The estimated Net Worth of David H Lesser is at least $500 Thousand dollars as of 10 February 2021. Mr. Lesser owns over 478,773 units of Power REIT stock worth over $137,782 and over the last 13 years he sold PW stock worth over $0. In addition, he makes $362,400 as Chairman of the Board of Trustees, Chief Executive Officer, Treasurer, and Secretary at Power REIT.
David has made over 102 trades of the Power REIT stock since 2012, according to the Form 4 filled with the SEC. Most recently he bought 478,773 units of PW stock worth $12,687,485 on 10 February 2021.
The largest trade he's ever made was buying 478,773 units of Power REIT stock on 10 February 2021 worth over $12,687,485. On average, David trades about 7,198 units every 30 days since 2012. As of 10 February 2021 he still owns at least 123,020 units of Power REIT stock.
You can see the complete history of Mr. Lesser stock trades at the bottom of the page.
David H. Lesser is Chairman of the Board of Trustees, Chief Executive Officer, Treasurer and Secretary of Power REIT. Mr. Lesser has over 25 years of experience in real estate, including substantial experience creating shareholder value in REITs. Mr. Lesser is currently, and has been for more than the past 15 years, President of Hudson Bay Partners, LP (“HBP”), an investment firm focused on real estate, real estate-related situations and alternative energy. Since October 2013, Mr. Lesser has served as Chairman and CEO of Millennium Investment and Acquisition Company (ticker: SMCG). Mr. Lesser has previously held leadership roles with public REITs, having served as a Senior Vice President of Crescent Real Estate Equities and as a Director of Keystone Property Trust. Prior to his time at Crescent, Mr. Lesser was a Director of Investment Banking at Merrill Lynch & Co. within the real estate finance group. Mr. Lesser holds an M.B.A. from Cornell University and a B.S. in Applied Management and Economics from Cornell University.
As the Chairman of the Board of Trustees, Chief Executive Officer, Treasurer, and Secretary of Power REIT, the total compensation of David Lesser at Power REIT is $362,400. There are no executives at Power REIT getting paid more.
David Lesser is 54, he's been the Chairman of the Board of Trustees, Chief Executive Officer, Treasurer, and Secretary of Power REIT since 2014. There are 2 older and 3 younger executives at Power REIT. The oldest executive at Power REIT is Virgil Wenger, 84, who is the Independent Trustee.
David's mailing address filed with the SEC is 301, Winding Road, Old Bethpage, Town of Oyster Bay, Nassau County, New York, 11804, United States.
Over the last 13 years, insiders at Power REIT have traded over $51,230 worth of Power REIT stock and bought 819,697 units worth $13,913,722 . The most active insiders traders include David H Lesser, Paula Poskon, and Patrick R Iii Haynes. On average, Power REIT executives and independent directors trade stock every 27 days with the average trade being worth of $6,860. The most recent stock trade was executed by Virgil E Wenger on 8 November 2021, trading 1,000 units of PW stock currently worth $51,230.
power reit (ticker: pw) is a listed real estate investment trust (reit) that acquires, owns and manages real-estate related to energy and transportation infrastructure in the u.s. infrastructure assets often have significant embedded real-estate value due to their proximity to supporting infrastructure, favorable geographic or other locational advantages and ownership of hard to acquire operating permits and/or rights of way. within the energy sector, power reit is focused on acquiring land and other real estate interests related to renewable energy based generating facilities, including real estate related to solar, wind, hydropower and geothermal generating facilities. since december 2012, power reit has announced over 25mw of land investments in utility scale solar projects.
Power REIT executives and other stock owners filed with the SEC include: