Alexander KarpAlexander Karp earned $1B in 2024

In 2021, Howard Schwimmer earned $2.64M in total compensation at Rexford Industrial Realty, including $750.00K salary and $1.88M bonus. Most recently sold 30,358 shares in Jul 2024. Currently holds stock worth $36.32M. Has donated $581.40K in stock to charitable causes. Has led Rexford Industrial Realty for over 12 years.

Compensation History

Annual executive compensation data for Howard Schwimmer, including salary, bonuses, and stock awards.

Year

2021

Total Compensation

$2.64M

Salary

$750.00K

Bonus

$1.88M

Other

$16.91K

Salary

$750.00K

Board Justification

The compensation philosophy is to align executive compensation with performance, ensuring that a significant portion is at-risk and tied to the company's success.

Bonus

$1.88M

Board Justification

Short-term incentive bonuses were designed to incentivize management to attain Company performance goals for the year, with 70% based on quantitative performance criteria and 30% on qualitative performance criteria.

Other Compensation

$16.91K

Board Justification

Includes medical insurance premiums paid by or reimbursed to the NEO.

Restricted Stock

$0.000 N/A

Board Justification

No stock grants were vested in 2021 as the focus was on cash and performance-based compensation.

Performance Metrics

Performance metrics included Core FFO per diluted share growth and Consolidated Portfolio NOI Growth.

R

Howard Schwimmer

Founder and CEO of Rexford Industrial Realty

Education

Bachelor’s degree from the University of Southern California majoring in business with an emphasis in real estate finance and development.

Field of Expertise

Real Estate & Construction - Real Estate

Sector of Economy

Real Estate

Born

January 1, 1961 - 64 years ago

CEO of Rexford Industrial Realty for

12 years 11 months (Jan 2013 - Present)

Previous Experience

Served as Co-Founder and Senior Managing Partner of Rexford predecessor business since December 2001 and President of one of the management companies acquired as part of Rexford formation transactions.

Holdings

Track Howard Schwimmer's stock holdings and portfolio value over time.

Total Stock Sold

$17.10M

REXR

$17.10M

333,868 REXR shares

What if they kept their stock?

If Howard Schwimmer didn't sell their stock, today they would have:
Extra REXR333,868 shares worth $13.75M.
This is -19.6% and $3.35M less than what they got when they sold the stock.

Charitable Transactions

REXR

14,115 shares

REXR

Recent Charitable Transactions

REXR

420 shares

REXR

Sep 24, 2024

Charity

REXR

189 shares

REXR

Mar 8, 2024

Charity

REXR

1,858 shares

REXR

Dec 31, 2022

Charity

REXR

134 shares

REXR

Jan 18, 2022

Charity

REXR

670 shares

REXR

Dec 31, 2021

Charity

REXR

2,171 shares

REXR

Dec 31, 2020

Charity

Insider Trading

Howard Schwimmer's recent stock transactions, purchases, and sales filed with the SEC.

REXR

420 shares

REXR

Sep 24, 2024

Charity

REXR

$1.48M

REXR at $48.86/share

Jul 24, 2024

Sale

REXR

189 shares

REXR

Mar 8, 2024

Charity

REXR

$1.99M

REXR at $55.94/share

Apr 28, 2023

Sale

REXR

1,858 shares

REXR

Dec 31, 2022

Charity

REXR

$1.00M

REXR at $65.27/share

Aug 1, 2022

Sale

REXR

$1.02M

REXR at $62.15/share

Jul 25, 2022

Sale

REXR

$988.41K

REXR at $59.90/share

Jun 15, 2022

Sale

REXR

134 shares

REXR

Jan 18, 2022

Charity

REXR

670 shares

REXR

Dec 31, 2021

Charity

Rivals

Compare Howard Schwimmer with competitor CEOs and industry peers.