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 | — CEO-to-median pay ratio | 79.85% Say-on-pay support, latest vote |
Track this company's pay every filing: join the Pro seat waitlist
Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year
Ask our research desk — $99, 24h, every figure cited to its filing.
SOHOO's next annual pay disclosure, estimated April 7, 2027.est. Filing ↗
| 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.
You have just read Sotherly Hotels's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper SOHOO reports.
We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.
How we handle your data → Privacy
Each company listed discloses SOHOO 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 SOHOO 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 director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2024 total |
|---|---|---|
| Anthony C. Zinni | Director | $33,368 |
| G. Scott Gibson IV | Director | $39,160 |
| Herschel J. Walker | Former director (through FY2025) | $27,577 |
| Walter S. Robertson III | Director | $35,971 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Grant date | Threshold | Target | Granted | Maximum | Grant-date fair value |
|---|---|---|---|---|---|---|---|
| David Folsom | RSA | 2025-01-02 | — | — | 57,000 | — | $54,150 |
| David Folsom | RSA | 2023-01-23 | — | — | 38,000 | — | 70,023 |
| Andrew Sims | RSA | 2025-01-02 | — | — | 60,000 | — | 57,000 |
| Andrew Sims | RSA | 2023-01-23 | — | — | 75,000 | — | 138,203 |
| Anthony Domalski | RSA | 2023-01-23 | — | — | 34,000 | — | 62,652 |
| Anthony Domalski | RSA | 2025-01-02 | — | — | 45,000 | — | 42,750 |
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 | — | $41,913 |
| David Folsom | RSU | 22,800 | — | 21,236 |
| Anthony Domalski | RSU | 20,400 | — | 19,001 |
The Company's executive compensation plan is designed to attract, retain, and motivate talented executive officers by providing incentives and economic security, while ensuring compensation is competitive with peers in the lodging industry. The plan links elements of compensation with performance to align the interests of management with those of stockholders and reward executives for their contributions to the Company.
| 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 this advisory vote, abstentions and broker non-votes 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 this proposal, abstentions 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 this proposal, abstentions 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.
| 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 · Lead Independent Director · NCGC (Chair) · Audit | 33,833 | 2,138 | — | — | — | 35,971 |
| Maria L. CaldwellIndependent · Audit | 29,917 | 4,035 | — | — | — | 33,952 |
| Anthony C. ZinniIndependent · NCGC | 29,333 | 4,035 | — | — | 0 | 33,368 |
| Herschel J. WalkerIndependent · NCGC | 23,542 | 4,035 | — | — | — | 27,577 |
| Edward S. SteinIndependent · Not standing for re-election · Departed during FY | 17,750 | 1,009 | — | — | — | 18,759 |
| David R. FolsomEmployee director | — | — | — | — | — | 0 |
| Andrew M. SimsEmployee director · Board Chair | — | — | — | — | — | 0 |
| Annual cash retainer | $20,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | $750 |
| Committee chair fees (audit / comp / nom-gov) | 6,500 / 6,500 |
| 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 “SUMMARY COMPENSATION TABLE”. As printed: 551,907. Filing ↗machine: span 367258–367265 |
| 4 | Section 03, David Folsom RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 5 | 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 |
| 6 | Section 03, Andrew Sims RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 7 | Section 03, Andrew Sims RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 320486–320493 |
| 8 | Section 03, Anthony Domalski RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 371391–371397 |
| 9 | Section 03, Anthony Domalski RSA | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Executive Compensation” · grants of plan-based awards table. Filing ↗ |
| 10 | 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 |
| 11 | 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 |
| 12 | 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 |
| 13 | 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 |
| 14 | 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 |
| 15 | 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 |
| 16 | Section 08, David R. Folsom | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 17 | Section 08, Andrew M. Sims | DEF 14A | 2025-10-01 | 0001193125-25-226633 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 18 | 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 ↗ |
| 19 | 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 ↗ |
| 20 | 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 ↗ |
| 21 | 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) |
| 22 | 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 |
| 23 | 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 |
The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.
You'll confirm on The Pay Desk's sign-up page.