Sila Realty Trust CEO Michael Seton Receives Equity Awards Tied to 2025 Performance
Michael A. Seton also granted new time-based stock awards set to vest through 2030, reinforcing leadership continuity.
February 10, 2026
Performance-Based Awards Confirmed for 2025
On February 4, 2026, Sila Realty Trust’s President and CEO, Michael A. Seton, received performance-based equity awards following the close of the company’s 2025 performance period. The awards were tied to pre-set performance criteria. The compensation committee reviewed and confirmed that those targets had been met, triggering the issuance of 43,185 common shares.
To cover tax obligations associated with the award, 17,274 shares were withheld. The remainder increased Seton’s direct ownership to 259,746 shares.
New Time-Based Equity Grant
Alongside this, Seton was granted a new equity award: 48,404 restricted shares structured to vest annually over four years, starting January 2, 2027. The grant falls under the company’s long-standing restricted share plan and is subject to continued employment through each vesting date. If those conditions are met, the full award will be delivered by early 2030.
Following these updates, Seton’s total direct holdings reached 290,876 shares.
Implications for Shareholders
These moves reflect two clear priorities: rewarding performance and reinforcing stability at the top of the organization. The structure of the new award encourages long-term continuity while building on the previous year’s results.
For shareholders and market watchers, these transactions offer a window into how Sila is managing executive compensation—tying it closely to results while also signaling long-term alignment with the company’s direction.
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