The estimated Net Worth of Thomas W Toomey is at least $97.5 Million dollars as of 7 June 2024. Mr. Toomey owns over 90,000 units of UDR Inc stock worth over $39,069,942 and over the last 23 years he sold UDR stock worth over $52,163,180. In addition, he makes $6,307,730 as Chairman of the Board and Chief Executive Officer at UDR Inc.
Thomas has made over 59 trades of the UDR Inc stock since 2002, according to the Form 4 filled with the SEC. Most recently he sold 90,000 units of UDR stock worth $3,556,800 on 7 June 2024.
The largest trade he's ever made was exercising 840,000 units of UDR Inc stock on 31 July 2018 worth over $8,450,400. On average, Thomas trades about 25,685 units every 63 days since 2002. As of 7 June 2024 he still owns at least 849,716 units of UDR Inc stock.
You can see the complete history of Mr. Toomey stock trades at the bottom of the page.
Thomas W. Toomey serves as Chairman of the Board, Chief Executive Officer of the Company. Over his tenure, Mr. Toomey has been instrumental in repositioning UDR’s portfolio, including the acquisition and disposition of over $17 billion in multifamily communities and development of $4 billion in multifamily communities, which has led to above average return of 13% for UDR’s shareholders. As of December 2018, UDR owned or had an ownership interest in approximately 48,860 apartment homes in select markets across the U.S. Chief Executive Officer of UDR. Prior to heading UDR, Mr. Toomey held various senior positions, including Chief Operating Officer and Chief Financial Officer, with AIMCO (NYSE), a multifamily REIT peer. At AIMCO, Mr. Toomey was instrumental in transforming the company into the largest apartment owner in the U.S., growing its portfolio ten-fold over his tenure. Prior to AIMCO, Mr. Toomey served as a Senior Vice President with Lincoln Property Company, a multifaceted, national real estate firm, for five years. As a leader in the real estate industry, Mr. Toomey is Global Chair, a Trustee, Governor and Board member of the Urban Land Institute (ULI), a member of the Board of Governors of the National Association of Real Estate Investment Trusts (NAREIT), on the Executive Committee of the National Multi Housing Council (NMHC), a member of The Real Estate Roundtable and is Chair and a Trustee of the Oregon State University Foundation. Mr. Toomey served on the board of directors and was a member of the audit committee of The Ryland Group, Inc. (NYSE), a home builder, from December 2013 until its merger with Standard Pacific in October 2015.
As the Chairman of the Board and Chief Executive Officer of UDR Inc, the total compensation of Thomas Toomey at UDR Inc is $6,307,730. There are no executives at UDR Inc getting paid more.
Thomas Toomey is 59, he's been the Chairman of the Board and Chief Executive Officer of UDR Inc since 2019. There are 9 older and 10 younger executives at UDR Inc. The oldest executive at UDR Inc is James Klingbeil, 84, who is the Lead Independent Director.
Thomas's mailing address filed with the SEC is 1745 SHEA CENTER DRIVE, SUITE 200, HIGHLANDS RANCH, CO, 80129.
Over the last 26 years, insiders at UDR Inc have traded over $97,029,198 worth of UDR Inc stock and bought 24,082 units worth $659,565 . The most active insiders traders include Thomas W Toomey, Capital Preferred Growth In..., and Warren L Troupe. On average, UDR Inc executives and independent directors trade stock every 51 days with the average trade being worth of $1,501,477. The most recent stock trade was executed by Thomas W Toomey on 7 June 2024, trading 90,000 units of UDR stock currently worth $3,556,800.
udr, inc. (nyse:udr), an s&p 500 company, is a leading multifamily real estate investment trust with a demonstrated performance history of delivering superior and dependable returns by successfully managing, buying, selling, developing and redeveloping attractive real estate properties in targeted u.s. markets. as of december 31, 2016, udr owned or had an ownership position in 49,907 apartment homes including 3,604 homes under development or in preferred equity investments. for over 45 years, udr has delivered long-term value to shareholders, the best standard of service to residents and the highest quality experience for associates.
UDR Inc executives and other stock owners filed with the SEC include: