CEO John Ho was paid $2,512,652 in fiscal year 2023, ↓ down 61.0% from fiscal year 2022 (SEC filing 0001308179-24-000557 ↗): 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.
$2,512,652 ↓ John Ho total, FY2023 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | — Say-on-pay support, latest vote |
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| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| John Ho | $800,000 | $0 | $0 | $0 | $1,692,000 | $0 | $20,652 | $2,512,652 |
| Chief Executive Officer | ||||||||
| Michael Forsum | 800,000 | 0 | 0 | 0 | 1,692,000 | 0 | 14,313 | 2,506,313 |
| President and Chief Operating Officer | ||||||||
| Christopher Porter | 470,000 | 0 | 299,582 | 0 | 522,000 | 0 | 17,380 | 1,308,962 |
| Chief Financial 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.
| Named executive officer | FY2023 total | FY2022 total | FY2021 total | Δ FY2022→2023 |
|---|---|---|---|---|
| John Ho | $2,512,652 | $6,446,934 | — | ↓ −3,934,282 |
| Michael Forsum | 2,506,313 | 6,630,790 | — | ↓ −4,124,477 |
| Christopher Porter | 1,308,962 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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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.
| Executive | Role | FY2023 total |
|---|---|---|
| Christopher Porter | CFO | $1,308,962 |
| John Ho | CEO | $2,512,652 |
| Michael Forsum | President | $2,506,313 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2023 total |
|---|---|---|
| Bruce Frank | Lead Independent Director | $345,435 |
| Elias Farhat | Independent Director | $291,436 |
| Ming (Martin) Tian | Chair of the Board | $200,000 |
| Mollie Fadule | Independent Director | $296,435 |
| Qin (Joanna) Zhou | Independent Director | $317,769 |
| Robert Miller | Former director (through FY2023) | $134,427 |
| Susan Lattmann | Former director (through FY2023) | $136,262 |
| Thomas Hartfield | Independent Director | $312,435 |
Every insider equity transaction reported on Form 4 after the 2023 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Rajinder Singh | Director | 2024-12-30 | A | 7,153 | $0 | $0 | RSU | Form 4 ↗ |
| Susan Lattmann | Director | 2025-02-04 | A | 5,888 | 0 | 0 | RSU | Form 4 ↗ |
| John Ho | Director | 2025-03-15 | D | 24,457 | 7 | 174,868 | Common | Form 4 ↗ |
| Michael Forsum | President and COO | 2025-03-15 | D | 27,285 | 7 | 195,088 | Common | Form 4 ↗ |
| Catharine Kelly Rentzel | General Counsel | 2025-03-20 | A | 12,048 | 0 | 0 | RSU | Form 4 ↗ |
| Michael Forsum | President and COO | 2025-03-20 | A | 144,578 | 0 | 0 | RSU | Form 4 ↗ |
| Christopher Porter | Chief Financial Officer | 2025-03-20 | A | 24,096 | 0 | 0 | RSU | Form 4 ↗ |
| John Ho | Director | 2025-03-20 | A | 144,578 | 0 | 0 | RSU | Form 4 ↗ |
| Christopher Porter | Chief Financial Officer | 2025-04-06 | D | 2,154 | 6 | 13,463 | Common | Form 4 ↗ |
| John Ho | Director | 2025-05-29 | D | 11,018 | 11 | 124,173 | Common | Form 4 ↗ |
| Michael Forsum | President and COO | 2025-05-29 | D | 12,278 | 11 | 138,373 | Common | Form 4 ↗ |
| Mollie Fadule | Director | 2025-05-30 | D | 1,770 | 0 | 0 | Common | Form 4 ↗ |
| Mollie Fadule | Director | 2025-05-30 | D | 5,000 | 0 | 0 | Common | Form 4 ↗ |
| Thomas Hartfield | Director | 2025-06-11 | D | 800 | 0 | 0 | Common | Form 4 ↗ |
| Michael Forsum | Chief Operating Officer | 2025-06-24 | D | 406,715 | 11 | 4,595,880 | Common | Form 4 ↗ |
| Mollie Fadule | Director | 2025-06-24 | D | 78,101 | 11 | 882,541 | Common | Form 4 ↗ |
| Susan Lattmann | Director | 2025-06-24 | D | 14,566 | 11 | 164,596 | Common | Form 4 ↗ |
| Thomas Hartfield | Director | 2025-06-24 | D | 58,381 | 11 | 659,705 | Common | Form 4 ↗ |
| Elias Farhat | Director | 2025-06-24 | D | 272,685 | 11 | 3,081,341 | Common | Form 4 ↗ |
| John Ho | Director | 2025-06-24 | D | 25,082 | 11 | 283,427 | Common | Form 4 ↗ |
| John Ho | Director | 2025-06-24 | D | 428,673 | 11 | 4,844,005 | Common | Form 4 ↗ |
| Bruce Frank | Director | 2025-06-24 | D | 48,405 | 11 | 546,977 | Common | Form 4 ↗ |
| Christopher Porter | Chief Financial Officer | 2025-06-24 | D | 66,597 | 11 | 752,546 | Common | Form 4 ↗ |
| Catharine Kelly Rentzel | General Counsel | 2025-06-24 | D | 1,034 | 11 | 11,684 | Common | Form 4 ↗ |
| Michael Forsum | Chief Operating Officer | 2025-06-25 | D | 200,578 | — | — | Common | Form 4 ↗ |
| Susan Lattmann | Director | 2025-06-25 | D | 5,888 | — | — | Common | Form 4 ↗ |
| Catharine Kelly Rentzel | General Counsel | 2025-06-25 | D | 16,971 | — | — | Common | Form 4 ↗ |
| Rajinder Singh | Director | 2025-06-25 | D | 7,153 | — | — | Common | Form 4 ↗ |
| John Ho | Director | 2025-06-25 | D | 200,578 | — | — | Common | Form 4 ↗ |
| Christopher Porter | Chief Financial Officer | 2025-06-25 | D | 39,434 | — | — | Common | Form 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.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Christopher Porter | PSU | — | — | — | — | — | $299,582 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Christopher Porter | $0 | $299,582 | $0 | 100.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Christopher Porter | RSU | 18,802 | — | $247,058 |
| Michael Forsum | RSU | 19,858 | — | 260,934 |
| Christopher Porter | RSU | 9,346 | — | 122,806 |
| John Ho | RSU | 124,309 | — | 1,633,420 |
| Michael Forsum | RSU | 124,309 | — | 1,633,420 |
| John Ho | RSU | 250,000 | — | 3,285,000 |
| Michael Forsum | RSU | 250,000 | — | 3,285,000 |
| John Ho | RSU | 21,986 | — | 288,896 |
| Christopher Porter | RSU | 12,535 | — | 164,710 |
| Christopher Porter | RSU | 10,514 | — | 138,154 |
The goal of the Company's executive compensation program is to be competitive in order to attract and retain our executive officers while linking a significant portion of cash compensation to performance objectives and providing a portion of executive compensation as long-term incentive compensation in the form of equity awards.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Pearl Meyer |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Bruce FrankIndependent · Lead Independent Director · Audit (Chair) · Compensation · Nominating and Governance | $134,000 | $211,435 | $0 | — | $0 | $345,435 |
| Qin (Joanna) ZhouIndependent · Nominating and Governance (Chair) · Executive Land | 106,334 | 211,435 | 0 | — | 0 | 317,769 |
| Thomas HartfieldIndependent · Compensation (Chair) · Nominating and Governance · Executive Land · ESG | 101,000 | 211,435 | 0 | — | 0 | 312,435 |
| Mollie FaduleIndependent · Audit · Nominating and Governance · Executive Land | 85,000 | 211,435 | 0 | — | 0 | 296,435 |
| Elias FarhatIndependent · Audit · Compensation · ESG | 80,001 | 211,435 | 0 | — | 0 | 291,436 |
| Ming (Martin) TianIndependent · Board Chair · Compensation · Nominating and Governance | 200,000 | — | 0 | — | 0 | 200,000 |
| Susan LattmannIndependent · Departed during FY | 41,000 | 95,262 | 0 | — | 0 | 136,262 |
| Robert MillerIndependent · Departed during FY | 39,165 | 95,262 | 0 | — | 0 | 134,427 |
| John HoEmployee director · Executive Land (Chair) · ESG (Chair) | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $70,000 |
|---|---|
| Annual equity retainer | $115,000 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 10,000 / 8,000 / 6,000 |
| Stock ownership guideline | — |
| Component | FY2023 |
|---|---|
| Cash retainers and fees | $786,500 |
| Equity awards (grant-date value) | $1,247,699 |
| All other compensation | $0 |
| Total cost of the board | $2,034,199 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
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 | Landsea Homes | 2023 | John Ho | $800,000 | $0 | $0 | $1,692,000 | $2,512,652 |
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.
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.
