The estimated Net Worth of Steven L Soboroff is at least $1.12 Million dollars as of 22 September 2021. Mr. Soboroff owns over 20,000 units of Macerich Co stock worth over $312,360 and over the last 11 years he sold MAC stock worth over $548,978. In addition, he makes $257,500 as Independent Director at Macerich Co.
Steven has made over 4 trades of the Macerich Co stock since 2016, according to the Form 4 filled with the SEC. Most recently he sold 20,000 units of MAC stock worth $354,400 on 22 September 2021.
The largest trade he's ever made was selling 20,000 units of Macerich Co stock on 22 September 2021 worth over $354,400. On average, Steven trades about 1,535 units every 120 days since 2014. As of 22 September 2021 he still owns at least 19,596 units of Macerich Co stock.
You can see the complete history of Mr. Soboroff stock trades at the bottom of the page.
Steven L. Soboroff serves as Independent Director of the Company. He is the managing partner of Soboroff Partners, a shopping center development and leasing company, and has served in such capacity since 1978. In September 2017, Mr. Soboroff was selected to serve a second two-year term as President of the Los Angeles Police Commission. In August 2013, Mr. Soboroff was appointed to the Board of Police Commissioners by Los Angeles Mayor Eric Garcetti and was chosen as the Commission’s President by his fellow commissioners. After serving the maximum of two consecutive years as President, he then served as the Commission’s Vice President from September 2015 to September 2017. During 2001 to 2010, he served in the roles of Chairman and CEO as well as President of Playa Vista, one of the country’s most significant multi-use real estate projects. Mr. Soboroff also was President of the Los Angeles Recreation and Parks Commission from 1995 to 2001 and a member of the Los Angeles Harbor Commission. In addition, Mr. Soboroff is a board member of several non-profit philanthropic and academic organizations.
As the Independent Director of Macerich Co, the total compensation of Steven Soboroff at Macerich Co is $257,500. There are 12 executives at Macerich Co getting paid more, with Thomas O'Hern having the highest compensation of $6,938,050.
Steven Soboroff is 71, he's been the Independent Director of Macerich Co since 2014. There are 1 older and 21 younger executives at Macerich Co. The oldest executive at Macerich Co. is John Alschuler, 72, who is the Independent Director.
Steven's mailing address filed with the SEC is 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA, CA, 90401.
Over the last 25 years, insiders at Macerich Co have traded over $602,820,899 worth of Macerich Co stock and bought 6,984,443 units worth $517,857,796 . The most active insiders traders include Teachers Pension Plan Board..., Edward C Coppola, and Arthur M Coppola. On average, Macerich Co executives and independent directors trade stock every 32 days with the average trade being worth of $2,309,547. The most recent stock trade was executed by Kenneth Volk on 10 May 2024, trading 5,000 units of MAC stock currently worth $77,050.
macerich (nyse: mac) an s&p 500 company, is a fully integrated self-managed and self-administered real estate investment trust, which focuses on the acquisition, leasing, management, development and redevelopment of regional malls throughout the united states. macerich specializes in successful retail properties in many of the country’s most attractive, densely populated markets with significant presence in california, arizona, chicago, greater new york metro and washington, dc. additional information about macerich can be obtained from the company’s website at www.macerich.com.
Macerich Co executives and other stock owners filed with the SEC include: