Last updated: 3 May 2024 at 12:30pm EST

H. Charles Maddy Net Worth




The estimated Net Worth of H Charles Iii Maddy is at least $2.69 Milhão dollars as of 29 July 2019. Mr. Maddy owns over 8,561 units of Summit Inc stock worth over $1,064,288 and over the last 21 years he sold SMMF stock worth over $486,325. In addition, he makes $1,140,710 as President, Chief Executive Officer, e Director at Summit Inc.

Mr. Maddy SMMF stock SEC Form 4 insiders trading

H has made over 20 trades of the Summit Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 8,561 units of SMMF stock worth $232,003 on 29 July 2019.

The largest trade he's ever made was exercising 13,940 units of Summit Inc stock on 6 December 2017 worth over $167,419. On average, H trades about 900 units every 42 days since 2003. As of 29 July 2019 he still owns at least 41,412 units of Summit Inc stock.

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





H. Charles Maddy biography

H. Charles Maddy III serves as President, Chief Executive Officer, Director of the Company. He has served as a member of the Board of Directors since 1993 and has served as a member of the Board of Directors of Summit’s banking subsidiary, Summit Community Bank, since 1993. Mr. Maddy is currently the President and Chief Executive Officer of the Company, and has served in this capacity since 1994. Mr. Maddy has demonstrated exceptional leadership through his participation in a variety of professional and community service activities, including his service as Director and past President of the West Virginia Bankers’ Association, chairman of its Audit Committee and member of its Legislative/Government Relations Committee, Pension & Benefits Committee and BankPAC Committee; member of American Bankers Association and serves on its Federal Home Loan Bank Administrative Committee; Director and a Founder of the Hardy County Child Care Center; Director of Valley View Golf Association; serves on the Board of Trustees of the Eastern West Virginia Community and Technical College Foundation; a past Director and Vice-Chairman of the Federal Home Loan Bank of Pittsburgh and past Chairman of its Audit Committee; past President and past Director of the West Virginia Association of Community Bankers and past Director of the Hardy County Community Foundation. Mr. Maddy has also been recognized as a leader in his industry and has been the recipient of the Outstanding CPA in Business and Industry Award and the AICPA Business and Industry Hall of Fame Award. Mr. Maddy received his bachelor degree in business administration with a concentration in accounting from Concord College. Mr. Maddy is a member of the Executive Committee, the Asset/Liability and Funds Management Committee and the ESOP/401(K) Committee.

What is the salary of H Maddy?

As the President, Chief Executive Officer, e Director of Summit Inc, the total compensation of H Maddy at Summit Inc is $1,140,710. There are no executives at Summit Inc getting paid more.



How old is H Maddy?

H Maddy is 57, he's been the President, Chief Executive Officer, e Director of Summit Inc since 2013. There are 17 older and 8 younger executives at Summit Inc. The oldest executive at Summit Financial Group Inc is Dewey Bensenhaver, 73, who is the Independent Director.

What's H Maddy's mailing address?

H's mailing address filed with the SEC is 300 NORTH MAIN STREET, , MOOREFIELD, WV, 26836.

Insiders trading at Summit Inc

Over the last 21 years, insiders at Summit Inc have traded over $4,773,269 worth of Summit Inc stock and bought 227,671 units worth $6,377,691 . The most active insiders traders include Gary L Hinkle, Jeffrey E. Hott, eH Charles Iii Maddy. On average, Summit Inc executives and independent directors trade stock every 21 days with the average trade being worth of $74,556. The most recent stock trade was executed by Charles Piccirillo on 3 May 2024, trading 7,793 units of SMMF stock currently worth $200,280.



What does Summit Inc do?

summit financial group, inc. is a financial holding company which provides community banking and insurance services . summit’s community banking operations consist of 15 banking offices located in the eastern panhandle and south central regions of west virginia and in the shenandoah valley and northern regions of virginia. summit financial group inc.’s affiliate entities are: summit community bank, a state chartered community bank , and summit insurance services, llc, a full lines insurance agency.



What does Summit Inc's logo look like?

Summit Financial Group Inc logo

Complete history of Mr. Maddy stock trades at Summit Inc

Data
#
Companhia
Acionista maioritário
Trans.
Transação
Ações Preço por ação Preço total Ações após Fonte
29 Jul 2019 H Charles Iii Maddy
Presidente e Chefe Executivo
Venda 8,561 $27.10 $232,003
29 Jul 2019
41,412
10 Dec 2018 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 2,400 $17.79 $42,696
10 Dec 2018
41,409
15 Dec 2017 H Charles Iii Maddy
Presidente e Chefe Executivo
Venda 1,900 $27.28 $51,832
15 Dec 2017
77,856
6 Dec 2017 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 13,940 $12.01 $167,419
6 Dec 2017
85,925
28 Nov 2017 H Charles Iii Maddy
Presidente e Chefe Executivo
Venda 3,800 $27.25 $103,550
28 Nov 2017
71,985
1 Nov 2017 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 3,800 $14.73 $55,974
1 Nov 2017
75,785
8 Dec 2016 H Charles Iii Maddy
Presidente e Chefe Executivo
Venda 3,400 $29.10 $98,940
8 Dec 2016
54,929
7 Dec 2016 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 2,400 $25.93 $62,232
7 Dec 2016
19,553
2 Dec 2016 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 1,400 $9.49 $13,286
2 Dec 2016
17,153
24 Oct 2016 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 1,200 $5.95 $7,140
24 Oct 2016
15,753
24 Oct 2016 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 1,200 $5.95 $7,140
24 Oct 2016
15,753
4 Dec 2015 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 1,400 $9.49 $13,286
4 Dec 2015
14,549
23 Oct 2015 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 1,200 $5.95 $7,140
23 Oct 2015
13,149
1 Dec 2014 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 1,400 $9.49 $13,286
1 Dec 2014
11,732
21 Oct 2014 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 1,200 $5.95 $7,140
21 Oct 2014
10,332
21 Feb 2014 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 1,600 $4.63 $7,408
21 Feb 2014
9,132
24 Oct 2013 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 1,200 $5.95 $7,140
24 Oct 2013
7,532
8 Feb 2013 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 4,800 $5.21 $25,008
8 Feb 2013
11,132
6 Feb 2013 H Charles Iii Maddy
Presidente e Chefe Executivo
Exercício de opção 1,600 $4.63 $7,408
6 Feb 2013
7,932
5 Dec 2011 H Charles Iii Maddy
Presidente e Chefe Executivo
Comprar 1,000 $2.45 $2,450
5 Dec 2011
10,075


Summit Inc executives and stock owners

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