Real Estate
Dream Finders Homes Executive Compensation (FY25)
DFH · Jacksonville, FL · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): June 10, 2026
108 figures on this page: 103 cited to the filing that reported them, 5 calculated from figures it prints. See the citations
Patrick Zalupski was paid $10,227,930 in total compensation as President, Chief Executive Officer and Chairman of the Board for fiscal 2025, and Zalupski's total was 20.6% lower than the $12,879,808 reported for fiscal 2024. For fiscal 2025, the say-on-pay proposal drew 99.5% support at the meeting held June 8, 2026. Companies named in the disclosed peer group include Century Communities, Green Brick Partners, Hovnanian Enterprises, KB Home and LGI Homes, among others. For fiscal 2025, the company reported 2 named executive officers.
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 — Patrick Zalupski: $12,879,808 → $10,227,930 (20.6% lower)
Frequently asked questions
Answers drawn from the data on this page.
Who is Dream Finders Homes' chief executive and what were they paid?
Patrick Zalupski was paid $10,227,930 in total compensation as President, Chief Executive Officer and Chairman of the Board for fiscal 2025. Zalupski's total was 20.6% lower than the $12,879,808 reported for fiscal 2024.
What was Dream Finders Homes' say-on-pay result?
For fiscal 2025, the say-on-pay proposal drew 99.5% support at the meeting held June 8, 2026.
Which companies are in Dream Finders Homes' peer group?
Companies named in the disclosed peer group include Century Communities, Green Brick Partners, Hovnanian Enterprises, KB Home and LGI Homes, among others.
Executive compensation
Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Patrick Zalupski President Chief Executive Officer and Chairman of the Board | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
John Moran Former Senior Vice President and Chief Operating Officer Departed during or after this year | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
L. Patrick Ramsay Senior Vice President and Chief Financial Officer | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
Fiscal 2023
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Patrick Zalupski President, Chief Executive Officer and Chairman of the Board | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
J. Douglas Moran Former Senior Vice President and Chief Operating Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
L. Patrick Ramsay Senior Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2024
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Patrick Zalupski President, Chief Executive Officer and Chairman of the Board | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
John Moran Former Senior Vice President and Chief Operating Officer Departed during or after this year | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
L. Patrick Ramsay Senior Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
Fiscal 2025
| Officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|---|
Patrick Zalupski President, Chief Executive Officer and Chairman of the Board | ◇ | — | ◇ | — | ◇ | — | ◇ | ◇ |
L. Patrick Ramsay Senior Vice President and Chief Financial Officer | ◇ | ◇ | ◇ | — | — | — | ◇ | ◇ |
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
| Officer | Award | Grant date | Threshold units | Target units | Units granted | Maximum units | Exercise price | Grant date fair value |
|---|---|---|---|---|---|---|---|---|
| L. Anabel Ramsay | RSU | ◇ | — | — | ◇ | — | — | ◇ |
| Patrick O. Zalupski | RSU | ◇ | — | — | ◇ | — | — | ◇ |
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
| Officer | Award | Unvested units | Market value of unvested units | Exercise price | Expires |
|---|---|---|---|---|---|
| Patrick Zalupski | RSU | ◇ | ◇ | — | — |
| L. Patrick Ramsay | 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
| Director | Fees earned in cash | Stock awards | Option awards | Non-equity incentive | Pension and deferred earnings | All other compensation | Total |
|---|---|---|---|---|---|---|---|
Leonard M. Sturm | ◇ | ◇ | — | — | — | — | ◇ |
Justin W. Udelhofen | ◇ | ◇ | — | — | — | — | ◇ |
Megha H. Parekh | ◇ | ◇ | — | — | — | — | ◇ |
William W. Weatherford | — | ◇ | — | — | — | — | ◇ |
W. Radford Lovett II | ◇ | ◇ | — | — | — | — | ◇ |
Patrick O. Zalupski 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 | ◇ |
| Audit committee chair | ◇ |
| Audit committee member | ◇ |
| Compensation committee chair | ◇ |
| Compensation committee member | ◇ |
| Nominating and governance chair | ◇ |
| Nominating and governance member | ◇ |
Equity is delivered as Restricted Stock.
Stock ownership guideline: 5x annual cash 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 CCS
- Green Brick Partners GRBK
- Hovnanian Enterprises HOV
- KB Home KBH
- LGI Homes LGIH
- M/I Homes MHO
- NVR NVR
- Smith-Douglas Homes SDHC
- Taylor Morrison TMHC
- TRI Pointe Homes TPH
Say-on-pay history
Shareholder support for the compensation program, by year.
| Year | Meeting | Support | Votes for | Votes against | Abstentions |
|---|---|---|---|---|---|
| 2025 | June 8, 2026 | = | ◇ | ◇ | ◇ |
| 2024 | June 9, 2025 | = | ◇ | ◇ | ◇ |
| 2023 | June 10, 2024 | = | ◇ | ◇ | ◇ |
| 2022 | May 22, 2023 | = | ◇ | ◇ | ◇ |
| 2021 | June 9, 2022 | = | ◇ | ◇ | ◇ |
What this page does not include
Everything above is a fact Dream Finders Homes disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Dream Finders Homes 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 — $1,500Written 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 — $1,500Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200Realizable 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 IntelligenceAdviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
Enquire about accessMultiple companies at once
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Velarion IntelligenceCitations
Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
108 figures on this page: 103 cited to the filing that reported them, 5 calculated from figures it prints.
103 cited to the filing
5 calculated from the filing
Documents cited
- 0001628280-26-042289
- 0001628280-26-025557Director Compensation · Grants of Plan-Based Awards · Grants of Plan-Based Awards During 2025 · Non-Employee Director Compensation · and 2 more sections
- 0001825088-25-000042Item 5.07. Submission of Matters to a Vote of Security Holders.
- 0001825088-25-000019Summary Compensation Table
- 0001825088-24-000047
- 0001825088-24-000024Summary Compensation Table
- 0001825088-23-000032
- 0001825088-23-000021Summary Compensation Table
- 0001825088-22-000010
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Dream Finders Homes executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/DFH (accessed 2026).
Short form: data: Velarion
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Real Estate rankings
Peers Dream Finders Homes discloses
The companies named in DFH's own disclosed peer group.
Terms on this page
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}
}