CEO Eric Gatoff was paid $1,694,216 in fiscal year 2025, ↑ up 17.6% from fiscal year 2024 (SEC filing 0001104659-25-070823 ↗): 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.
$1,694,216 ↑ Eric Gatoff total, FY2025 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | 76.46% 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 |
|---|---|---|---|---|---|---|---|---|
| Eric Gatoff | $625,000 | $1,000,000 | $0 | $0 | $0 | $0 | $69,216 | $1,694,216 |
| Chief Executive Officer | ||||||||
| Howard Lorber | 1,000,000 | 0 | 0 | 0 | 0 | 0 | 24,787 | 1,024,787 |
| Executive Chairman of the Board | ||||||||
| Robert Steinberg | 325,000 | 200,000 | 0 | 0 | 0 | 0 | 23,509 | 548,509 |
| Vice President – Finance, Chief Financial Officer, Treasurer 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 | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Eric Gatoff | $1,694,216 | $1,440,087 | $1,844,372 | ↑ +254,129 |
| Howard Lorber | 1,024,787 | 2,022,680 | 4,395,442 | ↓ −997,893 |
| Robert Steinberg | 548,509 | 425,402 | 403,033 | ↑ +123,107 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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Each company listed discloses NATH in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named NATH in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
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 | FY2025 total |
|---|---|---|
| Eric Gatoff | CEO | $1,694,216 |
| Robert Steinberg | CFO | $548,509 |
| Howard Lorber | Executive | $1,024,787 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| A.F. Petrocelli | Independent Director | $267,050 |
| Andrew Levine | Independent Director | $268,050 |
| Barry Leistner | Independent Director | $274,050 |
| Brian S. Genson | Independent Director | $277,050 |
| Charles Raich | Independent Director | $268,050 |
| Joanne Podell | Independent Director | $120,350 |
| Robert J. Eide | Independent Director | $277,050 |
| Wayne Norbitz | Independent Director | $267,050 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| Howard Lorber | RSA | 2012-12-01 | — | — | 50,000 | — | — |
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 |
|---|---|---|---|---|
| Eric Gatoff | PSU | 637,019 | — | $15,592,461 |
| Eric Gatoff | PSU | 625,000 | — | 15,298,269 |
| Eric Gatoff | PSU | 602,668 | — | 14,751,644 |
| Eric Gatoff | RSU | 41,704 | — | 1,844,372 |
| Eric Gatoff | RSU | 69,216 | — | 1,694,216 |
| Eric Gatoff | RSU | 53,068 | — | 1,440,087 |
| Howard Lorber | RSU | 30,000 | — | 734,317 |
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | — |
| Anti-hedging | — |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2023 | 2023-09-12 | 2,302,946 | 709,108 | 19,749 | 76.46% | Passed |
| 2020 | 2020-09-15 | 2,852,450 | 65,922 | 9,837 | 97.74% | Passed |
| 2017 | 2017-09-13 | 2,946,382 | 58,629 | 7,934 | 98.05% | 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 |
|---|---|---|
| 2023 | 2023-09-12 | 76.46%a |
| 2020 | 2020-09-15 | 97.74%b |
| 2017 | 2017-09-13 | 98.05%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome.”.
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.
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Brian S. GensonIndependent · Compensation · Nominating · Audit | $57,000 | $0 | $220,050 | — | $0 | $277,050 |
| Robert J. EideIndependent · Compensation (Chair) · Nominating · Audit (Chair) | 57,000 | 0 | 220,050 | — | 0 | 277,050 |
| Barry LeistnerIndependent · Compensation · Audit | 54,000 | 0 | 220,050 | — | 0 | 274,050 |
| Andrew LevineIndependent · Nominating | 48,000 | 0 | 220,050 | — | 0 | 268,050 |
| Charles RaichIndependent · Nominating | 48,000 | 0 | 220,050 | — | 0 | 268,050 |
| A.F. PetrocelliIndependent · Nominating (Chair) | 47,000 | 0 | 220,050 | — | 0 | 267,050 |
| Wayne NorbitzIndependent | 47,000 | 0 | 220,050 | — | 0 | 267,050 |
| Joanne PodellIndependent | 47,000 | 0 | 73,350 | — | 0 | 120,350 |
| Eric GatoffEmployee director | — | — | — | — | — | 0 |
| Howard M. LorberEmployee director · Board Chair | — | — | — | — | — | 0 |
| Annual cash retainer | $40,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $1,000 |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | Pursuant to the Stock Retention Plan, at the time that any officer or director exercises a stock option, he will be required to retain 33 1/3 % of the total number of shares underlying options then-issued. |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $405,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $405,000 |
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 | Nathans Famous | 2025 | Eric Gatoff | $625,000 | $0 | $0 | $0 | $1,694,216 |
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, Eric Gatoff | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “SUMMARY COMPENSATION TABLE”. As printed: 1,694,216. Filing ↗machine: span 397432–397441 |
| 2 | Section 01, Howard Lorber | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “SUMMARY COMPENSATION TABLE”. As printed: 1,024,787. Filing ↗machine: span 428428–428437 |
| 3 | Section 01, Robert Steinberg | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “SUMMARY COMPENSATION TABLE”. As printed: 548,509. Filing ↗machine: span 412992–412999 |
| 4 | Section 03, Howard Lorber RSA | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 341047–341053 |
| 5 | Section 08, Brian S. Genson | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Director Compensation”. As printed: 277,050. Filing ↗machine: span 661833–661840 |
| 6 | Section 08, Robert J. Eide | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Director Compensation”. As printed: 277,050. Filing ↗machine: span 658971–658978 |
| 7 | Section 08, Barry Leistner | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Director Compensation”. As printed: 274,050. Filing ↗machine: span 664719–664726 |
| 8 | Section 08, Andrew Levine | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Director Compensation”. As printed: 268,050. Filing ↗machine: span 667579–667586 |
| 9 | Section 08, Charles Raich | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Director Compensation”. As printed: 268,050. Filing ↗machine: span 679070–679077 |
| 10 | Section 08, A.F. Petrocelli | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Director Compensation”. As printed: 267,050. Filing ↗machine: span 673326–673333 |
| 11 | Section 08, Wayne Norbitz | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Director Compensation”. As printed: 267,050. Filing ↗machine: span 670464–670471 |
| 12 | Section 08, Joanne Podell | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Director Compensation”. As printed: 120,350. Filing ↗machine: span 676210–676217 |
| 13 | Section 08, Eric Gatoff | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 08, Howard M. Lorber | DEF 14A | 2025-07-25 | 0001104659-25-070823 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 15 | Section 06, 2023 vote | Form 8-K | 2023-09-13 | 0001104659-23-100448 | Item 5.07 · say-on-pay result. As reported: 76.46% (votes for as printed: 2,302,946). Filing ↗ |
| 16 | Section 06, 2020 vote | Form 8-K | 2020-09-17 | 0001104659-20-106106 | Item 5.07 · say-on-pay result. As reported: 97.74% (votes for as printed: 2,852,450). Filing ↗ |
| 17 | Section 06, 2017 vote | Form 8-K | 2017-09-13 | 0000921895-17-002304 | Item 5.07 · say-on-pay result. As reported: 98.05% (votes for as printed: 2,946,382). Filing ↗ |
| 18 | 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) |
| 19 | Section 09b board cost (computed) | Computed | — | — | Cash 405,000 + equity 0 + all other 0 = 405,000, summed across the director compensation table rows.machine: formula: Σ = 405,000 |
| 20 | Nathans Famous (subject), Section 10b CEO total | DEF 14A | 2025-07-25 | 0001104659-25-070823 | CEO total compensation as printed in Nathans Famous's own proxy. As printed: 1,694,216. Filing ↗machine: span 397432–397441 |
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