Last updated: 3 May 2024 at 6:25pm EST

David Jacobstein Net Worth




The estimated Net Worth of David M Jacobstein is at least $1.36 Million dollars as of 4 June 2021. Mr. Jacobstein owns over 4,000 units of Corporate Office Properties Trust stock worth over $238,601 and over the last 15 years he sold OFC stock worth over $916,685. In addition, he makes $200,223 as Independent Trustee at Corporate Office Properties Trust.

Mr. Jacobstein OFC stock SEC Form 4 insiders trading

David has made over 12 trades of the Corporate Office Properties Trust stock since 2009, according to the Form 4 filled with the SEC. Most recently he sold 4,000 units of OFC stock worth $112,280 on 4 June 2021.

The largest trade he's ever made was selling 5,900 units of Corporate Office Properties Trust stock on 13 August 2014 worth over $166,262. On average, David trades about 969 units every 121 days since 2009. As of 4 June 2021 he still owns at least 9,567 units of Corporate Office Properties Trust stock.

You can see the complete history of Mr. Jacobstein stock trades at the bottom of the page.





David Jacobstein biography

David M. Jacobstein J.D. serves as Independent Trustee of the Company. He has more than 30 years of real estate experience. Since 2009, Mr. Jacobstein has provided consulting services to real estate related businesses. Mr. Jacobstein was the senior advisor to Deloitte LLP's real estate industry group from 2007 to 2009. From 1999 to 2007, he was President and Chief Operating Officer of Developers Diversified Realty Corporation (DDR), now known as SITE Centers Corp. (NYSE: SITC), an owner, developer and manager of market-dominant community shopping centers. Mr. Jacobstein also served on DDR's Board of Directors from 2000 to 2004. Prior to DDR, he was Vice Chairman and Chief Operating Officer of Wilmorite, Inc., a Rochester, New York based developer of regional shopping malls. Mr. Jacobstein currently serves on the Board of Broadstone Net Lease, Inc., a public reporting, privately-offered REIT focused on single tenant net lease real estate, and on the Advisory Board of The Pike Company, a general contractor and construction management company based in Rochester, New York. Mr. Jacobstein previously served on the Advisory Board of The Marcus & Millichap Company, a diversified real estate holding company from 2007 to 2013, and on the Advisory Board of White Oak Partners, Inc., a private equity firm concentrating in real estate investments from 2013 to 2016. Mr. Jacobstein is a member of the National Association of Corporate Directors ("NACD"). Mr. Jacobstein began his career as a corporate and securities lawyer. He graduated from Colgate University with a BA degree and from The George Washington University Law Center with a Juris Doctor degree.

What is the salary of David Jacobstein?

As the Independent Trustee of Corporate Office Properties Trust, the total compensation of David Jacobstein at Corporate Office Properties Trust is $200,223. There are 6 executives at Corporate Office Properties Trust getting paid more, with Stephen Budorick having the highest compensation of $4,319,120.



How old is David Jacobstein?

David Jacobstein is 73, he's been the Independent Trustee of Corporate Office Properties Trust since 2009. There are no older and 14 younger executives at Corporate Office Properties Trust.

What's David Jacobstein's mailing address?

David's mailing address filed with the SEC is Clinton Square, City of Rochester, Monroe County, New York, United States.

Insiders trading at Corporate Office Properties Trust

Over the last 23 years, insiders at Corporate Office Properties Trust have traded over $85,685,081 worth of Corporate Office Properties Trust stock and bought 137,261 units worth $3,425,272 . The most active insiders traders include Betsy Z Cohen, C Taylor Pickett, and Jay H Shidler. On average, Corporate Office Properties Trust executives and independent directors trade stock every 37 days with the average trade being worth of $630,807. The most recent stock trade was executed by Robert L Denton on 17 May 2023, trading 3,941 units of OFC stock currently worth $90,446.



What does Corporate Office Properties Trust do?

copt is an office reit that focuses primarily on serving the specialized requirements of u.s. government agencies and defense contractors, most of whom are engaged in defense information technology and national security-related activities. the company generally acquires, develops, manages and leases office and data center properties concentrated in large office parks primarily located near knowledge-based government demand drivers and/or in targeted markets or submarkets in the greater washington, dc/baltimore region. copt is an s&p midcap 400 company and more information can be found at www.copt.com.



What does Corporate Office Properties Trust's logo look like?

Corporate Office Properties Trust logo

Complete history of Mr. Jacobstein stock trades at Corporate Office Properties Trust and Broadstone Net Lease

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
4 Jun 2021 David M Jacobstein
Director
Sale 4,000 $28.07 $112,280
4 Jun 2021
9,567
18 Aug 2020 David M Jacobstein
Director
Sale 3,400 $25.35 $86,190
18 Aug 2020
10,151
17 May 2019 David M Jacobstein
Director
Sale 3,458 $28.13 $97,274
17 May 2019
9,565
8 Aug 2018 David M Jacobstein
Director
Sale 2,500 $30.64 $76,600
8 Aug 2018
9,591
19 May 2017 David M Jacobstein
Director
Sale 3,118 $33.54 $104,578
19 May 2017
8,633
26 Aug 2016 David M Jacobstein
Director
Sale 1,924 $28.36 $54,565
26 Aug 2016
9,243
1 Jun 2016 David M Jacobstein
Director
Sale 1,500 $26.99 $40,485
1 Jun 2016
11,167
17 Feb 2016 David M Jacobstein
Director
Sale 2,000 $22.23 $44,460
17 Feb 2016
9,549
17 Feb 2016 David M Jacobstein
Director
Sale 2,000 $22.23 $44,460
17 Feb 2016
9,549
10 Jun 2015 David M Jacobstein
Director
Sale 3,600 $24.87 $89,532
10 Jun 2015
11,549
13 Aug 2014 David M Jacobstein
Director
Sale 5,900 $28.18 $166,262
13 Aug 2014
8,087
9 Nov 2009 David M Jacobstein
Director
Buy 500 $34.17 $17,085
9 Nov 2009
500


Corporate Office Properties Trust executives and stock owners

Corporate Office Properties Trust executives and other stock owners filed with the SEC include: