The estimated Net Worth of David J Neithercut is at least $19.4 Milion dollars as of 15 December 2023. Mr. Neithercut owns over 36,564 units of Equity Residential Properties Trust stock worth over $2,805,556 and over the last 21 years he sold EQR stock worth over $16,140,066. In addition, he makes $420,694 as Trustee at Equity Residential Properties Trust.
David has made over 63 trades of the Equity Residential Properties Trust stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 36,564 units of EQR stock worth $1,759,825 on 15 December 2023.
The largest trade he's ever made was selling 118,557 units of Equity Residential Properties Trust stock on 16 December 2015 worth over $9,489,302. On average, David trades about 18,788 units every 49 days since 2003. As of 15 December 2023 he still owns at least 36,564 units of Equity Residential Properties Trust stock.
You can see the complete history of Mr. Neithercut stock trades at the bottom of the page.
David J. Neithercut is Trustee of Equity Residential Inc. He has served as Chief Executive Officer of the Company from January 2006 until his retirement in December 2018 and President of the Company from May 2005 to September 2018. He was Executive Vice President – Corporate Strategy of the Company from January 2004 to May 2005, and Executive Vice President and Chief Financial Officer of the Company from February 1995 to August 2004. Prior to joining Equity Residential, Mr. Neithercut served as Senior Vice President of Finance for Equity Group Investments. He serves on the Policy Advisory Board of the Joint Center for Housing Studies at Harvard University and the MBA Real Estate Program Advisory Board at Columbia University. Mr. Neithercut is a former director of General Growth Properties, Inc. (NYSE: GGP) and a former member of the Advisory Board of Governors of Nareit of which he served as Chairman in 2015. Mr. Neithercut received Nareit’s 2018 Industry Leadership Award, honoring a REIT executive who has made a significant and lasting contribution to the growth and betterment of the industry, and was recognized by Columbia Business School as the 2018 Distinguished Real Estate Partner. Mr. Neithercut received an M.B.A. from the Columbia University Graduate School of Business. Qualifications. •Recognized as a leading industry authority in real estate investments, operations and capital markets. •Long and successful track record in various leadership roles at the Company and other organizations, including leading the development and execution of the Company’s portfolio repositioning. •Highly experienced in dealing with complex management, financial, risk assessment, business and governance issues and is uniquely well-equipped to advise the new CEO in these matters.
As the Trustee of Equity Residential Properties Trust, the total compensation of David Neithercut at Equity Residential Properties Trust is $420,694. There are 10 executives at Equity Residential Properties Trust getting paid more, with Mark Parrell having the highest compensation of $6,588,160.
David Neithercut is 64, he's been the Trustee of Equity Residential Properties Trust since 2018. There are 7 older and 19 younger executives at Equity Residential Properties Trust. The oldest executive at Equity Residential Properties Trust is Samuel Zell J.D., 79, who is the Founder & Chairman.
David's mailing address filed with the SEC is TWO NORTH RIVERSIDE PLAZA, SUITE 400, , CHICAGO, IL, 60606.
Over the last 29 years, insiders at Equity Residential Properties Trust have traded over $242,223,573 worth of Equity Residential Properties Trust stock. The most active insiders traders include Samuel Zell, Bradley A Keywell oraz David J Neithercut. On average, Equity Residential Properties Trust executives and independent directors trade stock every 17 days with the average trade being worth of $2,283,868. The most recent stock trade was executed by Catherine Carraway on 28 August 2024, trading 1,000 units of EQR stock currently worth $74,200.
equity residential is committed to creating communities where people thrive. the company, a member of the s&p 500, is focused on the acquisition, development and management of residential properties located in and around dynamic cities that attract high quality long-term renters. equity residential owns or has investments in 305 properties consisting of 78,568 apartment units, located in boston, new york, washington, d.c., seattle, san francisco, southern california and denver.
Equity Residential Properties Trust executives and other stock owners filed with the SEC include: