Last updated: 1 February 2024 at 5:42pm EST

Louis Grassi Net Worth




The estimated Net Worth of Louis C Grassi is at least $2.24 Million dollars as of 15 March 2023. Mr. Grassi owns over 2,000 units of Flushing stock worth over $1,464,731 and over the last 21 years he sold FFIC stock worth over $566,532. In addition, he makes $204,000 as Independent Director at Flushing.

Mr. Grassi FFIC stock SEC Form 4 insiders trading

Louis has made over 14 trades of the Flushing stock since 2007, according to the Form 4 filled with the SEC. Most recently he bought 2,000 units of FFIC stock worth $30,140 on 15 March 2023.

The largest trade he's ever made was exercising 14,850 units of Flushing stock on 2 May 2014 worth over $262,251. On average, Louis trades about 1,391 units every 89 days since 2003. As of 15 March 2023 he still owns at least 108,821 units of Flushing stock.

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





Louis Grassi biography

Louis C. Grassi CPA serves as Independent Director of the Company. Grassi is Managing Partner and Chief Executive Officer of Grassi & Co., located in Jericho and New York City, with a practice in accounting, tax, technology and management consulting services. He is a licensed Certified Public Accountant and Certified Fraud Examiner, an author and an editor of a national tax and accounting publication. Mr. Grassi is a member of the Board of Directors of BRT Realty Trust. Mr. Grassi is board chair of Moore Stephens North America, a network of accounting and consulting firms.

What is the salary of Louis Grassi?

As the Independent Director of Flushing, the total compensation of Louis Grassi at Flushing is $204,000. There are 12 executives at Flushing getting paid more, with John Buran having the highest compensation of $2,208,100.



How old is Louis Grassi?

Louis Grassi is 64, he's been the Independent Director of Flushing since 1998. There are 13 older and 26 younger executives at Flushing. The oldest executive at Flushing Financial Corp. is Michael Russo, 85, who is the Independent Director.

What's Louis Grassi's mailing address?

Louis's mailing address filed with the SEC is 220 RXR PLAZA, , UNIONDALE, NY, 11556.

Insiders trading at Flushing

Over the last 25 years, insiders at Flushing have traded over $13,842,266 worth of Flushing stock and bought 88,266 units worth $1,308,576 . The most active insiders traders include John R Buran, Michael J Hegarty, and Maria A Grasso. On average, Flushing executives and independent directors trade stock every 18 days with the average trade being worth of $87,719. The most recent stock trade was executed by Maria A Grasso on 20 August 2024, trading 4,500 units of FFIC stock currently worth $60,705.



What does Flushing do?

flushing bank serves consumers, businesses, professionals, corporate clients, and public entities by offering a full complement of deposit, loan, and cash management services through its 19 banking offices located in queens, brooklyn, manhattan, and nassau county. as a leader in real estate lending, the bank's experienced lending team creates mortgage solutions for real estate owners and property managers both within and outside the new york city metropolitan area. the bank also operates an online banking division, igobanking.com®, which offers competitively priced deposit products to consumers nationwide. flushing financial corporation (nasdaq: ffic) is the holding company for flushing bank, a new york state chartered stock commercial bank insured by the federal deposit insurance corporation. member fdic equal housing lender eoe/m/f/d/v



What does Flushing's logo look like?

Flushing Financial Corp. logo

Complete history of Mr. Grassi stock trades at Flushing and BRT Apartments Corp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 Mar 2023 Louis C Grassi
Director
Buy 2,000 $15.07 $30,140
15 Mar 2023
108,821
16 Dec 2016 Louis C Grassi
Director
Sale 4,800 $28.40 $136,320
16 Dec 2016
74,136
13 Dec 2016 Louis C Grassi
Director
Sale 7,289 $28.72 $209,340
13 Dec 2016
78,936
2 May 2014 Louis C Grassi
Director
Option 14,850 $17.66 $262,251
2 May 2014
89,883
17 Mar 2014 Louis C Grassi
Director
Sale 4,400 $20.93 $92,092
17 Mar 2014
75,033
26 Apr 2013 Louis C Grassi
Director
Option 14,850 $13.65 $202,703
26 Apr 2013
87,786
6 Dec 2011 Louis C Grassi
Director
Sale 8,000 $12.61 $100,880
6 Dec 2011
63,336
28 Apr 2011 Louis C Grassi
Director
Option 14,850 $10.59 $157,262
28 Apr 2011
67,736
6 Dec 2022 Louis C Grassi
Buy 2,000 $19.74 $39,480
6 Dec 2022
62,361
18 Sep 2018 Louis C Grassi
Buy 1,000 $11.93 $11,930
18 Sep 2018
43,593
11 Feb 2009 Louis C Grassi
Sale 7,500 $3.72 $27,900
11 Feb 2009
10,854
18 Dec 2007 Louis C Grassi
Buy 2,500 $16.06 $40,150
18 Dec 2007
13,608
15 Aug 2007 Louis C Grassi
Buy 2,000 $18.00 $36,000
15 Aug 2007
10,895
13 Aug 2007 Louis C Grassi
Buy 3,000 $19.58 $58,740
13 Aug 2007
8,895


Flushing executives and stock owners

Flushing executives and other stock owners filed with the SEC include: