Real Estate

Sila Realty Trust Executive Compensation (FY24)

Name: Sila Realty Trust (SILA) executive compensation
Creator: Velarion
License: https://intel.velarion.ai/terms

SILA · Tampa, FL · Executive and director compensation, fiscal 2022 to 2024

Chief executive, fiscal 2024

◇

Michael Seton

Latest say-on-pay support

May 21, 2025

Chief executive pay ratio

◇

To the median employee

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Data as of October 17, 2026Latest filing (8-K): May 21, 2025

5 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

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191 figures on this page: 187 cited to the filing that reported them, 4 calculated from figures it prints. See the citations

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

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Michael Seton President and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
Kay Neely Executive Vice President, Chief Financial Officer, Treasurer and Secretary	◇	—	◇	—	◇	—	◇	◇
Jon Sajeski Former Chief Investment Officer	◇	—	◇	—	◇	—	◇	◇
Robert Labenski Former Chief Accounting Officer	◇	—	◇	—	◇	—	◇	◇

Fiscal 2023

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
Michael Seton President and Chief Executive Officer	◇	—	◇	—	◇	—	◇	◇
Kay Neely Executive Vice President, Chief Financial Officer, Treasurer and Secretary	◇	—	◇	—	◇	—	◇	◇
Jon Sajeski Former Chief Investment Officer	◇	—	◇	—	◇	—	◇	◇
Robert Labenski Former Chief Accounting Officer	◇	—	◇	—	◇	—	◇	◇

Fiscal 2024

Officer	Salary	Bonus	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
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

Officer	Award	Grant date	Threshold units	Target units	Units granted	Maximum units	Exercise price	Grant date fair value
Christopher K. Flouhouse	PSU	◇	◇	◇	—	◇	—	◇
Christopher K. Flouhouse	RSU	◇	—	—	◇	—	—	◇
Jon C. Sajeski	PSU	◇	◇	◇	—	◇	—	◇
Jon C. Sajeski	RSU	◇	—	—	◇	—	—	◇
Kay C. Neely	PSU	◇	◇	◇	—	◇	—	◇
Kay C. Neely	RSU	◇	—	—	◇	—	—	◇
Michael A. Seton	PSU	◇	◇	◇	—	◇	—	◇
Michael A. Seton	RSU	◇	—	—	◇	—	—	◇
Robert R. Labenski	RSU	◇	—	—	◇	—	—	◇
Robert R. Labenski	PSU	◇	◇	◇	—	◇	—	◇

Fiscal 2022, 2023 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

Officer	Award	Unvested units	Market value of unvested units	Exercise price	Expires
Kay Neely	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
	RSU	◇	◇	—	—
Christopher Flouhouse	PSU	◇	◇	—	—
	RSU	◇	◇	—	—
Michael Seton	RSU	◇	◇	—	—
	PSU	◇	◇	—	—
	RSU	◇	◇	—	—

A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Severance and change in control

The terms as written in the agreements.

Christopher Flouhouse

Executive Vice President and Chief Investment Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing

Severance multiple	◇
Change-in-control multiple	◇
Equity acceleration on change in control	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Jon Sajeski

Former Chief Investment Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing

Severance multiple

◇

Kay Neely

Executive Vice President, Chief Financial Officer, Treasurer and Secretary · Terms as described in the company’s compensation discussion · citing a 2025 filing

Severance multiple	◇
Severance cash amount	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Michael Seton

President and Chief Executive Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing

Severance multiple	◇
Severance cash amount	◇
Change-in-control multiple	◇
Benefits continuation on change in control	◇
Benefits continuation	◇
Non-compete period	◇
Non-solicit period	◇

Robert Labenski

Former Chief Accounting Officer · Terms as described in the company’s compensation discussion · citing a 2025 filing

Severance multiple	◇
Severance cash amount	◇

Director compensation

What each non-employee director was paid.

Fiscal 2024

Director	Fees earned in cash	Stock awards	Option awards	Non-equity incentive	Pension and deferred earnings	All other compensation	Total
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	◇
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 Shares.

Stock ownership guideline: As described above, the Company maintains minimum stock ownership requirements for directors.

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. XRN
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.

Year	Meeting	Support	Votes for	Votes against	Abstentions
2024	May 21, 2025	=	◇	◇	◇
2023	June 26, 2024	=	◇	◇	◇
2022	May 31, 2023	=	◇	◇	◇
2020	July 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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Sample answer — “What is the CEO’s total compensation?”

- Michael Seton (President and Chief Executive Officer), FY2024 total compensation $5,510,455 (base salary $825,000) [exec_comp, SEC accession 0001567925-25-000036, filed 2025-04-04]

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 — $499

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.

191 figures on this page: 187 cited to the filing that reported them, 4 calculated from figures it prints.

187 cited to the filing

4 calculated from the filing

Documents cited

8-K, filed May 21, 2025
0001567925-25-000047
PROPOSAL NO. 2 — NON-BINDING ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION The voting results with respect to the approval (on a non-binding advisory basis) of the Company's named executive of
DEF 14A, filed April 4, 2025
0001567925-25-000036
CEO Pay Ratio · Compensation Discussion and Analysis
8-K, filed June 26, 2024
0001567925-24-000061
PROPOSAL NO. 2 NON-BINDING ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION
8-K, filed May 31, 2023
0001567925-23-000033
Item 5.07 Submission of Matters to a Vote of Security Holders
8-K, filed July 9, 2021
0001567925-21-000046
Item 5.07 Submission of Matters to a Vote of Security Holders

Cite this data

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Velarion, “Sila Realty Trust executive compensation, FY2022–FY2024.” https://intel.velarion.ai/comp/SILA (accessed 2026).

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The paid brief for Sila Realty Trust

Positioning against its disclosed peers, the governance read, incentive design, and the CD&A alignment analysis; the full peer table; a committee-ready PDF.

$1,500 for the Executive Compensation Report. Both reports for $2,400.

Get the executive brief Get the board briefNo account needed.

5 filings cited on this page

Method: intel.velarion.ai/methodology

A report that fails to generate is refunded in full

Published by Velarion Company Intelligence

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Real Estate rankings

Chief executive pay — Real Estate CEO pay ratio — Real Estate Say-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 Incorporated Easterly Government Properties, Inc.Essential Properties Realty Trust, Inc.Four Corners Property Trust, Inc.Global Medical REIT Inc.InvenTrust Properties Corp.LTC Properties, Inc.LXP Industrial Trust NETSTREIT Corp.Sabra Health Care REIT, Inc.

Terms on this page

Say-on-Pay Vote CEO Pay Ratio Median Employee Compensation All companies

Free to read and cite. Redistribution or bulk use of the dataset requires a data license. Talk to us about the data license.

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}
}

More on Sila Realty Trust

Frequently asked questions

Executive compensation

Equity awards granted

Outstanding awards

Severance and change in control

Director compensation

Director fee schedule

Disclosed peer group

Say-on-pay history

Chief executive pay ratio

Velarion Pro: every company page, peer tools and exports, one seat

What this page does not include

Citations

Documents cited

The paid brief for Sila Realty Trust

Real Estate rankings

Peers Sila Realty Trust discloses

Terms on this page