Margaret Cotter has been a Director of our Company since September 27, 2002, and on August 7, 2014 was appointed Vice Chairperson of our Board and currently serves as a member of our Executive Committee. On March 10, 2016, our Board appointed Ms. Cotter as Executive Vice President-Real Estate Management and Development-NYC, and Ms. Cotter became a full-time employee of our Company. In this position, Ms. Cotter is responsible for the daily management of our live theater properties and operations, including the oversight of the day to day development process of our Union Square and Cinemas 1, 2, 3 properties and oversight of our Chicago and Pennsylvania real estate holdings. Ms. Cotter is the owner and President of OBI, LLC (“OBI”), which, from 2002 until her appointment as Executive Vice President – Real Estate Management and Development- NYC, managed our live theater operations under a management agreement and provided management and various services regarding the development of our New York theater and cinema properties. Pursuant to the OBI management agreement, Ms. Cotter also served as the President of Liberty Theaters, LLC, the subsidiary through which we own our live theaters. The OBI management agreement was terminated with Ms. Cotter’s appointment as Executive Vice President-Real Estate Management and Development-NYC. Ms. Cotter is also a theatrical producer who has produced shows in Chicago and New York and in May 2017, due to other commitments, stepped down as a long-time board member of the League of Off-Broadway Theaters and Producers. She is a director of Cecelia Packing Corporation and, of a captive insurance company providing insurance for the Cotter family agricultural activities. Ms. Cotter, a former Assistant District Attorney for King’s County in Brooklyn, New York, graduated from Georgetown University and Georgetown University Law Center. She is the sister of Ellen M. Cotter and James J. Cotter, Jr. Ms. Margaret Cotter is a Co-Executor of her father’s estate, which is the record owner of 326,800 shares of Class A Stock and 427,808 shares of our Class B Stock (representing 25.5% of such Class B Stock). Ms. Cotter is also a Co-Trustee of the Cotter Living Trust, which is the record owner of 1,897,649 shares of Class A Stock and 696,080 shares of Class B Voting Common Stock (representing an additional 41.4% of such Class B Stock), the Co-Trustee of the Cotter Foundation, which is the record owner of 102,751 shares of Class A Stock, and the Co-Trustee of the Cotter 2005 Grandchildren’s Trust, which is the record holder of 270,890 shares of Class A Stock. Ms. Cotter also holds various positions in her family’s agricultural enterprises.
Ms. Cotter brings to the Board her experience as a live theater producer, theater operator and an active member of the New York theatre community, which gives her insight into live theater business trends that affect our business in this sector, and in New York and Chicago real estate matters. Operating the daily oversight of our theater properties for over nineteen years, Ms. Cotter contributes to the strategic direction for our developments. In addition, with her direct ownership of 815,214 shares of Class A Stock and 35,100 shares of Class B Stock and her positions as Co-Executor of her father’s estate and Co-Trustee of the Cotter Trust, the Cotter Foundation, and the James J. Cotter Grandchildren’s Trust, Ms. Cotter is a significant stakeholder in our Company.
What is Margaret Cotter's net worth?
The estimated net worth of Margaret Cotter is at least $1.62 million as of April 27th, 2022. Ms. Cotter owns 1,248,899 shares of Reading International stock worth more than $1,623,569 as of December 21st. This net worth approximation does not reflect any other investments that Ms. Cotter may own. Additionally, Ms. Cotter receives a salary of $494,080.00 as EVP at Reading International. Learn More about Margaret Cotter's net worth.
How old is Margaret Cotter?
Ms. Cotter is currently 56 years old. There are 8 older executives and no younger executives at Reading International. The oldest executive at Reading International is Mr. Robert F. Smerling, President of US Cinemas, who is 89 years old. Learn More on Margaret Cotter's age.
What is Margaret Cotter's salary?
As the EVP of Reading International, Inc., Ms. Cotter earns $494,080.00 per year. There are 3 executives that earn more than Ms. Cotter. The highest earning executive at Reading International is Ms. Ellen Marie Cotter, President, CEO & Vice Chairman, who commands a salary of $620,580.00 per year. Learn More on Margaret Cotter's salary.
How do I contact Margaret Cotter?
Has Margaret Cotter been buying or selling shares of Reading International?
Margaret Cotter has not been actively trading shares of Reading International during the past quarter. Most recently, Margaret Cotter sold 2,750 shares of the business's stock in a transaction on Wednesday, April 27th. The shares were sold at an average price of $3.85, for a transaction totalling $10,587.50. Following the completion of the sale, the executive vice president now directly owns 1,248,899 shares of the company's stock, valued at $4,808,261.15. Learn More on Margaret Cotter's trading history.
Who are Reading International's active insiders?
Are insiders buying or selling shares of Reading International?
During the last twelve months, Reading International insiders bought shares 7 times. They purchased a total of 16,500 shares worth more than $28,750.00. During the last twelve months, insiders at the sold shares 4 times. They sold a total of 30,000 shares worth more than $46,150.00. The most recent insider tranaction occured on September, 18th when Director Douglas James Mceachern bought 1,500 shares worth more than $2,775.00. Insiders at Reading International own 25.7% of the company.
Learn More about insider trades at Reading International. Information on this page was last updated on 9/18/2024.
