The estimated Net Worth of Joseph D Margolis is at least $19.9 Million dollars as of 1 July 2024. Mr. Margolis owns over 7,500 units of Extra Space Storage stock worth over $5,578,074 and over the last 18 years he sold EXR stock worth over $8,075,918. In addition, he makes $6,284,980 as Chief Executive Officer and Director at Extra Space Storage.
Joseph has made over 19 trades of the Extra Space Storage stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 7,500 units of EXR stock worth $1,144,350 on 1 July 2024.
The largest trade he's ever made was exercising 56,000 units of Extra Space Storage stock on 15 March 2021 worth over $4,192,160. On average, Joseph trades about 1,967 units every 75 days since 2006. As of 1 July 2024 he still owns at least 31,690 units of Extra Space Storage stock.
You can see the complete history of Mr. Margolis stock trades at the bottom of the page.
Joseph D. Margolis serves as Chief Executive Officer, Director of the Company. He has served as our Chief Executive Officer since January 1, 2017. Previously, he served as our Executive Vice President and Chief Investment Officer from July 2015 until December 31, 2016. Mr. Margolis served as a member of our board of directors from February 2005 until July 2015 and rejoined the board upon his appointment as Chief Executive Officer. From 2011 until July 2015, he also was Senior Managing Director and Partner at Penzance Properties, a vertically integrated owner, operator and developer of office and other properties in the Washington, D.C. metro area. Previously, Mr. Margolis was a co-founding partner of Arsenal Real Estate Funds, a private real estate investment management firm, from 2004 through 2011. Before forming Arsenal in 2004, Mr. Margolis held senior positions from 1992 to 2004 at Prudential Real Estate Investors in portfolio management, capital markets and as General Counsel. Before that, Mr. Margolis worked for The Prudential Insurance Company of America as in-house real estate counsel from 1988 through 1992, and as a real estate associate at the law firm of Nutter, McClennen & Fish from 1986 through 1988. Mr. Margolis is a graduate of Harvard College and Columbia University School of Law.
As the Chief Executive Officer and Director of Extra Space Storage, the total compensation of Joseph Margolis at Extra Space Storage is $6,284,980. There are no executives at Extra Space Storage getting paid more.
Joseph Margolis is 59, he's been the Chief Executive Officer and Director of Extra Space Storage since 2018. There are 8 older and 13 younger executives at Extra Space Storage. The oldest executive at Extra Space Storage Inc. is Roger Porter, 73, who is the Lead Independent Director.
Joseph's mailing address filed with the SEC is 2795 EAST COTTONWOOD PARKWAY, SUITE 300, SALT LAKE CITY, UT, 84121.
Over the last 20 years, insiders at Extra Space Storage have traded over $399,165,305 worth of Extra Space Storage stock and bought 16,700 units worth $2,747,877 . The most active insiders traders include Spencer Kirk, Kenneth M. Woolley, and Karl Haas. On average, Extra Space Storage executives and independent directors trade stock every 20 days with the average trade being worth of $4,660,658. The most recent stock trade was executed by William N Springer on 28 August 2024, trading 2,000 units of EXR stock currently worth $350,660.
extra space storage is the second largest operator of self-storage facilities in the u.s. since we were founded in 1977, we’ve taken the storage industry by storm. in 2015 alone we added 1.6 billion dollars in new acquisitions to our already large property portfolio. the cornerstone of extra space storage is successful partnerships with our stakeholders, partners, investors and customers. our goals are driven by an impassioned, dedicated workforce that thrives in the innovation driven corporate environment. we are the best, at getting better! our team makes us extraordinary knowledge is power and experience is valuable. this is why we strive to attract the best candidates for every position at extra space storage. every position is valuable to our success from our executive management team, corporate employees, on-site managers and call center team. offering a career path paved with innovation and satisfaction attracting the best candidates in any field requires a commitment to job sat
Extra Space Storage executives and other stock owners filed with the SEC include: