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 |
|---|---|---|---|---|---|---|---|---|
| Raymond Pacini | $285,000 | $0 | $0 | $0 | $115,000 | $0 | $21,600 | $421,600 |
| Executive Vice President Chief Financial Officer Secretary and Treasurer | ||||||||
| John Raney | 285,000 | 0 | 0 | 0 | 115,000 | 0 | 21,600 | 421,600 |
| Chief Financial Officer, Chief Operating Officer, General Counsel, Secretary | ||||||||
| Aaron Halfacre | 250,000 | 0 | 0 | 0 | 115,000 | 0 | 21,600 | 386,600 |
| Chief Executive Officer and President | ||||||||
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 |
|---|---|---|---|---|
| Raymond Pacini | $421,600 | $545,700 | $494,050 | −124,100 |
| John Raney | 421,600 | — | — | — |
| Aaron Halfacre | 386,600 | 370,700 | 265,750 | +15,900 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2024 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 |
|---|---|---|---|---|---|---|---|---|
| Aaron Scott Halfacre | Director | 2025-05-08 | A | 1,750 | $14 | $25,358 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-05-08 | A | 250 | 14 | 3,600 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-05-14 | A | 671 | 14 | 9,575 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-05-14 | A | 1,000 | 15 | 14,590 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-05-15 | A | 24.09 | 15 | 355 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-05-15 | A | 796.23 | 14 | 11,060 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-05-15 | A | 20.76 | 14 | 287 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-05-15 | A | 92.14 | 14 | 1,275 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-06-03 | A | 3,121 | 14 | 44,006 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-06-13 | A | 43 | 14 | 606 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-06-16 | A | 828.41 | 14 | 11,399 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-06-16 | A | 30.84 | 15 | 455 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-06-16 | A | 21.11 | 14 | 289 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-06-16 | A | 93.68 | 14 | 1,284 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-06-25 | A | 100 | 14 | 1,420 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-06-25 | A | 300 | 14 | 4,275 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-06-26 | A | 129 | 14 | 1,819 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-06-27 | A | 500 | 14 | 7,050 | Common | Form 4 ↗ |
| Connie Tirondola | Director | 2025-06-30 | A | 1,065.34 | 14 | 15,000 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-06-30 | A | 1,065.34 | 14 | 15,000 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-06-30 | A | 1,065.34 | 14 | 15,000 | Common | Form 4 ↗ |
| Thomas H. Nolan, Jr. | Director | 2025-06-30 | A | 1,065.34 | 14 | 15,000 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-07-15 | A | 100.22 | 14 | 1,397 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-07-15 | A | 28.34 | 14 | 395 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-07-15 | A | 847.01 | 14 | 11,850 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-07-15 | A | 33.68 | 15 | 497 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-07-15 | A | 41.53 | 25 | 1,018 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-08-15 | A | 33.41 | 15 | 500 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-08-15 | A | 833.12 | 14 | 11,930 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-08-15 | A | 98.58 | 14 | 1,407 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-08-15 | A | 27.87 | 14 | 398 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-09-15 | A | 100.32 | 14 | 1,421 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-09-15 | A | 33.84 | 15 | 504 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-09-15 | A | 847.88 | 14 | 12,006 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-09-15 | A | 28.37 | 14 | 402 | Common | Form 4 ↗ |
| Connie Tirondola | Director | 2025-09-30 | A | 1,024.59 | 15 | 15,000 | Common | Form 4 ↗ |
| Thomas H. Nolan, Jr. | Director | 2025-09-30 | A | 1,024.59 | 15 | 15,000 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-09-30 | A | 1,024.59 | 15 | 15,000 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-09-30 | A | 1,024.59 | 15 | 15,000 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-10-15 | A | 40.68 | 25 | 1,037 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-10-15 | A | 37.13 | 14 | 505 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-10-15 | A | 889.96 | 14 | 12,095 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-10-15 | A | 112.65 | 14 | 1,531 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-10-15 | A | 34.79 | 15 | 507 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-11-14 | A | 880.43 | 14 | 12,176 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-11-14 | A | 35.55 | 14 | 510 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-11-14 | A | 111.45 | 14 | 1,541 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-11-14 | A | 36.73 | 14 | 508 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-12-15 | A | 111.59 | 14 | 1,552 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-12-15 | A | 36.78 | 14 | 512 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-12-15 | A | 34.49 | 15 | 514 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2025-12-15 | A | 881.57 | 14 | 12,263 | Common | Form 4 ↗ |
| Thomas H. Nolan, Jr. | Director | 2025-12-31 | A | 1,042.39 | 14 | 15,000 | Common | Form 4 ↗ |
| Connie Tirondola | Director | 2025-12-31 | A | 1,042.39 | 14 | 15,000 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2025-12-31 | A | 1,042.39 | 14 | 15,000 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2025-12-31 | A | 1,042.39 | 14 | 15,000 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2026-01-15 | A | 901.6 | 14 | 12,352 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2026-01-15 | A | 45.03 | 14 | 617 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2026-01-15 | A | 34.82 | 15 | 517 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2026-01-15 | A | 121.55 | 14 | 1,665 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2026-02-13 | A | 120.77 | 14 | 1,720 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2026-02-13 | A | 895.87 | 14 | 12,757 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2026-02-13 | A | 35.47 | 15 | 534 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2026-02-13 | A | 44.75 | 14 | 637 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2026-03-13 | A | 36.76 | 15 | 537 | Common | Form 4 ↗ |
| Connie Tirondola | Director | 2026-03-31 | A | 1,047.49 | 14 | 15,000 | Common | Form 4 ↗ |
| Thomas H. Nolan, Jr. | Director | 2026-03-31 | A | 1,047.49 | 14 | 15,000 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2026-03-31 | A | 1,047.49 | 14 | 15,000 | Common | Form 4 ↗ |
| Kimberly Smith | Director | 2026-03-31 | A | 1,047.49 | 14 | 15,000 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2026-04-15 | A | 43.05 | 25 | 1,075 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2026-04-15 | A | 34.56 | 16 | 541 | Common | Form 4 ↗ |
| Christopher R. Gingras | Director | 2026-05-15 | A | 29.96 | 18 | 544 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2026-06-26 | A | 4,766.25 | 18 | 83,409 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2026-06-26 | A | 1,000 | 17 | 17,450 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2026-06-30 | A | 1,333 | 18 | 23,394 | Common | Form 4 ↗ |
| Aaron Scott Halfacre | Director | 2026-06-30 | A | 2,252.74 | 17 | 38,770 | 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 | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| Aaron Halfacre | RSU | 1,645,873 | — | $29,049,658 |
The Chief Executive Officer's base salary was set below the 25th percentile of the peer group and he waived any cash bonuses for 2021 through 2023 in order to align with stockholders by agreeing that all of his incentive compensation would be in the form of equity awards during those years.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | FPL Associates, L.P. |
| Clawback policy | — |
| Anti-hedging | True |
| Anti-pledging | True |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-07-23 | 4,379,730 | 524,744 | 398,758 | 89.3% | Passed |
| 2024 | 2024-12-11 | 3,753,925 | 444,975 | 332,767 | 89.4% | Passed |
| 2023 | 2023-07-25 | 3,070,534 | 844,203 | 492,252 | 78.44% | Passed |
| 2022 | 2022-08-23 | 2,611,453 | 828,041 | 443,732 | 75.93% | 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 | 2025-07-23 | 89.3%a |
| 2024 | 2024-12-11 | 89.4%b |
| 2023 | 2023-07-25 | 78.44%c |
a. Approved under the standard stated in the filing — “Abstentions will have no effect on the determination of this proposal.”.
b. Approved under the standard stated in the filing — “Abstentions will have no effect on the determination of this proposal.”.
c. Approved under the standard stated in the filing — “Abstentions will have no effect on the determination of this 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) | 1 : 1 |
|---|---|
| CEO total compensation | $386,600 |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Thomas H. Nolan, Jr.Independent · Board Chair · Audit (Chair) · Compensation · Nominating/Governance | $40,000 | $60,000 | $0 | $0 | — | $100,000 |
| Adam S. MarkmanIndependent · Not standing for re-election | 52,500 | 47,500 | — | 0 | 100,000 | 100,000 |
| Kimberly SmithIndependent · Compensation (Chair) · Nominating/Governance (Chair) | 40,000 | 55,000 | — | 0 | 95,000 | 95,000 |
| Connie TirondolaIndependent · Audit · Nominating/Governance | 50,000 | 40,000 | — | 0 | 90,000 | 90,000 |
| Curtis B. McWilliamsIndependent · Not standing for re-election | 30,000 | 47,500 | — | 0 | 77,500 | 77,500 |
| Christopher R. GingrasIndependent · Audit · Compensation · Newly elected | — | 30,000 | — | 0 | — | 30,000 |
| Aaron S. HalfacreNot independent · Real Estate | 0 | 0 | 0 | 0 | 0 | 0 |
| Annual cash retainer | $90,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $212,500 |
| Equity awards (grant-date value) | $280,000 |
| All other compensation | $362,500 |
| Total cost of the board | $855,000 |
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 | Modiv Industrial, INC. | 2024 | Aaron Halfacre | $250,000 | $0 | $0 | $115,000 | $386,600 |
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.
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, Raymond Pacini | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “Summary Compensation Table”. As printed: 421,600. Filing ↗machine: r5 · c21 · span 218498–218505 |
| 2 | Section 01, John Raney | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “Summary Compensation Table”. As printed: 421,600. Filing ↗machine: r8 · c21 · span 229546–229553 |
| 3 | Section 01, Aaron Halfacre | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “Summary Compensation Table”. As printed: 386,600. Filing ↗machine: r2 · c21 · span 206789–206796 |
| 4 | Section 07, pay ratio | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “CEO Pay Ratio”. As printed: 1 : 1. Filing ↗ |
| 5 | Section 08, Thomas H. Nolan, Jr. | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “Director Compensation”. As printed: 100,000. Filing ↗machine: t102 · r5 · c12 · span 426280–426288 |
| 6 | Section 08, Adam S. Markman | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “Director Compensation”. As printed: 100,000. Filing ↗machine: t102 · r3 · c12 · span 421472–421480 |
| 7 | Section 08, Kimberly Smith | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “Director Compensation”. As printed: 95,000. Filing ↗machine: t102 · r6 · c12 · span 428860–428866 |
| 8 | Section 08, Connie Tirondola | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “Director Compensation”. As printed: 90,000. Filing ↗machine: t102 · r7 · c12 · span 430977–430983 |
| 9 | Section 08, Curtis B. McWilliams | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “Director Compensation”. As printed: 77,500. Filing ↗machine: t102 · r4 · c12 · span 424072–424078 |
| 10 | Section 08, Christopher R. Gingras | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “Director Compensation”. As printed: 30,000. Filing ↗machine: t102 · r2 · c6 · span 418118–418124 |
| 11 | Section 08, Aaron S. Halfacre | DEF 14A | 2025-04-30 | 0001140361-25-016451 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 12 | Section 02, Aaron Scott Halfacre 2025-05-08 | Form 4 | 2025-05-08 | 0001645873-25-000083 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 13 | Section 02, Aaron Scott Halfacre 2025-05-08 | Form 4 | 2025-05-08 | 0001645873-25-000083 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 14 | Section 02, Aaron Scott Halfacre 2025-05-14 | Form 4 | 2025-05-14 | 0001645873-25-000087 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 15 | Section 02, Christopher R. Gingras 2025-05-14 | Form 4 | 2025-05-14 | 0001645873-25-000086 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, Christopher R. Gingras 2025-05-15 | Form 4 | 2025-05-16 | 0001645873-25-000091 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, Aaron Scott Halfacre 2025-05-15 | Form 4 | 2025-05-16 | 0001645873-25-000093 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Christopher R. Gingras 2025-05-15 | Form 4 | 2025-05-16 | 0001645873-25-000091 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Kimberly Smith 2025-05-15 | Form 4 | 2025-05-16 | 0001645873-25-000090 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, Aaron Scott Halfacre 2025-06-03 | Form 4 | 2025-06-03 | 0001645873-25-000098 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Aaron Scott Halfacre 2025-06-13 | Form 4 | 2025-06-16 | 0001645873-25-000105 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Aaron Scott Halfacre 2025-06-16 | Form 4 | 2025-06-17 | 0001645873-25-000108 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Christopher R. Gingras 2025-06-16 | Form 4 | 2025-06-16 | 0001645873-25-000103 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Christopher R. Gingras 2025-06-16 | Form 4 | 2025-06-16 | 0001645873-25-000103 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Kimberly Smith 2025-06-16 | Form 4 | 2025-06-16 | 0001645873-25-000104 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Christopher R. Gingras 2025-06-25 | Form 4 | 2025-06-25 | 0001645873-25-000111 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, Christopher R. Gingras 2025-06-25 | Form 4 | 2025-06-25 | 0001645873-25-000111 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, Aaron Scott Halfacre 2025-06-26 | Form 4 | 2025-06-26 | 0001645873-25-000113 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, Aaron Scott Halfacre 2025-06-27 | Form 4 | 2025-06-27 | 0001645873-25-000115 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, Connie Tirondola 2025-06-30 | Form 4 | 2025-07-02 | 0001645873-25-000123 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Christopher R. Gingras 2025-06-30 | Form 4 | 2025-07-02 | 0001645873-25-000122 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 02, Kimberly Smith 2025-06-30 | Form 4 | 2025-07-02 | 0001645873-25-000121 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, Thomas H. Nolan, Jr. 2025-06-30 | Form 4 | 2025-07-02 | 0001645873-25-000120 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, Kimberly Smith 2025-07-15 | Form 4 | 2025-07-16 | 0001645873-25-000126 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 02, Christopher R. Gingras 2025-07-15 | Form 4 | 2025-07-16 | 0001645873-25-000127 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 36 | Section 02, Aaron Scott Halfacre 2025-07-15 | Form 4 | 2025-07-17 | 0001645873-25-000129 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 37 | Section 02, Christopher R. Gingras 2025-07-15 | Form 4 | 2025-07-16 | 0001645873-25-000127 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 38 | Section 02, Christopher R. Gingras 2025-07-15 | Form 4 | 2025-07-16 | 0001645873-25-000127 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 39 | Section 02, Christopher R. Gingras 2025-08-15 | Form 4 | 2025-08-15 | 0001645873-25-000147 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 40 | Section 02, Aaron Scott Halfacre 2025-08-15 | Form 4 | 2025-08-15 | 0001645873-25-000149 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 41 | Section 02, Kimberly Smith 2025-08-15 | Form 4 | 2025-08-15 | 0001645873-25-000152 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 42 | Section 02, Christopher R. Gingras 2025-08-15 | Form 4 | 2025-08-15 | 0001645873-25-000147 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 43 | Section 02, Kimberly Smith 2025-09-15 | Form 4 | 2025-09-18 | 0001645873-25-000161 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 44 | Section 02, Christopher R. Gingras 2025-09-15 | Form 4 | 2025-09-18 | 0001645873-25-000162 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 45 | Section 02, Aaron Scott Halfacre 2025-09-15 | Form 4 | 2025-09-18 | 0001645873-25-000163 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 46 | Section 02, Christopher R. Gingras 2025-09-15 | Form 4 | 2025-09-18 | 0001645873-25-000162 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 47 | Section 02, Connie Tirondola 2025-09-30 | Form 4 | 2025-10-01 | 0001645873-25-000172 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 48 | Section 02, Thomas H. Nolan, Jr. 2025-09-30 | Form 4 | 2025-10-01 | 0001645873-25-000173 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 49 | Section 02, Christopher R. Gingras 2025-09-30 | Form 4 | 2025-10-01 | 0001645873-25-000168 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 50 | Section 02, Kimberly Smith 2025-09-30 | Form 4 | 2025-10-01 | 0001645873-25-000174 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 51 | Section 02, Christopher R. Gingras 2025-10-15 | Form 4 | 2025-10-15 | 0001645873-25-000177 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 52 | Section 02, Christopher R. Gingras 2025-10-15 | Form 4 | 2025-10-15 | 0001645873-25-000177 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 53 | Section 02, Aaron Scott Halfacre 2025-10-15 | Form 4 | 2025-10-16 | 0001645873-25-000181 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 54 | Section 02, Kimberly Smith 2025-10-15 | Form 4 | 2025-10-15 | 0001645873-25-000178 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 55 | Section 02, Christopher R. Gingras 2025-10-15 | Form 4 | 2025-10-15 | 0001645873-25-000177 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 56 | Section 02, Aaron Scott Halfacre 2025-11-14 | Form 4 | 2025-11-17 | 0001645873-25-000203 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 57 | Section 02, Christopher R. Gingras 2025-11-14 | Form 4 | 2025-11-17 | 0001645873-25-000200 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 58 | Section 02, Kimberly Smith 2025-11-14 | Form 4 | 2025-11-17 | 0001645873-25-000201 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 59 | Section 02, Christopher R. Gingras 2025-11-14 | Form 4 | 2025-11-17 | 0001645873-25-000200 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 60 | Section 02, Kimberly Smith 2025-12-15 | Form 4 | 2025-12-15 | 0001645873-25-000209 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 61 | Section 02, Christopher R. Gingras 2025-12-15 | Form 4 | 2025-12-15 | 0001645873-25-000208 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 62 | Section 02, Christopher R. Gingras 2025-12-15 | Form 4 | 2025-12-15 | 0001645873-25-000208 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 63 | Section 02, Aaron Scott Halfacre 2025-12-15 | Form 4 | 2025-12-16 | 0001645873-25-000211 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 64 | Section 02, Thomas H. Nolan, Jr. 2025-12-31 | Form 4 | 2026-01-02 | 0001645873-26-000005 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 65 | Section 02, Connie Tirondola 2025-12-31 | Form 4 | 2026-01-02 | 0001645873-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 66 | Section 02, Kimberly Smith 2025-12-31 | Form 4 | 2026-01-02 | 0001645873-26-000007 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 67 | Section 02, Christopher R. Gingras 2025-12-31 | Form 4 | 2026-01-02 | 0001645873-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 68 | Section 02, Aaron Scott Halfacre 2026-01-15 | Form 4 | 2026-01-20 | 0001645873-26-000014 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 69 | Section 02, Christopher R. Gingras 2026-01-15 | Form 4 | 2026-01-20 | 0001645873-26-000015 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 70 | Section 02, Christopher R. Gingras 2026-01-15 | Form 4 | 2026-01-20 | 0001645873-26-000015 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 71 | Section 02, Kimberly Smith 2026-01-15 | Form 4 | 2026-01-20 | 0001645873-26-000013 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 72 | Section 02, Kimberly Smith 2026-02-13 | Form 4 | 2026-02-17 | 0001645873-26-000023 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 73 | Section 02, Aaron Scott Halfacre 2026-02-13 | Form 4 | 2026-02-17 | 0001645873-26-000025 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 74 | Section 02, Christopher R. Gingras 2026-02-13 | Form 4 | 2026-02-17 | 0001645873-26-000024 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 75 | Section 02, Christopher R. Gingras 2026-02-13 | Form 4 | 2026-02-17 | 0001645873-26-000024 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 76 | Section 02, Christopher R. Gingras 2026-03-13 | Form 4 | 2026-03-16 | 0001645873-26-000028 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 77 | Section 02, Connie Tirondola 2026-03-31 | Form 4 | 2026-04-01 | 0001645873-26-000047 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 78 | Section 02, Thomas H. Nolan, Jr. 2026-03-31 | Form 4 | 2026-04-01 | 0001645873-26-000049 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 79 | Section 02, Christopher R. Gingras 2026-03-31 | Form 4 | 2026-04-01 | 0001645873-26-000048 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 80 | Section 02, Kimberly Smith 2026-03-31 | Form 4 | 2026-04-01 | 0001645873-26-000050 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 81 | Section 02, Christopher R. Gingras 2026-04-15 | Form 4 | 2026-04-15 | 0001645873-26-000052 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 82 | Section 02, Christopher R. Gingras 2026-04-15 | Form 4 | 2026-04-15 | 0001645873-26-000052 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 83 | Section 02, Christopher R. Gingras 2026-05-15 | Form 4 | 2026-05-15 | 0001645873-26-000063 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 84 | Section 02, Aaron Scott Halfacre 2026-06-26 | Form 4 | 2026-06-29 | 0001645873-26-000069 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 85 | Section 02, Aaron Scott Halfacre 2026-06-26 | Form 4 | 2026-06-29 | 0001645873-26-000069 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 86 | Section 02, Aaron Scott Halfacre 2026-06-30 | Form 4 | 2026-07-01 | 0001645873-26-000071 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 87 | Section 02, Aaron Scott Halfacre 2026-06-30 | Form 4 | 2026-07-01 | 0001645873-26-000071 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 88 | Section 06, 2025 vote | Form 8-K | 2025-07-25 | 0001645873-25-000132 | Item 5.07 · say-on-pay result. As reported: 89.3% (votes for as printed: 4,379,730). Filing ↗ |
| 89 | Section 06, 2024 vote | Form 8-K | 2024-12-11 | 0001645873-24-000184 | Item 5.07 · say-on-pay result. As reported: 89.4% (votes for as printed: 3,753,925). Filing ↗ |
| 90 | Section 06, 2023 vote | Form 8-K | 2023-07-27 | 0001140361-23-036452 | Item 5.07 · say-on-pay result. As reported: 78.44% (votes for as printed: 3,070,534). Filing ↗ |
| 91 | Section 01 trend, Δ column (computed) | Computed | — | computed | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 92 | Section 09b board cost (computed) | Computed | — | computed | Cash 212,500 + equity 280,000 + all other 362,500 = 855,000, summed across the director compensation table rows.machine: formula: Σ = 855,000 |
| 93 | Modiv Industrial, INC. (subject), Section 10b CEO total | DEF 14A | 2025-04-30 | 0001140361-25-016451 | CEO total compensation as printed in Modiv Industrial, INC.'s own proxy. As printed: 386,600. Filing ↗machine: r2 · c21 · span 206789–206796 |