The estimated Net Worth of John P Iii Hollihan is at least $691 mil dollars as of 22 August 2024. Mr. Hollihan owns over 520 units of ARMOUR Residential REIT Inc stock worth over $248,748 and over the last 15 years he sold ARR stock worth over $104,890. In addition, he makes $336,890 as Independent Director at ARMOUR Residential REIT Inc.
John has made over 32 trades of the ARMOUR Residential REIT Inc stock since 2009, according to the Form 4 filled with the SEC. Most recently he exercised 520 units of ARR stock worth $10,707 on 22 August 2024.
The largest trade he's ever made was buying 16,300 units of ARMOUR Residential REIT Inc stock on 15 March 2013 worth over $100,734. On average, John trades about 1,046 units every 66 days since 2009. As of 22 August 2024 he still owns at least 12,081 units of ARMOUR Residential REIT Inc stock.
You can see the complete history of Mr. Hollihan stock trades at the bottom of the page.
John P. Hollihan III, is Independent Director of the Company. Mr. Hollihan was also a director of JAVELIN from June 2012 until the Merger in April 2016. Mr. Hollihan has over 35 years of investment banking and investment experience. Mr. Hollihan has served as Executive Chairman of Litchfield Capital Holdings Inc. (Florida) since 2005, and as a board member of several privately held companies in the United States and United Kingdom. Mr. Hollihan was also a trustee of American Financial Realty Trust (NYSE: AFR) from 2005 until its sale in 2008. From 2000 to 2002, Mr. Hollihan was the Head of European Industry Investment Banking for Banc of America Securities (“BAS”), where he was a member of the BAS European Capital Committee and Board, and where he had responsibility for a loan book of approximately $8 billion. Prior to that, from 1986 to 2000, Mr. Hollihan was Head of Global Project and Asset Based Finance and Leasing at Morgan Stanley and was a member of the Morgan Stanley International Investment Banking Operating Committee. In that capacity, he managed approximately $45 billion in asset based and structured financings and leasing arrangements. Mr. Hollihan holds B.S. (Wharton) and B.A. degrees from the University of Pennsylvania, and a J.D. from the University of Virginia School of Law.
As the Independent Director of ARMOUR Residential REIT Inc, the total compensation of John Hollihan at ARMOUR Residential REIT Inc is $336,890. There are 5 executives at ARMOUR Residential REIT Inc getting paid more, with Jeffrey Zimmer having the highest compensation of $793,000.
John Hollihan is 70, he's been the Independent Director of ARMOUR Residential REIT Inc since 2009. There are 1 older and 16 younger executives at ARMOUR Residential REIT Inc. The oldest executive at ARMOUR Residential REIT Inc is Stewart Paperin, 72, who is the Independent Director.
John's mailing address filed with the SEC is 3001 OCEAN DRIVE, SUITE #201, VERO BEACH, FL, 32963.
Over the last 15 years, insiders at ARMOUR Residential REIT Inc have traded over $10,915,847 worth of ARMOUR Residential REIT Inc stock and bought 1,781,484 units worth $16,414,436 . The most active insiders traders include Marc H Bell, Jeffrey J Zimmer, eScott Ulm. On average, ARMOUR Residential REIT Inc executives and independent directors trade stock every 12 days with the average trade being worth of $251,980. The most recent stock trade was executed by Gordon Harper on 22 August 2024, trading 2,100 units of ARR stock currently worth $43,239.
ARMOUR Residential REIT, Inc. (NYSE: ARR) is a Maryland corporation incorporated in 2008. ARMOUR and its subsidiaries are managed by ARMOUR Capital Management LP, an investment advisor registered with the SEC. We invest primarily in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored entity, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, “Agency Securities”). Our Agency Securities consist primarily of fixed rate loans. The remaining are either backed by hybrid adjustable rate or adjustable rate loans. From time to time we may also invest in Interest-Only Securities, U.S. Treasury Securities and money market instruments.
ARMOUR Residential REIT Inc executives and other stock owners filed with the SEC include: