The estimated Net Worth of Damon Mote is at least $4.31 Milhão dollars as of 22 March 2024. Mr. Mote owns over 70,135 units of Overseas Shipholding stock worth over $3,521,525 and over the last 8 years he sold OSG stock worth over $0. In addition, he makes $789,957 as Vice President and Chief Administrative Officer at Overseas Shipholding.
Damon has made over 6 trades of the Overseas Shipholding stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 70,135 units of OSG stock worth $595,446 on 22 March 2024.
The largest trade he's ever made was exercising 75,216 units of Overseas Shipholding stock on 23 March 2023 worth over $638,584. On average, Damon trades about 14,277 units every 104 days since 2017. As of 22 March 2024 he still owns at least 414,785 units of Overseas Shipholding stock.
You can see the complete history of Mr. Mote stock trades at the bottom of the page.
Damon M. Mote serves as Vice President and Chief Administrative Officer of the Company. Prior to that, Mr. Mote served as Vice President of Marine Labor Relations since December 2014. Mr. Mote joined the Company in 2004 as Manager, Major Projects and then served as Director, New Construction beginning in 2006. In 2011 he was appointed as the Regional Manager of the Technical Services Group, which included responsibilities for engineering, purchasing, and the fleet management software system. Prior to joining OSG, he worked for fourteen years with Crowley Maritime. Mr. Mote holds a Bachelor of Science in Marine Engineering from California Maritime Academy.
As the Vice President and Chief Administrative Officer of Overseas Shipholding, the total compensation of Damon Mote at Overseas Shipholding is $789,957. There are 3 executives at Overseas Shipholding getting paid more, with Samuel Norton having the highest compensation of $2,002,370.
Damon Mote is 52, he's been the Vice President and Chief Administrative Officer of Overseas Shipholding since 2016. There are 11 older and 4 younger executives at Overseas Shipholding. The oldest executive at Overseas Shipholding Group, Inc. is Richard L. Trueblood CPA, CPA, 75, who is the VP & CFO.
Damon's mailing address filed with the SEC is 302 Knights Run Ave #1200, Tampa, FL 33602, USA.
Over the last 21 years, insiders at Overseas Shipholding have traded over $194,423,166 worth of Overseas Shipholding stock and bought 18,563,798 units worth $68,046,487 . The most active insiders traders include & Co. Inc. Paulson, Capital Partners, L.P.Freid..., eResources, Inc. Saltchuk. On average, Overseas Shipholding executives and independent directors trade stock every 21 days with the average trade being worth of $984,322. The most recent stock trade was executed by Samuel H Norton on 15 May 2024, trading 50,000 units of OSG stock currently worth $337,000.
overseas shipholding group, inc. is a leading provider of energy transportation services delivering crude oil and petroleum products throughout the united states and the world. founded in 1948, osg has operated through multiple shipping cycles, adjusting our business as needed to compete and succeed. our well-maintained fleet, and commitment to high quality, incident-free service, has positioned us as a preferred energy transportation provider to major oil companies, refiners and traders.
Overseas Shipholding executives and other stock owners filed with the SEC include: