In 2023, Michael J. Schall earned $5.57M in total compensation at Essex Property Trust, including $2.74M salary and $2.83M in stock. Most recently acquired 11,329 shares in Jan 2025. Currently holds stock worth $15.04M. Has donated $2.95M in stock to charitable causes. Led Essex Property Trust as CEO for 12 years.
Compensation History
Annual executive compensation data for Michael J. Schall, including salary, bonuses, and stock awards.
Year
2023
Total Compensation
$5.57M
Salary
$2.74M
Bonus
$0.00
Other
$0.00
Salary
$2.74MBoard Justification
The compensation philosophy focuses on aligning executive compensation with company performance and shareholder interests, emphasizing performance-based pay.
Bonus
$0.00Board Justification
No annual cash bonuses were granted in 2023 due to the transition of CEO responsibilities.
Other Compensation
$0.00Board Justification
No additional compensation was reported outside of salary, bonuses, stock, and options.
Restricted Stock
Board Justification
The stock awards that vested in 2023 were based on performance metrics achieved during the year.
Performance Metrics
Performance metrics for 2023 included achieving corporate goals related to revenue and net operating income growth.
Michael J. Schall
Ex-CEO of Essex Property Trust
Education
B.S. from the University of San Francisco
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
Born
January 1, 1969 - 56 years ago
CEO of Essex Property Trust for
12 years 2 months (Jan 2011 - Mar 2023)
Previous Experience
Senior Executive Vice President and Chief Operating Officer of Essex Property Trust, Inc.
Other Essex Property Trust CEOs
Holdings
Track Michael J. Schall's stock holdings and portfolio value over time.
Total Stock Sold
$53.59M
$53.59M
188,153 ESS shares
What if they kept their stock?
If Michael J. Schall didn't sell their stock, today they would have:
Extra ESS188,153 shares worth $48.46M.
This is -9.57% and $5.13M less than what they got when they sold the stock.
Charitable Transactions
11,460 shares
ESS
Recent Charitable Transactions
1,500 shares
ESS
Aug 3, 2021
Charity
$302.32K
ESS at $302.32/share
Jun 17, 2019
Charity
$239.69K
ESS at $239.69/share
Oct 11, 2018
Charity
$265.08K
ESS at $265.08/share
Aug 15, 2017
Charity
$233.78K
ESS at $233.78/share
Jan 13, 2016
Charity
$120.24K
ESS at $238.10/share
Dec 17, 2015
Charity
Insider Trading
Michael J. Schall's recent stock transactions, purchases, and sales filed with the SEC.
$155.00K
PEB at $13.68/share
Jan 1, 2025
Received
$155.05K
PEB at $15.69/share
Jan 1, 2024
Received
12,586 shares
ESS
Dec 7, 2023
Received
$155.05K
PEB at $13.59/share
Jan 1, 2023
Received
$4.24M
ESS at $349.19/share
Mar 29, 2022
Sale
4,036 shares
ESS
Jan 20, 2022
Received
$170.01K
PEB at $21.78/share
Jan 1, 2022
Received
$10.79M
ESS at $344.16/share
Oct 28, 2021
Sale
1,500 shares
ESS
Aug 3, 2021
Charity
6,124 shares
ESS
Jan 13, 2021
Received
Rivals
Compare Michael J. Schall with competitor CEOs and industry peers.
James Dondero
Founder and CEO of NexPoint Residential Trust
2024 Compensation
Stock
$0.00
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$141.96M
Scott F. Schaeffer
CEO of Independence Realty Trust
2022 Compensation
Stock
$0.00
Salary
$700.00K
Bonus
$437.50K
Other
$12.20K
Total Holdings
$25.20M
Dallas B. Tanner
Founder and CEO of Invitation Homes
2023 Compensation
Stock
$6.94M
Salary
$1.00M
Bonus
$1.89M
Other
$11.39K
Total Holdings
$98.97M
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