Velarion · Company Intelligence
CompBrief
Fiscal year 2024

David Folsom — FY2024 total compensation $749,144

David Folsom is President and CEO of Sotherly Hotels Inc. (SOHOO). The company reported total compensation of $749,144 for fiscal year 2024.

01

Fiscal year 2024 compensation

Salary$553,723
Bonus$0
Stock awards$124,150
Option awards$0
Non-equity incentive plan$0
Pension and non-qualified deferred compensation$0
All other compensation$71,271
Total$749,144

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed, without adjustment.

Cited to the compensation disclosure Sotherly Hotels Inc. filed October 1, 2025, accession 0001193125-25-226633.

02

History — every fiscal year held

Fiscal yearRoleSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
FY2024President and CEO$553,723$0$124,150$0$0$0$71,271$749,144
FY2023President and CEO$537,595$130,464$70,023$0$0$0$76,987$815,069
FY2022President and CEO$502,711$110,000$49,955$0$0$0$69,153$731,818
FY2021President and CEO$480,285$0$166,290$0$0$0$85,976$732,552

Totals as disclosed in each year's own compensation disclosure for Sotherly Hotels Inc..

04

The other named executive officers of Sotherly Hotels Inc.

Named executive officerRoleFY2024 total
Andrew SimsChairman$780,419
David Folsom this pagePresident and CEO$749,144
Anthony DomalskiVice President CFO and Secretary$551,907

The company's named executive officers for fiscal year 2024, and what it reported for each. See the full Sotherly Hotels Inc. compensation brief.

05

The company page

David Folsom's compensation sits inside Sotherly Hotels Inc.'s full executive and board picture — the peer group, pay against peers, incentive design and the board itself.

The Sotherly Hotels Inc. (SOHOO) compensation brief