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Amrep Executive Compensation (FY26)

AXR · Havertown, PA · Executive and director compensation, fiscal 2022 to 2026
Data as of September 7, 2026Latest filing (DEF 14A): August 4, 2026
110 figures on this page: 101 cited to the filing that reported them, 9 calculated from figures it prints. See the citations
Disclosures span fiscal 2022 through fiscal 2026. The fiscal 2026 disclosure covers 2 named executive officers, and Christopher Vitale, Chief Executive Officer and President of the Company, received $734,100 in total compensation for fiscal 2026, while Vitale's total moved 6.6% higher from the $688,800 reported for fiscal 2025. Shareholders recorded 95.3% support for the say-on-pay proposal at the meeting held September 11, 2025 for fiscal 2025.
Chief executive, fiscal 2026
◇
Christopher Vitale
Latest say-on-pay support
=
September 11, 2025
What changed from fiscal 2025 to fiscal 2026
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Christopher Vitale: $688,800 → $734,100 (6.6% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Amrep's chief executive and what were they paid?
Christopher Vitale, Chief Executive Officer and President of the Company, received $734,100 in total compensation for fiscal 2026. Vitale's total moved 6.6% higher from the $688,800 reported for fiscal 2025.
What was Amrep's say-on-pay result?
Shareholders recorded 95.3% support for the say-on-pay proposal at the meeting held September 11, 2025 for fiscal 2025.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Christopher Vitale
President and Chief Executive Officer of the Company
◇—◇—◇—◇◇
Adrienne Uleau
Vice President, Finance and Accounting of the Company
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Christopher Vitale
CEO
◇◇◇———◇◇
Adrienne Uleau
CFO
◇◇◇———◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Christopher Vitale
President and Chief Executive Officer of the Company
◇◇◇———◇◇
Adrienne Uleau
Chief Financial Officer and Vice President of the Company
◇◇◇———◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Christopher Vitale
Chief Executive Officer and President of the Company
◇◇◇———◇◇
Adrienne Uleau
Chief Financial Officer and Vice President of the Company
◇◇◇———◇◇
Fiscal 2026
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Christopher Vitale
Chief Executive Officer and President of the Company
◇◇◇———◇◇
Adrienne Uleau
Chief Financial Officer and Vice President of the Company
◇◇◇———◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Adrienne UleauOTHER——————◇
Christopher VitaleOTHER——————◇
Fiscal 2022, 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2026 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Christopher VitaleOption◇—◇—
PSU◇◇——
Adrienne UleauPSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Edward B. Cloues II
Board chair
◇◇————◇
Edward B. Cloues, II
Board chair
◇◇————◇
Robert E. Robotti
◇◇————◇
Albert V. Russo
◇◇————◇
Christopher V. Vitale served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Board chair premium◇
Equity is delivered as Deferred Stock Units.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025September 11, 2025=◇◇◇
2024September 12, 2024=◇◇◇
2022September 8, 2022=◇◇◇
2021September 9, 2021=◇◇◇
2020September 10, 2020=◇◇◇
2019September 12, 2019=◇◇◇
2018September 13, 2018=◇◇◇
2017September 14, 2017=◇◇◇
2016September 13, 2016=◇◇◇
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What this page does not include

Everything above is a fact Amrep disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
110 figures on this page: 101 cited to the filing that reported them, 9 calculated from figures it prints.
101 cited to the filing
9 calculated from the filing

Documents cited

  1. 0001104659-26-090418
    COMPENSATION OF EXECUTIVE OFFICERS · THE BOARD OF DIRECTORS AND ITS COMMITTEES &
  2. 0001104659-25-089563
    Item 5.07 Submission of Matters to a Vote of Security Holders
  3. 0001104659-24-099835
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001104659-24-084927
    Summary Compensation Table
  5. 0001104659-25-073664
    COMPENSATION OF DIRECTORS & · COMPENSATION OF EXECUTIVE OFFICERS
  6. 0001104659-23-086818
    COMPENSATION OF EXECUTIVE OFFICERS
  7. 0001104659-22-098553
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001104659-21-114687
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0001104659-20-104434
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001144204-19-044588
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001144204-18-049350
    Item 5.07 Submission of Matters to a Vote of Security Holders
  12. 0001144204-17-048515
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0001144204-16-124135
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Amrep executive compensation, FY2022–FY2026.” https://intel.velarion.ai/comp/AXR (accessed 2026).
Short form: data: Velarion
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Real Estate rankings

Chief executive pay — Real EstateCEO pay ratio — Real EstateSay-on-pay support — Real Estate

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy