President, Chairman and Chief Executive Officer · Black Stone Minerals, L.P. (BSM)

Thomas Carter

A named executive officer of Black Stone Minerals in every fiscal year CompBrief holds from FY2016 to FY2025. 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, FY2025

$4,787,678

FY2024: $4,733,947

1st of 6 named executive officers at Black Stone Minerals by FY2025 total.

6 named officers on file for Black Stone Minerals, FY2025

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What this number hides

The filing gives the total. Black Stone Minerals’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 30, 2026 (DEF 14A).

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Thomas Carter compensation by year

Black Stone Minerals Summary Compensation Table · all 10 fiscal years held
In US dollars, as Black Stone Minerals reports it. Most recent year shaded. Totals are the company’s disclosed totals.
ComponentFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Salary$669,500$669,500$669,500$669,500$332,096$433,317$433,317$454,983$470,907$485,034
Bonus$0$0$0$0$34,450$0$0$0$0$0
Stock awards$5,199,998$11,199,957$5,199,972$5,199,974$2,063,510$3,365,562$3,365,570$3,533,852$3,657,528$3,767,249
Option awards$0$0$0$0$0$0$0$0$0$0
Non-equity incentive$4,638,772$4,429,143$1,463,634$726,067$364,065$1,039,961$1,039,961$545,986$588,262$517,895
Pension and deferred compensation$0$0$0$0$0$0$0$0$0$0
All other$13,250$13,500$13,750$14,000$14,250$14,500$15,250$16,500$17,250$17,500
Total$10,521,520$16,312,100$7,346,856$6,609,541$2,808,371$4,853,340$4,854,098$4,551,321$4,733,947$4,787,678

Each year as stated in that year's proxy. A dash means the company reported no figure in that column. Source: Black Stone Minerals, L.P. DEF 14A filed April 30, 2026, accession 0001193125-26-197340, and prior-year filings. Open the filing on EDGAR.

How this page was built: the Black Stone Minerals, L.P. filed document, accession 0001193125-26-197340. Every figure is read from that document and cited to the page and table it appears in. Filed April 30, 2026.

$10.5M
$16.3M
$7.3M
$6.6M
$2.8M
$4.9M
$4.9M
$4.6M
$4.7M
$4.8M
FY16
FY17
FY18
FY19
FY20
FY21
FY22
FY23
FY24
FY25
SalaryBonusNon-equity incentiveStock awardsAll other

Equity holdings

unvested awards at FY2025 year-end
TypeUnvested unitsValue at year-endExercise price
PSU124,496$1,654,552—
PSU111,510$1,481,968—
PSU74,340$987,979—
PSU36,765$488,607—

Per the Outstanding Equity Awards at Fiscal Year-End table in Black Stone Minerals, L.P.'s FY2025 proxy; value at the fiscal year-end close, as the company printed it.

Black Stone Minerals’s named executive officers, FY2025

as the company reported each
Named executive officerRoleFY2025 total
Thomas Carter · this pagePresident, Chairman and Chief Executive Officer$4,787,678
Carrie ClarkFormer Senior Vice President and Chief Commercial Officer$3,005,123
L. Steve PutmanSenior Vice President, General Counsel, and Secretary$2,554,263
H. Taylor DeWalchSenior Vice President and Chief Financial Officer$2,180,761
Fowler CarterSenior Vice President, Corporate Development$1,173,442
Chris BonnerVice President, Chief Accounting Officer$528,698

Board service

Black Stone Minerals board · FY2023

How this board is paid

Company policy: Black Stone Minerals pays directors a $75,000 cash retainer and $200,000 in Common Units. As stated in Black Stone Minerals's FY2023 proxy.

The full Black Stone Minerals compensation record

free company brief

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

Peer companies

named in the Black Stone Minerals proxy · each links to its own free brief

Compensation, the day it’s disclosed

The CompBrief Daily Digest lists the newest executive and director compensation disclosures as companies file them. Or order Black Stone Minerals'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 Black Stone Minerals'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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Thomas Carter's compensation dossier