Cottonwood Communities shareholders will vote on five director seats for one-year terms expiring in 2027 and on KPMG LLP’s appointment as independent auditor for the year ending December 31, 2026, at the November 10, 2026 meeting. The board recommends voting FOR both proposals, defining its stated position on the ballot.

Key Highlights

  • Gregg Christensen’s reported 2025 total compensation was $1,328,273.
  • Glenn Rand’s reported 2025 total compensation was $1,188,000.
  • Daniel Shaeffer and Chad Christensen each had reported 2025 total compensation of $990,000.

Cottonwood Communities shareholders will vote on five director seats at the annual meeting on November 10, 2026, with each proposed term running for one year and expiring in 2027. The board recommends a FOR vote on every director nominee and on the KPMG appointment.

Five Seats Up For Election

The director election covers five positions, each carrying a one-year term. The proxy materials identify the board’s recommendation as FOR each nominee.

The second proposal concerns the appointment of KPMG LLP for the accounting year ending December 31, 2026. Shareholders are being asked to ratify that appointment alongside the board election.

Executive Pay Tables Detail Totals

The compensation table reports Daniel Shaeffer’s total compensation at $990,000 in 2025, compared with $1,100,000 in 2024 and $1,141,153 in 2023. Shaeffer is identified as chief executive officer.

Adam Larson, the chief financial officer, received total compensation of $385,000 in 2025, $255,000 in 2024 and $225,000 in 2023. Chad Christensen, the executive chairman, had reported totals of $990,000 in 2025, $1,100,000 in 2024 and $1,141,153 in 2023.

Gregg Christensen, chief legal officer and secretary, was reported at $1,328,273 in 2025, $1,098,168 in 2024 and $1,011,671 in 2023. Glenn Rand, chief operating officer, had totals of $1,188,000 in 2025, $1,038,168 in 2024 and $914,078 in 2023.

The 2025 compensation table also lists salary, stock awards, non-equity incentive plan compensation and other compensation for Gregg Christensen and Glenn Rand. Their annual cash incentive bonuses for 2025 were $468,000 each.

Compensation Includes Equity Awards

The proxy materials state that Shaeffer, Larson and Chad Christensen are officers and employees of the company’s advisor and its affiliates. Their compensation is provided by those entities, while the company’s compensation committee approved LTIP Unit awards for their service.

Gregg Christensen and Glenn Rand received 2025 LTIP Unit and Special LTIP Unit awards.

Source(s)

  • https://www.sec.gov/Archives/edgar/data/1692951/000169295126000158/cci-20260825.htm