In 2008, Alvin E. Kite, Jr. earned $256.60K in total compensation at Kite Realty Group, primarily from $237.50K salary. Most recently sold 60,000 shares in Dec 2023. Currently holds stock worth $1.22M.
Compensation History
Annual executive compensation data for Alvin E. Kite, Jr., including salary, bonuses, and stock awards.
Year
2008
Total Compensation
$256.60K
Salary
$237.50K
Bonus
$0.00
Other
$19.10K
Salary
$237.50KBoard Justification
The compensation philosophy is designed to attract and retain outstanding executives, reward superior performance, and ensure competitive compensation relative to similarly-situated executives at comparable publicly-traded REITs.
Bonus
$0.00Board Justification
Mr. Kite did not receive an annual bonus for 2008 due to the expectation set by the Committee that no annual bonus would be paid in the future.
Other Compensation
$19.10KBoard Justification
Other compensation includes health care and life insurance premiums, and an automobile allowance.
Restricted Stock
Board Justification
No stock grants were vested in 2008 as Mr. Kite retired on December 3, 2008 and did not receive any stock awards that year.
Performance Metrics
The performance metrics considered for compensation included the overall performance of the company, particularly as it relates to Funds From Operations (FFO) and the successful consummation of certain acquisitions and development starts.
Alvin E. Kite, Jr.
Founder and Ex-CEO of Kite Realty Group
Education
Not available
Field of Expertise
Real Estate & Construction - Real Estate
Sector of Economy
Real Estate
Born
November 1, 1944 - 81 years ago
CEO of Kite Realty Group for
0 years 0 months (Dec 2008 - Dec 2008)
Previous Experience
Chairman of the Board of Trustees
Other Kite Realty Group CEOs
Holdings
Track Alvin E. Kite, Jr.'s stock holdings and portfolio value over time.
Total Stock Sold
$11.50M
$11.50M
524,836.5 KRG shares
What if they kept their stock?
If Alvin E. Kite, Jr. didn't sell their stock, today they would have:
Extra KRG524,836.5 shares worth $11.87M.
This is 3.27% and $375.87K more than what they got when they sold the stock.
Insider Trading
Alvin E. Kite, Jr.'s recent stock transactions, purchases, and sales filed with the SEC.
$1.31M
KRG at $21.91/share
Dec 1, 2023
Sale
$1.87M
KRG at $22.01/share
Nov 18, 2022
Sale
$523.25K
KRG at $20.93/share
Dec 21, 2021
Sale
106,088 shares
KRG
Jan 18, 2021
Received
$239.50K
KRG at $13.24/share
Nov 9, 2020
Sale
42,887 shares
KRG
Feb 12, 2020
Received
$234.75K
KRG at $18.78/share
Nov 15, 2019
Sale
$269.45K
KRG at $15.85/share
Sep 19, 2019
Sale
$194.52K
KRG at $16.21/share
Dec 13, 2018
Sale
$609.70K
KRG at $17.42/share
Sep 5, 2018
Sale
Rivals
Compare Alvin E. Kite, Jr. with competitor CEOs and industry peers.
Conor C. Flynn
CEO of Kimco Realty
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$2.92M
Other
$26.34K
Total Holdings
$57.98M
Lisa Palmer
CEO of Regency Centers
2023 Compensation
Stock
$0.00
Salary
$1.00M
Bonus
$2.71M
Other
$20.22K
Total Holdings
$22.21M
Donald C. Wood
CEO of Federal Realty
2023 Compensation
Stock
$5.55M
Salary
$1.00M
Bonus
$1.41M
Other
$33.01K
Total Holdings
$98.53K
Jeffrey S. Edison
Founder and CEO of Phillips Edison & Company
2023 Compensation
Stock
$0.00
Salary
$910.52K
Bonus
$1.61M
Other
$457.58K
Total Holdings
$10.37M
Jeffrey S. Olson
CEO of Urban Edge Properties
2023 Compensation
Stock
$1.66M
Salary
$1.10M
Bonus
$2.33M
Other
$22.50K
Total Holdings
$2.36M