Last updated: 31 May 2024 at 6:10pm EST

Steven Grimes Net Worth




The estimated Net Worth of Steven P Grimes is at least $18.3 Million dollars as of 14 December 2023. Mr. Grimes owns over 21,500 units of Retail Properties of America Inc stock worth over $10,037,579 and over the last 12 years he sold RPAI stock worth over $2,523,153. In addition, he makes $5,763,970 as Chief Executive Officer and Director at Retail Properties of America Inc.

Mr. Grimes RPAI stock SEC Form 4 insiders trading

Steven has made over 3 trades of the Retail Properties of America Inc stock since 2022, according to the Form 4 filled with the SEC. Most recently he sold 21,500 units of RPAI stock worth $509,550 on 14 December 2023.

The largest trade he's ever made was selling 78,554 units of Retail Properties of America Inc stock on 21 November 2022 worth over $1,724,260. On average, Steven trades about 2,897 units every 10 days since 2012. As of 14 December 2023 he still owns at least 763,314 units of Retail Properties of America Inc stock.

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





Steven Grimes biography

Steven P. Grimes is Chief Executive Officer, Director of the Company. Previously, Mr. Grimes was President of the Company from October 2009 to May 2018; Chief Financial Officer of the Company since the internalization of our management in November 2007 to December 2011; Chief Operating Officer of the Company from November 2007 to October 2009 and Treasurer of the Company from October 2008 to December 2011. From February 2004 to November 2007, Mr. Grimes served as Principal Financial Officer and Treasurer and Chief Financial Officer of Inland Western Retail Real Estate Advisory Services, Inc., our former business manager/advisor. Previously, Mr. Grimes served as a Director with Cohen Financial, a mortgage brokerage firm, and as a senior manager with Deloitte & Touche LLP in their Chicago-based real estate practice where he was a national deputy real estate industry leader. Mr. Grimes is an active member of various real estate trade associations, including NAREIT, ICSC and The Real Estate Roundtable. Mr. Grimes received a B.S. in Accounting from Indiana University.

What is the salary of Steven Grimes?

As the Chief Executive Officer and Director of Retail Properties of America Inc, the total compensation of Steven Grimes at Retail Properties of America Inc is $5,763,970. There are no executives at Retail Properties of America Inc getting paid more.



How old is Steven Grimes?

Steven Grimes is 53, he's been the Chief Executive Officer and Director of Retail Properties of America Inc since 2018. There are 7 older and 2 younger executives at Retail Properties of America Inc. The oldest executive at Retail Properties of America Inc is Gerald Gorski, 77, who is the Independent Chairman of the Board.

What's Steven Grimes's mailing address?

Steven's mailing address filed with the SEC is 30 SOUTH MERIDIAN ST., SUITE 1100, INDIANAPOLIS, IN, 46204.

Insiders trading at Retail Properties of America Inc

Over the last 12 years, insiders at Retail Properties of America Inc have traded over $419,679 worth of Retail Properties of America Inc stock and bought 79,295 units worth $1,065,958 . The most active insiders traders include Thomas J Sargeant, Angela M Aman, and Steven P Grimes. On average, Retail Properties of America Inc executives and independent directors trade stock every 98 days with the average trade being worth of $52,942. The most recent stock trade was executed by Gerald M Gorski on 9 September 2020, trading 22,171 units of RPAI stock currently worth $144,555.



What does Retail Properties of America Inc do?

Retail Properties of America, Inc. is a REIT that owns and operates high quality, strategically located open-air shopping centers, including properties with a mixed-use component. As of December 31, 2020, the Company owned 102 retail operating properties in the United States representing 20.0 million square feet.



What does Retail Properties of America Inc's logo look like?

Retail Properties of America Inc logo

Complete history of Mr. Grimes stock trades at Kite Realty Trust and Retail Properties of America Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
14 Dec 2023 Steven P Grimes
Director
Sale 21,500 $23.70 $509,550
14 Dec 2023
763,314
30 Nov 2022 Steven P Grimes
Director
Sale 12,946 $22.35 $289,343
30 Nov 2022
778,506
21 Nov 2022 Steven P Grimes
Director
Sale 78,554 $21.95 $1,724,260
21 Nov 2022
791,452


Retail Properties of America Inc executives and stock owners

Retail Properties of America Inc executives and other stock owners filed with the SEC include: