David R. Lukes holds significant equity in SITE Centers Corp., with over 94,260 shares valued at approximately $1.04 million as of the last fiscal year-end. The value of his vested stock varies each year, reflecting the company's stock performance. Notably,...

David R. Lukes holds significant equity in SITE Centers Corp., with over 94,260 shares valued at approximately $1.04 million as of the last fiscal year-end. The value of his vested stock varies each year, reflecting the company's stock performance. Notably, in 2021, he realized gains from stock awards amounting to over $9 million, indicating a lucrative performance-based compensation structure. He is also eligible for future payouts under performance-based RSUs tied to the company’s stock price, demonstrating that much of his wealth relies on the company’s market performance. This approach ensures his decision-making aligns with shareholder interests, as the maximum potential for his holdings hinges on achieving specific performance goals. Overall, his equity stake crucially ties his financial success to that of SITE Centers Corp.