Fiscal year 2024 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.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Robert Schottenstein | $1,100,000 | $0 | $4,960,938 | $0 | $4,537,500 | $0 | $345,196 | $10,943,634 |
| Chairman, Chief Executive Officer and President | ||||||||
| Phillip Creek | 750,000 | 250,000 | 2,088,229 | 0 | 2,062,500 | 0 | 101,689 | 5,252,418 |
| Executive Vice President and Chief Financial Officer | ||||||||
| Susan Krohne | 475,000 | 0 | 449,898 | 0 | 627,000 | 0 | 14,574 | 1,566,472 |
| Senior Vice President, Chief Legal Officer and Secretary | ||||||||
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 | FY2024 total | FY2023 total | FY2022 total | Δ FY2023→2024 |
|---|---|---|---|---|
| Robert Schottenstein | $10,943,634 | — | — | — |
| Phillip Creek | 5,252,418 | — | — | — |
| Susan Krohne | 1,566,472 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Susan Krohne | — | 2024-02-15 | — | — | 3,609 | — | $449,898 |
Grant-level vehicle detail not disclosed.
% 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 |
|---|---|---|---|---|
| Robert Schottenstein | Option | 72,000 | 47.59 | — |
| Robert Schottenstein | Option | 40,000 | 51.82 | — |
| Phillip Creek | Option | 22,000 | 51.82 | — |
| Phillip Creek | Option | 11,000 | 42.23 | — |
| Robert Schottenstein | PSU | 33,070 | — | 4,396,657 |
| Susan Krohne | RSU | 3,609 | — | 479,817 |
| Phillip Creek | PSU | 15,029 | — | 1,998,106 |
| Phillip Creek | RSU | 12,032 | — | 1,599,654 |
| Robert Schottenstein | RSU | 24,065 | — | 3,199,442 |
| Phillip Creek | Option | 39,000 | 47.59 | — |
| Robert Schottenstein | Option | 20,000 | 42.23 | — |
| Robert Schottenstein | Option | 96,000 | 58.73 | — |
| Phillip Creek | Option | 52,000 | 58.73 | — |
| Susan Krohne | Option | 5,000 | 63.4 | — |
| Susan Krohne | Option | 14,000 | 58.73 | — |
| Susan Krohne | Option | 9,000 | 47.59 | — |
We design our executive compensation program to promote the following philosophy and objectives: Attract and Retain. Compensation should be competitive with the compensation programs of our Peer Group to ensure that we attract and retain exceptional executives. Motivate. Compensation should motivate our executives to perform at the highest level and achieve our financial and strategic goals without encouraging excessive risk-taking. Align Interests. Compensation should align the interests of our executives and our shareholders with the goal of creating long-term shareholder value. Reward Performance. Compensation should depend on, and reward executives on the basis of, individual and Company short- and long-term performance and thereby foster a pay-for-performance culture.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Willis Towers Watson |
| Clawback policy | true |
| Anti-hedging | True |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-05-14 | 18,225,768 | 3,455,369 | 75,166 | 83.77% | Passed |
| 2024 | 2024-05-13 | 21,944,456 | 2,237,364 | 9,190 | 90.71% | Passed |
| 2023 | 2023-05-10 | 20,059,782 | 2,416,313 | 19,497 | 89.17% | Passed |
| 2022 | 2022-05-12 | 21,791,421 | 1,932,059 | 74,170 | 91.57% | Passed |
| 2021 | 2021-05-11 | 23,185,368 | 2,014,005 | 56,087 | 91.8% | Passed |
| 2020 | 2020-05-11 | 24,485,741 | 1,245,587 | 21,040 | 95.08% | 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.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2025 | 2025-05-14 | 83.77%a |
| 2024 | 2024-05-13 | 90.71%b |
| 2023 | 2023-05-10 | 89.17%c |
a. Approved under the standard stated in the filing — “abstentions have the same effect as a vote against the proposal.”.
b. Approved under the standard stated in the filing — “abstentions have the same effect as a vote against the proposal.”.
c. Approved under the standard stated in the filing — “abstentions have the same effect as a vote against the proposal.”.
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.
| Ratio (CEO : median employee) | 96 : 1 |
|---|---|
| CEO total compensation | $10,943,634 |
| Median employee compensation | $113,632 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Bruce A. SollIndependent · Lead Independent Director | $115,000 | $199,879 | — | $0 | — | $314,879 |
| Michael P. GlimcherIndependent · Audit (Chair) | 110,000 | 199,879 | — | 0 | — | 309,879 |
| Norman L. TraegerIndependent · Compensation · Audit | 95,000 | 199,879 | — | 0 | — | 294,879 |
| Friedrich K.M. BöhmIndependent · Compensation (Chair) · Audit · Not standing for re-election · Departed during FY | 95,000 | 199,879 | 0 | 0 | 0 | 294,879 |
| Elizabeth K. IngramIndependent · Compensation | 75,000 | 199,879 | — | 0 | — | 274,879 |
| Nancy J. KramerIndependent · Audit | 75,000 | 199,879 | — | 0 | — | 274,879 |
| Kumi D. WalkerIndependent | 75,000 | 199,879 | — | 0 | — | 274,879 |
| Phillip G. CreekEmployee director · Executive | 0 | 0 | 0 | — | 0 | 0 |
| Yvette McGee BrownIndependent · Newly elected | 0 | 0 | 0 | 0 | 0 | 0 |
| Robert H. SchottensteinEmployee director · Board Chair · Executive (Chairman) | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | — |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $640,000 |
| Equity awards (grant-date value) | $1,399,153 |
| All other compensation | $0 |
| Total cost of the board | $2,039,153 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.
Of the companies Sekisui House U.S. 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 Sekisui House U.S..
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 | Lennar Corporation | 2025 | Stuart Miller | $1,000,000 | $25,743,051 | $0 | $2,766,481 | $29,527,931 |
| 2 | D.R. Horton, Inc. | 2025 | Paul Romanowski | 700,000 | 20,684,523 | 0 | 3,554,927 | 25,128,033 |
| 3 | PulteGroup, Inc. | 2025 | Ryan Marshall | 1,000,000 | 9,074,953 | 0 | 5,278,452 | 15,393,266 |
| 4 | Toll Brothers, Inc. | 2025 | Douglas Yearley | 1,200,000 | 7,040,854 | 0 | 6,746,836 | 15,319,865 |
| 5 | Hovnanian Enterprises, Inc. | 2025 | Ara Hovnanian | 1,154,423 | 7,093,554 | 0 | 4,885,147 | 13,654,756 |
| 6 | Sekisui House U.S. | 2024 | Robert Schottenstein | 1,100,000 | 4,960,938 | 0 | 4,537,500 | 10,943,634 |
| 7 | Taylor Morrison Home Corporation | 2025 | Sheryl Palmer | 1,075,000 | 5,599,957 | 1,399,987 | 1,548,000 | 10,075,397 |
| 8 | Tri-Pointe Group, Inc. | 2025 | Douglas Bauer | 1,000,000 | 5,999,981 | 0 | 1,635,000 | 8,677,081 |
| 9 | Century Communities, Inc. | 2025 | Robert J. Francescon | 1,000,000 | 4,622,119 | 0 | 2,784,003 | 8,510,773 |
| 10 | Meritage Homes Corporation | 2025 | Phillippe Lord | 1,000,000 | 5,697,085 | 0 | 1,352,000 | 8,114,286 |
| 11 | KB Home | 2025 | Robert McGibney | 912,500 | 3,499,975 | 0 | 2,826,839 | 7,311,553 |
| 12 | Beazer Homes USA, Inc. | 2025 | Allan Merrill | 1,064,525 | 3,278,492 | 0 | 1,211,280 | 6,367,213 |
| 13 | LGI Homes, Inc. | 2025 | Eric Lipar | 975,000 | 4,143,842 | 0 | 0 | 5,182,051 |
| 14 | NVR, Inc. | 2025 | Eugene Bredow | 1,437,500 | 0 | 0 | 287,427 | 1,748,227 |
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.
| Company | Annual incentive payout | Long-term vehicle mix | PSU measures include TSR | Compensation consultant |
|---|---|---|---|---|
| Sekisui House U.S. | 412.0% | not disclosed | No | Willis Towers Watson |
| Beazer Homes USA, Inc. | not disclosed | PSU 40 · Cash LTI 30 · RSU 30 | No | Pearl Meyer |
| Century Communities, Inc. | 94% | PSU 100 | No | WealthPoint |
| D.R. Horton, Inc. | not disclosed | not disclosed | Yes — Relative TSR Performance | Meridian Compensation Partners |
| Hovnanian Enterprises, Inc. | not disclosed | not disclosed | No | FW Cook |
| KB Home | not disclosed | PSU 100 | No | FW Cook |
| Lennar Corporation | not disclosed | PSU 70 · RSU 30 | Yes | FW Cook |
| LGI Homes, Inc. | not disclosed | PSU 80 · RSU 20 | No | Meridian Compensation Partners LLC |
| Meritage Homes Corporation | 41.6% | PSU 50 · RSU 50 | No | Pearl Meyer |
| NVR, Inc. | 20% | Options 100 | not disclosed | Mercer Consulting |
| PulteGroup, Inc. | 84% | PSU 60 · RSU 40 | Yes — Relative TSR | Semler Brossy |
| Taylor Morrison Home Corporation | 183% | PSU 40 · RSU 40 · Options 20 | No | Semler Brossy Consulting Group, LLC |
| Toll Brothers, Inc. | 105.8% | PSU 50 · RSU 50 | No | Compensation Advisory Partners LLC |
| Tri-Pointe Group, Inc. | 65.4% | PSU 60 · RSU 40 | No | Exequity |
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.
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, Robert Schottenstein | DEF 14A | 2025-04-10 | 0001193125-25-077385 | Section “Summary Compensation Table for 2024”. As printed: 10,943,634. Filing ↗machine: span 413885–413895 |
| 2 | Section 01, Phillip Creek | DEF 14A | 2025-04-10 | 0001193125-25-077385 | Section “Summary Compensation Table for 2024”. As printed: 5,252,418. Filing ↗machine: span 421354–421363 |
| 3 | Section 01, Susan Krohne | DEF 14A | 2025-04-10 | 0001193125-25-077385 | Section “Summary Compensation Table for 2024”. As printed: 1,566,472. Filing ↗machine: span 509182–509189 |
| 4 | Section 03, Susan Krohne | DEF 14A | — | 0001193125-25-077385 | Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t146 · r8 · c15 · span 428020–428027 |
| 5 | Section 07, pay ratio | DEF 14A | — | 0001193125-25-077385 | Section “CEO Pay Ratio”. As printed: 96 : 1.machine: span 971416–971418 |
| 6 | Section 08, Bruce A. Soll | DEF 14A | 2025-04-03 | 0001104659-25-031692 | Section “Director Compensation”. As printed: 314,879. Filing ↗machine: t218 · r6 · c11 · span 770706–770713 |
| 7 | Section 08, Michael P. Glimcher | DEF 14A | 2025-04-03 | 0001104659-25-031692 | Section “Director Compensation”. As printed: 309,879. Filing ↗machine: t218 · r3 · c11 · span 767785–767792 |
| 8 | Section 08, Norman L. Traeger | DEF 14A | 2025-04-03 | 0001104659-25-031692 | Section “Director Compensation”. As printed: 294,879. Filing ↗machine: t218 · r7 · c11 · span 771664–771671 |
| 9 | Section 08, Friedrich K.M. Böhm | DEF 14A | 2025-04-03 | 0001104659-25-031692 | Section “Director Compensation”. As printed: 294,879. Filing ↗machine: t218 · r2 · c11 · span 766824–766831 |
| 10 | Section 08, Elizabeth K. Ingram | DEF 14A | 2025-04-03 | 0001104659-25-031692 | Section “Director Compensation”. As printed: 274,879. Filing ↗machine: t218 · r4 · c11 · span 768770–768777 |
| 11 | Section 08, Nancy J. Kramer | DEF 14A | 2025-04-03 | 0001104659-25-031692 | Section “Director Compensation”. As printed: 274,879. Filing ↗machine: t218 · r5 · c11 · span 769726–769733 |
| 12 | Section 08, Kumi D. Walker | DEF 14A | 2025-04-03 | 0001104659-25-031692 | Section “Director Compensation”. As printed: 274,879. Filing ↗machine: t218 · r8 · c11 · span 773067–773074 |
| 13 | Section 08, Phillip G. Creek | DEF 14A | 2025-04-03 | 0001104659-25-031692 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 08, Yvette McGee Brown | DEF 14A | 2025-04-03 | 0001104659-25-031692 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 08, Robert H. Schottenstein | DEF 14A | 2025-04-03 | 0001104659-25-031692 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 16 | Section 06, 2025 vote | Form 8-K | 2025-05-14 | 0000799292-25-000037 | Item 5.07 · say-on-pay result. As reported: 83.77% (votes for as printed: 18,225,768). Filing ↗ |
| 17 | Section 06, 2024 vote | Form 8-K | 2024-05-13 | 0000799292-24-000045 | Item 5.07 · say-on-pay result. As reported: 90.71% (votes for as printed: 21,944,456). Filing ↗ |
| 18 | Section 06, 2023 vote | Form 8-K | 2023-05-10 | 0000799292-23-000062 | Item 5.07 · say-on-pay result. As reported: 89.17% (votes for as printed: 20,059,782). Filing ↗ |
| 19 | Section 09b board cost (computed) | Computed | — | computed | Cash 640,000 + equity 1,399,153 + all other 0 = 2,039,153, summed across the director compensation table rows.machine: formula: Σ = 2,039,153 |
| 20 | Lennar Corporation, Section 10b CEO total | DEF 14A | 2026-02-26 | 0001193125-26-073504 | CEO total compensation as printed in Lennar Corporation's own proxy. As printed: 29,527,931. Filing ↗machine: r2 · c27 · span 875885–875895 |
| 21 | D.R. Horton, Inc., Section 10b CEO total | DEF 14A | 2025-12-10 | 0000882184-25-000114 | CEO total compensation as printed in D.R. Horton, Inc.'s own proxy. As printed: 25,128,033. Filing ↗machine: r5 · c8 · span 1929672–1929682 |
| 22 | PulteGroup, Inc., Section 10b CEO total | DEF 14A | 2026-03-13 | 0000822416-26-000016 | CEO total compensation as printed in PulteGroup, Inc.'s own proxy. As printed: 15,393,266. Filing ↗machine: r3 · c27 · span 1079633–1079644 |
| 23 | Toll Brothers, Inc., Section 10b CEO total | DEF 14A | 2026-01-29 | 0000794170-26-000037 | CEO total compensation as printed in Toll Brothers, Inc.'s own proxy. As printed: 15,319,865. Filing ↗machine: r3 · c48 · span 601186–601196 |
| 24 | Hovnanian Enterprises, Inc., Section 10b CEO total | DEF 14A | 2026-02-09 | 0001140361-26-004409 | CEO total compensation as printed in Hovnanian Enterprises, Inc.'s own proxy. As printed: 13,654,756. Filing ↗machine: r4 · c9 · span 793663–793673 |
| 25 | Sekisui House U.S. (subject), Section 10b CEO total | DEF 14A | 2025-04-10 | 0001193125-25-077385 | CEO total compensation as printed in Sekisui House U.S.'s own proxy. As printed: 10,943,634. Filing ↗machine: span 413885–413895 |
| 26 | Taylor Morrison Home Corporation, Section 10b CEO total | DEF 14A | 2026-04-10 | 0001140361-26-014261 | CEO 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 |
| 27 | Tri-Pointe Group, Inc., Section 10b CEO total | DEF 14A | 2026-03-06 | 0001561680-26-000013 | CEO total compensation as printed in Tri-Pointe Group, Inc.'s own proxy. As printed: 8,677,081. Filing ↗machine: r2 · c48 · span 551025–551034 |
| 28 | Century Communities, Inc., Section 10b CEO total | DEF 14A | 2026-03-25 | 0001140361-26-011011 | CEO total compensation as printed in Century Communities, Inc.'s own proxy. As printed: 8,510,773. Filing ↗machine: t194 · r4 · c14 · span 1089521–1089530 |
| 29 | Meritage Homes Corporation, Section 10b CEO total | DEF 14A | 2026-04-07 | 0000833079-26-000098 | CEO total compensation as printed in Meritage Homes Corporation's own proxy. As printed: 8,114,286. Filing ↗machine: t119 · r2 · c19 · span 828485–828494 |
| 30 | KB Home, Section 10b CEO total | DEF 14A | 2026-03-13 | 0001308179-26-000068 | CEO total compensation as printed in KB Home's own proxy. As printed: 7,311,553. Filing ↗machine: t157 · r7 · c14 · span 1740061–1740070 |
| 31 | Beazer Homes USA, Inc., Section 10b CEO total | DEF 14A | 2025-12-22 | 0000915840-25-000095 | CEO total compensation as printed in Beazer Homes USA, Inc.'s own proxy. As printed: 6,367,213. Filing ↗machine: r2 · c24 · span 1008801–1008810 |
| 32 | LGI Homes, Inc., Section 10b CEO total | DEF 14A | 2026-03-13 | 0001580670-26-000030 | CEO total compensation as printed in LGI Homes, Inc.'s own proxy. As printed: 5,182,051. Filing ↗machine: span 563461–563470 |
| 33 | NVR, Inc., Section 10b CEO total | DEF 14A | 2026-03-17 | 0000906163-26-000029 | CEO total compensation as printed in NVR, Inc.'s own proxy. As printed: 1,748,227. Filing ↗machine: span 499110–499119 |
| 34 | Section 10a, NVR, Inc. reciprocity | DEF 14A | — | 0000906163-26-000029 | NVR, Inc.'s most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 35 | Section 10a, Beazer Homes USA, Inc. reciprocity | DEF 14A | — | 0000915840-25-000095 | Beazer Homes USA, Inc.'s most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 36 | Section 10a, D.R. Horton, Inc. reciprocity | DEF 14A | — | 0000882184-25-000114 | D.R. Horton, Inc.'s most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 37 | Section 10a, Meritage Homes Corporation reciprocity | DEF 14A | — | 0000833079-26-000098 | Meritage Homes Corporation's most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 38 | Section 10a, Tri-Pointe Group, Inc. reciprocity | DEF 14A | — | 0001561680-26-000013 | Tri-Pointe Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 39 | Section 10a, KB Home reciprocity | DEF 14A | — | 0001308179-26-000068 | KB Home's most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 40 | Section 10a, Century Communities, Inc. reciprocity | DEF 14A | — | 0001140361-26-011011 | Century Communities, Inc.'s most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 41 | Section 10a, Hovnanian Enterprises, Inc. reciprocity | DEF 14A | — | 0001140361-26-004409 | Hovnanian Enterprises, Inc.'s most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 42 | Section 10a, LGI Homes, Inc. reciprocity | DEF 14A | — | 0001580670-26-000030 | LGI Homes, Inc.'s most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 43 | Section 10a, PulteGroup, Inc. reciprocity | DEF 14A | — | 0000822416-26-000016 | PulteGroup, Inc.'s most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 44 | Section 10a, Taylor Morrison Home Corporation reciprocity | DEF 14A | — | 0001140361-26-014261 | Taylor Morrison Home Corporation's most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 45 | Section 10a, Lennar Corporation reciprocity | DEF 14A | — | 0001193125-26-073504 | Lennar Corporation's most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |
| 46 | Section 10a, Toll Brothers, Inc. reciprocity | DEF 14A | — | 0000794170-26-000037 | Toll Brothers, Inc.'s most recent proxy was read; its disclosed peer group does not include Sekisui House U.S.. Filing ↗ |