Last updated: 3 May 2024 at 12:30pm EST

James Cookman Net Worth




The estimated Net Worth of James M Cookman is at least $858 Thousand dollars as of 3 May 2024. Mr. Cookman owns over 6,011 units of Summit Inc stock worth over $841,701 and over the last 21 years he sold SMMF stock worth over $0. In addition, he makes $16,000 as Independent Director at Summit Inc.

Mr. Cookman SMMF stock SEC Form 4 insiders trading

James has made over 3 trades of the Summit Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he exercised 6,011 units of SMMF stock worth $154,483 on 3 May 2024.

The largest trade he's ever made was exercising 6,011 units of Summit Inc stock on 3 May 2024 worth over $154,483. On average, James trades about 471 units every 217 days since 2003. As of 3 May 2024 he still owns at least 32,751 units of Summit Inc stock.

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





James Cookman biography

James M. Cookman serves as Independent Director of the Company. He has served as a member of the Board of Directors of the Company since 1994 and served as a member of the Board of Directors of Summit’s banking subsidiary from 1994 to 2008. Mr. Cookman was reappointed as a member of the Board of Directors of Summit’s banking subsidiary in May 2011 and has served in that capacity since that time. Mr. Cookman has 40 years of diverse business experience in the areas of insurance, renewable energy and communications and currently serves as the President of Cookman Insurance Group, Inc., and is a member manager of Laurel Renewable Partners, LLC. Mr. Cookman is politically active at the local and state levels and is actively involved in community initiatives, including his service as regional board member of the American Red Cross and immediate Past President of the Potomac Highlands Shrine Club, and a member of the Eastern Community and Technical College Foundation Board of Directors. Mr. Cookman is a member of the ESOP/401(K) Committee.

What is the salary of James Cookman?

As the Independent Director of Summit Inc, the total compensation of James Cookman at Summit Inc is $16,000. There are 20 executives at Summit Inc getting paid more, with H. Charles Maddy having the highest compensation of $1,140,710.



How old is James Cookman?

James Cookman is 66, he's been the Independent Director of Summit Inc since 1994. There are 5 older and 19 younger executives at Summit Inc. The oldest executive at Summit Financial Group Inc is Dewey Bensenhaver, 73, who is the Independent Director.

What's James Cookman's mailing address?

James's mailing address filed with the SEC is 22 POINT DRIVE, , PETERSBURG, WV, 26847.

Insiders trading at Summit Inc

Over the last 21 years, insiders at Summit Inc have traded over $4,773,269 worth of Summit Inc stock and bought 227,671 units worth $6,377,691 . The most active insiders traders include Gary L Hinkle, Jeffrey E. Hott, and H Charles Iii Maddy. On average, Summit Inc executives and independent directors trade stock every 21 days with the average trade being worth of $74,556. The most recent stock trade was executed by Charles Piccirillo on 3 May 2024, trading 7,793 units of SMMF stock currently worth $200,280.



What does Summit Inc do?

summit financial group, inc. is a financial holding company which provides community banking and insurance services . summit’s community banking operations consist of 15 banking offices located in the eastern panhandle and south central regions of west virginia and in the shenandoah valley and northern regions of virginia. summit financial group inc.’s affiliate entities are: summit community bank, a state chartered community bank , and summit insurance services, llc, a full lines insurance agency.



What does Summit Inc's logo look like?

Summit Financial Group Inc logo

Complete history of Mr. Cookman stock trades at Summit Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
3 May 2024 James M Cookman
Director
Option 6,011 $25.70 $154,483
3 May 2024
32,751
6 Feb 2023 James M Cookman
Director
Buy 530 $26.44 $14,013
6 Feb 2023
26,740
3 Nov 2014 James M Cookman
Director
Buy 1,000 $11.90 $11,900
3 Nov 2014
24,784


Summit Inc executives and stock owners

Summit Inc executives and other stock owners filed with the SEC include: