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.
Each company listed discloses SOHO 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 SOHO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Andrew Sims | $559,316 | $0 | $147,000 | $0 | $0 | $0 | $74,103 | $780,419 |
| Chairman | ||||||||
| David Folsom | 553,723 | 0 | 124,150 | 0 | 0 | 0 | 71,271 | 749,144 |
| President and Chief Executive Officer | ||||||||
| Anthony Domalski | 394,160 | 0 | 90,250 | 0 | 0 | 0 | 67,497 | 551,907 |
| Vice President, Chief Financial 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 |
|---|---|---|---|---|
| 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.
No insider equity transactions reported since the proxy statement.
| 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 | 2024-01-18 | — | — | 44,955 | — | 60,464 |
| Anthony Domalski | RSA | 2024-01-18 | — | — | 24,900 | — | 33,491 |
| Andrew Sims | RSA | 2024-01-18 | — | — | 23,715 | — | 31,896 |
| Andrew Sims | RSA | 2023-01-23 | — | — | 75,000 | — | 138,203 |
| David Folsom | RSA | 2023-01-12 | — | — | 26,431 | — | 49,955 |
| David Folsom | RSA | 2023-01-23 | — | — | 38,000 | — | 70,023 |
| David Folsom | RSA | 2025-01-02 | — | — | 57,000 | — | 54,150 |
| Andrew Sims | RSA | 2025-01-02 | — | — | 60,000 | — | 57,000 |
| Anthony Domalski | RSA | 2023-01-23 | — | — | 34,000 | — | 62,652 |
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 |
|---|---|---|---|---|
| Anthony Domalski | RSU | 20,400 | — | $19,001 |
| Anthony Domalski | Restricted Stock | 20,400 | — | 19,001 |
| Andrew Sims | RSU | 45,000 | — | 41,913 |
| David Folsom | RSU | 22,800 | — | 21,236 |
| David Folsom | Restricted Stock | 22,800 | — | 21,236 |
| Andrew Sims | Restricted Stock | 45,000 | — | 41,913 |
The principal objective of the Company's executive compensation plan has been and is to achieve the Company's business objectives by attracting, retaining and motivating talented executive officers by providing incentives and economic security.
| CEO STI target (% of salary) | 30% |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | True |
| Anti-hedging | True |
| Anti-pledging | True |
| 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. 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.
| 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 | $0 | — | $0 | $39,160 |
| Walter S. Robertson IIIIndependent · Lead Independent Director · Audit · Nominating/Corporate Governance and Compensation (Chair) | 33,833 | 2,138 | 0 | — | 0 | 35,971 |
| Maria L. CaldwellIndependent · Audit | 29,917 | 4,035 | 0 | — | 0 | 33,952 |
| Anthony C. ZinniIndependent · Nominating/Corporate Governance and Compensation | 29,333 | 4,035 | 0 | — | 0 | 33,368 |
| Herschel J. WalkerIndependent · Nominating/Corporate Governance and Compensation · Not standing for re-election | 23,542 | 4,035 | 0 | — | 0 | 27,577 |
| Edward S. SteinIndependent · Departed during FY | 17,750 | 1,009 | 0 | — | 0 | 18,759 |
| David R. FolsomEmployee director | 0 | 0 | 0 | — | 0 | 0 |
| Andrew M. SimsEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 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 | $124,150 | $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.
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 “SUMMARY COMPENSATION TABLE”. As printed: 780,419. Filing ↗machine: span 316212–316219 |
| 2 | Section 01, David Folsom | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “SUMMARY COMPENSATION TABLE”. As printed: 749,144. Filing ↗machine: span 341613–341620 |
| 3 | Section 01, Anthony Domalski | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “SUMMARY COMPENSATION TABLE”. 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 “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: span 383640–383646 |
| 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: span 385444–385450 |
| 7 | 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 |
| 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: t6 · r3 · c10 · span 320486–320493 |
| 9 | Section 03, David Folsom RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t6 · r8 · c10 · span 351946–351952 |
| 10 | Section 03, David Folsom RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t6 · r7 · c10 · span 345731–345737 |
| 11 | Section 03, David Folsom RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “SUMMARY COMPENSATION TABLE &” · grants of plan-based awards table. Filing ↗machine: span 382739–382745 |
| 12 | 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 |
| 13 | 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 |
| 14 | Section 07, pay ratio | DEF 14A | 2025-10-01 | 0001193125-25-251749 | Section “CEO Pay Ratio”. As printed: 2.21 : 1. Filing ↗ |
| 15 | Section 08, G. Scott Gibson IV | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 39,160. Filing ↗machine: t13 · r3 · c11 · span 657628–657634 |
| 16 | Section 08, Walter S. Robertson III | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 35,971. Filing ↗machine: t13 · r4 · c11 · span 662193–662199 |
| 17 | Section 08, Maria L. Caldwell | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 33,952. Filing ↗machine: t13 · r2 · c11 · span 653048–653054 |
| 18 | Section 08, Anthony C. Zinni | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 33,368. Filing ↗machine: t13 · r6 · c11 · span 671304–671310 |
| 19 | Section 08, Herschel J. Walker | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 27,577. Filing ↗machine: t13 · r5 · c11 · span 666737–666743 |
| 20 | Section 08, Edward S. Stein | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 18,759. Filing ↗machine: t13 · r7 · c11 · span 675961–675967 |
| 21 | Section 08, David R. Folsom | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 22 | Section 08, Andrew M. Sims | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 23 | 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 ↗ |
| 24 | 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 ↗ |
| 25 | 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 ↗ |
| 26 | 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) |
| 27 | Section 09b board cost (computed) | 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 |
| 28 | 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 |