Company: GIPRW
Filing Date: 2025-11-07
Form Type: DEF 14A
Source: 0001193125-25-272581
Chunk: 14

Company: GENERATION INCOME PROPERTIES, INC.
Filing Date: 2025-11-07
Form: DEF 14A
Chunk 14
---
2) of the Nasdaq Marketplace Rules. Our Board of Directors also determined that the directors who each serve on our audit committee, our compensation committee, and our nominating and corporate governance committee, satisfy the independence standards for such committees established by the SEC and the Nasdaq Marketplace Rules, as applicable. In making such determinations, our Board of Directors considered the relationships that each such non-employee director has with the Company and all other facts and circumstances our Board of Directors deemed relevant in determining independence, including the beneficial ownership of our capital stock by each non-employee director.

<div align='center'>12</div>

Director Compensation • On March 1, 2023, the Company granted 8,803 shares of restricted stock to each independent director, vesting over three years subject to continued service pursuant to restricted stock award agreements. • On June 15, 2024, the Company granted 12,255 restricted stock units to each independent director, vesting on the first anniversary of the grant date subject to continued service pursuant to restricted stock unit agreements. • On March 31, 2025, the Company granted 31,250 restricted stock units to each independent director, vesting on the first anniversary of the grant date subject to continued service pursuant to restricted stock unit agreements. We do not have any other agreements for compensating our directors for their services in their capacity as directors, although such current and future directors are expected in the future to receive restricted shares, restricted stock units, or stock options to purchase shares of our common stock as awarded by our Board with the exception of Mr. Sobelman, who receives no additional compensation for his service as a director. None of our directors has ever been paid any cash compensation. The following table summarizes all of the compensation earned by our directors for service as a director of the Company during the year ended December 31, 2024:

| Name             |     | FiscalYear |     | FeesEarnedor Paidin Cash |   |     | StockAwards (1) |         |     | Total |         |
| Benjamin Adams   |     |       2024 |     |                          | - |     |                 | $50,000 |     |       | $50,000 |
| Gena Cheng       |     |       2024 |     |                          | - |     |                 | $50,000 |     |       | $50,000 |
| Stuart Eisenberg |     |       2024 |     |                          | - |     |