Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2025-07-25

Nathans Famous (NATH)

Fiscal year 2025 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
Companies that benchmark against NATH
No companies currently name NATH as a compensation peer in their most recent disclosure.

This is the complete answer, not a partial one — the list is never padded.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Eric Gatoff$625,000$1,000,000$0$0$0$0$69,216$1,694,216
Chief Executive Officer
Howard Lorber1,000,0000000024,7871,024,787
Executive Chairman of the Board
Robert Steinberg325,000200,000000023,509548,509
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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Eric Gatoff$1,694,216
Howard Lorber1,024,787
Robert Steinberg548,509

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

02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Howard LorberRSA2012-12-0150,000
03b

Vehicle mix — grant-date fair value by award type

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.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Eric GatoffPSU602,668$14,751,644
Eric GatoffPSU637,01915,592,461
Eric GatoffPSU625,00015,298,269
Eric GatoffRSU41,7041,844,372
Eric GatoffRSU69,2161,694,216
Eric GatoffRSU53,0681,440,087
Howard LorberRSU30,000734,317
05

Incentive-plan design — the Compensation Discussion & Analysis

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultant
Clawback policy
Anti-hedging
Anti-pledging
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20232023-09-122,302,946709,10819,74976.46%Passed
20202020-09-152,852,45065,9229,83797.74%Passed
20172017-09-132,946,38258,6297,93498.05%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.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20232023-09-1276.46%a
20202020-09-1597.74%b
20172017-09-1398.05%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

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.

09

Board fee structure and ownership guideline

Annual cash retainer$40,000
Annual equity retainer
Per board meeting fee$1,000
Committee chair fees (audit / comp / nom-gov)
Stock ownership guidelinePursuant 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.
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
1Nathans Famous2025Eric 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.

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, Eric GatoffDEF 14A2025-07-250001104659-25-070823Section “SUMMARY COMPENSATION TABLE”. As printed: 1,694,216. Filing ↗machine: span 397432–397441
2Section 01, Howard LorberDEF 14A2025-07-250001104659-25-070823Section “SUMMARY COMPENSATION TABLE”. As printed: 1,024,787. Filing ↗machine: span 428428–428437
3Section 01, Robert SteinbergDEF 14A2025-07-250001104659-25-070823Section “SUMMARY COMPENSATION TABLE”. As printed: 548,509. Filing ↗machine: span 412992–412999
4Section 03, Howard Lorber RSADEF 14A2025-07-250001104659-25-070823Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 341047–341053
5Section 06, 2023 voteForm 8-K2023-09-130001104659-23-100448Item 5.07 · say-on-pay result. As reported: 76.46% (votes for as printed: 2,302,946). Filing ↗
6Section 06, 2020 voteForm 8-K2020-09-170001104659-20-106106Item 5.07 · say-on-pay result. As reported: 97.74% (votes for as printed: 2,852,450). Filing ↗
7Section 06, 2017 voteForm 8-K2017-09-130000921895-17-002304Item 5.07 · say-on-pay result. As reported: 98.05% (votes for as printed: 2,946,382). Filing ↗
8Nathans Famous (subject), Section 10b CEO totalDEF 14A2025-07-250001104659-25-070823CEO total compensation as printed in Nathans Famous's own proxy. As printed: 1,694,216. Filing ↗machine: span 397432–397441