950170-23-066429Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, David L. Desfor 2023-11-28Form 42023-11-280000950170-23-066428Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, David L. Desfor 2023-11-28Form 42023-11-280000950170-23-066428Insider equity transaction reported since the proxy statement. Filing ↗
70Section 06, 2023 voteForm 8-K2023-05-260001063344-23-000080Item 5.07 · say-on-pay result. As reported: 98.46% (votes for as printed: 19,624,637). Filing ↗
71Section 06, 2022 voteForm 8-K2022-05-270001063344-22-000065Item 5.07 · say-on-pay result. As reported: 63.37% (votes for as printed: 13,437,730). Filing ↗
72Section 06, 2021 voteForm 8-K2021-06-010001063344-21-000066Item 5.07 · say-on-pay result. As reported: 93.27%. Filing ↗
73Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
74Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
75Section 09b board cost (computed)Computed——Cash 512,378 + equity 1,254,011 + all other 0 = 1,766,389, summed across the director compensation table rows.machine: formula: Σ = 1,766,389
76RLJ Lodging Trust, Section 10b CEO totalDEF 14A2026-03-230001104659-26-033293CEO total compensation as printed in RLJ Lodging Trust's own proxy. As printed: 9,460,014. Filing ↗machine: t103 · r4 · c36 · span 1609030–1609039
77Xenia Hotels & Resorts, Inc., Section 10b CEO totalDEF 14A2026-03-310001628280-26-022425CEO total compensation as printed in Xenia Hotels & Resorts, Inc.'s own proxy. As printed: 7,048,188. Filing ↗machine: span 682839–682848
78Pebblebrook Hotel Trust, Section 10b CEO totalDEF 14A2026-04-170001474098-26-000030CEO total compensation as printed in Pebblebrook Hotel Trust's own proxy. As printed: 6,589,254. Filing ↗
79DiamondRock Hospitality Company, Section 10b CEO totalDEF 14A2026-03-160001298946-26-000019CEO total compensation as printed in DiamondRock Hospitality Company's own proxy. As printed: 6,433,158. Filing ↗machine: r3 · c21 · span 748955–748964
80Summit Hotel Properties, Inc., Section 10b CEO totalDEF 14A2026-04-010001497645-26-000031CEO total compensation as printed in Summit Hotel Properties, Inc.'s own proxy. As printed: 5,461,700. Filing ↗machine: r2 · c36 · span 470625–470634
81Chatham Lodging Trust, Section 10b CEO totalDEF 14A2026-03-310001437749-26-010650CEO total compensation as printed in Chatham Lodging Trust's own proxy. As printed: 5,222,872. Filing ↗machine: span 588604–588614
82Apple Hospitality REIT, Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140145CEO total compensation as printed in Apple Hospitality REIT, Inc.'s own proxy. As printed: 5,075,148. Filing ↗machine: t94 · r2 · c19 · span 1074682–1074691
83Sunstone Hotel Investors, Inc., Section 10b CEO totalDEF 14A2026-03-180001104659-26-031060CEO total compensation as printed in Sunstone Hotel Investors, Inc.'s own proxy. As printed: 4,516,098. Filing ↗machine: t176 · r5 · c12 · span 1215367–1215376
84Hersha Hospitality Trust (subject), Section 10b CEO totalDEF 14A2023-04-130001063344-23-000048CEO total compensation as printed in Hersha Hospitality Trust's own proxy. As printed: 4,379,778. Filing ↗machine: span 681919–681928
85Section 10a, Apple Hospitality REIT, Inc. reciprocityDEF 14A—0001193125-26-140145Apple Hospitality REIT, Inc.'s most recent proxy was read; its disclosed peer group does not include Hersha Hospitality Trust. Filing ↗
86Section 10a, Chatham Lodging Trust reciprocityDEF 14A—0001437749-26-010650Chatham Lodging Trust's most recent proxy was read; its disclosed peer group does not include Hersha Hospitality Trust. Filing ↗
87Section 10a, DiamondRock Hospitality Company reciprocityDEF 14A—0001298946-26-000019DiamondRock Hospitality Company's most recent proxy was read; its disclosed peer group does not include Hersha Hospitality Trust. Filing ↗
88Section 10a, Pebblebrook Hotel Trust reciprocityDEF 14A—0001474098-26-000030Pebblebrook Hotel Trust's most recent proxy was read; its disclosed peer group does not include Hersha Hospitality Trust. Filing ↗
89Section 10a, RLJ Lodging Trust reciprocityDEF 14A—0001104659-26-033293RLJ Lodging Trust's most recent proxy was read; its disclosed peer group does not include Hersha Hospitality Trust. Filing ↗
90Section 10a, Summit Hotel Properties, Inc. reciprocityDEF 14A—0001497645-26-000031Summit Hotel Properties, Inc.'s most recent proxy was read; its disclosed peer group does not include Hersha Hospitality Trust. Filing ↗
91Section 10a, Sunstone Hotel Investors, Inc. reciprocityDEF 14A—0001104659-26-031060Sunstone Hotel Investors, Inc. names Hersha Hospitality Trust in its own disclosed peer group (read from its most recent proxy). Filing ↗
92Section 10a, Xenia Hotels & Resorts, Inc. reciprocityDEF 14A—0001628280-26-022425Xenia Hotels & Resorts, Inc.'s most recent proxy was read; its disclosed peer group does not include Hersha Hospitality Trust. Filing ↗

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How this page was built: the Hersha Hospitality Trust filed document, accession 0001063344-23-000048. Every figure is read from that document and cited to the page and table it appears in. Filed April 13, 2023.

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Compensation topics — plain-English guides to executive and board pay, benchmarking, the CEO pay ratio, and say-on-pay. Every live product and its price is on the pricing page.