The CEO Pay-vs-Delivery Scorecard, v2.2 S&P 500 edition: a reproducible descriptive audit of granted pay, Compensation Actually Paid and shareholder return

Abstract

Parts of this text were artificially generated with AI assistance and reviewed by the author; the model and conflict are named in the deposited Conflict of interest and scope section. Version 2.2 revises the S&P 500 edition of the CEO Pay-vs-Delivery Scorecard. The dated universe contains 503 constituent securities. The frozen SEC Pay Versus Performance spine contains 2,768 populated company-year rows for 498 securities and five explicit placeholders, collapsed by SEC CIK to 495 issuers, of which 493 contain both company and peer total shareholder return. Of those 493 issuers, 227, or 46.0 percent, beat their disclosed peer index over the available reporting window. The arithmetic 50 percent reference is 4.0 percentage points higher; no statistical baseline, hypothesis test or causal model was run. Median latest-year granted compensation is 17.84 million USD across 493 available values, compared with 28.37 million USD across 98 S&P 100 v0.3 company rows. Eighty-eight of 493 TSR-comparable issuers have a company TSR index below 100, and 34 of 495 issuers report negative latest-year Compensation Actually Paid. Reporting windows are explicit: 475 five-year rows, 19 shorter rows and one six-year row. Tesla's 49.735 billion USD available-window CAP covers fiscal 2020-2023. The separate board-target audit contains 47 primary-verified cases: 29 original S&P 100 Layer A cases and 18 named S&P 500 extensions. Each carries its metric type, performance period, value basis, exact SEC accession, form, primary document, filing date and source locator. Intel, Erie, American Tower and Synchrony are recovered from exact primary filings. BX, KKR and PSKY remain unresolved through the staged proxy path; HONA and FDXF are recent-spin-off placeholders without populated Pay Versus Performance rows. Welltower's 2025 figures are 821,090,355 USD granted and 999,622,730 USD Compensation Actually Paid. Its special equity award is half time-based and half performance-based; the target market-capitalisation increase is 80 billion USD from a 119.534 billion USD baseline, or 66.9 percent. The membership list is adapted from Wikipedia revision 1364118843 under CC BY-SA 4.0; the other deposited files are CC BY 4.0. No BlackRock holdings file or S&P factsheet is redistributed or required for reproduction. Compensation Actually Paid is an accounting fair-value remeasurement, not cash received. The analysis is descriptive, does not attribute TSR to a CEO and is not investment advice.