In 2023, John D. Moragne earned $1.80M in total compensation at Broadstone Net Lease, including $575.00K salary and $1.14M bonus. Most recently acquired 11,275 shares in Mar 2024. Currently holds stock worth $7.84M. 2+ years at the helm of Broadstone Net Lease.
Compensation History
Annual executive compensation data for John D. Moragne, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$1.80M
Salary
$575.00K
Bonus
$1.14M
Other
$83.71K
Salary
$575.00KBoard Justification
The compensation program is designed to attract and retain leadership, linking pay to performance and aligning with stockholder interests through a mix of fixed and variable compensation.
Bonus
$1.14MBoard Justification
The annual cash bonus for 2023 was based on achieving objective financial performance goals and certain strategic priorities, with a target bonus of 120% of base salary.
Other Compensation
$83.71KBoard Justification
Other compensation includes 401(k) matching contributions, dividends received on unvested restricted shares, health savings account contributions, and a mobile phone stipend.
Restricted Stock
Board Justification
No stock grants vested in 2023 as the performance-based restricted stock units are subject to a three-year performance period ending February 28, 2026.
Performance Metrics
The performance metrics for 2023 included Adjusted Funds From Operations (AFFO) per share, net debt to annualized adjusted EBITDAre, and economic occupancy.
John D. Moragne
CEO of Broadstone Net Lease
Education
B.A. from SUNY Geneseo; J.D. from The George Washington University Law School.
Field of Expertise
Legal & Compliance - Law
Sector of Economy
Real Estate
Born
January 1, 1983 - 42 years ago
CEO of Broadstone Net Lease for
2 years 9 months (Feb 2023 - Present)
Previous Experience
Executive Vice President and Chief Operating Officer of Broadstone Net Lease, Inc.
Other Broadstone Net Lease CEOs
Holdings
Track John D. Moragne's stock holdings and portfolio value over time.
Insider Trading
John D. Moragne's recent stock transactions, purchases, and sales filed with the SEC.
11,275 shares
BNL
Mar 7, 2024
Received
212,977 shares
BNL
Feb 28, 2024
Received
$147.69K
BNL at $14.77/share
Feb 26, 2024
Purchase
$100.02K
BNL at $16.72/share
Mar 17, 2023
Purchase
44,665 shares
BNL
Feb 28, 2023
Received
$359.96K
BNL at $22.04/share
Feb 28, 2022
Received
$187.77K
BNL at $21.25/share
Sep 23, 2021
Received
$56.33K
BNL at $21.25/share
Jul 16, 2021
Received
$37.55K
BNL at $21.25/share
Jun 22, 2021
Received
15,046 shares
BNL
Mar 1, 2021
Received
Rivals
Compare John D. Moragne with competitor CEOs and industry peers.
William H. Lenehan
CEO of Four Corners Property Trust
2023 Compensation
Stock
$167.50K
Salary
$670.00K
Bonus
$837.50K
Other
$254.28K
Total Holdings
$32.32M
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
$10.19M
Jason E. Fox
CEO of W.P. Carey Inc.
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$1.50M
Other
$33.00K
Total Holdings
$4.95K
John P. Case
CEO of Realty Income
2023 Compensation
Stock
$7.40M
Salary
$1.00M
Bonus
$4.06M
Other
$674.91K
Total Holdings
$434.64K
Sumit Roy
CEO of Realty Income
2023 Compensation
Stock
$5.96M
Salary
$1.00M
Bonus
$4.06M
Other
$674.91K
Total Holdings
$40.70M