Last updated: 19 January 2024 at 4:31pm EST

Michael Ibe Net Worth




The estimated Net Worth of Michael P. Ibe is at least $2.67 Million dollars as of 25 August 2015. Mr. Ibe owns over 10,000 units of Easterly Government Properties Inc stock worth over $132,700 and over the last 10 years he sold DEA stock worth over $0. In addition, he makes $2,534,260 as Vice Chairman of the Board of Directors and Executive Vice President – Development and Acquisitions at Easterly Government Properties Inc.

Mr. Ibe DEA stock SEC Form 4 insiders trading

Michael has made over 2 trades of the Easterly Government Properties Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of DEA stock worth $155,300 on 25 August 2015.

The largest trade he's ever made was buying 10,000 units of Easterly Government Properties Inc stock on 25 August 2015 worth over $155,300. On average, Michael trades about 1,053 units every 0 days since 2015. As of 25 August 2015 he still owns at least 10,000 units of Easterly Government Properties Inc stock.

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





Michael Ibe biography

Michael P. Ibe serves as Vice Chairman of the Board of Directors, Executive Vice President – Development and Acquisitions of the Company. Mr. Ibe co-founded Western Devcon, Inc. in 1987 and has since then served as president, where he has been primarily responsible for all phases of acquisition and development in each endeavor, including build-to-suit GSA-leased properties of Western Devcon, Inc. and its affiliates. His experience related to construction dates back to 1980, when he served as vice president of construction at Ibe Investments, a family-owned real estate company specializing in high-density residential developments in Phoenix, Arizona and luxury single-family developments in San Diego, California. From 1970 to 1980, Mr. Ibe served as a contract administrator and later a vice president and general manager, of Lampco Industries, a San Diego, California manufacturer of precision components for jet engines and nuclear reactors. Mr. Ibe attended Mesa College and San Diego State University.

What is the salary of Michael Ibe?

As the Vice Chairman of the Board of Directors and Executive Vice President – Development and Acquisitions of Easterly Government Properties Inc, the total compensation of Michael Ibe at Easterly Government Properties Inc is $2,534,260. There are 2 executives at Easterly Government Properties Inc getting paid more, with William Trimble having the highest compensation of $3,809,370.



How old is Michael Ibe?

Michael Ibe is 73, he's been the Vice Chairman of the Board of Directors and Executive Vice President – Development and Acquisitions of Easterly Government Properties Inc since 2015. There are 1 older and 15 younger executives at Easterly Government Properties Inc. The oldest executive at Easterly Government Properties Inc is Michael P. Ibe, 74, who is the Vice Chairman and Exec. VP of Devel. & Acquisitions.

What's Michael Ibe's mailing address?

Michael's mailing address filed with the SEC is C/O EASTERLY GOVERNMENT PROPERTIES, INC., 2001 K STREET NW, SUITE 775 NORTH, WASHINGTON, DC, 20006.

Insiders trading at Easterly Government Properties Inc

Over the last 10 years, insiders at Easterly Government Properties Inc have traded over $29,195,546 worth of Easterly Government Properties Inc stock and bought 415,918 units worth $6,566,808 . The most active insiders traders include Darrell W Crate, William C. Trimble, and Cynthia A Fisher. On average, Easterly Government Properties Inc executives and independent directors trade stock every 31 days with the average trade being worth of $231,641. The most recent stock trade was executed by Darrell W Crate on 13 December 2023, trading 8,000 units of DEA stock currently worth $105,120.



What does Easterly Government Properties Inc do?

we focus primarily on the acquisition, development and management of class a commercial properties that are leased to u.s. government agencies that serve essential u.s. government functions. we generate substantially all of our revenue by leasing our properties to such agencies through the gsa. our multidisciplinary team possesses complementary skills and experience that we expect will drive our business and growth strategies. we plan to grow our business primarily through the pursuit of attractive acquisition opportunities, the development of built-to-suit u.s. government properties and the renewal of existing leases at positive spreads. we maintain a proprietary database that tracks approximately 8,500 leases totaling approximately 200 million rentable square feet and includes substantially every major u.s. government-leased property that meets our investment criteria as well as information about the ownership of such properties.



Complete history of Mr. Ibe stock trades at Easterly Government Properties Inc

Insider
Trans.
Transaction
Total value
Michael P. Ibe
EVP - Dev and Acquisitions
Buy $155,300
25 Aug 2015
Michael P. Ibe
EVP - Dev and Acquisitions
Buy $155,300
25 Aug 2015


Easterly Government Properties Inc executives and stock owners

Easterly Government Properties Inc executives and other stock owners filed with the SEC include: