Last updated: 14 May 2020 at 5:05pm EST

Michael Rietbrock Net Worth




The estimated Net Worth of Michael Rietbrock is at least $1.52 Million dollars as of 1 May 2020. Mr. Rietbrock owns over 4,457 units of MGM Growth Properties stock worth over $825,933 and over the last 9 years he sold MGP stock worth over $457,492. In addition, he makes $238,750 as Independent Director at MGM Growth Properties.

Mr. Rietbrock MGP stock SEC Form 4 insiders trading

Michael has made over 7 trades of the MGM Growth Properties stock since 2016, according to the Form 4 filled with the SEC. Most recently he sold 19,745 units of MGP stock worth $457,492 on 12 May 2020.

The largest trade he's ever made was selling 19,745 units of MGM Growth Properties stock on 12 May 2020 worth over $457,492. On average, Michael trades about 1,348 units every 45 days since 2016. As of 1 May 2020 he still owns at least 19,745 units of MGM Growth Properties stock.

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





Michael Rietbrock biography

Michael J. Rietbrock serves as Independent Director of the Company. Mr. Rietbrock is the Chief Operating Officer and Director of Research at MoffettNathanson, LLC. Previously, Mr. Rietbrock was Managing Director and the Head of Global Equity Research and Co-Head of U.S. Equities at Nomura Securities from March 2010 to October 2015. He previously served as Managing Director and the Head of U.S. Equity Research at Bank of America Securities from May 2008 to March 2010, where he managed its acquisition of and integration with Merrill Lynch. Prior to joining Bank of America, Mr. Rietbrock was a Portfolio Manager at Caxton Associates, where he managed a portfolio of real estate, gaming, and lodging securities. Mr. Rietbrock began his career at Citigroup, where he served for more than 15 years. Mr. Rietbrock serves on the Board of Trustees of the Ideal School of Manhattan. He graduated from Harvard College with a degree in Economics. Mr. Rietbrock was selected to our board of directors because of his extensive financial experience, particularly in the real estate, gaming and lodging sectors.

What is the salary of Michael Rietbrock?

As the Independent Director of MGM Growth Properties, the total compensation of Michael Rietbrock at MGM Growth Properties is $238,750. There are 5 executives at MGM Growth Properties getting paid more, with James Stewart having the highest compensation of $4,076,600.



How old is Michael Rietbrock?

Michael Rietbrock is 51, he's been the Independent Director of MGM Growth Properties since 2016. There are 8 older and 3 younger executives at MGM Growth Properties. The oldest executive at MGM Growth Properties LLC is Thomas Roberts, 73, who is the Lead Independent Director.

What's Michael Rietbrock's mailing address?

Michael's mailing address filed with the SEC is C/O MGM GROWTH PROPERTIES LLC, 6385 S. RAINBOW BOULEVARD, SUITE 500, LAS VEGAS, NV, 89118.

Insiders trading at MGM Growth Properties

Over the last 9 years, insiders at MGM Growth Properties have traded over $6,438,345 worth of MGM Growth Properties stock and bought 570,715 units worth $12,081,299 . The most active insiders traders include James Murren, William Hornbuckle und Corey Ian Sanders. On average, MGM Growth Properties executives and independent directors trade stock every 30 days with the average trade being worth of $588,506. The most recent stock trade was executed by James C. Stewart on 23 April 2022, trading 4,578 units of MGP stock currently worth $191,498.



What does MGM Growth Properties do?

MGM Growth Properties LLC is one of the leading real estate investment trusts engaged in the acquisition, ownership and leasing of large-scale destination entertainment and leisure resorts, whose diverse amenities include casino gaming, hotel, convention, dining, entertainment and retail offerings. MGP currently owns a portfolio of properties, consisting of 11 premier destination resorts in Las Vegas and elsewhere across the United States , MGM Northfield Park in Northfield, OH , Empire Resort Casino in Yonkers, NY , as well as a retail and entertainment district, The Park in Las Vegas. As of December 31, 2018 , its destination resorts, the Park, and MGM Northfield Park collectively comprise approximately 27,400 hotel rooms, 2.7 million convention square footage, 150 retail outlets, 300 food and beverage outlets and 20 entertainment venues. As a growth-oriented public real estate entity, MGP expects its relationship with MGM Resorts and other entertainment providers to attractively position MGP for the acquisition of additional properties across the entertainment, hospitality and leisure industries.



What does MGM Growth Properties's logo look like?

MGM Growth Properties LLC logo

Complete history of Mr. Rietbrock stock trades at MGM Growth Properties

Datum
#
Unternehmen
Insider
Trans.
Transaktion
Anzahl der Aktien Preis je Aktie Gesamtpreis Anzahl der Aktien nach Quelle
12 May 2020 Michael Rietbrock
Verkauf 19,745 $23.17 $457,492
12 May 2020
0
1 May 2020 Michael Rietbrock
Optionausübung 4,457 $24.52 $109,286
1 May 2020
19,745
10 Mar 2020 Michael Rietbrock
Kauf 2,000 $24.64 $49,280
10 Mar 2020
15,288
1 May 2019 Michael Rietbrock
Optionausübung 4,341 $32.34 $140,388
1 May 2019
13,288
2 May 2018 Michael Rietbrock
Optionausübung 3,947 $28.11 $110,950
2 May 2018
8,947
25 Apr 2016 Michael Rietbrock
Kauf 5,000 $21.00 $105,000
25 Apr 2016
5,000
25 Apr 2016 Michael Rietbrock
Kauf 5,000 $21.00 $105,000
25 Apr 2016
5,000


MGM Growth Properties executives and stock owners

MGM Growth Properties executives and other stock owners filed with the SEC include: