Michael Lacy compensation by year
UDR Summary Compensation Table · all 6 fiscal years held| Component | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|
| Salary | $300,000 | $400,000 | $450,000 | $550,000 | $550,000 | $550,000 |
| Bonus | $600,000 | $0 | $0 | $0 | $0 | $0 |
| Stock awards | $236,240 | $877,736 | $1,133,725 | $1,893,492 | $1,938,325 | $2,016,690 |
| Option awards | $0 | $0 | $0 | $0 | $0 | $0 |
| Non-equity incentive | $0 | $412,500 | $210,000 | $300,000 | $300,000 | $315,000 |
| Pension and deferred compensation | $0 | $0 | $0 | $0 | $0 | $0 |
| All other | $20,714 | $21,227 | $21,673 | $22,362 | $24,200 | $28,123 |
| Total | $1,156,954 | $1,711,463 | $1,815,398 | $2,765,854 | $2,812,525 | $2,909,813 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: UDR, Inc. DEF 14A filed April 2, 2026, accession 0000074208-26-000037, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2024 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| RSU | 54,326 | — | — |
| RSU | 2,296 | — | — |
| RSU | 14,424 | — | — |
| RSU | 1,190 | — | — |
| RSU | 38,731 | — | — |
| RSU | 54,351 | — | — |
| RSU | 3,567 | — | — |
| RSU | 20,747 | — | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in UDR, Inc.'s FY2024 proxy; value at the fiscal year-end close, as the company printed it.
UDR’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Thomas Toomey | Chairman, President and Chief Executive Officer | $9,933,438 |
| Joseph Fisher | Former President, Chief Financial Officer, and Chief Investment Officer | $9,580,410 |
| David Bragg | Senior Vice President – Chief Financial Officer | $4,115,051 |
| Michael Lacy · this page | Senior Vice President – Chief Operating Officer | $2,909,813 |
| Keith Benson | Senior Vice President – Chief Legal Officer | $1,880,508 |
The full UDR compensation record
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Compensation, the day it’s disclosed
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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 UDR'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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