The estimated Net Worth of Lance Phillips is at least $2.7 Milhão dollars as of 19 October 2021. Mr. Phillips owns over 107,232 units of Capstead Mortgage stock worth over $1,642,115 and over the last 8 years he sold CMO stock worth over $0. In addition, he makes $1,055,990 as Chief Financial Officer, Senior Vice President, e Secretary at Capstead Mortgage.
Lance has made over 4 trades of the Capstead Mortgage stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 107,232 units of CMO stock worth $697,008 on 19 October 2021.
The largest trade he's ever made was exercising 107,232 units of Capstead Mortgage stock on 19 October 2021 worth over $697,008. On average, Lance trades about 13,232 units every 109 days since 2016. As of 19 October 2021 he still owns at least 252,633 units of Capstead Mortgage stock.
You can see the complete history of Mr. Phillips stock trades at the bottom of the page.
Lance J. Phillips is Chief Financial Officer, Senior Vice President, Secretary of the Company. Mr. Phillips has served as our Senior Vice President, Chief Financial Officer and Secretary since October 2017. Prior to joining Capstead, Mr. Phillips was vice president, principal accounting officer and controller of Hunt Utility Services, the external manager for InfraREIT Inc. (NYSE: HIFR). Mr. Phillips had served in various executive capacities with the Ray L. Hunt family of companies since 2010. From 2006 to 2010, Mr. Phillips served as director of finance and controller at Interphase Corporation (NASD: INPH). Prior thereto, he held various accounting roles at Fujitsu from 1999 to 2006. He began his career at Arthur Andersen, LLP in Dallas as a member of the audit and advisory services group. He is a Certified Public Accountant in the state of Texas.
As the Chief Financial Officer, Senior Vice President, e Secretary of Capstead Mortgage, the total compensation of Lance Phillips at Capstead Mortgage is $1,055,990. There are 3 executives at Capstead Mortgage getting paid more, with Phillip Reinsch having the highest compensation of $1,934,070.
Lance Phillips is 46, he's been the Chief Financial Officer, Senior Vice President, e Secretary of Capstead Mortgage since 2017. There are 9 older and no younger executives at Capstead Mortgage. The oldest executive at Capstead Mortgage Corp. is Michael O'Neil, 77, who is the Independent Director.
Lance's mailing address filed with the SEC is 8401 N CENTRAL EXPRESSWAY, SUITE 800, , DALLAS, TX, 75225.
Over the last 21 years, insiders at Capstead Mortgage have traded over $3,414,319 worth of Capstead Mortgage stock and bought 1,021,785 units worth $8,143,825 . The most active insiders traders include Phillip A Reinsch, Howard Rubin, eMichelle P Goolsby. On average, Capstead Mortgage executives and independent directors trade stock every 51 days with the average trade being worth of $136,663. The most recent stock trade was executed by Roy Kim on 19 October 2021, trading 144,305 units of CMO stock currently worth $937,983.
Formed in 1985 and based in Dallas, Texas, Capstead is a self-managed real estate investment trust, or REIT, for federal income tax purposes. The Company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, referred to as ARM securities, issued and guaranteed by government-sponsored enterprises, either Fannie Mae or Freddie Mac, or by an agency of the federal government, Ginnie Mae.
Capstead Mortgage executives and other stock owners filed with the SEC include: