CEO David Folsom was paid $749,144 in fiscal year 2024, ↓ down 8.1% from fiscal year 2023 (SEC filing 0001193125-25-226633 ↗): 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.
$780,419 Andrew Sims total, FY2024 Chairman — highest-paid officer; CEO David Folsom: $749,144 | — CEO (David Folsom) pay percentile vs peers | 2.21:1 CEO-to-median pay ratio | 79.85% 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 |
|---|---|---|---|---|---|---|---|---|
| Andrew Sims | $559,316 | $147,000 | — | $0 | $0 | $0 | $74,103 | $780,419 |
| Chairman | ||||||||
| David Folsom | 553,723 | 124,150 | — | 0 | 0 | 0 | 71,271 | 749,144 |
| President and CEO | ||||||||
| Anthony Domalski | 394,160 | 90,250 | — | 0 | 0 | 0 | 67,497 | 551,907 |
| Vice President, CFO 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 |
|---|---|---|---|---|
| Andrew Sims | $780,419 | $884,506 | $741,129 | ↓ −104,087 |
| David Folsom | 749,144 | 815,069 | 731,818 | ↓ −65,925 |
| Anthony Domalski | 551,907 | 609,855 | 515,956 | ↓ −57,948 |
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 | FY2024 total |
|---|---|---|
| Andrew Sims | Chairman | $780,419 |
| Anthony Domalski | CFO | $551,907 |
| David Folsom | CEO | $749,144 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2024 total |
|---|---|---|
| Edward S. Stein | Former director (through FY2024) | $18,759 |
| Maria L. Caldwell | Independent Director | $33,952 |
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 |
|---|---|---|---|---|---|---|---|---|
| Scott M. Kucinski | EVP & Chief Operating Officer | 2026-02-12 | D | 98,171 | $2 | $220,885 | Common | Form 4 ↗ |
| Scott M. Kucinski | EVP & Chief Operating Officer | 2026-02-12 | D | 153,445 | 2 | 345,251 | Common | Form 4 ↗ |
| Walter S. Robertston III | Director | 2026-02-12 | D | 5,250 | 2 | 11,813 | Common | Form 4 ↗ |
| Maria L. Caldwell | Director | 2026-02-12 | D | 48,190 | 2 | 108,428 | Common | Form 4 ↗ |
| Andrew Sims | Director | 2026-02-12 | D | 107,490 | 2 | 241,853 | Common | Form 4 ↗ |
| Andrew Sims | Director | 2026-02-12 | D | 793,937 | 2 | 1,786,358 | Common | Form 4 ↗ |
| Andrew Sims | Director | 2026-02-12 | D | 826,909 | 2 | 1,860,545 | Common | Form 4 ↗ |
| David R. Folsom | Director | 2026-02-12 | D | 107,490 | 2 | 241,853 | Common | Form 4 ↗ |
| David R. Folsom | Director | 2026-02-12 | D | 501,660 | 2 | 1,128,735 | Common | Form 4 ↗ |
| David R. Folsom | Director | 2026-02-12 | D | 114,095 | 2 | 256,714 | Common | Form 4 ↗ |
| Anthony C. Zinni | Director | 2026-02-12 | D | 110,164 | 2 | 247,869 | Common | Form 4 ↗ |
| Anthony Domalski | Chief Financial Officer | 2026-02-12 | D | 254,950 | 2 | 573,638 | Common | Form 4 ↗ |
| Anthony Domalski | Chief Financial Officer | 2026-02-12 | D | 107,490 | 2 | 241,853 | Common | Form 4 ↗ |
| G. Scott Gibson IV | Director | 2026-02-12 | D | 76,093 | 2 | 171,209 | 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 |
|---|---|---|---|---|---|---|---|
| Anthony Domalski | RSA | 2025-01-02 | — | — | 45,000 | — | $42,750 |
| David Folsom | RSA | 2025-01-02 | — | — | 57,000 | — | 54,150 |
| Anthony Domalski | RSA | 2023-01-23 | — | — | 34,000 | — | 62,652 |
| Anthony Domalski | RSA | 2024-01-18 | — | — | 24,900 | — | 33,491 |
| Andrew Sims | RSA | 2024-01-18 | — | — | 23,715 | — | 31,896 |
| Andrew Sims | RSA | 2025-01-02 | — | — | 60,000 | — | 57,000 |
| Andrew Sims | RSA | 2023-01-23 | — | — | 75,000 | — | 138,203 |
| David Folsom | RSA | 2023-01-23 | — | — | 38,000 | — | 70,023 |
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 |
|---|---|---|---|---|
| Andrew Sims | RSU | 45,000 | — | $697,050 |
| David Folsom | RSU | 22,800 | — | 353,172 |
| Anthony Domalski | RSU | 20,400 | — | 315,996 |
The Company's executive compensation plan is designed to attract and retain outstanding managers, align the interests of named executive officers with stockholders, and encourage a focus on long-term value creation.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2025 | 2025-11-17 | 6,825,607 | 1,722,551 | 22,874 | 79.85% | Passed |
| 2024 | 2024-04-30 | 5,051,265 | 896,698 | 61,095 | 84.92% | Passed |
| 2023 | 2023-05-18 | 5,431,959 | 729,670 | 48,313 | 88.16% | Passed |
| 2022 | 2022-04-26 | 3,809,058 | 545,139 | 88,981 | 87.48% | Passed |
| 2021 | 2021-04-27 | 4,004,447 | 354,897 | 68,537 | 91.86% | Passed |
| 2020 | 2020-04-28 | 4,651,598 | 1,835,134 | 70,433 | 71.71% | 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 | 2025-11-17 | 79.85%a |
| 2024 | 2024-04-30 | 84.92%b |
| 2023 | 2023-05-18 | 88.16%c |
a. Approved under the standard stated in the filing — “For purposes of Proposals I, III, and IV, proxies received by the Company that reflect abstentions and broker non-votes, if any, will not be counted as votes cast and will have no effect on the result of the vote, although they will be considered present for the purpose of determining the presence of a quorum.”.
b. Approved under the standard stated in the filing — “For purposes of Proposals I and III, proxies received by the Company that reflect abstentions and broker non-votes, if any, will not be counted as votes cast and will have no effect on the result of the vote, although they will be considered present for the purpose of determining the presence of a quorum.”.
c. Approved under the standard stated in the filing — “For purposes of Proposals I and III, proxies received by the Company that reflect abstentions and broker non-votes, if any, will not be counted as votes cast and will have no effect on the result of the vote, although they will be considered present for the purpose of determining the presence of a quorum.”.
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) | 2.21 : 1 |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| G. Scott Gibson IVIndependent · Audit (Chair) | $35,125 | $4,035 | — | — | — | $39,160 |
| Walter S. Robertson IIIIndependent · Nominating/Governance (Chair) · Audit | 33,833 | 2,138 | — | — | — | 35,971 |
| Maria L. CaldwellIndependent · Audit | 29,917 | 4,035 | — | — | — | 33,952 |
| Anthony C. ZinniIndependent · Nominating/Governance | 29,333 | 4,035 | — | — | — | 33,368 |
| Herschel J. WalkerIndependent · Nominating/Governance | 23,542 | 4,035 | — | — | — | 27,577 |
| Edward S. SteinIndependent · Departed during FY | 17,750 | 1,009 | — | — | — | 18,759 |
| Andrew M. SimsEmployee director · Board Chair | — | — | — | — | — | 0 |
| David R. FolsomEmployee director | — | — | — | — | — | 0 |
| Annual cash retainer | $20,000 |
|---|---|
| Annual equity retainer | $4,035 |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2024 |
|---|---|
| Cash retainers and fees | $169,500 |
| Equity awards (grant-date value) | $19,287 |
| All other compensation | $0 |
| Total cost of the board | $188,787 |
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 | Sotherly Hotels | 2024 | David Folsom | $553,723 | — | $0 | $0 | $749,144 |
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, Andrew Sims | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Executive Compensation”. As printed: 780,419. Filing ↗machine: span 316212–316219 |
| 2 | Section 01, David Folsom | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Executive Compensation”. As printed: 749,144. Filing ↗machine: span 341613–341620 |
| 3 | Section 01, Anthony Domalski | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Executive Compensation”. As printed: 551,907. Filing ↗machine: span 367258–367265 |
| 4 | Section 03, Anthony Domalski RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: span 384543–384549 |
| 5 | Section 03, David Folsom RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 6 | Section 03, Anthony Domalski RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t6 · r11 · c10 · span 371391–371397 |
| 7 | Section 03, Anthony Domalski RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: span 385444–385450 |
| 8 | Section 03, Andrew Sims RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: span 381836–381842 |
| 9 | Section 03, Andrew Sims RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: span 382739–382745 |
| 10 | Section 03, Andrew Sims RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t6 · r3 · c10 · span 320486–320493 |
| 11 | Section 03, David Folsom RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 345731–345737 |
| 12 | Section 07, pay ratio | DEF 14A | 2025-10-01 | 0001193125-25-251749 | Section “CEO Pay Ratio”. As printed: 2.21 : 1. Filing ↗ |
| 13 | Section 08, G. Scott Gibson IV | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 39,160. Filing ↗machine: span 657437–657645 |
| 14 | Section 08, Walter S. Robertson III | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 35,971. Filing ↗machine: span 662002–662210 |
| 15 | Section 08, Maria L. Caldwell | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 33,952. Filing ↗machine: span 652857–653065 |
| 16 | Section 08, Anthony C. Zinni | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 33,368. Filing ↗machine: span 671113–671321 |
| 17 | Section 08, Herschel J. Walker | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 27,577. Filing ↗machine: span 666546–666754 |
| 18 | Section 08, Edward S. Stein | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 18,759. Filing ↗machine: span 675770–675978 |
| 19 | Section 08, Andrew M. Sims | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 20 | Section 08, David R. Folsom | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 21 | Section 02, Scott M. Kucinski 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047910 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Scott M. Kucinski 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047910 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Walter S. Robertston III 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047913 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Maria L. Caldwell 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047918 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Andrew Sims 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047902 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, Andrew Sims 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047902 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, Andrew Sims 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047902 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 02, David R. Folsom 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047904 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 29 | Section 02, David R. Folsom 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047904 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 30 | Section 02, David R. Folsom 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047904 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 31 | Section 02, Anthony C. Zinni 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047922 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 32 | Section 02, Anthony Domalski 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047905 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 33 | Section 02, Anthony Domalski 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047905 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 34 | Section 02, G. Scott Gibson IV 2026-02-12 | Form 4 | 2026-02-12 | 0001193125-26-047920 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 35 | Section 06, 2025 vote | Form 8-K | 2025-11-17 | 0001193125-25-284727 | Item 5.07 · say-on-pay result. As reported: 79.85% (votes for as printed: 6,825,607). Filing ↗ |
| 36 | Section 06, 2024 vote | Form 8-K | 2024-05-01 | 0000950170-24-050965 | Item 5.07 · say-on-pay result. As reported: 84.92% (votes for as printed: 5,051,265). Filing ↗ |
| 37 | Section 06, 2023 vote | Form 8-K | 2023-05-18 | 0000950170-23-023013 | Item 5.07 · say-on-pay result. As reported: 88.16% (votes for as printed: 5,431,959). Filing ↗ |
| 38 | 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) |
| 39 | Section 09b board cost (computed) | Computed | — | — | Cash 169,500 + equity 19,287 + all other 0 = 188,787, summed across the director compensation table rows.machine: formula: Σ = 188,787 |
| 40 | Sotherly Hotels (subject), Section 10b CEO total | DEF 14A | 2025-10-01 | 0001193125-25-226633 | CEO total compensation as printed in Sotherly Hotels's own proxy. As printed: 749,144. Filing ↗machine: span 341613–341620 |
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