Company: SACH
Filing Date: 2025-04-30
Form Type: DEF 14A
Source: 0001104659-25-042273
Chunk: 57

Company: Sachem Capital Corp.
Filing Date: 2025-04-30
Form: DEF 14A
Chunk 57
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. Upon receipt of cash in settlement of a cash-based award, a participant generally will recognize ordinary income equal to the cash received, and the Company (or a subsidiary) generally will be allowed a corresponding federal income tax deduction at that time, subject to potential deduction limitations under Sections 162(m) and 280G of the Code. Dividends and Dividend Equivalents . Recipients of stock-based awards that earn dividends or dividend equivalents will recognize taxable ordinary income on any dividend and dividend equivalent payments received with respect to such awards, which income is subject to withholding for U.S. federal income and employment tax purposes. The Company (or a subsidiary) generally is entitled to an income tax deduction in the amount of the income recognized by a participant, subject to possible limitations imposed by Sections 162(m) or 280G of the Code and so long as the Company withholds the appropriate taxes with respect to such income, if required, and the individual’s total compensation is deemed reasonable in amount. Compliance with Section 409A of the Code . To the extent applicable, it is intended that the 2025 Plan and any grants made under the 2025 Plan will comply with or be exempt from the provisions of Section 409A of the Code, so that the income inclusion provisions of Section 409A(a)(1) of the Code do not apply to the participants. The 2025 Plan and any grants made under the 2025 Plan will be administered and interpreted in a manner consistent with this intent. The foregoing is only a summary of the U.S. Federal income tax consequences of 2025 Plan transactions, and is based upon U.S. Federal income tax laws in effect on the date of this proxy statement. Reference should be made to the applicable provisions of the Code. This summary does not purport to be complete, and does not discuss the tax consequences of an award recipient’s death or the tax laws of any municipality, state or foreign country to which the award recipient may be subject. 34

Equity Compensation Plan Information The following table provides information as of December 31, 2024 regarding Common Shares that may be issued under our equity compensation plans, consisting of our Prior Plan.

| Plan category                                              
 Equity compensation plans approved by security holders:    
 Equity compensation plans not approved bysecurity holders: | ​ 
 ​ 
 ​ | ​ 
 ​ 
 ​ | Number of securities to beissued upon exerciseof outstanding options,warrants and rights(a) 
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