Carolyn Downey Net Worth

The estimated Net Worth of Carolyn Downey is at least $658 Thousand dollars as of 22 August 2024. Ms. Downey owns over 520 units of ARMOUR Residential REIT Inc stock worth over $384,848 and over the last 11 years she sold ARR stock worth over $0. In addition, she makes $272,708 as Independent Director at ARMOUR Residential REIT Inc.

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Ms. Downey ARR stock SEC Form 4 insiders trading

Carolyn has made over 26 trades of the ARMOUR Residential REIT Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently she exercised 520 units of ARR stock worth $10,707 on 22 August 2024.

The largest trade she's ever made was buying 17,000 units of ARMOUR Residential REIT Inc stock on 5 March 2015 worth over $54,230. On average, Carolyn trades about 772 units every 44 days since 2013. As of 22 August 2024 she still owns at least 18,691 units of ARMOUR Residential REIT Inc stock.

You can see the complete history of Ms. Downey stock trades at the bottom of the page.

Carolyn Downey biography

Carolyn Downey is Independent Director of the Company. Ms. Downey has nearly 30 years of institutional capital markets experience working with leading institutions in global finance. From 1989 through 2007, Ms. Downey held various executive positions at, including as a Managing Director of, RBS Greenwich Capital, a fixed-income sales, trading and finance firm serving institutional clients, and a U.S. Government securities primary dealer. At RBS Greenwich Capital, Ms. Downey was responsible for relationships with real-estate investment trusts, financial institutions, hedge funds, investment managers and proprietary trading desks, participated in structuring and distribution of net interest margin securities, commercial mortgage securities and collateralized mortgage obligations, and advised on hedging strategies using derivative products and synthetic swaps. Prior to her time at RBS Greenwich Capital, Ms. Downey was a Vice President of Fixed Income Sales at Salomon, Inc. from 1981 through 1989, where she was for some time responsible for residual product placement and other equity tranches of structured debt and sourcing residuals from mortgage originators and security issuers. Ms. Downey also previously served as a mortgage product specialist in London and a thrift specialist in New York. She holds a B.A. degree from St. Mary’s College in Sociology, a B.S. degree in Accounting from Boston University and an M.B.A. degree from the Stanford University Graduate School of Business. Ms. Downey serves on the Advisory Board of St. Ann School, Manhattan, a partnership of patrons, the Archdiocese and school leaders, and previously served as a member of the Board of Directors of the Student Sponsor Partners.

What is the salary of Carolyn Downey?

As the Independent Director of ARMOUR Residential REIT Inc, the total compensation of Carolyn Downey at ARMOUR Residential REIT Inc is $272,708. There are 8 executives at ARMOUR Residential REIT Inc getting paid more, with Jeffrey Zimmer having the highest compensation of $793,000.

How old is Carolyn Downey?

Carolyn Downey is 70, she's been the Independent Director of ARMOUR Residential REIT Inc since 2013. There are 1 older and 16 younger executives at ARMOUR Residential REIT Inc. The oldest executive at ARMOUR Residential REIT Inc is Stewart Paperin, 72, who is the Independent Director.

What's Carolyn Downey's mailing address?

Carolyn's mailing address filed with the SEC is 3001 OCEAN DRIVE, SUITE 201, VERO BEACH, FL, 32963.

Insiders trading at ARMOUR Residential REIT Inc

Over the last 15 years, insiders at ARMOUR Residential REIT Inc have traded over $10,915,847 worth of ARMOUR Residential REIT Inc stock and bought 1,781,484 units worth $16,414,436 . The most active insiders traders include Marc H Bell, Jeffrey J Zimmer, and Scott Ulm. On average, ARMOUR Residential REIT Inc executives and independent directors trade stock every 12 days with the average trade being worth of $251,980. The most recent stock trade was executed by Gordon Harper on 22 August 2024, trading 2,100 units of ARR stock currently worth $43,239.

What does ARMOUR Residential REIT Inc do?

ARMOUR Residential REIT, Inc. (NYSE: ARR) is a Maryland corporation incorporated in 2008. ARMOUR and its subsidiaries are managed by ARMOUR Capital Management LP, an investment advisor registered with the SEC. We invest primarily in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored entity, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, “Agency Securities”). Our Agency Securities consist primarily of fixed rate loans. The remaining are either backed by hybrid adjustable rate or adjustable rate loans. From time to time we may also invest in Interest-Only Securities, U.S. Treasury Securities and money market instruments.

Complete history of Ms. Downey stock trades at ARMOUR Residential REIT Inc

ARMOUR Residential REIT Inc executives and stock owners

ARMOUR Residential REIT Inc executives and other stock owners filed with the SEC include:

• Scott Ulm,
  Co-Chief Executive Officer, Co-Vice Chairman and Chief Risk Officer
• Jeffrey Zimmer,
  Co-Vice Chairman of the Board, President, Co-Chief Executive Officer
• Mark Gruber,
  Chief Investment Officer
• James Mountain,
  Chief Financial Officer, Secretary
• Stewart Paperin,
  Independent Director
• John Hollihan,
  Independent Director
• Robert Hain,
  Independent Director
• Thomas Guba,
  Lead Independent Director
• Carolyn Downey,
  Independent Director
• Daniel Staton,
  Non-Executive Chairman of the Board
• Marc Bell,
  Director
• Z. Jamie Behar,
  Independent Director
• Scott Jeffrey Ulm,
  Co-CEO, Co-Vice Chairman & Head of Risk Management
• Jeffrey J. Zimmer,
  Co-CEO, Co-Vice Chairman & Pres
• Gordon Harper,
  Vice President - Finance, Controller, Treasurer, Executive Officer
• James Robert Mountain CPA,
  CFO & Sec.
• Mark Richard Gruber CFA,
  Chief Investment Officer
• Mark Richard Gruber,
  Chief Investment Officer
• Gordon M. Harper,
  VP of Fin., Treasurer & Controller
• David Sayles,
  Managing Director for Portfolio and Risk Analysis
• Bell Blank Check Llc Staton,
  10% owner
• Ezra Shashoua,
  
• Richard Steiner,
  
• Securities Inc.Sabourin Joh...,
  
• Jordan Zimmerman,
  Director
• Staton Maria Balodimas,
  
• Desmond Macauley,
  Co-Chief Investment Officer