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W. Blake Baird received $5.4M in total compensation as Chairman and Chief Executive Officer Co-Founder of Terreno Realty Corp in FY2025. The largest component was $4.6M in stock awards. That’s up 2% from FY2024. Source: SEC DEF 14A.
In fiscal year 2025, W. Blake Baird, Chairman and Chief Executive Officer Co-Founder of Terreno Realty Corp (TRNO), received total compensation of $5.4 million.
W. Blake Baird's compensation breakdown includes: base salary of $800K, stock awards valued at $4.6 million, and other compensation of $11K.
Compared to fiscal year 2024, W. Blake Baird's total compensation increased 2% from $5.3 million to $5.4 million.
Terreno Realty Corp's top 4 named executive officers received combined total compensation of $16.5 million in fiscal year 2025.
The named executive officers disclosed in Terreno Realty Corp's 2025 proxy statement are:W. Blake Baird (Chairman and Chief Executive Officer Co-Founder) with total compensation of $5.4 million, Michael A. Coke (President Co-Founder) with total compensation of $5.4 million, Jaime J. Cannon (Executive Vice President and Chief Financial Officer) with total compensation of $2.9 million, and John T. Meyer (Executive Vice President and Chief Operating Officer) with total compensation of $2.9 million.
Source Filing
Executive Record
W. Blake Baird
Chairman and Chief Executive Officer Co-Founder
Reported Pay
$5.4M
Summary compensation table total · FY2025
Findings
Reviewing FY2025 compensation of $5.4M against -1% shareholder return and the latest filing-backed pay disclosures.
Reported pay changed +2%; spread versus stock performance is pending computation.
Evidence is sourced from the latest executive compensation filing and return series for TRNO.
Team view
4 executives
Chairman and Chief Executive Officer Co-Founder
Total PayFY2025
$5.4M
President Co-Founder
Total PayFY2025
$5.4M
Executive Vice President and Chief Financial Officer
Total PayFY2025
$2.9M
Executive Vice President and Chief Operating Officer
Total PayFY2025
$2.9M
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01FY2025 total compensation breakdown
$5.4M total compensation
W. Blake Baird earned $5.4M in FY2025— here's how that breaks down.
$4.6M
85% of total
$800.0K
15% of total
$10.5K
0% of total
Activity timeline · FY2025
Recent events from filings
Aug 5, 2025
W. Blake Baird stock (Grant FV $1,600,043)
Aug 5, 2025
Michael A. Coke stock (Grant FV $1,600,043)
Aug 5, 2025
Jaime J. Cannon stock (Grant FV $750,034)
Aug 5, 2025
John T. Meyer stock (Grant FV $750,034)
Aug 5, 2025
W. Blake Baird grant (stock)
$1.6M
Jan 8, 2025
W. Blake Baird Equity award (40,830 target units, 20,415 threshold, 122,490 maximum, Grant FV $3,003,455)
A pay-performance summary will appear here once the verdict loads above.
02Pay changes vs. stock performance
1 year of data
Peer context
Dashed line marks the mid-cap median compensation benchmark for companies around $6.9B market cap, based on 453 peers in this size band.
03Recent insider trades by officers and directors
~22 trades
04Showing FY2024 data (latest available)
FY2026does not include director compensation in our current dataset, so we're showing the latest board table we found.
We're loading the latest director compensation and board makeup.
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06For analysts and deep research
Historical compensation data from latest proxy filing
| Year | Executive | Salary | Bonus & Incentive | Stock Awards | Option Awards | Other Adj. | Total |
|---|---|---|---|---|---|---|---|
| 2025 | $0.80M | $0.00M | $4.60M | $0.00M | $0.01M | $5.41M | |
| 2024 | $0.80M | $0.00M | $4.50M | $0.00M | $0.01M | $5.31M | |
| 2023 | $0.80M | $0.00M | $4.24M | $0.00M | $0.01M | $5.05M | |
| 2022 | $0.80M | $0.00M | $3.62M | $0.00M | $0.01M | $4.43M |
Salary = base cash pay. Bonus & Incentive combines annual bonus and non-equity plans. Equity amounts are grant-date fair values. Other Adj. captures pension changes, perquisites, and any reconciliation items so the total matches the reported figure.
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Terreno Realty Corp (TRNO) — Key Facts
Last updated May 7, 2026 · DEF 14A filed Mar 20, 2026
| CEO | W. Blake Baird, Chairman and Chief Executive Officer Co-Founder |
|---|---|
| Fiscal year | FY2025 |
| Total compensation | $5.4M |
| Base salary | $800K |
| Stock awards | $4.6M |
| Other compensation | $11K |
| Year-over-year change | +2% |
| Source | DEF 14A, 2026-03-20 |
W. Blake Baird, the Chairman and Chief Executive Officer Co-Founder of Terreno Realty Corp, received total compensation of $5.4 million in fiscal year 2025. This includes base salary of $800,000 and stock awards valued at $4.6 million.
W. Blake Baird's base salary at Terreno Realty Corp is $800,000 per year as of fiscal year 2025. However, total compensation including stock awards, bonuses, and other benefits is $5.4 million.
Terreno Realty Corp's CEO, W. Blake Baird, earned $5.4 million in total compensation for fiscal year 2025. The majority of this compensation comes from stock awards ($4.6 million) rather than base salary ($800,000).