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Beazer Homes USA Executive Compensation (FY25)

BZH · Atlanta, GA · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): February 5, 2026
199 figures on this page: 188 cited to the filing that reported them, 11 calculated from figures it prints. See the citations
Chief executive, fiscal 2025
◇
Allan Merrill
Latest say-on-pay support
=
February 5, 2026
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Allan Merrill: $5,296,988 → $6,367,213 (20.2% higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Beazer Homes USA's chief executive and what were they paid?
Allan Merrill was paid $6,367,213 in total compensation as Chairman and Chief Executive Officer for fiscal 2025. Compared with the $5,296,988 reported for fiscal 2024, Merrill's total was 20.2% higher.
What was Beazer Homes USA's say-on-pay result?
The say-on-pay proposal drew 87.2% of votes cast including abstentions in favor at the meeting held February 5, 2026 for fiscal 2025.
Which companies are in Beazer Homes USA's peer group?
The disclosed peer group includes Century Communities, Inc., Dream Finders Homes, Inc., Green Brick Partners, Inc., Hovnanian Enterprises, Inc. and KB Home, among others.

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
Allan Merrill
President, Chief Executive Officer and Chairman
◇—◇—◇—◇◇
Keith Belknap
Executive Vice President, General Counsel and Secretary
◇—◇—◇—◇◇
David Goldberg
Senior Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Allan Merrill
Chairman and Chief Executive Officer
◇—◇—◇—◇◇
Keith Belknap
Executive Vice President and General Counsel
◇—◇—◇—◇◇
David Goldberg
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Allan Merrill
Chairman, President and Chief Executive Officer
◇—◇—◇—◇◇
David Goldberg
Senior Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Keith Belknap
Former Executive Vice President and General Counsel
Departed during or after this year
◇—◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Allan Merrill
Chairman and Chief Executive Officer
◇◇◇—◇—◇◇
David Goldberg
Executive Vice President and Chief Financial Officer
◇◇◇◇◇—◇◇
Michael Dunn
Senior Vice President and General Counsel
◇◇◇◇◇—◇◇
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
Allan P. MerrillRSU◇——◇——◇
Allan P. MerrillPSU◇—◇—◇—◇
David I. GoldbergRSU◇——◇——◇
David I. GoldbergPSU◇—◇—◇—◇
Michael A. DunnPSU◇—◇—◇—◇
Michael A. DunnRSU◇——◇——◇
Fiscal 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 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
David GoldbergRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Option◇—◇2/7/2033
Allan MerrillRSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
Michael DunnRSU◇◇——
RSU◇◇——
Option◇—◇2/7/2033
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
RSU◇◇——
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
Norma A. Provencio
Lead independent director
◇◇————◇
Peter M. Orser
◇◇————◇
Lloyd E. Johnson
◇◇————◇
Alyssa P. Steele
◇◇————◇
C. Christian Winkle
◇◇————◇
Danny R. Shepherd
◇◇————◇
John J. Kelley III
◇◇————◇
June Sauvaget
◇◇————◇
Allan P. Merrill 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◇

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2025
  • Century Communities, Inc. CCS
  • Dream Finders Homes, Inc. DFH
  • Green Brick Partners, Inc. GRBK
  • Hovnanian Enterprises, Inc. HOV
  • KB Home KBH
  • Landsea Homes Corporation LSEA
  • LGI Homes, Inc. LGIH
  • M/I Homes, Inc. MHO
  • Meritage Homes Corporation MTH
  • Smith Douglas Homes Corp SDHC
  • Taylor Morrison Home Corp. TMHC
  • TRI Pointe Group, Inc. TPH

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025February 5, 2026=◇◇◇
2024February 6, 2025=◇◇◇
2023February 8, 2024=◇◇◇
2022February 9, 2023=◇◇◇
2021February 2, 2022=◇◇◇
2020February 3, 2021=◇◇◇
2019February 5, 2020=◇◇◇
2018February 6, 2019=◇◇◇
2017February 1, 2018=◇◇◇
2016February 3, 2017=◇◇◇
2015February 2, 2016=◇◇◇
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What this page does not include

Everything above is a fact Beazer Homes USA disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Beazer Homes USA sits against its disclosed peers — percentile position by role and by pay element, and the ranking behind it. The disclosed peer group is free; comparisons across it are part of the Velarion platform.
Executive Compensation Report — $1,500
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.
199 figures on this page: 188 cited to the filing that reported them, 11 calculated from figures it prints.
188 cited to the filing
11 calculated from the filing

Documents cited

  1. 0000915840-26-000023
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0000915840-25-000095
    ADDITIONAL ANNUAL DIRECTOR COMPENSATION · DIRECTOR COMPENSATION TABLE · Grants of Plan-Based Awards Table · Non-Employee Director Compensation · and 2 more sections
  3. 0000915840-25-000009
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0000915840-24-000126
    SUMMARY COMPENSATION TABLE
  5. 0000915840-24-000020
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0000915840-23-000086
    SUMMARY COMPENSATION TABLE · Summary Compensation Table
  7. 0000915840-23-000011
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0000915840-22-000014
    Item 5.07 Submission of Matters to a Vote of Security Holders
  9. 0000915840-21-000013
  10. 0000915840-20-000019
  11. 0000915840-19-000015
  12. 0000915840-18-000009
    Item 5.07 Submission of Matters to a Vote of Security Holders
  13. 0000915840-17-000010
    Item 5.07 Submission of Matters to a Vote of Security Holders
  14. 0000915840-16-000071
    Item 5.07 Submission of Matters to a Vote of Security Holders
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This page is free to cite. Attribution we ask for:
Velarion, “Beazer Homes USA executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/BZH (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

Peers Beazer Homes USA discloses

The companies named in BZH's own disclosed peer group.

Century Communities, Inc.Dream Finders Homes, Inc.Green Brick Partners, Inc.Hovnanian Enterprises, Inc.KB HomeLGI Homes, Inc.M/I Homes, Inc.Meritage Homes CorporationSmith Douglas Homes CorpTaylor Morrison Home Corp.

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