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.
This is the complete answer, not a partial one — the list is never padded.
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Moishe Gubin | $300,000 | $0 | $1,100,000 | $0 | $0 | $0 | $0 | $1,400,000 |
| Chairman and Chief Executive Officer | ||||||||
| Jeffrey Bajtner | 250,000 | 18,750 | 18,750 | 0 | 0 | 0 | 20,411 | 307,911 |
| Chief Investment Officer and Chief Operating Officer | ||||||||
| Greg Flamion | 250,000 | 18,750 | 18,750 | 0 | 0 | 0 | 20,411 | 307,911 |
| Chief Financial Officer | ||||||||
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 |
|---|---|---|---|---|
| Moishe Gubin | $1,400,000 | $700,000 | $300,000 | +700,000 |
| Jeffrey Bajtner | 307,911 | 300,512 | 200,000 | +7,399 |
| Greg Flamion | 307,911 | 300,512 | — | +7,399 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
Every insider equity transaction reported on Form 4 after the 2025 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 |
|---|---|---|---|---|---|---|---|---|
| Moishe Gubin | Director | 2026-06-05 | A | 114,504 | $0 | $0 | Derivative, Class A Common | Form 4 ↗ |
| Michael Blisko | Director | 2026-06-30 | A | 75,000 | 0 | 0 | Common | Form 4 ↗ |
| Ted Lerman | Director | 2026-06-30 | A | 125,000 | 0 | 0 | Common | Form 4 ↗ |
| Moishe Gubin | Director | 2026-06-30 | A | 75,000 | 0 | 0 | Common | Form 4 ↗ |
| Moishe Gubin | Director | 2026-07-21 | A | 13,482 | 0 | 0 | Derivative, Class A 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 |
|---|---|---|---|---|---|---|---|
| Moishe Gubin | RSU | — | — | — | 83,969 | — | $1,100,000 |
| Named executive officer | Time-vested (RSU) | Performance-vested (PSU) | Options / SARs | % performance-vested |
|---|---|---|---|---|
| Moishe Gubin | $1,100,000 | $0 | $0 | 0.0% |
% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.
We expect that our compensation committee will review the current compensation of our Chief Executive Officer in conjunction with the establishment of compensation policies and objectives for executive compensation. We anticipate that the compensation committee will design a compensation program that rewards, among other things, our operating results, favorable stockholder returns, and individual contributions to our success. We expect compensation incentives designed to further these goals will take the form of annual cash compensation and longer-term equity awards.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | false |
| Anti-hedging | False |
| Anti-pledging | False |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2023 | 2023-05-16 | 3,644,616 | 41 | 87,890 | 100% | 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 | 2023-05-16 | 100%a |
a. Approved under the standard stated in the filing — “Abstentions and broker non-votes will have no effect on the outcome of this proposal.”.
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) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Jack LevineIndependent · Audit · Compensation · Investment | $60,000 | $0 | $0 | — | $0 | $60,000 |
| Mark MyersIndependent · Nominating/Governance · Compensation · Investment | 60,000 | 0 | 0 | — | 0 | 60,000 |
| Michael BliskoNot independent · Investment | 60,000 | 0 | 0 | — | 0 | 60,000 |
| Stanford GertzIndependent · Audit · Nominating/Governance (Chair) · Compensation (Chair) · Investment | 60,000 | 0 | 0 | — | 0 | 60,000 |
| Ted LermanIndependent · Audit · Nominating/Governance · Investment | 60,000 | 0 | 0 | — | 0 | 60,000 |
| Essel BaileyIndependent · Not standing for re-election · Departed during FY | 15,000 | 0 | 0 | — | 0 | 15,000 |
| Reid ShapiroIndependent · Not standing for re-election · Departed during FY | 15,000 | 0 | 0 | — | 0 | 15,000 |
| Moishe GubinEmployee director · Board Chair | 0 | 0 | 0 | — | 0 | 0 |
| Annual cash retainer | $60,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | — |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $330,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $330,000 |
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 | Strawberry Fields REIT, Inc. | 2025 | Moishe Gubin | $300,000 | $1,100,000 | $0 | $0 | $1,400,000 |
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, Moishe Gubin | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Executive Compensation”. As printed: 1,400,000. Filing ↗machine: r4 · c23 · span 216513–216522 |
| 2 | Section 01, Jeffrey Bajtner | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Executive Compensation”. As printed: 307,911. Filing ↗machine: r14 · c23 · span 226021–226028 |
| 3 | Section 01, Greg Flamion | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Executive Compensation”. As printed: 307,911. Filing ↗machine: r9 · c23 · span 221252–221259 |
| 4 | Section 03, Moishe Gubin RSU | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “JACK LEVINE, AND (IV) TED LERMAN (V) MARK MYERS (VI) STANFORD GERTZ AS DIRECTORS. &” · grants of plan-based awards table. Filing ↗machine: t47 · r4 · c15 · span 216238–216247 |
| 5 | Section 07, pay ratio | 10-K | 2026-03-19 | 0001493152-26-011682 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 6 | Section 08, Jack Levine | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Director Compensation”. As printed: 60,000. Filing ↗machine: t42 · r4 · c3 · span 200118–200124 |
| 7 | Section 08, Mark Myers | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Director Compensation”. As printed: 60,000. Filing ↗machine: t42 · r8 · c3 · span 201104–201110 |
| 8 | Section 08, Michael Blisko | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Director Compensation”. As printed: 60,000. Filing ↗machine: t42 · r2 · c3 · span 199613–199619 |
| 9 | Section 08, Stanford Gertz | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Director Compensation”. As printed: 60,000. Filing ↗machine: t42 · r10 · c3 · span 201601–201607 |
| 10 | Section 08, Ted Lerman | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Director Compensation”. As printed: 60,000. Filing ↗machine: t42 · r6 · c3 · span 200611–200617 |
| 11 | Section 08, Essel Bailey | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Director Compensation”. As printed: 15,000. Filing ↗machine: t42 · r12 · c3 · span 202166–202172 |
| 12 | Section 08, Reid Shapiro | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Director Compensation”. As printed: 15,000. Filing ↗machine: t42 · r14 · c3 · span 202731–202737 |
| 13 | Section 08, Moishe Gubin | DEF 14A | 2026-04-01 | 0001493152-26-014639 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 14 | Section 02, Moishe Gubin 2026-06-05 | Form 4 | 2026-06-05 | 0001493152-26-027512 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 15 | Section 02, Michael Blisko 2026-06-30 | Form 4 | 2026-07-02 | 0001493152-26-031874 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, Ted Lerman 2026-06-30 | Form 4 | 2026-07-24 | 0001493152-26-034455 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, Moishe Gubin 2026-06-30 | Form 4 | 2026-07-02 | 0001493152-26-031877 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Moishe Gubin 2026-07-21 | Form 4 | 2026-07-21 | 0001493152-26-033976 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 06, 2023 vote | Form 8-K | 2023-05-19 | 0001493152-23-018361 | Item 5.07 · say-on-pay result. As reported: 100% (votes for as printed: 3,644,616). Filing ↗ |
| 20 | 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) |
| 21 | Section 03b vehicle mix (computed) | Computed | — | computed | RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio |
| 22 | Section 09b board cost (computed) | Computed | — | computed | Cash 330,000 + equity 0 + all other 0 = 330,000, summed across the director compensation table rows.machine: formula: Σ = 330,000 |
| 23 | Strawberry Fields REIT, Inc. (subject), Section 10b CEO total | DEF 14A | 2026-04-01 | 0001493152-26-014639 | CEO total compensation as printed in Strawberry Fields REIT, Inc.'s own proxy. As printed: 1,400,000. Filing ↗machine: r4 · c23 · span 216513–216522 |