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.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, John Ho | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Summary Compensation Table” · page 29. As printed: 2,512,652. Filing ↗machine: span 507078–507087 |
| 2 | Section 01, Michael Forsum | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Summary Compensation Table” · page 29. As printed: 2,506,313. Filing ↗machine: span 513892–513901 |
| 3 | Section 01, Christopher Porter | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Summary Compensation Table” · page 29. As printed: 1,308,962. Filing ↗machine: span 522708–522717 |
| 4 | Section 03, Christopher Porter PSU | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “ALL OTHER COMPENSATION (” · grants of plan-based awards table. Filing ↗machine: t112 · r6 · c10 · span 521337–521344 |
| 5 | Section 08, Bruce Frank | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Director Compensation”. As printed: 345,435. Filing ↗machine: t46 · r3 · c8 · span 335391–335456 |
| 6 | Section 08, Qin (Joanna) Zhou | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Director Compensation”. As printed: 317,769. Filing ↗machine: r8 · c8 · span 344859–344924 |
| 7 | Section 08, Thomas Hartfield | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Director Compensation”. As printed: 312,435. Filing ↗machine: t46 · r4 · c8 · span 337255–337320 |
| 8 | Section 08, Mollie Fadule | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Director Compensation”. As printed: 296,435. Filing ↗machine: t46 · r2 · c8 · span 333532–333597 |
| 9 | Section 08, Elias Farhat | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Director Compensation”. As printed: 291,436. Filing ↗machine: t46 · r1 · c8 · span 331672–331737 |
| 10 | Section 08, Ming (Martin) Tian | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Director Compensation”. As printed: 200,000. Filing ↗machine: r7 · c3 · span 342038–342103 |
| 11 | Section 08, Susan Lattmann | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Director Compensation”. As printed: 136,262. Filing ↗machine: t46 · r5 · c8 · span 339203–339268 |
| 12 | Section 08, Robert Miller | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Director Compensation”. As printed: 134,427. Filing ↗machine: t46 · r6 · c8 · span 341150–341215 |
| 13 | Section 08, John Ho | DEF 14A | 2024-04-24 | 0001308179-24-000557 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 02, Rajinder Singh 2024-12-30 | Form 4 | 2025-01-06 | 0001731122-25-000013 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 15 | Section 02, Susan Lattmann 2025-02-04 | Form 4 | 2025-02-05 | 0001731122-25-000169 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, John Ho 2025-03-15 | Form 4 | 2025-03-18 | 0000950170-25-041256 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, Michael Forsum 2025-03-15 | Form 4 | 2025-03-18 | 0000950170-25-041259 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Catharine Kelly Rentzel 2025-03-20 | Form 4 | 2025-03-24 | 0000950170-25-043890 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Michael Forsum 2025-03-20 | Form 4 | 2025-03-24 | 0000950170-25-043891 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Christopher Porter 2025-03-20 | Form 4 | 2025-03-24 | 0000950170-25-043888 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, John Ho 2025-03-20 | Form 4 | 2025-03-24 | 0000950170-25-043889 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Christopher Porter 2025-04-06 | Form 4 | 2025-04-08 | 0000950170-25-052297 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, John Ho 2025-05-29 | Form 4 | 2025-06-02 | 0000950170-25-080306 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Michael Forsum 2025-05-29 | Form 4 | 2025-06-02 | 0000950170-25-080307 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Mollie Fadule 2025-05-30 | Form 4 | 2025-06-03 | 0000950170-25-080989 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Mollie Fadule 2025-05-30 | Form 4 | 2025-06-03 | 0000950170-25-080989 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, Thomas Hartfield 2025-06-11 | Form 4 | 2025-06-13 | 0000950170-25-086322 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, Michael Forsum 2025-06-24 | Form 4 | 2025-06-25 | 0001140361-25-023693 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, Mollie Fadule 2025-06-24 | Form 4 | 2025-06-25 | 0001140361-25-023694 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, Susan Lattmann 2025-06-24 | Form 4 | 2025-06-25 | 0001140361-25-023696 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Thomas Hartfield 2025-06-24 | Form 4 | 2025-06-25 | 0001140361-25-023697 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 02, Elias Farhat 2025-06-24 | Form 4 | 2025-06-25 | 0001140361-25-023690 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, John Ho 2025-06-24 | Form 4 | 2025-06-25 | 0001140361-25-023691 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, John Ho 2025-06-24 | Form 4 | 2025-06-25 | 0001140361-25-023691 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Bruce Frank 2025-06-24 | Form 4 | 2025-06-25 | 0001140361-25-023688 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 02, Christopher Porter 2025-06-24 | Form 4 | 2025-06-25 | 0001140361-25-023689 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 37 | Section 02, Catharine Kelly Rentzel 2025-06-24 | Form 4 | 2025-06-25 | 0001140361-25-023692 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 38 | Section 02, Michael Forsum 2025-06-25 | Form 4 | 2025-06-25 | 0001140361-25-023693 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 39 | Section 02, Susan Lattmann 2025-06-25 | Form 4 | 2025-06-25 | 0001140361-25-023696 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 40 | Section 02, Catharine Kelly Rentzel 2025-06-25 | Form 4 | 2025-06-25 | 0001140361-25-023692 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 41 | Section 02, Rajinder Singh 2025-06-25 | Form 4 | 2025-06-25 | 0001140361-25-023695 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 42 | Section 02, John Ho 2025-06-25 | Form 4 | 2025-06-25 | 0001140361-25-023691 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 43 | Section 02, Christopher Porter 2025-06-25 | Form 4 | 2025-06-25 | 0001140361-25-023689 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 44 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 45 | Section 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 |
| 46 | Section 09b board cost (computed) | Computed | — | — | Cash 786,500 + equity 1,247,699 + all other 0 = 2,034,199, summed across the director compensation table rows.machine: formula: Σ = 2,034,199 |
| 47 | Landsea Homes (subject), Section 10b CEO total | DEF 14A | 2024-04-24 | 0001308179-24-000557 | CEO total compensation as printed in Landsea Homes's own proxy. As printed: 2,512,652. Filing ↗machine: span 507078–507087 |
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