Last updated: 1 March 2023 at 11:06am EST

Daniel P. Reininga Net Worth




The estimated Net Worth of Daniel P Reininga is at least $1.31 Million dollars as of 5 September 2019. Mr Reininga owns over 17,000 units of Lake Shore stock worth over $649,865 and over the last 18 years he sold LSBK stock worth over $111,509. In addition, he makes $547,451 as Pres and CEO & Director at Lake Shore.

Mr Reininga LSBK stock SEC Form 4 insiders trading

Mr has made over 10 trades of the Lake Shore stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 17,000 units of LSBK stock worth $133,960 on 5 September 2019.

The largest trade he's ever made was exercising 17,000 units of Lake Shore stock on 5 September 2019 worth over $133,960. On average, Mr trades about 1,856 units every 131 days since 2006. As of 5 September 2019 he still owns at least 51,090 units of Lake Shore stock.

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





Mr. Daniel P. Reininga biography

Daniel P. Reininga is the Pres, CEO & Director at Lake Shore.

What is the salary of Mr Reininga?

As the Pres and CEO & Director of Lake Shore, the total compensation of Mr Reininga at Lake Shore is $547,451. There are no executives at Lake Shore getting paid more.



How old is Mr Reininga?

Mr Reininga is 62, he's been the Pres and CEO & Director of Lake Shore since . There are 6 older and 11 younger executives at Lake Shore. The oldest executive at Lake Shore Bancorp, Inc. is David Mancuso, 74, who is the Independent Director.

What's Mr Reininga's mailing address?

Daniel's mailing address filed with the SEC is C/O 31 EAST FOURTH STREET, , DUNKIRK, NY, 14048.

Insiders trading at Lake Shore

Over the last 8 years, insiders at Lake Shore have traded over $47,509 worth of Lake Shore stock and bought 71,437 units worth $857,709 . The most active insiders traders include David C Mancuso, Daniel P Reininga, and Kim C Liddell. On average, Lake Shore executives and independent directors trade stock every 84 days with the average trade being worth of $35,540. The most recent stock trade was executed by Ann M Segarra on 27 August 2024, trading 1,700 units of LSBK stock currently worth $21,692.



What does Lake Shore do?

Lake Shore Bancorp, Inc. operates as the savings and loan holding company for Lake Shore Savings Bank that provides banking products and services. It accepts various deposit products, such as regular savings deposits, including Christmas Club, passbook, and statement savings accounts; money market savings and checking accounts; interest bearing and non-interest bearing checking accounts comprising demand deposits; health savings accounts; retirement accounts; time deposits; interest on lawyer accounts; and accounts for individuals, as well as commercial savings, checking, and money market accounts for small to medium sized businesses. The company's loan portfolio consists of commercial real estate, commercial construction, and home equity loans; lines of credit; commercial loans, such as business installment loan, line of credit, and other commercial loan; one-to four-family residential mortgages; and consumer loans that include personal consumer loans, overdraft lines of credit, vehicle loans, secured and unsecured property improvement loans, and other secured loans, as well as loans secured by certificates of deposit. As of February 5, 2021, it had eleven full-service branch locations in Western New York, including five locations in Chautauqua County and six locations in Erie County, New York. The company was founded in 1891 and is headquartered in Dunkirk, New York. Lake Shore Bancorp, Inc. operates as a subsidiary of Lake Shore, MHC.



What does Lake Shore's logo look like?

Lake Shore Bancorp, Inc. logo

Complete history of Mr Reininga stock trades at Lake Shore

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
5 Sep 2019 Daniel P Reininga
President and CEO
Option 17,000 $7.88 $133,960
5 Sep 2019
51,090
27 Aug 2019 Daniel P Reininga
President and CEO
Option 773 $7.88 $6,091
27 Aug 2019
34,863
13 Aug 2019 Daniel P Reininga
President and CEO
Sale 1,217 $14.70 $17,890
13 Aug 2019
34,090
14 Aug 2018 Daniel P Reininga
President and CEO
Sale 1,226 $17.10 $20,965
14 Aug 2018
31,969


Lake Shore executives and stock owners

Lake Shore executives and other stock owners filed with the SEC include: