leadership
confidence high
sentiment positive
materiality 0.60
Sachem Capital appoints Jeffery Walraven as permanent CFO with $600K base salary; declares quarterly dividends
Sachem Capital Corp.
- Jeffery C. Walraven promoted to EVP and CFO, effective Sept 1, 2025; resigns from board.
- Employment agreement: base salary $600K, annual cash incentive target 50% of base, LTIP $250K in restricted stock.
- One-time signing cash $50K and restricted stock grant $300K (cliff vest in 3 years).
- Common dividend of $0.05 per share payable Sept 30, 2025 to holders of record Sept 15, 2025.
- Preferred dividend of $0.484375 per share for Series A, same payable date and record date.
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