Scott Schaeffer Net Worth

The estimated Net Worth of Scott Schaeffer is at least $18.5 Million dollars as of 6 December 2022. Mr. Schaeffer owns over 172,486 units of Independence Realty Trust stock worth over $11,576,736 and over the last 11 years he sold IRT stock worth over $2,973,659. In addition, he makes $3,901,090 as Chairman of the Board and Chief Executive Officer at Independence Realty Trust.

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Mr. Schaeffer IRT stock SEC Form 4 insiders trading

Scott has made over 17 trades of the Independence Realty Trust stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 172,486 units of IRT stock worth $2,973,659 on 6 December 2022.

The largest trade he's ever made was selling 172,486 units of Independence Realty Trust stock on 6 December 2022 worth over $2,973,659. On average, Scott trades about 7,531 units every 49 days since 2013. As of 6 December 2022 he still owns at least 567,209 units of Independence Realty Trust stock.

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

Scott Schaeffer biography

Scott F. Schaeffer is Chairman of the Board, Chief Executive Officer of Independence Realty Trust, Inc. Mr. Schaeffer has served as the Chair of our Board since January 2011, as our Chief Executive Officer since February 2013 and as our president from February 2013 to August 2014. He served as the chief executive officer of RAIT Financial Trust, or RAIT, a real estate investment trust, from February 2009 to December 2016 and as its chair from December 2010 to October 2016. Prior to his position as the chief executive officer of RAIT, Mr. Schaeffer held various other executive positions at RAIT from September 2000. Mr. Schaeffer resigned from RAIT when we completed transactions to internalize our management and separate from RAIT in December 2016, which we refer to as our management internalization. Mr. Schaeffer served as the vice chair of the board of directors of Resource America, Inc. (NASDAQ: REXI), a specialty finance company, from 1998 to 2000, and as a director until October 2002. In addition to his roles on the board of directors, Mr. Schaeffer served in several senior management positions at Resource America from 1995 to 1998. Mr. Schaeffer also served as president of Resource Properties, Inc., a wholly owned real estate subsidiary of Resource America, from 1992 to 2000. Mr. Schaeffer currently serves as a National Trustee of the Boys and Girls Club of America, a position he has held since 2018. Mr. Schaeffer holds a Bachelor of Science in Commerce from Rider University in Lawrenceville, New Jersey.

What is the salary of Scott Schaeffer?

As the Chairman of the Board and Chief Executive Officer of Independence Realty Trust, the total compensation of Scott Schaeffer at Independence Realty Trust is $3,901,090. There are no executives at Independence Realty Trust getting paid more.

How old is Scott Schaeffer?

Scott Schaeffer is 57, he's been the Chairman of the Board and Chief Executive Officer of Independence Realty Trust since 2014. There are 6 older and 8 younger executives at Independence Realty Trust. The oldest executive at Independence Realty Trust, Inc. is William Dunkelberg, 77, who is the Independent Director.

What's Scott Schaeffer's mailing address?

Scott's mailing address filed with the SEC is C/O INDEPENDENCE REALTY TRUST, INC., 1835 MARKET ST., SUITE 2601, PHILADELPHIA, PA, 19103.

Insiders trading at Independence Realty Trust

Over the last 11 years, insiders at Independence Realty Trust have traded over $65,732,167 worth of Independence Realty Trust stock and bought 1,807,020 units worth $15,479,121 . The most active insiders traders include Financial Trust Belle Creek..., Financial Trust Rait Ntr Ho..., and Craig Macnab. On average, Independence Realty Trust executives and independent directors trade stock every 81 days with the average trade being worth of $4,639,173. The most recent stock trade was executed by Scott Schaeffer on 6 December 2022, trading 172,486 units of IRT stock currently worth $2,973,659.

What does Independence Realty Trust do?

Independence Realty Trust, Inc. (NYSE: IRT) is a real estate investment trust that owns and operates multifamily apartment properties across non-gateway U.S. markets, including Atlanta, Louisville, Memphis, and Raleigh. IRT's investment strategy is focused on gaining scale within key amenity rich submarkets that offer good school districts, high-quality retail and major employment centers. IRT aims to provide stockholders attractive risk-adjusted returns through diligent portfolio management, strong operational performance, and a consistent return on capital through distributions and capital appreciation.

Complete history of Mr. Schaeffer stock trades at Independence Realty Trust and Independence Realty Trust Inc

Independence Realty Trust executives and stock owners

Independence Realty Trust executives and other stock owners filed with the SEC include:

• Scott Schaeffer,
  Chairman of the Board, Chief Executive Officer
• Scott F. Schaeffer,
  Chairman & CEO
• James Sebra,
  Chief Financial Officer, Treasurer
• Farrell Ender,
  President
• James J. Sebra,
  CFO & Treasurer
• Farrell M. Ender,
  Pres
• Jessica Norman,
  General Counsel, Secretary
• Jason Delozier,
  Chief Accounting Officer, Controller
• Jason R. Delozier,
  Chief Accounting Officer & Controller
• Melinda McClure,
  Lead Independent Director
• DeForest Soaries,
  Independent Director
• Richard Gebert,
  Independent Director
• William Dunkelberg,
  Independent Director
• Mack Pridgen,
  Independent Director
• Ted McHugh,
  IR Contact Officer
• Ella Shaw Neyland,
  COO & Director
• Alex Jorgensen,
  Investor Relations Officer
• Robert F Mc Cadden,
  Director
• Financial Trust Belle Creek...,
  
• Richard H Ross,
  Director
• Sharon M. Tsao,
  Director
• Realty Trust, Inc. Independ...,
  Director
• Financial Trust Rait Ntr Ho...,
  
• Lisa Washington,
  Director
• Thomas H. Purcell,
  Director
• Stephen R. Bowie,
  Director
• Ned Brines,
  Director
• Ella S Neyland,
  Chief Operating Officer
• Rio Ana Marie Del,
  Director
• Michele R. Weisbaum,
  
• Craig Macnab,
  Director