The estimated Net Worth of Peter Schultz is at least $748 Tisíc dollars as of 28 May 2021. Mr. Schultz owns over 12,410 units of PS Business Parks stock worth over $562,035 and over the last 13 years he sold PSB stock worth over $0. In addition, he makes $186,020 as Independent Director at PS Business Parks.
Peter has made over 2 trades of the PS Business Parks stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 12,410 units of PSB stock worth $785,801 on 28 May 2021.
The largest trade he's ever made was exercising 12,410 units of PS Business Parks stock on 28 May 2021 worth over $785,801. On average, Peter trades about 973 units every 163 days since 2012. As of 28 May 2021 he still owns at least 2,998 units of PS Business Parks stock.
You can see the complete history of Mr. Schultz stock trades at the bottom of the page.
Peter Schultz serves as Independent Director of the Company. Mr. Schultz has been a director of PS Business Parks since February 2012. He served as President, Chief Executive Officer, and a director of The Beacon Group, Inc. (Beacon) and its affiliates for more than 25 years until his retirement in 2010. Beacon, based in Southern California, and its affiliates, were engaged in the development and management of more than three million square feet of retail, industrial, hospitality, and residential projects. Prior to working at Beacon, Mr. Schultz was employed by Arthur Andersen for four years as a certified public accountant in its tax department. Mr. Schultz is a member of the American Institute of Certified Public Accountants and the California Society of Certified Public Accountants.
As the Independent Director of PS Business Parks, the total compensation of Peter Schultz at PS Business Parks is $186,020. There are 11 executives at PS Business Parks getting paid more, with Maria Hawthorne having the highest compensation of $956,964.
Peter Schultz is 72, he's been the Independent Director of PS Business Parks since 2019. There are no older and 17 younger executives at PS Business Parks.
Peter's mailing address filed with the SEC is C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE, CA, 91201.
Over the last 21 years, insiders at PS Business Parks have traded over $136,771,894 worth of PS Business Parks stock and bought 1,370,320 units worth $105,878,021 . The most active insiders traders include Ronald L Jr Havner, Two Corpnew York State Comm... a Jack E Corrigan. On average, PS Business Parks executives and independent directors trade stock every 36 days with the average trade being worth of $5,202,105. The most recent stock trade was executed by Ronald L Jr Havner on 9 March 2022, trading 14,560 units of PSB stock currently worth $1,317,680.
PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space. As of December 31, 2020, the Company wholly owned 27.7 million rentable square feet with approximately 5,000 commercial customers in six states. The Company also held a 95.0% interest in a 395-unit apartment complex and a 98.2% interest in an entity developing a 411-unit multifamily apartment complex.
PS Business Parks executives and other stock owners filed with the SEC include: