Company: SACH
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-042273
Chunk: 26

Company: Sachem Capital Corp.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 26
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 2024 | ​ | ​ | ​ | ​         | $ | 750,000 | ​ | ​ | ​ | ​        | $ | 300,000 | ​ | ​ | ​ | ​                 | $ | 506,712 | ​ | ​ | ​ | ​                        | $ | 426,332(2) | ​ | ​ | ​ | ​        | $ | 1,983,044 | ​ | ​ |
| Chairman of the Board, President, Chief Executive Officer and Director | ​ | ​ | ​    | ​ | 2023 | ​ | ​ | ​ | ​         | $ | 750,000 | ​ | ​ | ​ | ​        | $ | 337,500 | ​ | ​ | ​ | ​                 | $ | 506,544 | ​ | ​ | ​ | ​                        | $ | 114,392(3) | ​ | ​ | ​ | ​        | $ | 1,708,436 | ​ | ​ |
| Nicholas M. Marcello(4﻿)Former Chief Financial Officer                 | ​ | ​ | ​    | ​ | 2024 | ​ | ​ | ​ | ​         | $ | 249,520 | ​ | ​ | ​ | ​        | $ |  20,000 | ​ | ​ | ​ | ​                 | ​ |       — | ​ | ​ | ​ | ​                        | $ | 16,599(5)  | ​ | ​ | ​ | ​        | $ |   286,119 | ​ | ​ |

(1) Represents the grant date fair value of the restricted stock awards granted in 2024 and 2023. In each case, the amounts were determined in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) Topic 718 based on the closing price of our Common Shares on the date of grant. The value ultimately realized by the Named Executive Officers upon vesting of the awards may or may not be equal to this determined amount. (2) Represents (i) an auto allowance of $26,000 per annum, (ii) a one-time payment by the Company in the amount of $394,796 to cover the estimated tax liability for the restricted stock awards to Mr. Villano that vested in 2024, and (iii) reimbursements for insurance costs incurred totaling $5,536 pursuant to the terms of Mr. Villano’s employment agreement. (3) Represents