Peter Schultz compensation by year
First Industrial Realty Trust Summary Compensation Table · all 7 fiscal years held| Component | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|
| Salary | $250,000 | $320,000 | $365,000 | $415,000 | $434,000 | $451,500 | $488,000 |
| Bonus | — | $0 | — | $0 | $0 | $0 | — |
| Stock awards | $450,667 | $933,846 | $645,953 | $791,468 | $928,899 | $955,310 | $1,509,233 |
| Option awards | — | $0 | — | $0 | $0 | $0 | — |
| Non-equity incentive | $393,750 | $415,000 | $940,000 | $871,500 | $951,500 | $993,500 | $1,103,000 |
| Pension and deferred compensation | — | $0 | — | $0 | $0 | $0 | — |
| All other | $24,106 | $24,296 | $27,464 | $28,298 | $32,438 | $36,538 | $36,838 |
| Total | $1,118,523 | $1,693,142 | $1,978,417 | $2,106,266 | $2,346,837 | $2,436,848 | $3,137,071 |
Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: First Industrial Realty Trust Inc. DEF 14A filed March 30, 2026, accession 0000921825-26-000041, and prior-year filings. Open the filing on EDGAR.
Equity holdings
unvested awards at FY2025 year-end| Type | Unvested units | Value at year-end | Exercise price |
|---|---|---|---|
| PSU | 50,827 | $2,910,862 | — |
| PSU | 23,600 | $1,351,572 | — |
| RSU | 14,619 | $837,230 | — |
| RSU | 6,589 | $377,352 | — |
Per the Outstanding Equity Awards at Fiscal Year-End table in First Industrial Realty Trust Inc.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.
First Industrial Realty Trust’s named executive officers, FY2025
as the company reported each| Named executive officer | Role | FY2025 total |
|---|---|---|
| Peter Baccile | President and Chief Executive Officer | $8,288,366 |
| Johannson Yap | Chief Investment Officer and Executive Vice President West Region | $3,947,045 |
| Peter Schultz · this page | Executive Vice President East Region | $3,137,071 |
| Scott Musil | Chief Financial Officer | $2,418,309 |
| Jennifer Matthews Rice | General Counsel and Secretary | $1,568,871 |
The full First Industrial Realty Trust 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 First Industrial Realty Trust'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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