The estimated Net Worth of John W Petersen is at least $9.27 million dollars as of 9 December 2019. Mr. Petersen owns over 700 units of PS Business Parks stock worth over $4,979,203 and over the last 19 years he sold PSB stock worth over $3,427,007. In addition, he makes $864,464 as Interim President, Chief Executive Officer et Chief Operating Officer at PS Business Parks.
John has made over 32 trades of the PS Business Parks stock since 2008, according to the Form 4 filled with the SEC. Most recently he sold 700 units of PSB stock worth $122,955 on 9 December 2019.
The largest trade he's ever made was exercising 13,000 units of PS Business Parks stock on 3 March 2014 worth over $591,630. On average, John trades about 1,592 units every 59 days since 2006. As of 9 December 2019 he still owns at least 26,560 units of PS Business Parks stock.
You can see the complete history of Mr. Petersen stock trades at the bottom of the page.
John W. Petersen serves as Interim President, Chief Executive Officer, Chief Operating Officer of the Company. Prior to joining the Company, Mr. Petersen was Senior Vice President, San Jose Region, for Equity Office Properties (“EOP”) from July, 2001 to December, 2004, responsible for 11.3 million square feet of multi-tenant office, industrial and R&D space in Silicon Valley. Prior to EOP, Mr. Petersen was Senior Vice President with Spieker Properties, from 1995 to 2001 overseeing the growth of that company’s portfolio in San Jose, through acquisition and development of nearly three million square feet. Mr. Petersen is a graduate of The Colorado College in Colorado Springs, Colorado, and was formerly the President of National Association of Industrial and Office Parks, Silicon Valley Chapter..
As the Interim President, Chief Executive Officer et Chief Operating Officer of PS Business Parks, the total compensation of John Petersen at PS Business Parks is $864,464. There are 1 executives at PS Business Parks getting paid more, with Maria Hawthorne having the highest compensation of $956,964.
John Petersen is 56, he's been the Interim President, Chief Executive Officer et Chief Operating Officer of PS Business Parks since 2020. There are 12 older and 6 younger executives at PS Business Parks. The oldest executive at PS Business Parks, Inc. is Peter Schultz, 72, who is the Independent Director.
John's mailing address filed with the SEC is C/O PS BUSINESS PARKS, INC., 701 WESTERN AVENUE, GLENDALE, CA, 91201.
Over the last 21 years, insiders at PS Business Parks have traded over $136,771,894 worth of PS Business Parks stock and bought 1,370,320 units worth $105,878,021 . The most active insiders traders include Ronald L Jr Havner, Two Corpnew York State Comm... et Jack E Corrigan. On average, PS Business Parks executives and independent directors trade stock every 36 days with the average trade being worth of $5,202,105. The most recent stock trade was executed by Ronald L Jr Havner on 9 March 2022, trading 14,560 units of PSB stock currently worth $1,317,680.
PS Business Parks, Inc., a member of the S&P MidCap 400, is a REIT that acquires, develops, owns, and operates commercial properties, primarily multi-tenant industrial, flex, and office space. As of December 31, 2020, the Company wholly owned 27.7 million rentable square feet with approximately 5,000 commercial customers in six states. The Company also held a 95.0% interest in a 395-unit apartment complex and a 98.2% interest in an entity developing a 411-unit multifamily apartment complex.
PS Business Parks executives and other stock owners filed with the SEC include: