The estimated Net Worth of Charles R Rinehart is at least $1.86 Milhão dollars as of 28 August 2020. Mr. Rinehart owns over 25,000 units of MBIA stock worth over $433,581 and over the last 16 years he sold MBI stock worth over $1,004,678. In addition, he makes $423,000 as Independent Chairman of the Board at MBIA.
Charles has made over 8 trades of the MBIA stock since 2008, according to the Form 4 filled with the SEC. Most recently he sold 25,000 units of MBI stock worth $202,750 on 28 August 2020.
The largest trade he's ever made was buying 50,000 units of MBIA stock on 7 August 2015 worth over $316,500. On average, Charles trades about 10,180 units every 195 days since 2008. As of 28 August 2020 he still owns at least 126,778 units of MBIA stock.
You can see the complete history of Mr. Rinehart stock trades at the bottom of the page.
Charles R. Rinehart serves as Independent Chairman of the Board of the Company. From September 2008 to December 2008, Mr. Rinehart served as Chief Executive Officer and as a Director of Downey Financial Corp. and Downey Savings and Loan Association, F.A. Mr. Rinehart retired from HF Ahmanson & Co. and its principal subsidiary, Home Savings of America, in 1998. Mr. Rinehart joined HF Ahmanson in 1989 and shortly thereafter was named President and Chief Operating Officer. He was named Chief Executive Officer in 1993 and also became Chairman in 1995 and served in these roles through 1998. Prior to joining H.F. Ahmanson, Mr. Rinehart was the Chief Executive Officer of Avco Financial Services from 1983 to 1989 and before that served in various positions of increasing responsibility at Fireman’s Fund Insurance Company. Within the past five years, he also served as a Director of PMI Group Inc. and Verifone Holdings, Inc.
As the Independent Chairman of the Board of MBIA, the total compensation of Charles Rinehart at MBIA is $423,000. There are 9 executives at MBIA getting paid more, with William Fallon having the highest compensation of $4,035,220.
Charles Rinehart is 73, he's been the Independent Chairman of the Board of MBIA since 2015. There are no older and 14 younger executives at MBIA.
Charles's mailing address filed with the SEC is C/0 MBIA INC., 1 MANHATTANVILLE ROAD - SUITE 301, PURCHASE, NY, 10577.
Over the last 21 years, insiders at MBIA have traded over $752,881,289 worth of MBIA stock and bought 92,103,147 units worth $959,120,418 . The most active insiders traders include Kewsong Lee, Pincus Private Equity X, L...., eSean Carney. On average, MBIA executives and independent directors trade stock every 48 days with the average trade being worth of $4,125,515. The most recent stock trade was executed by Theodore Shasta on 13 June 2024, trading 21,405 units of MBI stock currently worth $118,156.
mbia inc., headquartered in purchase, new york is a holding company whose subsidiaries provide financial guarantee insurance and other specialized financial services. for additional information, please visit www.mbia.com.
MBIA executives and other stock owners filed with the SEC include: