The estimated Net Worth of Adam D. Portnoy is at least $2.83 Million dollars as of 6 July 2020. Mr. Portnoy owns over 104,738 units of Service Properties Trust stock worth over $2,754,809 and over the last 15 years he sold SVC stock worth over $0. In addition, he makes $74,010 as Managing Trustee at Service Properties Trust.
Adam has made over 1 trades of the Service Properties Trust stock since 2020, according to the Form 4 filled with the SEC. Most recently he bought 104,738 units of SVC stock worth $2,259,199 on 6 July 2020.
The largest trade he's ever made was buying 104,738 units of Service Properties Trust stock on 6 July 2020 worth over $2,259,199. On average, Adam trades about 2,277 units every 0 days since 2009. As of 6 July 2020 he still owns at least 621,853 units of Service Properties Trust stock.
You can see the complete history of Mr. Portnoy stock trades at the bottom of the page.
Adam D. Portnoy serves as Managing Trustee of the Company. Mr. Portnoy has been president and chief executive officer of The RMR Group Inc. ("RMR Inc.") since shortly after its formation in 2015. Mr. Portnoy has been president and chief executive officer of RMR LLC since 2005 and was a director of RMR LLC from 2006 until June 5, 2015 when RMR LLC became a majority owned subsidiary of RMR Inc. and RMR Inc. became RMR LLC's managing member. Mr. Portnoy has been a director of RMR Advisors LLC since 2007 and served as its president from 2007 to September 2017 and its chief executive officer from 2015 to September 2017. Mr. Portnoy has been a director of Tremont Realty Advisors LLC since March 2016, and served as its president and chief executive officer from March 2016 through December 2017. Mr. Portnoy is an owner, the sole trustee and an officer of ABP Trust. Mr. Portnoy is the majority owner and has been a director of Sonesta International Hotels Corporation since 2012. Mr. Portnoy served as president and chief executive officer of RMR Real Estate Income Fund from 2007 to 2015 and as president of Office Properties Income Trust from 2009 to 2011. Mr. Portnoy was a managing trustee of Select Income REIT from 2011 until it merged with a wholly owned subsidiary of Office Properties Income Trust in December 2018. Mr. Portnoy was a managing trustee of Equity Commonwealth from 2006 until 2014 and served as its president from 2011 to 2014. Prior to joining RMR LLC in 2003, Mr. Portnoy held various positions in the finance industry and public sector, including working as an investment banker at Donaldson, Lufkin & Jenrette and working in private equity at DLJ Merchant Banking Partners and at the International Finance Corporation (a member of The World Bank Group). In addition, Mr. Portnoy previously founded and served as chief executive officer of a privately financed telecommunications company.
As the Managing Trustee of Service Properties Trust, the total compensation of Adam Portnoy at Service Properties Trust is $74,010. There are 7 executives at Service Properties Trust getting paid more, with John Murray having the highest compensation of $560,572.
Adam Portnoy is 49, he's been the Managing Trustee of Service Properties Trust since 2007. There are 8 older and 5 younger executives at Service Properties Trust. The oldest executive at Service Properties Trust is John Harrington, 83, who is the Lead Independent Trustee.
Adam's mailing address filed with the SEC is C/O THE RMR GROUP LLC, TWO NEWTON PL., 255 WASH. ST., STE. 300, NEWTON, MA, 02458.
Over the last 4 years, insiders at Service Properties Trust have traded over $0 worth of Service Properties Trust stock and bought 2,000 units worth $21,800 . The most active insiders traders include Adam D. Portnoy, John L. Harrington, and Brian E. Donley. On average, Service Properties Trust executives and independent directors trade stock every 0 days with the average trade being worth of $8,860. The most recent stock trade was executed by Brian E. Donley on 11 May 2021, trading 2,000 units of SVC stock currently worth $21,800.
service properties trust, (nasdaq: svc) is a real estate investment trust with over $11 billion invested in two asset categories: hotels and service-focused retail net lease properties. svc is managed by the rmr group (nasdaq: rmr). for company news and updates, follow @thermrgroup.
Service Properties Trust executives and other stock owners filed with the SEC include: