The estimated Net Worth of Hasu P Shah is at least $9.85 Milion dollars as of 24 April 2020. Mr. Shah owns over 6,250 units of Hersha Hospitality Trust stock worth over $2,243,314 and over the last 21 years he sold HT stock worth over $6,725,970. In addition, he makes $876,832 as Chairman of the Board i Trustee at Hersha Hospitality Trust.
Hasu has made over 19 trades of the Hersha Hospitality Trust stock since 2004, according to the Form 4 filled with the SEC. Most recently he bought 6,250 units of HT stock worth $26,375 on 24 April 2020.
The largest trade he's ever made was selling 564,286 units of Hersha Hospitality Trust stock on 5 March 2004 worth over $6,235,360. On average, Hasu trades about 14,552 units every 116 days since 2003. As of 24 April 2020 he still owns at least 224,556 units of Hersha Hospitality Trust stock.
You can see the complete history of Mr. Shah stock trades at the bottom of the page.
Hasu P. Shah serves as Chairman of the Board ,Trustee of the Company. Mr. Hasu Shah began his career in lodging with the purchase of a single hotel in Harrisburg, Pennsylvania in 1984. In the last 30 years, he has developed, owned, or managed over 50 hotels across the Eastern United States and started real estate related businesses in general construction, purchasing, and hotel management. He has been recognized for both his business accomplishments and his philanthropic endeavors, including the Entrepreneur of the Year award given by Ernst & Young LLP and the Central Penn Business Journal Hall of Fame award for lifetime achievements in both business and philanthropy. Mr. Hasu Shah and his wife, Hersha, are active members of the local community and remain involved with charitable initiatives in India. In 2010, he was honorably bestowed with the National United Way Tocqueville Society award, the highest honor given for philanthropic work across the country. Mr. Hasu Shah has been an active Rotarian for nearly 25 years and continues to serve as a trustee of several community service and spiritual organizations including Vraj Hindu Temple and the India Heritage Research Foundation. He also received an honorary Doctorate of Public Service (DPS) Degree from Harrisburg Area Community College. Mr. Hasu Shah received a Bachelor of Science degree in chemical engineering from Tennessee Technical University and obtained a Master’s degree in public administration from Pennsylvania State University, which named him as a Fellow. He is an alumnus of the Owner and President’s Management program at Harvard Business School. Mr. Hasu Shah is the father of Jay H. Shah, the Company’s Chief Executive Officer and Class I Trustee, and Neil H. Shah, the Company’s President and Chief Operating Officer.
As the Chairman of the Board i Trustee of Hersha Hospitality Trust, the total compensation of Hasu Shah at Hersha Hospitality Trust is $876,832. There are 4 executives at Hersha Hospitality Trust getting paid more, with Jay Shah having the highest compensation of $3,510,990.
Hasu Shah is 75, he's been the Chairman of the Board i Trustee of Hersha Hospitality Trust since 2005. There are 4 older and 14 younger executives at Hersha Hospitality Trust. The oldest executive at Hersha Hospitality Trust is Michael Leven, 82, who is the Independent Trustee.
Hasu's mailing address filed with the SEC is 44 HERSHA DRIVE, , HARRISBURG, PA, 17102.
Over the last 21 years, insiders at Hersha Hospitality Trust have traded over $164,610,504 worth of Hersha Hospitality Trust stock and bought 26,037,536 units worth $110,995,902 . The most active insiders traders include Eduardo Sconsultores Assets..., Eduardo Sinversiones Financ... oraz Hospitality Partners Lpcnl .... On average, Hersha Hospitality Trust executives and independent directors trade stock every 22 days with the average trade being worth of $1,531,117. The most recent stock trade was executed by Thomas J Iii Hutchison on 23 February 2023, trading 5,000 units of HT stock currently worth $42,800.
hersha hospitality trust (ht) is a self-advised real estate investment trust in the hospitality sector, which owns and operates high quality upscale hotels in urban gateway markets. the company's 51 hotels totaling 7,804 rooms are located in new york, washington, dc, boston, philadelphia, miami and select markets on the west coast. the company's common shares are traded on the new york stock exchange under the ticker “ht”.
Hersha Hospitality Trust executives and other stock owners filed with the SEC include: