David M. Brain served as the CEO of EPR Properties from 2007 until his retirement in 2015. Under his leadership, the company focused on strategic investments in the real estate sector, particularly in areas related to entertainment, recreation, and education....

David M. Brain served as the CEO of EPR Properties from 2007 until his retirement in 2015. Under his leadership, the company focused on strategic investments in the real estate sector, particularly in areas related to entertainment, recreation, and education. While at EPR, Brain’s compensation was quite notable; in 2015, he received over $12 million, which included an $11.6 million severance package upon his retirement. His approach to compensation was interesting as he often opted to receive bonuses in the form of nonvested restricted shares, aligning his interests with the company and its shareholders. Brain's time at EPR saw the company navigating through tough economic times, yet it emerged with a steady growth in Funds From Operations (FFO), which was a key performance metric. He left behind a legacy of strong financial performance, guiding EPR Properties through various significant investments that shaped its future.

Quick Links

1. Rivals

2. Holdings

3. Insider Trading

4. Compensation History

5. Other EPR Properties CEOs

E

David M. Brain

Ex-CEO of EPR Properties

Education

Not specified

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

January 1, 1960 - 65 years ago

CEO of EPR Properties for

8 years 1 month (Feb 2007 - Mar 2015)

Previous Experience

Previous experience includes serving as Chief Executive Officer of EPR Properties since 2007.

Rivals

Competitors/colleagues of David M. Brain

E

Peter M. Mavoides

CEO of Essential Properties Realty Trust

2023 Compensation

Stock

$0.00

Salary

$700.00K

Bonus

$1.72K

Other

$20.00

Total Holdings

$10.13M

K

Steven P. Grimes

CEO of Kite Realty Group

2023 Compensation

Stock

$6.54M

Salary

$950.00K

Bonus

$2.85M

Other

$36.33K

Total Holdings

$16.22M

K

Conor C. Flynn

CEO of Kimco Realty

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$2.92M

Other

$26.34K

Total Holdings

$28.47M

R

Lisa Palmer

CEO of Regency Centers

2023 Compensation

Stock

$0.00

Salary

$1.00M

Bonus

$2.71M

Other

$20.22K

Total Holdings

$9.99M

R

John P. Case

CEO of Realty Income

2023 Compensation

Stock

$7.40M

Salary

$1.00M

Bonus

$4.06M

Other

$674.91K

Total Holdings

$9.09M

Holdings

See how much did David M. Brain make over time.

During his time as CEO, David Brain managed a substantial amount of equity through EPR Properties. At one point, his equity awards and options encompassed a market value exceeding $4.7 million. His decision to retire in 2015 led to a...

During his time as CEO, David Brain managed a substantial amount of equity through EPR Properties. At one point, his equity awards and options encompassed a market value exceeding $4.7 million. His decision to retire in 2015 led to a major shift, where all his previous equity grants became immediately vested, significantly boosting his financial portfolio. By the time he stepped down, he had securely positioned himself with lucrative holdings from successful long-term investments in the company, showcasing his ability to capitalize on the company’s growth.

Total Stock Sold

$5.96M

EPR

$5.96M

108,757 EPR shares

What if they kept their stock?

If David M. Brain didn't sell their stock, today they would have:
Extra EPR108,757 shares worth $2.43M.
This is -59.26% and $3.53M less than what they got when they sold the stock.

Charitable Transactions

EPR

5,270 shares

EPR

Recent Charitable Transactions

EPR

$64.22K

EPR at $45.87/share

Dec 5, 2012

Charity

EPR

$147.44K

EPR at $48.03/share

Dec 20, 2012

Charity

EPR

800 shares

EPR

Mar 21, 2011

Charity

Insider Trading

See recent insider trades of David M. Brain.

EPR

35,275 shares

EPR

Feb 20, 2015

Received

EPR

$855.90K

EPR at $57.06/share

Sep 8, 2014

Sale

EPR

$1.47M

EPR at $54.63/share

Jun 18, 2014

Sale

EPR

$827.27K

EPR at $53.52/share

Mar 5, 2014

Sale

EPR

69,052 shares

EPR

Feb 18, 2014

Received

EPR

$17.60K

EPR at $58.66/share

Dec 31, 2013

Sale

EPR

$1.75M

EPR at $58.21/share

Dec 5, 2012

Sale

EPR

$777.06K

EPR at $51.80/share

Mar 21, 2013

Sale

EPR

$2.33M

EPR at $47.21/share

Feb 21, 2013

Received

EPR

$64.22K

EPR at $45.87/share

Dec 5, 2012

Charity

Compensation History

See how much did David M. Brain make over time.

Throughout his tenure, David Brain's compensation reflected the company's performance and his personal contributions. He started with a base salary around $500,000, which increased to over $622,000 by his final year. In 2014, he earned approximately $3.4 million, with a significant portion coming from performance bonuses and restricted shares instead of cash. This strategy allowed him to bolster his investment in EPR Properties while incentivizing long-term growth. His retirement agreement assured him a lump sum of $11.58 million and continued health benefits, demonstrating the above-average financial rewards for high-level executive positions after serving a crucial role within the company.

Year

2015

Total Compensation

$12.40M

Salary

$622.33K

Board Justification

The compensation philosophy seeks to attract and retain quality executives, aligning their interests with those of shareholders, and motivating them to achieve superior performance.

Bonus

$0.00

Board Justification

Mr. Brain did not participate in the AI for 2015 due to his retirement.

Other

$11.78M

Board Justification

This includes a lump sum payment of $11,580,126 and a payment of $159,685 for health plan coverage for three years, as per his Retirement Agreement.

Restricted Stock

$0.00(0 common stock)

Board Justification

All of Mr. Brain's then-outstanding equity grants under the Company's 2007 Equity Incentive Plan became immediately vested or exercisable due to his retirement, but no specific stock value is provided for 2015.

Performance Metrics

The performance metrics for 2015 included growth in FFO as adjusted and investment spending.

Other EPR Properties CEOs

Here are other CEOs of EPR Properties

Gregory K. Silvers

CEO of EPR Properties

February 2015 - Present