The estimated Net Worth of Michael D Fascitelli is at least $97 Milión dollars as of 21 December 2023. Mr. Fascitelli owns over 600,000 units of Vornado Realty Trust stock worth over $33,088,728 and over the last 21 years he sold VNO stock worth over $63,735,039. In addition, he makes $223,785 as Trustee at Vornado Realty Trust.
Michael has made over 10 trades of the Vornado Realty Trust stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 600,000 units of VNO stock worth $17,724,000 on 21 December 2023.
The largest trade he's ever made was exercising 1,370,000 units of Vornado Realty Trust stock on 18 December 2003 worth over $32,153,900. On average, Michael trades about 36,441 units every 67 days since 2003. As of 21 December 2023 he still owns at least 969,491 units of Vornado Realty Trust stock.
You can see the complete history of Mr. Fascitelli stock trades at the bottom of the page.
Michael D. Fascitelli is Trustee of the Company. Mr. Fascitelli has served as a member of our Board of Trustees since December 1996. Since June 2013, Mr. Fascitelli has been the owner and principal of MDF Capital LLC (a private investment firm). Since November 2017, Mr. Fascitelli has served as Co-Founder and Managing Partner of Imperial Companies (a private real estate company). Since December 2014, Mr. Fascitelli has served as Chair of the Investment Committee, Senior Advisor and Board Member of Quadro Partners Inc. (a private online real estate investment platform). Previously, Mr. Fascitelli served as our President from December 1996, and as our Chief Executive Officer from May 2009, until his resignation from both positions effective April 15, 2013. Since January 16, 2014, Mr. Fascitelli has served on the Board of Trustees of Invitation Homes Inc. (a New York Stock Exchange-listed residential real estate investment trust) or its predecessors. From 2015 to 2017, Mr. Fascitelli also served as a member of the Board of Commissioners of the Port Authority of New York and New Jersey. Since June 2018, Mr. Fascitelli has also served as a director of Sculptor Capital Management (formerly Och Ziff Capital Management Group LLC) (a New York Stock Exchange-listed, global, institutional, alternative asset manager).
As the Trustee of Vornado Realty Trust, the total compensation of Michael Fascitelli at Vornado Realty Trust is $223,785. There are 19 executives at Vornado Realty Trust getting paid more, with Haim Chera having the highest compensation of $26,488,800.
Michael Fascitelli is 63, he's been the Trustee of Vornado Realty Trust since 2013. There are 10 older and 12 younger executives at Vornado Realty Trust. The oldest executive at Vornado Realty Trust is David Mandelbaum, 84, who is the Independent Trustee.
Michael's mailing address filed with the SEC is C/O VORNADO REALTY TRUST, 888 SEVENTH AVENUE, NEW YORK, NY, 10019.
Over the last 22 years, insiders at Vornado Realty Trust have traded over $137,626,065 worth of Vornado Realty Trust stock and bought 365,641 units worth $7,316,820 . The most active insiders traders include Steven Roth, Realty Trust Vornado a Michael D Fascitelli. On average, Vornado Realty Trust executives and independent directors trade stock every 70 days with the average trade being worth of $2,639,648. The most recent stock trade was executed by Russell B Jr Wight on 11 July 2024, trading 2,000 units of VNO stock currently worth $56,380.
vornado realty trust is a preeminent owner, manager and developer of office and retail assets. vornado’s portfolio is concentrated in the nation’s key market — new york city — along with the premier asset in both chicago and san francisco. vornado is also the real estate industry leader in sustainability policy. the company owns and manages over 27 million square feet of leed certified buildings and received the energy star partner of the year award, sustained excellence 2020. in 2012, vornado commemorated 50 years on the nyse.
Vornado Realty Trust executives and other stock owners filed with the SEC include: