Our Adviser
Our investment adviser; David Gladstone is its indirect controlling stockholder
Amount not stated
Advisory Agreement under which the Adviser manages our investments and daily operations
| Officer | Age | In this role | Joined | Pay | Source |
|---|---|---|---|---|---|
|
David Gladstone
Also a director
Chairman, Chief Executive Officer, and President
|
83 | Not stated | Not stated | Not reported | |
|
Lewis Parrish
Chief Financial Officer and Assistant Treasurer
|
47 | Not stated | Not stated | Not reported | |
|
John Sateri
Chief Investment Officer
|
58 | Not stated | Not stated | Not reported | |
|
Jay Beckhorn
Treasurer
|
64 | Not stated | Not stated | Not reported |
Each officer opens the passage of the filing that names them. A title that changed since the list comes from the officer's latest Form 3, 4 or 5, and its start year is not stated there. "Not stated" means the filing does not say. Pay is the proxy's Summary Compensation Table, which reports only the named executive officers.
From the proxy statement filed Mar 27, 2026 · updated by the 8-Ks of Jun 2, 2026 and Oct 26, 2026
| Director | Age | On board | Independent | Committees | Other public boards | Pay | Source |
|---|---|---|---|---|---|---|---|
|
David Gladstone
Board chair, CEO
|
83 |
1997
29 years
|
Not independent | None stated | Gladstone Capital Corporation, Gladstone Investment Corporation, Gladstone Commercial Corporation | Paid as CEO | |
|
George “Chip” Stelljes, III
Joined Jun 1, 2026
Lead independent director
|
- | - | Independent |
Compensation Committee
Ethics, Nominating and Corporate Governance Committee
Valuation Committee
|
- | - | |
|
John H. Outland
|
80 |
2013
13 years
|
Independent | None stated | Gladstone Capital Corporation, Gladstone Investment Corporation, Gladstone Commercial Corporation | $59,000 | |
|
Michela A. English
|
76 |
2013
13 years
|
Independent | None stated | Gladstone Capital Corporation, Gladstone Investment Corporation, Gladstone Commercial Corporation | $44,000 | |
|
Katharine C. Gorka
|
65 |
2024
2 years
|
Independent | None stated | Gladstone Investment Corporation, Gladstone Capital Corporation, Gladstone Commercial Corporation | $45,000 | |
|
Anthony W. Parker
|
80 |
2013
13 years
|
Independent | None stated | Gladstone Capital Corporation, Gladstone Investment Corporation, Gladstone Commercial Corporation | $55,500 | |
|
Paula Novara
|
56 |
2022
4 years
|
Not independent | None stated | Gladstone Investment Corporation, Gladstone Capital Corporation, Gladstone Commercial Corporation | Not stated |
Each director opens the passage of the proxy that names them. "Not stated" means the proxy does not say; it never means "no". Pay is the proxy's Director Compensation table; the CEO is paid as an executive. A director marked Joined was added by an 8-K; their row opens that 8-K, and a dash is a value it does not give.
Advisory Agreement under which the Adviser manages our investments and daily operations
Advisory fees accrued payable to the Adviser for fiscal 2025
Administration fees accrued payable to the Administrator for fiscal 2025
Mortgage broker financing fees paid to Gladstone Securities for securing mortgage financing on our properties
Series E selling commissions and dealer-manager fees paid to Gladstone Securities as exclusive dealer-manager of the Series E Preferred Stock offering
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