Richard Gavegnano Net Worth

The estimated Net Worth of Richard J Gavegnano is at least $29.1 Milhão dollars as of 11 August 2021. Mr. Gavegnano owns over 525,000 units of Meridian Bancorp Inc stock worth over $27,552,518 and over the last 16 years he sold EBSB stock worth over $0. In addition, he makes $1,560,360 as Chairman of the Board, President, e Chief Executive Officer at Meridian Bancorp Inc.

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Mr. Gavegnano EBSB stock SEC Form 4 insiders trading

Richard has made over 6 trades of the Meridian Bancorp Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 525,000 units of EBSB stock worth $7,974,750 on 11 August 2021.

The largest trade he's ever made was exercising 525,000 units of Meridian Bancorp Inc stock on 11 August 2021 worth over $7,974,750. On average, Richard trades about 112,299 units every 108 days since 2008. As of 11 August 2021 he still owns at least 1,140,891 units of Meridian Bancorp Inc stock.

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

Richard Gavegnano biography

Richard J. Gavegnano serves as Chairman of the Board, President, Chief Executive Officer of the Company. He was in the investment business for 37 years with national New York Stock Exchange member firms, and retired in 2006 ending his career as a Vice President with A.G. Edwards & Sons, Inc. He has been associated with East Boston Savings Bank (the “Bank”) for over 40 years serving as corporator, trustee and director. Mr. Gavegnano has served as Chairman of the Board of East Boston Savings Bank and the Company since 2003 and 2006, respectively. In 2007, Mr. Gavegnano was appointed Chief Executive Officer of the Company and Investor Relations Officer of the Company, and in 2014 was appointed President of East Boston Savings Bank and the Company. Mr. Gavegnano serves on the Federal Reserve Bank of Boston’s Community Depository Institutions Advisory Council. Mr. Gavegnano has experience in business development, commercial real estate and investments. Mr. Gavegnano’s positions as Chairman of the Board and Chief Executive Officer foster clear accountability, effective decision-making, a clear and direct channel of communication from senior management to the full Board, and alignment on corporate strategy.

What is the salary of Richard Gavegnano?

As the Chairman of the Board, President, e Chief Executive Officer of Meridian Bancorp Inc, the total compensation of Richard Gavegnano at Meridian Bancorp Inc is $1,560,360. There are no executives at Meridian Bancorp Inc getting paid more.

How old is Richard Gavegnano?

Richard Gavegnano is 72, he's been the Chairman of the Board, President, e Chief Executive Officer of Meridian Bancorp Inc since 2018. There are 3 older and 11 younger executives at Meridian Bancorp Inc. The oldest executive at Meridian Bancorp Inc is Anna DiMaria, 74, who is the Independent Director.

What's Richard Gavegnano's mailing address?

Richard's mailing address filed with the SEC is 61;67, Prospect Street, Peabody, Essex County, Massachusetts, 01960, United States.

Insiders trading at Meridian Bancorp Inc

Over the last 16 years, insiders at Meridian Bancorp Inc have traded over $1,399,409 worth of Meridian Bancorp Inc stock and bought 29,150 units worth $369,420 . The most active insiders traders include Richard J Gavegnano, Domenic A Gambardella, eFrank Romano. On average, Meridian Bancorp Inc executives and independent directors trade stock every 56 days with the average trade being worth of $463,100. The most recent stock trade was executed by Marilyn A Censullo on 4 November 2021, trading 12,000 units of EBSB stock currently worth $211,800.

What does Meridian Bancorp Inc do?

Meridian Bancorp, Inc. is the holding company for East Boston Savings Bank. East Boston Savings Bank, a Massachusetts-chartered stock savings bank founded in 1848, operates 43 branches in the greater Boston metropolitan area, including 42 full-service locations and one mobile branch. It offers a variety of deposit and loan products to individuals and businesses located in its primary market, which consists of Essex, Middlesex, Norfolk and Suffolk Counties, Massachusetts.

Complete history of Mr. Gavegnano stock trades at Meridian Bancorp Inc

Meridian Bancorp Inc executives and stock owners

Meridian Bancorp Inc executives and other stock owners filed with the SEC include:

• Richard Gavegnano,
  Chairman of the Board, President, Chief Executive Officer
• John Migliozzi,
  Executive Vice President - Real Estate Lending
• Frank Romano,
  Executive Vice President - Corporate Banking
• Edward Merritt,
  Executive Vice President - Business Development, Community Reinvestment, Corporate Secretary, Director
• Gregory Natalucci,
  Independent Director
• Domenic Gambardella,
  Independent Director
• Cynthia Carney,
  Independent Director
• John Carroll,
  Chief Operating Officer, Executive Vice President
• Marilyn Censullo,
  Independent Director
• Russell Chin,
  Independent Director
• Thomas Gunning,
  Independent Director
• Anna DiMaria,
  Independent Director
• Peter Scolaro,
  Independent Director
• Joyce Murphy,
  Independent Director
• Kenneth Fisher,
  Chief Financial Officer, Executive Vice President, Treasurer
• Carl La Greca,
  Director
• Vincent D Basile,
  Director
• Edward L Lynch,
  Director
• Richard F Fernandez,
  Director
• Deborah J Jackson,
  President and COO
• James G Sartori,
  Director
• Philip F Freehan,
  Executive Vice President
• Leonard V Siuda,
  Chief Financial Officer
• Gregory Derderian,
  Treasurer and CFO
• Paul T Sullivan,
  Director
• Mark L Abbate,
  EVP, Treasurer and CFO