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Sila Realty Trust Executive Compensation (FY24)

SILA · Tampa, FL · Executive and director compensation, fiscal 2022 to 2024
Data as of September 7, 2026Latest filing (8-K): May 21, 2025
131 figures on this page: 127 cited to the filing that reported them, 4 calculated from figures it prints. See the citations
Michael Seton, President and Chief Executive Officer, received $5,510,455 in total compensation for fiscal 2024, and Seton's total moved 0.2% higher from the $5,501,420 reported for fiscal 2023. Meanwhile, the disclosed chief executive pay ratio for fiscal 2024 is 40:1, against median employee compensation of $136,348. Separately, for fiscal 2024, shareholders backed the say-on-pay proposal with 95.4% of votes cast for or against in favor at the meeting held May 21, 2025. The disclosed peer group names American Healthcare REIT, Inc., Broadstone Net Lease, Inc., CareTrust REIT, Inc., Community Healthcare Trust Incorporated and Easterly Government Properties, Inc., among others.
Chief executive, fiscal 2024
◇
Michael Seton
Latest say-on-pay support
=
May 21, 2025
Chief executive pay ratio
◇
To the median employee
What changed from fiscal 2023 to fiscal 2024
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Michael Seton: $5,501,420 → $5,510,455 (0.2% higher)
Say-on-pay support: 79.2% → 95.4% (16.2 points higher)
CEO pay ratio: 51:1 → 40:1 (21.6% lower)

Frequently asked questions

Answers drawn from the data on this page.
Who is Sila Realty Trust's chief executive and what were they paid?
Michael Seton, President and Chief Executive Officer, received $5,510,455 in total compensation for fiscal 2024. Seton's total moved 0.2% higher from the $5,501,420 reported for fiscal 2023.
What was Sila Realty Trust's say-on-pay result?
For fiscal 2024, shareholders backed the say-on-pay proposal with 95.4% of votes cast for or against in favor at the meeting held May 21, 2025.
Which companies are in Sila Realty Trust's peer group?
The disclosed peer group names American Healthcare REIT, Inc., Broadstone Net Lease, Inc., CareTrust REIT, Inc., Community Healthcare Trust Incorporated and Easterly Government Properties, Inc., among others.
What is Sila Realty Trust's chief executive pay ratio?
The disclosed chief executive pay ratio for fiscal 2024 is 40:1, against median employee compensation of $136,348.

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
Michael Seton
President and Chief Executive Officer
◇—◇—◇—◇◇
Kay Neely
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Jon Sajeski
Former Chief Investment Officer
Departed during or after this year
◇—◇—◇—◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Seton
President and Chief Executive Officer
◇—◇—◇—◇◇
Kay Neely
Executive Vice President and Chief Financial Officer
◇—◇—◇—◇◇
Jon Sajeski
Former Chief Investment Officer
Departed during or after this year
◇—◇—◇—◇◇
Robert Labenski
Former Chief Accounting Officer
Departed during or after this year
◇—◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Michael Seton
President and Chief Executive Officer
◇—◇—◇—◇◇
Kay Neely
Executive Vice President, Chief Financial Officer, Treasurer and Secretary
◇—◇—◇—◇◇
Christopher Flouhouse
Executive Vice President and Chief Investment Officer
◇—◇—◇—◇◇
Jon Sajeski
Former Chief Investment Officer
Departed during or after this year
◇—◇———◇◇
Robert Labenski
Former Chief Accounting Officer
Departed during or after this year
◇—◇———◇◇
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 2024
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christopher K. FlouhouseRSU◇——◇——◇
Jon C. SajeskiRSU◇——◇——◇
Kay C. NeelyRSU◇——◇——◇
Michael A. SetonRSU◇——◇——◇
Robert R. LabenskiRSU◇——◇——◇
Fiscal 2022 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 2024 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Michael SetonPSU◇———
RSU◇◇——
Kay NeelyRSU◇◇——
PSU◇———
Christopher FlouhouseRSU◇◇——
PSU◇———
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 2024
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jonathan Kuchin
◇◇———◇◇
Z. Jamie Behar
◇◇———◇◇
Roger Pratt
◇◇———◇◇
Adrienne Kirby
◇◇———◇◇
Verett Mims
◇◇———◇◇
Michael A. Seton served on the board in fiscal 2024 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
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◇
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.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.
Fiscal 2024
  • American Healthcare REIT, Inc. AHR
  • Broadstone Net Lease, Inc. BNL
  • CareTrust REIT, Inc. CTRE
  • Community Healthcare Trust Incorporated CHCT
  • Easterly Government Properties, Inc. DEA
  • Essential Properties Realty Trust, Inc. EPRT
  • Four Corners Property Trust, Inc. FCPT
  • Global Medical REIT Inc. symbol not shown
  • InvenTrust Properties Corp. IVT
  • LTC Properties, Inc. LTC
  • LXP Industrial Trust LXP
  • NETSTREIT Corp. NTST
  • Sabra Health Care REIT, Inc. SBRA

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2024May 21, 2025=◇◇◇
2023June 26, 2024=◇◇◇
2022May 31, 2023=◇◇◇
2020July 8, 2021=◇◇◇

Chief executive pay ratio

As calculated and reported by the company.
Ratio
◇
Median employee compensation
◇
Chief executive total compensation
◇
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What this page does not include

Everything above is a fact Sila Realty Trust disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Peer benchmarking
Where Sila Realty Trust 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.
131 figures on this page: 127 cited to the filing that reported them, 4 calculated from figures it prints.
127 cited to the filing
4 calculated from the filing

Documents cited

  1. 0001567925-25-000047
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001567925-25-000036
    CEO Pay Ratio · Director Compensation · Grants of Plan-Based Awards · Outstanding Equity Awards at Fiscal Year-End · and 1 more section
  3. 0001567925-25-000037
    EACH OF THE SIX NOMINEES FOR ELECTION AS DIRECTORS.
  4. 0001567925-24-000061
    Item 5.07 Submission of Matters to a Vote of Security Holders
  5. 0001567925-24-000026
    Summary Compensation Table
  6. 0001567925-23-000033
    Item 5.07 Submission of Matters to a Vote of Security Holders
  7. 0001567925-23-000016
    Summary Compensation Table
  8. 0001567925-21-000046
    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, “Sila Realty Trust executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/SILA (accessed 2026).
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Real Estate rankings

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

Peers Sila Realty Trust discloses

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

American Healthcare REIT, Inc.Broadstone Net Lease, Inc.CareTrust REIT, Inc.Community Healthcare Trust IncorporatedEasterly Government Properties, Inc.Essential Properties Realty Trust, Inc.Four Corners Property Trust, Inc.InvenTrust Properties Corp.LTC Properties, Inc.LXP Industrial TrustNETSTREIT Corp.Sabra Health Care REIT, Inc.

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