Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-02

Starwood Property Trust, INC. (STWD)

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.

$6,749,991
Jeffrey DiModica total, FY2025
Presidenthighest-paid officer; CEO Barry Sternlicht: $0
CEO (Barry Sternlicht) pay percentile vs peers
CEO-to-median pay ratio
97.41%
Say-on-pay support, latest vote
Companies that benchmark against STWD
3 companies name STWD as a compensation peer

Each company listed discloses STWD 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 STWD in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Jeffrey DiModica$600,000$2,850,000$3,299,991$0$0$0$6,749,991
President
Rina Paniry600,0001,631,700818,3080003,050,008
Chief Financial Officer, Treasurer, Principal Financial Officer and Chief Accounting Officer
Barry Sternlicht00000000
Chairman of the Board and Chief Executive 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.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Jeffrey DiModica$6,749,991$11,600,014$4,535,005−4,850,023
Rina Paniry3,050,0084,549,9923,206,700−1,499,984
Barry Sternlicht000+0

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

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.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Jonathan PollackDirector2026-03-16A111,000CommonForm 4 ↗
Jonathan PollackDirector2026-03-16A5,828CommonForm 4 ↗
Rina PaniryChief Financial Officer2026-03-16A34,274CommonForm 4 ↗
Jeffrey DiModicaPresident2026-03-16A11,086CommonForm 4 ↗
Barry S. SternlichtDirector2026-03-16A3,565Common, indirectForm 4 ↗
Barry S. SternlichtDirector2026-03-18D661,34200Common, indirectForm 4 ↗
Barry S. SternlichtDirector2026-03-31D276,66600Derivative, Class A CommonForm 4 ↗
Barry S. SternlichtDirector2026-03-31D16,68400Common, indirectForm 4 ↗
Barry S. SternlichtDirector2026-03-31A276,666RSUForm 4 ↗
Jeffrey G. DishnerDirector2026-04-01D7,01317120,137CommonForm 4 ↗
Barry S. SternlichtDirector2026-04-14D3,74100Common, indirectForm 4 ↗
Barry S. SternlichtDirector2026-04-22D3,66100Common, indirectForm 4 ↗
Barry S. SternlichtDirector2026-05-15A111,589Common, indirectForm 4 ↗
Jeffrey G. DishnerDirector2026-05-26A2,423CommonForm 4 ↗
Jonathan PollackDirector2026-05-26A9,691CommonForm 4 ↗
Barry S. SternlichtDirector2026-06-02D5,06300Common, indirectForm 4 ↗
Barry S. SternlichtDirector2026-06-22D4,18200Common, indirectForm 4 ↗
Barry S. SternlichtDirector2026-06-30A276,666RSUForm 4 ↗
Barry S. SternlichtDirector2026-06-30D276,66600Derivative, Class A CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Rina PaniryRSU2025-03-0640,793$818,308
Jeffrey DiModicaRSU2025-03-0639,880799,993
Jeffrey DiModicaRSU2025-03-06124,6262,499,998
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Rina Paniry$818,308$0$00.0%
Jeffrey DiModica3,299,991000.0%

% 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
Rina PaniryRSU73,746$1,328,165
Jeffrey DiModicaRSU368,7326,640,863
Jeffrey DiModicaRSU39,880718,239
Rina PaniryRSU26,821483,046
Jeffrey DiModicaRSU21,305383,703
Jeffrey DiModicaRSU16,483296,859
Jeffrey DiModicaRSU124,6262,244,514
Rina PaniryRSU40,793734,682
Rina PaniryRSU17,188309,556
05

Incentive-plan design — the Compensation Discussion & Analysis

targeted amounts between the 50th and 75th percentile of the market data reviewed by the committee, including Compensation Peer Group and survey data

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners
Clawback policytrue
Anti-hedgingtrue
Anti-pledgingFalse
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-23176,203,9804,693,6752,043,89397.41%Passed
20252025-05-01155,591,50711,854,7401,713,35292.92%Passed
20242024-05-03145,953,6864,535,6611,466,64896.99%Passed
20232023-05-18137,200,3544,977,1591,352,65796.5%Passed
20222022-04-28135,026,68818,569,1881,608,77287.91%Passed
20212021-04-27124,573,95316,125,5302,696,77788.54%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
20262026-04-2397.41%a
20252025-05-0192.92%b
20242024-05-0396.99%c

a. Approved under the standard stated in the filing — “In tabulating the voting results for each such proposal, abstentions and, if applicable, broker non-votes, are not treated as "votes cast" and will have no effect on the result of such vote.”.

b. Approved under the standard stated in the filing — “In tabulating the voting results for each such proposal, abstentions and, if applicable, broker non-votes, are not treated as "votes cast" and will have no effect on the result of such vote.”.

c. Approved under the standard stated in the filing — “In tabulating the voting results for each such proposal, abstentions and, if applicable, broker non-votes, are not treated as "votes cast" and will have no effect on the result of such vote.”.

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.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Richard D. BronsonIndependent · Lead Independent Director · Audit · Compensation (Chair) · Nominating and Corporate Governance$202,500$150,000$0$0$0$352,500
Strauss ZelnickIndependent · Audit (Chair) · Nominating and Corporate Governance · Compensation · Investment167,500150,000000317,500
Camille J. DouglasIndependent · Audit · Nominating and Corporate Governance137,500150,000000287,500
Fred PerpallIndependent · Audit · Investment132,500150,000000282,500
Fred S. RidleyIndependent · Nominating and Corporate Governance (Chair)130,000150,000000280,000
Solomon J. KuminIndependent · Compensation · Investment130,000150,000000280,000
Deborah L. HarmonIndependent · Compensation · Nominating and Corporate Governance127,500150,000000277,500
Jeffrey G. DishnerNot independent · Investment000000
Jonathan PollackNot independent · Investment000000
Barry S. SternlichtEmployee director · Board Chair · Investment (Chair)00000
09

Board fee structure and ownership guideline

Annual cash retainer$110,000
Annual equity retainer$140,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)20,000 / 15,000 / 10,000
Stock ownership guideline$330,000
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$1,027,500
Equity awards (grant-date value)$1,050,000
All other compensation$0
Total cost of the board$2,077,500

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Starwood Property Trust, INC. names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Starwood Property Trust, INC..

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
1Rithm Capital Corp.2025Michael Nierenberg$1,000,000$12,000,007$0$7,440,000$20,450,903
2Annaly Capital Management, Inc.2025David Finkelstein1,000,0009,483,6290019,270,629
3Realty Income Corporation2025Sumit Roy1,000,0009,149,49604,981,01216,251,931
4Walker & Dunlop, Inc.2025William Walker1,000,00013,170,93101,324,82115,500,252
5AGNC Investment Corp.2025Peter Federico900,0005,750,000014,208,500
6Ladder Capital Corp2025Brian Harris1,000,0008,816,83304,124,70013,944,233
7Arbor Realty Trust, Inc.2025Ivan Kaufman1,200,0005,259,1520011,785,559
8W. P. Carey Inc.2025Jason Fox1,000,0007,986,68601,770,00010,786,686
9Adamas Trust, Inc.2025Jason Serrano920,0004,102,96202,992,5008,175,252
10DigitalBridge Group, Inc.2025Marc Ganzi1,200,0002,864,22202,403,3607,505,614
11MFA Financial, Inc.2025Craig Knutson825,0004,080,0111,605,1237,079,634
12Chimera Investment Corporation2025Phillip Kardis II900,0003,890,78101,356,1806,167,961
13Redwood Trust, Inc.2025Christopher Abate975,0003,262,48101,808,0166,131,948
14TPG RE Finance Trust, Inc.2025Doug Bouquard03,915,423003,915,423
15Blackstone Mortgage Trust, Inc.2025Timothy Johnson01,130,503001,130,503
16Apollo Commercial Real Estate Finance, Inc.2025Stuart Rothstein01,085,764001,085,764
17KKR Real Estate Finance, Inc.2025Matthew Salem0688,18800688,188
18Starwood Property Trust, INC.2025Barry Sternlicht00000
Ellington Financial Inc.not in coverage universe

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.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Starwood Property Trust, INC.not disclosedRSU 100not disclosedMeridian Compensation Partners
Adamas Trust, Inc.130%PSU 60 · RSU 40YesPearl Meyer
AGNC Investment Corp.not disclosedPSU 67 · RSU 33NoFW Cook
Annaly Capital Management, Inc.142%PSU 60 · RSU 40NoSemler Brossy
Apollo Commercial Real Estate Finance, Inc.not disclosedRSU 100not disclosednot disclosed
Arbor Realty Trust, Inc.not disclosedRSU 100Yes — Total Shareholder Return (TSR)not disclosed
Blackstone Mortgage Trust, Inc.not disclosedRSU 100not disclosedFPL Associates, L.P.
Chimera Investment Corporation65%RSU 50 · PSU 50Yes — Relative TSRFrederic W. Cook & Co.
DigitalBridge Group, Inc.166.9%RSU 100Yes — Relative TSR ModifierPay Governance
Ellington Financial Inc.not disclosedLTIP Units 100not disclosednot disclosed
KKR Real Estate Finance, Inc.not disclosedRSU 100not disclosedFerguson Partners Consulting, L.P. (FPL)
Ladder Capital Corpnot disclosedRSU 100not disclosedFTI Consulting, Inc.
MFA Financial, Inc.107.0%PSU 60 · RSU 40Yes — Absolute TSRFrederic W. Cook & Co., Inc. (FW Cook)
Realty Income Corporation199%PSU 75 · RSU 25Yes — TSR ranking relative to MSCI US REIT IndexFPC
Redwood Trust, Inc.86%PSU 55 · RSU 45Yes — relative TSR (rTSR)Semler Brossy Consulting Group LLC
Rithm Capital Corp.186%PSU 75 · RSU 25NoFW Cook
TPG RE Finance Trust, Inc.not disclosedRSU 100not disclosednot disclosed
W. P. Carey Inc.118.0%PSU 60 · RSU 40Yes — TSR relative to the constituents of the MSCI US REIT IndexFrederic W. Cook & Co., Inc.
Walker & Dunlop, Inc.132%not disclosedNoPay Governance

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

FAQ

Frequently asked questions

Who was the highest-paid executive at Starwood Property Trust, INC. in fiscal 2025?
The highest-paid executive at Starwood Property Trust, INC. in fiscal 2025 was Jeffrey DiModica, President, with total compensation of $6,749,991.
How does Starwood Property Trust, INC.'s chief executive pay compare to its disclosed peer group?
The company reported that the CEO's pay percentile among disclosed peers was not disclosed in this extract.
What is Starwood Property Trust, INC.'s CEO-to-median employee pay ratio?
The filing shows that the CEO-to-median employee pay ratio was not disclosed in this extract.
How did shareholders vote on Starwood Property Trust, INC.'s executive compensation?
Shareholders supported the latest executive compensation plan with 97.41% approval.
How much does Starwood Property Trust, INC. spend in total on board compensation for fiscal 2025?
The company reported total board compensation for fiscal 2025 as $2,077,500.

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.

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, Jeffrey DiModicaDEF 14A2026-03-130001140361-26-009388Section “Summary Compensation Table” · page 41. As printed: 6,749,991. Filing ↗machine: r5 · c22 · span 849693–849702
2Section 01, Rina PaniryDEF 14A2026-03-130001140361-26-009388Section “Summary Compensation Table” · page 41. As printed: 3,050,008. Filing ↗machine: r8 · c22 · span 861070–861079
3Section 01, Barry SternlichtDEF 14A2026-03-130001140361-26-009388Section “Executive Compensation”. As printed: 0. Filing ↗
4Section 03, Rina Paniry RSUDEF 14A2026-03-130001140361-26-009388Section “Grants of Plan-Based Awards During Calendar Year Ended December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t194 · r5 · c7 · span 890801–890807
5Section 03, Jeffrey DiModica RSUDEF 14A2026-03-130001140361-26-009388Section “Grants of Plan-Based Awards During Calendar Year Ended December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t194 · r3 · c7 · span 886502–886508
6Section 03, Jeffrey DiModica RSUDEF 14A2026-03-130001140361-26-009388Section “Grants of Plan-Based Awards During Calendar Year Ended December 31, 2025” · grants of plan-based awards table. Filing ↗machine: t199 · r5 · c4 · span 905933–905940
7Section 07, pay ratioDEF 14A2026-03-130001140361-26-009388Section “CEO Pay Ratio”. As printed: —. Filing ↗
8Section 08, Richard D. BronsonDEF 14A2026-03-130001140361-26-009388Section “Director Compensation”. As printed: 352,500. Filing ↗machine: t105 · r2 · c22 · span 568763–568770
9Section 08, Strauss ZelnickDEF 14A2026-03-130001140361-26-009388Section “Director Compensation”. As printed: 317,500. Filing ↗machine: t105 · r8 · c22 · span 594185–594192
10Section 08, Camille J. DouglasDEF 14A2026-03-130001140361-26-009388Section “Director Compensation”. As printed: 287,500. Filing ↗machine: t105 · r3 · c22 · span 573165–573172
11Section 08, Fred PerpallDEF 14A2026-03-130001140361-26-009388Section “Director Compensation”. As printed: 282,500. Filing ↗machine: t105 · r6 · c22 · span 586362–586369
12Section 08, Fred S. RidleyDEF 14A2026-03-130001140361-26-009388Section “Director Compensation”. As printed: 280,000. Filing ↗machine: t105 · r7 · c22 · span 590760–590767
13Section 08, Solomon J. KuminDEF 14A2026-03-130001140361-26-009388Section “Director Compensation”. As printed: 280,000. Filing ↗machine: t105 · r5 · c22 · span 581966–581973
14Section 08, Deborah L. HarmonDEF 14A2026-03-130001140361-26-009388Section “Director Compensation”. As printed: 277,500. Filing ↗machine: t105 · r4 · c22 · span 577566–577573
15Section 08, Jeffrey G. DishnerDEF 14A2026-03-130001140361-26-009388Section “Director Compensation”. As printed: 0. Filing ↗
16Section 08, Jonathan PollackDEF 14A2026-03-130001140361-26-009388Section “Director Compensation”. As printed: 0. Filing ↗
17Section 08, Barry S. SternlichtDEF 14A2026-03-130001140361-26-009388Section “Director Compensation”. As printed: 0. Filing ↗
18Section 02, Jonathan Pollack 2026-03-16Form 42026-03-180000905148-26-001391Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, Jonathan Pollack 2026-03-16Form 42026-03-180000905148-26-001391Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Rina Paniry 2026-03-16Form 42026-03-180000905148-26-001390Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Jeffrey DiModica 2026-03-16Form 42026-03-180000905148-26-001389Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Barry S. Sternlicht 2026-03-16Form 42026-03-180000905148-26-001388Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Barry S. Sternlicht 2026-03-18Form 42026-03-200000905148-26-001409Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Barry S. Sternlicht 2026-03-31Form 42026-04-020000905148-26-001497Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Barry S. Sternlicht 2026-03-31Form 42026-04-020000905148-26-001497Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Barry S. Sternlicht 2026-03-31Form 42026-04-020000905148-26-001497Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Jeffrey G. Dishner 2026-04-01Form 42026-04-030000905148-26-001547Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Barry S. Sternlicht 2026-04-14Form 42026-04-160000905148-26-001713Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Barry S. Sternlicht 2026-04-22Form 42026-04-240000905148-26-001841Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Barry S. Sternlicht 2026-05-15Form 42026-05-190000905148-26-002525Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Jeffrey G. Dishner 2026-05-26Form 42026-05-280000905148-26-002731Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Jonathan Pollack 2026-05-26Form 42026-05-280000905148-26-002732Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Barry S. Sternlicht 2026-06-02Form 42026-06-040000905148-26-002812Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Barry S. Sternlicht 2026-06-22Form 42026-06-240000905148-26-003075Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Barry S. Sternlicht 2026-06-30Form 42026-07-020000905148-26-003154Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Barry S. Sternlicht 2026-06-30Form 42026-07-020000905148-26-003154Insider equity transaction reported since the proxy statement. Filing ↗
37Section 06, 2026 voteForm 8-K2026-04-240001104659-26-048539Item 5.07 · say-on-pay result. As reported: 97.41% (votes for as printed: 176,203,980). Filing ↗
38Section 06, 2025 voteForm 8-K2025-05-020001104659-25-044091Item 5.07 · say-on-pay result. As reported: 92.92% (votes for as printed: 155,591,507). Filing ↗
39Section 06, 2024 voteForm 8-K2024-05-070001104659-24-057997Item 5.07 · say-on-pay result. As reported: 96.99% (votes for as printed: 145,953,686). Filing ↗
40Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
41Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
42Section 09b board cost (computed)ComputedcomputedCash 1,027,500 + equity 1,050,000 + all other 0 = 2,077,500, summed across the director compensation table rows.machine: formula: Σ = 2,077,500
43Rithm Capital Corp., Section 10b CEO totalDEF 14A2026-04-090001104659-26-041536CEO total compensation as printed in Rithm Capital Corp.'s own proxy. As printed: 20,450,903. Filing ↗machine: span 416665–416675
44Annaly Capital Management, Inc., Section 10b CEO totalDEF 14A2026-04-300001104659-26-052954CEO total compensation as printed in Annaly Capital Management, Inc.'s own proxy. As printed: 19,270,629. Filing ↗machine: t91 · r1 · c36 · span 1399922–1399932
45Realty Income Corporation, Section 10b CEO totalDEF 14A2026-03-250000726728-26-000021CEO total compensation as printed in Realty Income Corporation's own proxy. As printed: 16,251,931. Filing ↗machine: r3 · c18 · span 1118130–1118140
46Walker & Dunlop, Inc., Section 10b CEO totalDEF 14A2026-04-010001104659-26-038515CEO total compensation as printed in Walker & Dunlop, Inc.'s own proxy. As printed: 15,500,252. Filing ↗machine: t197 · r6 · c14 · span 849398–849408
47AGNC Investment Corp., Section 10b CEO totalDEF 14A2026-03-060001423689-26-000058CEO total compensation as printed in AGNC Investment Corp.'s own proxy. As printed: 14,208,500. Filing ↗machine: r2 · c18 · span 710764–710774
48Ladder Capital Corp, Section 10b CEO totalDEF 14A2026-04-210001577670-26-000018CEO total compensation as printed in Ladder Capital Corp's own proxy. As printed: 13,944,233. Filing ↗machine: r3 · c36 · span 603013–603023
49Arbor Realty Trust, Inc., Section 10b CEO totalDEF 14A2026-04-160001253986-26-000027CEO total compensation as printed in Arbor Realty Trust, Inc.'s own proxy. As printed: 11,785,559. Filing ↗machine: span 343111–343121
50W. P. Carey Inc., Section 10b CEO totalDEF 14A2026-03-270001025378-26-000063CEO total compensation as printed in W. P. Carey Inc.'s own proxy. As printed: 10,786,686. Filing ↗machine: r4 · c21 · span 810394–810404
51Adamas Trust, Inc., Section 10b CEO totalDEF 14A2026-04-240001273685-26-000038CEO total compensation as printed in Adamas Trust, Inc.'s own proxy. As printed: 8,175,252. Filing ↗machine: span 827801–827810
52DigitalBridge Group, Inc., Section 10b CEO totalDEF 14A2026-04-270001104659-26-049502CEO total compensation as printed in DigitalBridge Group, Inc.'s own proxy. As printed: 7,505,614. Filing ↗machine: t114 · r5 · c14 · span 1012265–1012274
53MFA Financial, Inc., Section 10b CEO totalDEF 14A2026-04-170001140361-26-015388CEO total compensation as printed in MFA Financial, Inc.'s own proxy. As printed: 7,079,634. Filing ↗machine: r2 · c22 · span 815805–815814
54Chimera Investment Corporation, Section 10b CEO totalDEF 14A2026-04-230001206774-26-000238CEO total compensation as printed in Chimera Investment Corporation's own proxy. As printed: 6,167,961. Filing ↗machine: t63 · r1 · c7 · span 507844–507854
55Redwood Trust, Inc., Section 10b CEO totalDEF 14A2026-03-310000930236-26-000011CEO total compensation as printed in Redwood Trust, Inc.'s own proxy. As printed: 6,131,948. Filing ↗machine: span 755087–755096
56TPG RE Finance Trust, Inc., Section 10b CEO totalDEF 14A2026-04-080001193125-26-147949CEO total compensation as printed in TPG RE Finance Trust, Inc.'s own proxy. As printed: 3,915,423. Filing ↗machine: t54 · r2 · c15 · span 261628–261637
57Blackstone Mortgage Trust, Inc., Section 10b CEO totalDEF 14A2026-04-290001193125-26-191913CEO total compensation as printed in Blackstone Mortgage Trust, Inc.'s own proxy. As printed: 1,130,503. Filing ↗machine: r4 · c27 · span 349508–349517
58Apollo Commercial Real Estate Finance, Inc., Section 10b CEO totalDEF 14A2026-05-290001193125-26-248362CEO total compensation as printed in Apollo Commercial Real Estate Finance, Inc.'s own proxy. As printed: 1,085,764. Filing ↗machine: r2 · c23 · span 262498–262507
59KKR Real Estate Finance, Inc., Section 10b CEO totalDEF 14A2026-03-030001140361-26-007573CEO total compensation as printed in KKR Real Estate Finance, Inc.'s own proxy. As printed: 688,188. Filing ↗machine: r2 · c27 · span 361601–361608
60Starwood Property Trust, INC. (subject), Section 10b CEO totalDEF 14A2026-03-130001140361-26-009388CEO total compensation as printed in Starwood Property Trust, INC.'s own proxy. As printed: 0. Filing ↗
61Section 10a, Realty Income Corporation reciprocityDEF 14A0000726728-26-000021Realty Income Corporation's most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗
62Section 10a, Redwood Trust, Inc. reciprocityDEF 14A0000930236-26-000011Redwood Trust, Inc.'s most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗
63Section 10a, Chimera Investment Corporation reciprocityDEF 14A0001206774-26-000238Chimera Investment Corporation's most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗
64Section 10a, AGNC Investment Corp. reciprocityDEF 14A0001423689-26-000058AGNC Investment Corp.'s most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗
65Section 10a, Ladder Capital Corp reciprocityDEF 14A0001577670-26-000018Ladder Capital Corp's most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗
66Section 10a, MFA Financial, Inc. reciprocityDEF 14A0001140361-26-015388MFA Financial, Inc. names Starwood Property Trust, INC. in its own disclosed peer group (read from its most recent proxy). Filing ↗
67Section 10a, W. P. Carey Inc. reciprocityDEF 14A0001025378-26-000063W. P. Carey Inc.'s most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗
68Section 10a, DigitalBridge Group, Inc. reciprocityDEF 14A0001104659-26-049502DigitalBridge Group, Inc.'s most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗
69Section 10a, Walker & Dunlop, Inc. reciprocityDEF 14A0001104659-26-038515Walker & Dunlop, Inc.'s most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗
70Section 10a, Annaly Capital Management, Inc. reciprocityDEF 14A0001104659-26-052954Annaly Capital Management, Inc.'s most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗
71Section 10a, Ellington Financial Inc. reciprocityDEF 14A0001411342-25-000036Ellington Financial Inc.'s most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗
72Section 10a, Adamas Trust, Inc. reciprocityDEF 14A0001273685-26-000038Adamas Trust, Inc.'s most recent proxy was read; its disclosed peer group does not include Starwood Property Trust, INC.. Filing ↗