The estimated Net Worth of Michael Reid is at least $2.72 Milione dollars as of 25 June 2013. Mr. Reid owns over 4,000 units of Capital Senior Living stock worth over $599,360 and over the last 21 years he sold CSU stock worth over $1,922,500. In addition, he makes $195,001 as Independent Chairman of the Board at Capital Senior Living.
Michael has made over 6 trades of the Capital Senior Living stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 4,000 units of CSU stock worth $93,400 on 25 June 2013.
The largest trade he's ever made was exercising 35,000 units of Capital Senior Living stock on 6 February 2004 worth over $976,850. On average, Michael trades about 4,941 units every 213 days since 2003. As of 25 June 2013 he still owns at least 17,870 units of Capital Senior Living stock.
You can see the complete history of Mr. Reid stock trades at the bottom of the page.
Michael W. Reid is an Independent Chairman of the Board of the Company. Mr. Reid serves as managing partner at HSP Real Estate Group, a real estate investment and management company that manages and leases 4 million square feet in Midtown Manhattan. Mr. Reid was formally a member of the Board of Directors and the Chairman of the Audit Committee of Inland Residential Properties Trust, Inc., a real estate investment trust formed in December 2013 to acquire multifamily properties located in metropolitan areas throughout the United States, until 2019. Mr. Reid has nearly 36 years of investment banking and real estate experience, including heading Lehman Brothers REIT equity practice for nine years (from 1992 to 2001) as Managing Director in the Global Real Estate Department. In that capacity, he was responsible for developing and implementing the business strategy for its REIT equity underwriting business. Mr. Reid also served as Chief Operating Officer at SL Green Realty Corp. from 2001-2004, where some of his responsibilities included strategic planning, finance and reporting, capital markets, operations and budgeting for a $4 billion publicly-traded REIT. From 2004-2006, he served as President of Ophir Energy Corp., a company that invested in oil and gas production in Oklahoma. From 2006-2008, he served as Chief Operating Officer of Twining Properties, a real estate company specializing in high rise development in Cambridge, Massachusetts. Mr. Reid holds a Bachelor of Arts and Master of Divinity, both from Yale University.
As the Independent Chairman of the Board of Capital Senior Living, the total compensation of Michael Reid at Capital Senior Living is $195,001. There are 3 executives at Capital Senior Living getting paid more, with Kimberly Lody having the highest compensation of $3,951,230.
Michael Reid is 66, he's been the Independent Chairman of the Board of Capital Senior Living since 2009. There are 2 older and 15 younger executives at Capital Senior Living. The oldest executive at Capital Senior Living Corp. is E. Rodney Hornbake, 69, who is the Independent Director.
Michael's mailing address filed with the SEC is 14160 DALLAS PARKWAY, SUITE 300, DALLAS, TX, 75254.
Over the last 21 years, insiders at Capital Senior Living have traded over $17,168,897 worth of Capital Senior Living stock and bought 2,953,820 units worth $32,870,850 . The most active insiders traders include Paul J Isaac, Sam Levinson e Partners Capital Management.... On average, Capital Senior Living executives and independent directors trade stock every 28 days with the average trade being worth of $1,028,974. The most recent stock trade was executed by Sam Levinson on 3 November 2021, trading 330 units of CSU stock currently worth $9,197.
Dallas-based Capital Senior Living Corporation is one of the nation's leading operators of independent living, assisted living and memory care communities for senior adults. The Company currently operates 88 communities that are home to nearly 7,000 residents across 20 states providing compassionate, resident-centric services and care and engaging programming. The Company offers seniors the freedom and opportunity to successfully, comfortably and happily age in place.
Capital Senior Living executives and other stock owners filed with the SEC include: