The estimated Net Worth of Scott A. Reed is at least $34.5 Million dollars as of 10 June 2022. Mr. Reed owns over 674 units of Silvergate Capital stock worth over $28,546 and over the last 7 years he sold SI stock worth over $34,345,774. In addition, he makes $80,225 as Independent Director at Silvergate Capital.
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Mr. Reed SI stock SEC Form 4 insiders trading
Scott has made over 17 trades of the Silvergate Capital stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 674 units of SI stock worth $843 on 10 June 2022.
The largest trade he's ever made was selling 426,488 units of Silvergate Capital stock on 14 December 2020 worth over $17,059,520. On average, Scott trades about 35,990 units every 43 days since 2018. As of 10 June 2022 he still owns at least 22,837 units of Silvergate Capital stock.
You can see the complete history of Mr. Reed stock trades at the bottom of the page.
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Scott Reed biography
Scott A. Reed serves as Independent Director of the Company. He is partner, director and co-founder of BankCap Partners. Mr. Reed is also President of LF Capital Acquisition Corp., a publicly-traded special purpose acquisition corporation. Mr. Reed’s previous positions include derivatives trader with Swiss Bank Corporation, a consultant with Bain & Company, an investment banker in the Bear Stearns Financial Institutions Group, and Senior Vice President, Director of Corporate Strategy and Planning for Carreker Corporation. In addition to serving on the board of the Company, he also serves as a director of Vista Bankshares, Inc., a Lubbock, Texas, based commercial bank and InBankshares Corp., a Raton, New Mexico, based commercial bank. Mr. Reed is a graduate of the University of Virginia with a Bachelor of Science in Commerce and a Bachelor of Arts in History. He received his Masters of Business Administration from the Amos Tuck School of Business at Dartmouth College, where he was an Edward Tuck Scholar. In nominating Mr. Reed, the Nominating and Corporate Governance Committee considered as important factors Mr. Reed’s service as a director of banking institutions and other companies, his broad overall financial services industry experience, including as an investment banker and consultant, and his role as a co-founder and director of a firm having made a series of substantial and successful equity investments in commercial banking companies.
What is the salary of Scott Reed?
As the Independent Director of Silvergate Capital, the total compensation of Scott Reed at Silvergate Capital is $80,225. There are 10 executives at Silvergate Capital getting paid more, with Benjamin Reynolds having the highest compensation of $1,092,080.
How old is Scott Reed?
Scott Reed is 49, he's been the Independent Director of Silvergate Capital since 2015. There are 14 older and 6 younger executives at Silvergate Capital. The oldest executive at Silvergate Capital Corporation is John M. Bonino, 72, who is the Chief Legal Officer.
What's Scott Reed's mailing address?
Scott's mailing address filed with the SEC is 4250 EXECUTIVE SQUARE, SUITE 300, LA JOLLA, CA, 92037.
Insiders trading at Silvergate Capital
Over the last 5 years, insiders at Silvergate Capital have traded over $110,194,240 worth of Silvergate Capital stock and bought 75,511 units worth $952,292 . The most active insiders traders include Dennis S Frank, Scott A. Reed, and Martin S. Friedman. On average, Silvergate Capital executives and independent directors trade stock every 8 days with the average trade being worth of $27,531. The most recent stock trade was executed by Antonio Martino on 26 February 2023, trading 293 units of SI stock currently worth $366.
What does Silvergate Capital do?
Silvergate Capital Corporation operates as a bank holding company for Silvergate Bank that provides banking products and services to business and individual clients in the United States and internationally. The company accepts deposit products, including interest and noninterest bearing demand accounts, money market and savings accounts, and certificates of deposit accounts. Its loan products include one-to-four family real estate loans, multi-family real estate loans, commercial real estate loans, construction loans, commercial and industrial loans, mortgage warehouse loans, and reverse mortgage loans, as well as consumer loans and other loans secured by personal property. The company also provides cash management services for digital currency-related businesses. The company was founded in 1988 and is headquartered in La Jolla, California.
What does Silvergate Capital's logo look like?
Complete history of Mr. Reed stock trades at Silvergate Capital
Silvergate Capital executives and stock owners
Silvergate Capital executives and other stock owners filed with the SEC include:
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Benjamin Reynolds,
Executive Vice President of the Company and Executive Vice President and Director of Corporate Development of the Bank -
Alan Lane,
President, Chief Executive Officer, Director -
Alan J. Lane,
Pres, CEO & Director -
Derek Eisele,
Executive Vice President of the Company and President of the Bank -
Dennis Frank,
Chairman of the Board -
Benjamin C. Reynolds,
Chief Strategy Officer -
Kathleen M. Fraher,
Exec. VP & COO -
Robert Campbell,
Lead Independent Director -
Paul Colucci,
Independent Director -
Thomas Dircks,
Independent Director -
Scott Reed,
Independent Director -
Karen Brassfield,
Independent Director -
Michael Lempres,
Independent Director -
Colleen Sullivan,
Independent Director -
W. Paul Simmons,
Executive Vice President of the Company and Executive Vice President and Chief Credit Officer of the Bank -
John Bonino,
Executive Vice President and Chief Legal Officer of the Company and the Bank -
Kathleen Fraher,
Executive Vice President and Chief Operating Officer of the Company and the Bank -
Antonio Martino,
Chief Financial Officer of the Company and the Bank -
Elaine Batlis,
Exec. VP & Mang. of Warehouse Lending Division -
Son-Jai Paik,
Chief HR Officer -
John M. Bonino,
Chief Legal Officer -
Hunter Stenback,
Head of Investor Relations -
Antonio R. Martino,
Chief Financial Officer -
Martin S. Friedman,
Director -
Aanchal Gupta,
Director -
Son Jai Paik,
Chief Human Resource Officer -
Rebecca Rettig,
Director -
Mary Margaret Henke,
Director -
Ben Reynolds,
President