In 2022, Scott F. Schaeffer earned $1.15M in total compensation at Independence Realty Trust, including $700.00K salary and $437.50K bonus. Most recently acquired 229,881 shares in Feb 2024. Currently holds stock worth $14.80M. Has led Independence Realty Trust for over 12 years.
Compensation History
Annual executive compensation data for Scott F. Schaeffer, including salary, bonuses, and stock awards.
Year
2022
Total Compensation
$1.15M
Salary
$700.00K
Bonus
$437.50K
Other
$12.20K
Salary
$700.00KBoard Justification
The compensation philosophy is focused on long-term performance principles and is closely aligned with stockholder interests, designed to attract and retain outstanding executives, reward superior performance, and ensure competitive compensation.
Bonus
$437.50KBoard Justification
Reflects the subjective component of the Named Executive Officer’s Cash Bonus Award.
Other Compensation
$12.20KBoard Justification
Represents IRT’s matching contribution to the Named Executive Officer’s 401(k) plan account.
Restricted Stock
Board Justification
No stock grants are included in the total compensation calculations as per the request.
Performance Metrics
The performance metrics include CORE FFO per share, Same-Store NOI Growth, Operating Margin, G&A % of Revenue, and Net-Debt-to-EBITDA.
Scott F. Schaeffer
CEO of Independence Realty Trust
Education
Bachelor of Science in Commerce from Rider University
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
Born
January 1, 1973 - 52 years ago
CEO of Independence Realty Trust for
12 years 9 months (Feb 2013 - Present)
Previous Experience
Chairman of the Board of Independence Realty Trust, Inc.; Chief Executive Officer of RAIT Financial Trust; various leadership roles in finance and real estate
Other Independence Realty Trust CEOs
Holdings
Track Scott F. Schaeffer's stock holdings and portfolio value over time.
Total Stock Sold
$2.98M
$2.98M
172,486 IRT shares
What if they kept their stock?
If Scott F. Schaeffer didn't sell their stock, today they would have:
Extra IRT172,486 shares worth $2.89M.
This is -2.94% and $87.56K less than what they got when they sold the stock.
Insider Trading
Scott F. Schaeffer's recent stock transactions, purchases, and sales filed with the SEC.
229,881 shares
IRT
Feb 26, 2024
Received
186,218 shares
IRT
Feb 7, 2023
Received
$2.98M
IRT at $17.25/share
Dec 6, 2022
Sale
248,364 shares
IRT
Feb 8, 2022
Received
300,472 shares
IRT
Feb 18, 2021
Received
$234.75K
IRT at $9.39/share
Mar 20, 2020
Purchase
33,063 shares
IRT
Feb 28, 2020
Received
122,416 shares
IRT
Feb 18, 2020
Received
48,875 shares
IRT
Mar 7, 2019
Received
57,670 shares
IRT
Feb 23, 2018
Received
Rivals
Compare Scott F. Schaeffer 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
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