---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-093982"
form_type: "8-K"
ticker: "SACH"
cik: "0001682220"
company_name: "Sachem Capital Corp."
filed_at: "2024-08-28T23:59:59+00:00"
generated_at: "2026-05-31T07:11:47.609037+00:00"
event_type: "dividend"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Sachem Capital declares Series A preferred dividend and approves CFO compensation package

## Summary
- CFO Nicholas Marcello: base salary $300k, one-time $20k payment, annual equity award $125k in restricted shares starting Jan 2025.
- Annual cash bonus up to 50% of base salary, determined by Compensation Committee.
- Series A Preferred dividend: $0.484375 per share, payable Sept 30, 2024 to holders of record Sept 15, 2024.
- Dividend covers full accrual period from June 30 through Sept 29, 2024.
- Compensation package effective September 1, 2024.

## SEC filing metadata
- accession: 0001104659-24-093982
- form_type: 8-K
- ticker: SACH
- cik: 0001682220
- company_name: Sachem Capital Corp.
- filed_at: 2024-08-28T23:59:59+00:00
- event_type: dividend
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 8.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1682220/000110465924093982/0001104659-24-093982-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1682220/000110465924093982/tm2422923d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-093982
- JSON: https://secwatch.observer/filing/0001104659-24-093982.json
- Plain text: https://secwatch.observer/filing/0001104659-24-093982.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.