Vivmark Residential management check
VMRK · Real Estate · Multi-Family Residential REITs · CEO Mr. Parrell
Filings as of
4 good · 2 to watch · 0 flagged, across the seven questions below.
- Watch
Have owners done well?
Trailed its chosen peers$100 invested at the start of fiscal 2021 grew to $127, against $138 for the peer group the company picked itself.
- Good
Does pay follow performance?
Pay rose and fell with returnsOver 5 years, the CEO's pay actually paid (equity valued at the share price) had a correlation of 0.80 with shareholder return. 1 means pay moved in step; below 0, the opposite way.
- n/a
What does the CEO cost owners?
Not enough dataNo pay or net income figure for the latest year.
- Watch
Do they own the stock?
Insiders are selling7 insiders sold $3.7m in the last six months and none bought.
- Good
Are owners being diluted?
Share count shrinkingDiluted shares changed -0.1% a year over the last three fiscal years.
- Good
Is leadership stable?
7 leadership filings in 3 yearsCEO in the pay table: Mr. Parrell. 7 filings under 8-K item 5.02 (officers or directors leaving or joining, or new pay arrangements) in the last 3 years.
- Good
Are the books clean?
No red flags on fileNo restatements, auditor changes or late filings since 2021.
Against the S&P 500
Each check's score (0–100) and how it compares: the share of ranked S&P 500 companies it matches or beats, and the median in Real Estate.
| Check | Score | At or above | Sector median |
|---|---|---|---|
| Owner returns | 40 | 45 | |
| Pay for performance | 90 | 86 | |
| CEO cost | — | — | 23 |
| Skin in the game | — | — | 32 |
| Dilution | 51 | 23 | |
| Stable leadership | 90 | 85 | |
| Clean books | 100 | 100 |
Closest peers
Others in Multi-Family Residential REITs, by management score. Vivmark Residential is 4th of 29 in its sector.
Pay versus performance
From the proxy statement filed April 14, 2026. "Actually paid" values stock awards at the share price, so it rises and falls with the stock.
| Fiscal year | CEO | CEO pay | Actually paid | Other executives (avg) | $100 became | Peers | Net income |
|---|---|---|---|---|---|---|---|
| 2025 | Mr. Parrell | $12.8m | $7.1m | $4.0m | $127 | $138 | — |
| 2024 | Mr. Parrell | $11.4m | $19.1m | $3.9m | $139 | $134 | — |
| 2023 | Mr. Parrell | $11.4m | $11.9m | $3.8m | $115 | $123 | — |
| 2022 | Mr. Parrell | $11.2m | $837k | $3.6m | $106 | $108 | — |
| 2021 | Mr. Parrell | $8.5m | $17.0m | $2.7m | $157 | $143 | — |
The board says pay is tied most to Normalized FFO per share. Its other key measures: Normalized FFO per Share, Annual Growth in Same Store NOI, Normalized G&A and Property Management Costs, Net Debt to Normalized EBITDAre, TSR Relative to Nareit Apartment Index, TSR Relative to Nareit Equity Index.
Insiders and the CEO's stake
7 insiders sold $3.7m in the last six months and none bought.
- SoldEdward M SchulmanEVP, Legal Affairs$1.1mAug 18, 2026
- SoldSusan SwanezyDirector$1.0mAug 18, 2026
- SoldChristopher B. HowardDirector$543kAug 18, 2026
- SoldCharles E Jr MuellerDirector$511kAug 18, 2026
Leadership and governance on file
- Aug 17, 2026Leadership change8-K 5.02
- Jun 8, 2026Leadership change8-K 5.02
- May 21, 2026Leadership change8-K 5.02
- Jul 24, 2025Leadership change8-K 5.02
- Jun 30, 2025Leadership change8-K 5.02
- Dec 18, 2024Leadership change8-K 5.02
- Mar 19, 2024Leadership change8-K 5.02
Latest shareholder vote results: Aug 12, 2026, including the say-on-pay vote.
Where the money went
Over 2021–2025: $5.3bn returned to owners in buybacks and dividends, 103% of net income, and $152.6m of pay in stock.
| Fiscal year | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | — | — | — | — | — |
| Net income | $1.3bn | $776.9m | $835.4m | $1.0bn | $1.1bn |
| Stock-based pay | $27.8m | $29.5m | $31.8m | $31.3m | $32.2m |
| Buybacks | — | — | $49.1m | $38.5m | $280.7m |
| Dividends | $900.5m | $931.8m | $990.1m | $1.0bn | $1.0bn |
| Diluted shares | 388m | 389m | 391m | 391m | 390m |
Educational only, not investment advice. Figures are as filed with the SEC: pay from the proxy's pay-versus-performance table, capital allocation from 10-K XBRL data, insider trades from Form 4s over the last six months, events from the last 5 years of filings. The peer group is the one the company chose. See the method.