The estimated Net Worth of Phillip A Reinsch is at least $8.2 Million dollars as of 19 October 2021. Mr. Reinsch owns over 211,359 units of Capstead Mortgage stock worth over $4,833,355 and over the last 21 years he sold CMO stock worth over $1,436,919. In addition, he makes $1,934,070 as President, Chief Executive Officer, and Director at Capstead Mortgage.
Phillip has made over 12 trades of the Capstead Mortgage stock since 2005, according to the Form 4 filled with the SEC. Most recently he exercised 211,359 units of CMO stock worth $1,373,834 on 19 October 2021.
The largest trade he's ever made was exercising 211,359 units of Capstead Mortgage stock on 19 October 2021 worth over $1,373,834. On average, Phillip trades about 10,358 units every 120 days since 2004. As of 19 October 2021 he still owns at least 743,593 units of Capstead Mortgage stock.
You can see the complete history of Mr. Reinsch stock trades at the bottom of the page.
Phillip A. Reinsch is President, Chief Executive Officer, Director of Capstead Mortgage Corp. Mr. Reinsch has served as president and chief executive officer (CEO) since July 2016. He also served as our CFO and secretary through October 2017 and held these positions since 2003. Mr. Reinsch served in various other executive positions with Capstead since 1993. Mr. Reinsch was previously employed by Ernst & Young LLP from 1984 to 1993. Mr. Reinsch is currently serving as Co-Chair of the NAREIT Mortgage REIT Council and is a member of the National Association of Corporate Directors - Dallas Chapter. Mr. Reinsch has served in an executive capacity for us since 1993. Recognizing the depth of his experience in the mortgage REIT industry over an extended period of time, Mr. Reinsch serves as our president and CEO and as a member of our executive committee.
As the President, Chief Executive Officer, and Director of Capstead Mortgage, the total compensation of Phillip Reinsch at Capstead Mortgage is $1,934,070. There are no executives at Capstead Mortgage getting paid more.
Phillip Reinsch is 59, he's been the President, Chief Executive Officer, and Director of Capstead Mortgage since 2017. There are 5 older and 4 younger executives at Capstead Mortgage. The oldest executive at Capstead Mortgage Corp. is Michael O'Neil, 77, who is the Independent Director.
Phillip's mailing address filed with the SEC is 8401 N CENTRAL EXPRESSWAY, SUITE 800, , DALLAS, TX, 75225.
Over the last 21 years, insiders at Capstead Mortgage have traded over $3,414,319 worth of Capstead Mortgage stock and bought 1,021,785 units worth $8,143,825 . The most active insiders traders include Phillip A Reinsch, Howard Rubin, and Michelle P Goolsby. On average, Capstead Mortgage executives and independent directors trade stock every 51 days with the average trade being worth of $136,663. The most recent stock trade was executed by Roy Kim on 19 October 2021, trading 144,305 units of CMO stock currently worth $937,983.
Formed in 1985 and based in Dallas, Texas, Capstead is a self-managed real estate investment trust, or REIT, for federal income tax purposes. The Company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, referred to as ARM securities, issued and guaranteed by government-sponsored enterprises, either Fannie Mae or Freddie Mac, or by an agency of the federal government, Ginnie Mae.
Capstead Mortgage executives and other stock owners filed with the SEC include: