Sundar PichaiSundar Pichai earned $164M in 2023

David J. Neithercut is the CEO of Equity Residential, a leading real estate investment trust focused on apartment communities. He took on this role in January 2006, and since then, the company has performed really well, providing a total return...

Quick Links
E

David J. Neithercut

CEO of Equity Residential

Education

Not specified

Field of Expertise

Business & Management

Sector of Economy

Real Estate

Born

June 12, 1956 - 68 years ago

CEO of Equity Residential for

19 years 3 months (Jan 2006 - Present)

Previous Experience

Executive Vice President of Corporate Strategy, Executive Vice President and Chief Financial Officer at Equity Residential

Holdings

See how much did David J. Neithercut make over time.

David J. Neithercut has shown considerable activity in managing his holdings at Equity Residential. His insider trading has been quite significant. For instance, in September 2019 alone, his transactions peaked at $14.01 million, with steady fluctuations over the months. By...

Mar 18, 2025

Total Stock Sold

$193.83M

EQR

$193.83M

2,647,843.379 EQR shares

What if they kept their stock?

If David J. Neithercut didn't sell their stock, today they would have:
Extra EQR2,647,843.379 shares worth $183.81M.
This is -5.17% and $10.02M less than what they got when they sold the stock.

Charitable Transactions

EQR

294,114 shares

EQR

Recent Charitable Transactions

EQR

598 shares

EQR

Dec 31, 2020

Charity

EQR

25,000 shares

EQR

Jun 7, 2019

Charity

EQR

24,000 shares

EQR

Dec 7, 2018

Charity

EQR

40,000 shares

EQR

Dec 31, 2017

Charity

EQR

64,296 shares

EQR

Dec 31, 2016

Charity

EQR

6,000 shares

EQR

Dec 16, 2015

Charity

Insider Trading

See recent insider trades of David J. Neithercut.

PSA

$16.39K

PSA at $273.20/share

May 7, 2024

Received

PSA

$39.45K

PSA at $290.06/share

Mar 31, 2024

Received

PSA

$36.91K

PSA at $305.00/share

Dec 31, 2023

Received

EQR

$2.23M

EQR at $60.94/share

Dec 15, 2023

Sale

EQR

$1.45M

EQR at $58.18/share

Dec 7, 2023

Sale

EQR

$1.40M

EQR at $56.00/share

Nov 21, 2023

Sale

EQR

$1.42M

EQR at $56.86/share

Nov 14, 2023

Sale

EQR

$1.36M

EQR at $54.25/share

Nov 10, 2023

Sale

PSA

$36.89K

PSA at $263.52/share

Sep 30, 2023

Received

PSA

$37.07K

PSA at $291.88/share

Jun 30, 2023

Received

Compensation History

See how much did David J. Neithercut make over time.

In 2023, David J. Neithercut's total compensation reached $11.36 million, which marked a significant rise from previous years. Breaking it down, he earned a base salary of $900,000 and a performance bonus of $2.31 million, reflecting an impressive achievement of 114.18% against his targets. Additionally, he vested approximately $6.65 million in stock rewards, aligning his interests with shareholders. This structure effectively rewards him for driving company performance, with much of his pay tied to the company's success. Back in 2022, his total compensation was about $2.69 million, showing a huge upward trend. This reflects how well Equity Residential has been doing and sets a precedent for continued strong performance in the real estate sector.

Year

2023

Total Compensation

$9.88M

Salary

$900.00K

Board Justification

The compensation philosophy is designed to align executive pay with performance, with a significant portion of total compensation tied to performance metrics and shareholder interests.

Bonus

$2.31M

Board Justification

Performance Bonus based on achievement of corporate and individual goals for 2023, resulting in an overall weighted achievement of 114.18% of target.

Other

$15.44K

Board Justification

Includes Company matching and contributions to the Company’s 401(k) plan and the cost of executive physicals.

Restricted Stock

$6.65M(6.65M Share Awards)

Board Justification

Share Awards granted under the Annual Incentive Plan for services performed in 2022, which vested in 2023.

Performance Metrics

Corporate Goals included Annual Growth in Same Store Net Operating Income, Normalized Funds from Operations per Share, Environmental, Social and Governance metrics, and Normalized G&A and Property Management Costs.

Other Equity Residential CEOs

Here are other CEOs of Equity Residential