In 2023, David J. Neithercut earned $9.88M in total compensation at Equity Residential, including $900.00K salary, $2.31M bonus and $6.65M in stock. Most recently acquired 60 shares in May 2024. Currently holds stock worth $4.25M. Has donated $17.96M in stock to charitable causes. Has led Equity Residential for over 19 years.
Compensation History
Annual executive compensation data for David J. Neithercut, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$9.88M
Salary
$900.00K
Bonus
$2.31M
Other
$15.44K
Salary
$900.00KBoard Justification
The compensation philosophy is designed to align executive pay with performance, with a significant portion of total compensation tied to performance metrics and shareholder interests.
Bonus
$2.31MBoard Justification
Performance Bonus based on achievement of corporate and individual goals for 2023, resulting in an overall weighted achievement of 114.18% of target.
Other Compensation
$15.44KBoard Justification
Includes Company matching and contributions to the Company’s 401(k) plan and the cost of executive physicals.
Restricted Stock
Board Justification
Share Awards granted under the Annual Incentive Plan for services performed in 2022, which vested in 2023.
Performance Metrics
Corporate Goals included Annual Growth in Same Store Net Operating Income, Normalized Funds from Operations per Share, Environmental, Social and Governance metrics, and Normalized G&A and Property Management Costs.
David J. Neithercut
CEO of Equity Residential
Education
Not specified
Field of Expertise
Business & Management
Sector of Economy
Real Estate
Born
June 12, 1956 - 69 years ago
CEO of Equity Residential for
19 years 11 months (Jan 2006 - Present)
Previous Experience
Executive Vice President of Corporate Strategy, Executive Vice President and Chief Financial Officer at Equity Residential
Other Equity Residential CEOs
Holdings
Track David J. Neithercut's stock holdings and portfolio value over time.
Total Stock Sold
$193.83M
$193.83M
2,647,843.379 EQR shares
What if they kept their stock?
If David J. Neithercut didn't sell their stock, today they would have:
Extra EQR2,647,843.379 shares worth $161.68M.
This is -16.59% and $32.16M less than what they got when they sold the stock.
Charitable Transactions
294,114 shares
EQR
Recent Charitable Transactions
598 shares
EQR
Dec 31, 2020
Charity
25,000 shares
EQR
Jun 7, 2019
Charity
24,000 shares
EQR
Dec 7, 2018
Charity
40,000 shares
EQR
Dec 31, 2017
Charity
64,296 shares
EQR
Dec 31, 2016
Charity
6,000 shares
EQR
Dec 16, 2015
Charity
Insider Trading
David J. Neithercut's recent stock transactions, purchases, and sales filed with the SEC.
$16.39K
PSA at $273.20/share
May 7, 2024
Received
$39.45K
PSA at $290.06/share
Mar 31, 2024
Received
$36.91K
PSA at $305.00/share
Dec 31, 2023
Received
$2.23M
EQR at $60.94/share
Dec 15, 2023
Sale
$1.45M
EQR at $58.18/share
Dec 7, 2023
Sale
$1.40M
EQR at $56.00/share
Nov 21, 2023
Sale
$1.42M
EQR at $56.86/share
Nov 14, 2023
Sale
$1.36M
EQR at $54.25/share
Nov 10, 2023
Sale
$36.89K
PSA at $263.52/share
Sep 30, 2023
Received
$37.07K
PSA at $291.88/share
Jun 30, 2023
Received
Rivals
Compare David J. Neithercut with competitor CEOs and industry peers.
Jerry A. Davis
CEO of UDR
2023 Compensation
Stock
$9.13M
Salary
$950.00K
Bonus
$0.00
Other
$199.43K
Total Holdings
$9.59M
D. Keith Oden
CEO of Camden Property Trust
2022 Compensation
Stock
$0.00
Salary
$700.00K
Bonus
$3.81M
Other
$3.00K
Total Holdings
$60.84M
Richard J. Campo
CEO of Camden Property Trust
2022 Compensation
Stock
$0.00
Salary
$700.00K
Bonus
$3.82M
Other
$3.00K
Total Holdings
$35.11M
Angela L. Kleiman
CEO of Essex Property Trust
2023 Compensation
Stock
$1.10M
Salary
$862.50K
Bonus
$2.17M
Other
$47.82K
Total Holdings
$6.92M
Timothy J. Naughton
CEO of AvalonBay Communities
2023 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$560.45K
Total Holdings
$164.97K