President and Chief Executive Officer · Elme Communities (ELME)

Paul McDermott

A named executive officer of Elme Communities in every fiscal year CompBrief holds from FY2016 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

$3,980,371

FY2023: $3,707,826

1st of 5 named executive officers at Elme Communities by FY2024 total.

5 named officers on file for Elme Communities, FY2024

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What this number hides

The filing gives the total. Elme Communities’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 April 17, 2025 (DEF 14A). Insider transactions since that proxy, current to 2026-11-06.

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Paul McDermott compensation by year

Elme Communities Summary Compensation Table · all 9 fiscal years held
In US dollars, as Elme Communities reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024
Salary$575,000$650,000$650,000$650,000$750,000$750,000$750,000$750,000$750,000
Bonus$0$0$0$0$823,125$0$0$0$0
Stock awards$1,093,866$4,857,079$1,892,157$1,886,378$2,846,612$2,092,080$3,423,365$1,979,304$2,081,671
Option awards$0$0$0$0$0$0$0$0$0
Non-equity incentive$969,191$1,235,000$848,250$1,178,125$0$1,410,000$942,000$815,250$990,000
Pension and deferred compensation$0$0$0$0$0$0$0$0$0
All other$127,591$153,705$158,590$160,754$179,160$164,176$163,752$163,272$158,700
Total$2,765,648$6,895,784$3,548,997$3,875,257$4,598,897$4,416,260$5,279,117$3,707,826$3,980,371

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Elme Communities DEF 14A filed April 17, 2025, accession 0000104894-25-000041, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Elme Communities filed document, accession 0000104894-25-000041. Every figure is read from that document and cited to the page and table it appears in. Filed April 17, 2025.

$2.8M
$6.9M
$3.5M
$3.9M
$4.6M
$4.4M
$5.3M
$3.7M
$4.0M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2024 year-end
TypeUnvested unitsValue at year-endExercise price
RSU153,164$2,338,814—
PSU101,572$1,551,000—

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

Insider transactions since the last proxy

13 Form 4 lines since the FY2024 proxy (filed April 17, 2025)
current to 2026-11-06 · updated nightly
DateTransactionPlanSharesPriceHeld after
2025-11-19Tax withholding—58,427$16.61785,967
2025-11-19Grant or award—149,006$0.00718,362
2025-11-19Grant or award—149,006$0.00867,368
2025-11-19Grant or award—120,966$0.00988,334
2025-11-19Tax withholding—71,970$16.61916,364
2025-11-19Tax withholding—71,970$16.61844,394
2025-11-12Tax withholding—48,300$16.61569,356
2025-11-12Tax withholding—9,085$16.61660,675

The 8 most recent of 13 lines, each as reported on the Form 4. "10b5-1" marks a trade the filing reports under a pre-arranged trading plan. View every Form 4 filing on EDGAR →

Elme Communities’s named executive officers, FY2024

as the company reported each
Named executive officerRoleFY2024 total
Paul McDermott · this pagePresident and Chief Executive Officer$3,980,371
Tiffany ButcherExecutive Vice President and Chief Operating Officer$1,713,120
Steven FreishtatExecutive Vice President and Chief Financial Officer$1,057,590
Susan GerockSenior Vice President and Chief Information Officer$1,014,975
William HammondSenior Vice President, Chief Administrative Officer and Treasurer$881,748

Board service

Elme Communities board · FY2022–FY2024

How this board is paid

Company policy: Elme Communities pays directors a $55,000 cash retainer and $100,000 in Common Shares. As stated in Elme Communities's FY2024 proxy.

The full Elme Communities compensation record

free company brief

This page is one person within Elme Communities'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 Elme Communities'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 Elme Communities'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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Paul McDermott's compensation dossier