Last updated: 22 May 2024 at 11:15am EST

Magnus Gorrie Net Worth




The estimated Net Worth of Magnus James Gorrie is at least $349 Thousand dollars as of 3 October 2019. Mr. Gorrie owns over 183 units of Proassurance stock worth over $210,517 and over the last 13 years he sold PRA stock worth over $0. In addition, he makes $138,333 as Independent Director at Proassurance.

Mr. Gorrie PRA stock SEC Form 4 insiders trading

Magnus has made over 6 trades of the Proassurance stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 183 units of PRA stock worth $7,086 on 3 October 2019.

The largest trade he's ever made was buying 2,000 units of Proassurance stock on 13 June 2018 worth over $78,400. On average, Magnus trades about 76 units every 51 days since 2012. As of 3 October 2019 he still owns at least 16,668 units of Proassurance stock.

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





Magnus Gorrie biography

Magnus James Gorrie serves as Independent Director of the Company. Mr. Gorrie has served as a director of ProAssurance since May 2012. Mr. Gorrie is the President and Chief Executive Officer of Brasfield & Gorrie, Inc. in Birmingham, Alabama, a construction firm with recent annual revenues in excess of $2 billion. He holds a B.S. in Building Science from Auburn University and serves as a Director of First Commercial Bank (a division of Synovus Bank (NYSE: SNV), one of the largest community banks in the Southeast) and was a director of Energen Corporation (NYSE: EGN) prior to its acquisition by Diamondback Energy in 2018.

What is the salary of Magnus Gorrie?

As the Independent Director of Proassurance, the total compensation of Magnus Gorrie at Proassurance is $138,333. There are 18 executives at Proassurance getting paid more, with Edward Rand having the highest compensation of $3,738,430.



How old is Magnus Gorrie?

Magnus Gorrie is 57, he's been the Independent Director of Proassurance since 2012. There are 12 older and 11 younger executives at Proassurance. The oldest executive at Proassurance Corporation is William Stancil Starnes Esq., J.D., 72, who is the Exec. Chairman.

What's Magnus Gorrie's mailing address?

Magnus's mailing address filed with the SEC is C/O PROASSURANCE CORPORATION, 100 BROOKWOOD PLACE, BIRMINGHAM, AL, 35209.

Insiders trading at Proassurance

Over the last 22 years, insiders at Proassurance have traded over $35,206,836 worth of Proassurance stock and bought 44,958 units worth $1,944,196 . The most active insiders traders include A Derrill Md Crowe, William Stancil Starnes, and Edward Lewis Jr Rand. On average, Proassurance executives and independent directors trade stock every 26 days with the average trade being worth of $105,688. The most recent stock trade was executed by Edward Lewis Jr Rand on 1 July 2024, trading 55,157 units of PRA stock currently worth $672,915.



What does Proassurance do?

providing a spectrum of healthcare liability and other insurance solutions … and more proassurance’s group of insurance companies specializes in providing the full spectrum of healthcare liability, workers’ compensation, and legal professional liability insurance options. proassurance professionals possess deep knowledge of underwriting, risk management, and claims handling, all while representing a unique pledge to treat clients and all involved fairly. healthcare liability solutions, from the simple to the most sophisticated, are available for every niche in healthcare. so whether you represent a health system, hospital, physicians, clinic, ancillary care providers and facilities, or medical technology and life sciences, we can help. of its insurance companies, proassurance group holds a financial strength rating of a+ (superior) from a.m. best; that group is made of up proassurance casualty company, proassurance indemnity company, inc., proassurance specialty insurance company, and



Complete history of Mr. Gorrie stock trades at Proassurance

Insider
Trans.
Transaction
Total value
Magnus James Gorrie
Director
Option $7,086
3 Oct 2019
Magnus James Gorrie
Director
Option $4,562
5 Oct 2018
Magnus James Gorrie
Director
Buy $78,400
13 Jun 2018
Magnus James Gorrie
Director
Option $6,199
5 Oct 2017
Magnus James Gorrie
Director
Buy $44,620
11 Sep 2012


Proassurance executives and stock owners

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