Stephen D. Plavin's holdings during his time with Blackstone Mortgage Trust reflect significant fluctuations. At the peak, his compensation in 2014 included $5.6 million, heavily weighted towards stock awards, which indicates his strong alignment with the company's growth. In 2016,...

Stephen D. Plavin's holdings during his time with Blackstone Mortgage Trust reflect significant fluctuations. At the peak, his compensation in 2014 included $5.6 million, heavily weighted towards stock awards, which indicates his strong alignment with the company's growth. In 2016, however, his total compensation dropped to about $1 million, almost entirely from vested stock, demonstrating how stock performance can directly impact executive earnings. This sort of variability suggests he had most of his financial interests tied up in the company’s growth trajectory, which is a key strategy for long-term management. Over the years, he was granted tens of thousands of shares, emphasizing the role of equity in his compensation philosophy.