Thomas Grimes, Jr. Biography and Net Worth

COO of Mid-America Apartment Communities

Thomas L. Grimes Jr., Executive VP, Chief Operating Officer

Mr. Grimes joined MAA in 1994 and was promoted to Chief Operating Officer in December 2011, having previously served as Executive Vice President and Director of Property Management.

Mr. Grimes holds a Bachelor of Arts from Emory University and an MBA from the University of Memphis. Mr. Grimes is a member of the Urban Land Institute (MultiFamily Gold Council) and the National Multifamily Housing Council.

What is Thomas L. Grimes, Jr.'s net worth?: The estimated net worth of Thomas L. Grimes, Jr. is at least $7.08 million as of April 29th, 2022. Mr. Grimes, Jr. owns 44,983 shares of Mid-America Apartment Communities stock worth more than $7,075,826 as of November 21st. This net worth approximation does not reflect any other assets that Mr. Grimes, Jr. may own. Learn More about Thomas L. Grimes, Jr.'s net worth.
How do I contact Thomas L. Grimes, Jr.?: The corporate mailing address for Mr. Grimes, Jr. and other Mid-America Apartment Communities executives is 6815 POPLAR AVENUE SUITE 500, GERMANTOWN TN, 38138. Mid-America Apartment Communities can also be reached via phone at (866) 620-1130 and via email at [email protected]. Learn More on Thomas L. Grimes, Jr.'s contact information.
Has Thomas L. Grimes, Jr. been buying or selling shares of Mid-America Apartment Communities?: Thomas L. Grimes, Jr. has not been actively trading shares of Mid-America Apartment Communities in the last ninety days. Most recently, Thomas L. Grimes, Jr. sold 20,000 shares of the business's stock in a transaction on Friday, April 29th. The shares were sold at an average price of $202.50, for a transaction totalling $4,050,000.00. Following the completion of the sale, the chief operating officer now directly owns 44,983 shares of the company's stock, valued at $9,109,057.50. Learn More on Thomas L. Grimes, Jr.'s trading history.
Who are Mid-America Apartment Communities' active insiders?: Mid-America Apartment Communities' insider roster includes Timothy Argo (EVP), H. Bolton, Jr. (CEO), Albert Campbell, III (CFO), Melanie Carpenter (EVP), Robert Delpriore (EVP), Russell French (Director), Thomas Grimes, Jr. (COO), Monica McGurk (Director), William Sanders (Director), and David Stockert (Director). Learn More on Mid-America Apartment Communities' active insiders.
Are insiders buying or selling shares of Mid-America Apartment Communities?: In the last twelve months, insiders at the real estate investment trust sold shares 5 times. They sold a total of 7,206 shares worth more than $927,164.43. The most recent insider tranaction occured on April, 5th when EVP Timothy Argo sold 68 shares worth more than $8,572.76. Insiders at Mid-America Apartment Communities own 1.3% of the company. Learn More about insider trades at Mid-America Apartment Communities.
Information on this page was last updated on 4/5/2024.

Thomas L. Grimes, Jr. Insider Trading History at Mid-America Apartment Communities

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
4/29/2022	Sell	20,000	$202.50	$4,050,000.00	44,983
1/11/2022	Sell	2,361	$214.49	$506,410.89
1/6/2022	Sell	579	$223.64	$129,487.56
4/6/2021	Sell	683	$146.44	$100,018.52	82,192
1/12/2021	Sell	406	$123.51	$50,145.06	76,047
4/6/2020	Sell	367	$99.60	$36,553.20	74,873
4/3/2020	Sell	226	$92.99	$21,015.74	73,467
3/26/2020	Sell	138	$98.15	$13,544.70	66,870
1/13/2020	Sell	284	$132.16	$37,533.44	67,546
3/26/2019	Sell	340	$108.58	$36,917.20	54,444
3/12/2019	Sell	210	$107.04	$22,478.40	55,152
1/16/2019	Sell	177	$97.84	$17,317.68	55,572
1/10/2019	Sell	84	$94.60	$7,946.40	53,826

Thomas L. Grimes, Jr. Buying and Selling Activity at Mid-America Apartment Communities

Mid-America Apartment Communities Company Overview

MAA, an S&P 500 company, is a real estate investment trust (REIT) focused on delivering full-cycle and superior investment performance for shareholders through the ownership, management, acquisition, development and redevelopment of quality apartment communities primarily in the Southeast, Southwest and Mid-Atlantic regions of the United States. As of December 31, 2023, MAA had ownership interest in 102,662 apartment units, including communities currently in development, across 16 states and the District of Columbia.

Today's Range

Now: $158.83

$157.30

$159.02

50 Day Range

MA: $156.98

$149.17

$166.65

2 Week Range

Now: $158.83

$121.38

$167.39

Volume

192,282 shs

Average Volume

746,350 shs

Market Capitalization

$18.56 billion

P/E Ratio

35.85

Dividend Yield

3.72%

Beta

0.88

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