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Last updated: 5 May 2023 at 4:12pm EST

Lorrence Kellar Net Worth




The estimated Net Worth of Lorrence T Kellar is at least $1.93 Million dollars as of 13 September 2021. Mr. Kellar owns over 2,500 units of Acadia Realty Trust stock worth over $1,020,169 and over the last 21 years he sold AKR stock worth over $676,300. In addition, he makes $236,018 as Independent Trustee at Acadia Realty Trust.

Mr. Kellar AKR stock SEC Form 4 insiders trading

Lorrence has made over 11 trades of the Acadia Realty Trust stock since 2004, according to the Form 4 filled with the SEC. Most recently he sold 2,500 units of AKR stock worth $51,800 on 13 September 2021.

The largest trade he's ever made was exercising 20,250 units of Acadia Realty Trust stock on 21 February 2012 worth over $258,998. On average, Lorrence trades about 834 units every 71 days since 2003. As of 13 September 2021 he still owns at least 45,361 units of Acadia Realty Trust stock.

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





Lorrence Kellar biography

Lorrence T. Kellar serves as Independent Trustee of the Company. Mr. Kellar has been a Trustee of the Company since November 2003 and is an "audit committee financial expert" as that term is defined by the U.S. Securities and Exchange Commission ("SEC"). Mr. Kellar was Vice President at Continental Properties, a retail and residential developer from November 2002 until his retirement in November 2009. He recently retired as chairman of Multi-Color Corporation and also retired from the boards of Frisch’s Restaurant, Inc., and the Spar Group. Prior to joining Continental Properties in 2002, Mr. Kellar served as Vice President of Real Estate with Kmart Corporation from 1996 to 2002. From 1965 to 1996, Mr. Kellar served with The Kroger Co., the country's largest supermarket company, where his final position was Group Vice President of Finance and Real Estate. Mr. Kellar is also a member of the NACD.

What is the salary of Lorrence Kellar?

As the Independent Trustee of Acadia Realty Trust, the total compensation of Lorrence Kellar at Acadia Realty Trust is $236,018. There are 11 executives at Acadia Realty Trust getting paid more, with Kenneth Bernstein having the highest compensation of $5,731,110.



How old is Lorrence Kellar?

Lorrence Kellar is 82, he's been the Independent Trustee of Acadia Realty Trust since 2003. There are no older and 17 younger executives at Acadia Realty Trust.

What's Lorrence Kellar's mailing address?

Lorrence's mailing address filed with the SEC is C/O ACADIA REALTY TRUST, 411 THEODORE FREMD AVE, RYE, NY, 10580.

Insiders trading at Acadia Realty Trust

Over the last 26 years, insiders at Acadia Realty Trust have traded over $154,898,890 worth of Acadia Realty Trust stock and bought 475,611 units worth $10,424,466 . The most active insiders traders include University Yale, Kenneth F Bernstein, and Joel L Braun. On average, Acadia Realty Trust executives and independent directors trade stock every 36 days with the average trade being worth of $932,053. The most recent stock trade was executed by John J. Gottfried on 3 May 2024, trading 12,500 units of AKR stock currently worth $211,125.



What does Acadia Realty Trust do?

acadia realty trust (nyse:akr) is an equity real estate investment trust focused on delivering long-term, profitable growth via its dual - core and opportunity fund - platforms. our energized team is accomplishing this goal by building a best-in-class, location-driven core real estate portfolio with meaningful concentrations of assets in the nation's most dynamic urban and street-retail corridors. at the same time, we are amplifying this portfolio's solid growth by making highly-profitable opportunistic and value-add investments through our series of discretionary, institutional funds. for the trailing 15-year period ended december 31, 2014, acadia's stock achieved a cumulative total return of 1,388%, placing our company among the industry's top-performing reit's. we attribute our success to our differentiated platform and to our team's steadfast commitment to our company's four core values: integrity, intensity, intelligence, and innovation. our portfolio across the united states incl



What does Acadia Realty Trust's logo look like?

Acadia Realty Trust logo

Complete history of Mr. Kellar stock trades at Spar and Acadia Realty Trust

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
13 Sep 2021 AKR Acadia Realty Trust Lorrence T Kellar
Director
 Sale 2,500 $20.72 $51,800
13 Sep 2021
45,361 ↗
19 Feb 2015 AKR Acadia Realty Trust Lorrence T Kellar
Director
 Sale 10,000 $35.24 $352,400
19 Feb 2015
39,861 ↗
10 Jul 2014 AKR Acadia Realty Trust Lorrence T Kellar
Director
 Option 3,000 $22.40 $67,200
10 Jul 2014
49,861 ↗
24 May 2013 AKR Acadia Realty Trust Lorrence T Kellar
Director
 Sale 10,000 $27.21 $272,100
24 May 2013
41,253 ↗
10 Apr 2012 AKR Acadia Realty Trust Lorrence T Kellar
Director
 Option 7,000 $14.34 $100,380
10 Apr 2012
43,034 ↗
23 Feb 2009 AKR Acadia Realty Trust Lorrence T Kellar
Director
 Buy 15,000 $9.05 $135,750
23 Feb 2009
23,499 ↗
30 Jan 2009 AKR Acadia Realty Trust Lorrence T Kellar
Director
 Buy 356 $12.58 $4,478
30 Jan 2009
8,499 ↗
20 May 2004 AKR Acadia Realty Trust Lorrence T Kellar
Director
 Buy 1,000 $12.05 $12,050
20 May 2004
1,000 ↗
8 Jun 2004 SGRP Spar Group, Inc. Lorrence T Kellar
Director
 Option 1,838 $0.01 $18
8 Jun 2004
6,148 ↗
23 Apr 2004 SGRP Spar Group, Inc. Lorrence T Kellar
Director
 Option 3,310 $0.01 $33
23 Apr 2004
4,310 ↗


Acadia Realty Trust executives and stock owners

Acadia Realty Trust executives and other stock owners filed with the SEC include: