The estimated Net Worth of Karen F. Brassfield is at least $2.61 Milion dollars as of 10 June 2022. Ms. Brassfield owns over 674 units of Silvergate Capital stock worth over $17,465 and over the last 5 years she sold SI stock worth over $2,507,850. In addition, she makes $80,225 as Independent Director at Silvergate Capital.
Karen has made over 11 trades of the Silvergate Capital stock since 2020, according to the Form 4 filled with the SEC. Most recently she exercised 674 units of SI stock worth $843 on 10 June 2022.
The largest trade she's ever made was exercising 27,500 units of Silvergate Capital stock on 8 January 2021 worth over $112,475. On average, Karen trades about 6,227 units every 54 days since 2019. As of 10 June 2022 she still owns at least 13,972 units of Silvergate Capital stock.
You can see the complete history of Ms. Brassfield stock trades at the bottom of the page.
Karen F. Brassfield serves as Independent Director of the Company. She joined the Bank in March 2009 as Senior Vice President and Chief Financial Officer and served as Executive Vice President and Chief Banking Officer from September 2011 to December 2013. She previously was Chief Administrative Officer for San Diego National Bank. Prior to San Diego National Bank, Ms. Brassfield was Chief Financial Officer for Fallbrook National Bank, Temecula, California, and Chief Administrative Officer for First National Bank, San Diego. Ms. Brassfield received a Bachelor of Arts in Economics from Lawrence University, Appleton, Wisconsin. She is a graduate of LEAD San Diego. In nominating Ms. Brassfield, the Nominating and Corporate Governance Committee considered as important factors Ms. Brassfield’s extensive experience in the Southern California banking industry over several decades in administrative, financial, and senior management roles with several institutions.
As the Independent Director of Silvergate Capital, the total compensation of Karen Brassfield 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.
Karen Brassfield is 72, she's been the Independent Director of Silvergate Capital since 2013. There are no older and 19 younger executives at Silvergate Capital.
Karen's mailing address filed with the SEC is 4250 EXECUTIVE SQUARE, SUITE 300, LA JOLLA, CA, 92037.
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 a 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.
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.
Silvergate Capital executives and other stock owners filed with the SEC include: