President and CEO · Sotherly Hotels Inc. (SOHOO)

David Folsom

A named executive officer of Sotherly Hotels in every fiscal year CompBrief holds from FY2021 to FY2024. Every figure below is printed as the company filed it and cited to the filing it came from.

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Total disclosed compensation, FY2024

$749,144

FY2023: $815,069

2nd of 3 named executive officers at Sotherly Hotels by FY2024 total.

3 named officers on file for Sotherly Hotels, FY2024

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What this number hides

The filing gives the total. Sotherly Hotels’s full Executive Compensation Report gives every award, the disclosed peer set and what the total leaves out — the pair adds the board’s.

Compensation figures as of the proxy filed October 1, 2025 (DEF 14A).

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David Folsom compensation by year

Sotherly Hotels Summary Compensation Table · all 4 fiscal years held
In US dollars, as Sotherly Hotels reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2021FY2022FY2023FY2024
Salary$480,285$502,711$537,595$553,723
Bonus$0$110,000$130,464$124,150
Stock awards$166,290$49,955$70,023—
Option awards$0$0$0$0
Non-equity incentive$0$0$0$0
Pension and deferred compensation$0$0$0$0
All other$85,976$69,153$76,987$71,271
Total$732,552$731,818$815,069$749,144

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Sotherly Hotels Inc. DEF 14A filed October 1, 2025, accession 0001193125-25-226633, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Sotherly Hotels Inc. filed document, accession 0001193125-25-226633. Every figure is read from that document and cited to the page and table it appears in. Filed October 1, 2025.

$733K
$732K
$815K
$749K
FY21
FY22
FY23
FY24
SalaryBonusStock awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU22,800$21,236—

Per the Outstanding Equity Awards at Fiscal Year-End table in Sotherly Hotels Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.

Sotherly Hotels’s named executive officers, FY2024

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

Board service

Sotherly Hotels board · FY2023–FY2025

How this board is paid

Company policy: Sotherly Hotels pays directors a $20,000 cash retainer. As stated in Sotherly Hotels's FY2024 proxy.

The full Sotherly Hotels compensation record

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This page is one person within Sotherly Hotels's record. The company brief lists every named executive, each linking to their own page.

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Sotherly Hotels's full Executive Compensation Report with peer benchmarking.

How this record is built

Every figure on this page is one figure from a public SEC filing, printed as the filing states it and cited to the document. Compensation totals are Sotherly Hotels's own disclosed totals, not summed by Velarion. Insider transactions are read from Form 4 filings and cover every line filed since the most recent proxy. Nothing is estimated by Velarion; where the company does not disclose a value the cell reads "—", and a section appears only where the company discloses the data. Corrections: records@velarion.ai.

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David Folsom's compensation dossier