The estimated Net Worth of Peter Schoels is at least $1.98 Miliarda dollars as of 28 October 2020. Mr. Schoels owns over 4,587,647 units of Flagstar stock worth over $342,090,946 and over the last 7 years he sold FBC stock worth over $1,636,776,087. In addition, he makes $212,997 as Director at Flagstar.
Peter has made over 7 trades of the Flagstar stock since 2017, according to the Form 4 filled with the SEC. Most recently he sold 9,112,705 units of FBC stock worth $275,112,564 on 10 November 2020.
The largest trade he's ever made was selling 14,510,008 units of Flagstar stock on 14 June 2017 worth over $482,022,466. On average, Peter trades about 5,567,818 units every 138 days since 2017. As of 28 October 2020 he still owns at least 9,112,705 units of Flagstar stock.
You can see the complete history of Mr. Schoels stock trades at the bottom of the page.
Peter H. Schoels serves as Director of the Company. Mr. Schoels has served as Managing Partner of MP Global Advisers since 2009 and has been a partner with MP Global Advisers since its inception in July 2002. In his capacity as Managing Partner, Mr. Schoels has been involved in the supervision of all investments made by certain private investment partnerships managed by MP Global Advisers, including MP Thrift's investment in Flagstar. Mr. Schoels' background in supervising investments in distressed companies, and serving as a director of a publicly-traded company provides the Board with the perspective of a major shareholder and seasoned investor that has intimate knowledge of our business and operations and with additional leadership and risk assessment skills. Mr. Schoels was designated as a nominee by MP Thrift pursuant to Section 4.1(c) of the Investment Agreement.
As the Director of Flagstar, the total compensation of Peter Schoels at Flagstar is $212,997. There are 16 executives at Flagstar getting paid more, with Alessandro DiNello having the highest compensation of $3,453,120.
Peter Schoels is 46, he's been the Director of Flagstar since 2013. There are 15 older and 2 younger executives at Flagstar. The oldest executive at Flagstar Bancorp, Inc. is Bruce Nyberg, 74, who is the Independent Director.
Peter's mailing address filed with the SEC is 102, Duffy Avenue, Hicksville, Town of Oyster Bay, Nassau County, New York, 11801, United States.
Over the last 16 years, insiders at Flagstar have traded over $3,464,260,863 worth of Flagstar stock and bought 2,779,369,900 units worth $1,889,229,054 . The most active insiders traders include David J Matlin, Thrift Investments L.P. Mp a Mark R Patterson. On average, Flagstar executives and independent directors trade stock every 131 days with the average trade being worth of $3,611,561,940. The most recent stock trade was executed by Thrift Investments L.P. Mp on 10 November 2020, trading 9,112,705 units of FBC stock currently worth $275,112,564.
Flagstar Bancorp, Inc. is a $31.0 billion savings and loan holding company headquartered in Troy, Mich.Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 103 retail locations in 28 states, representing the combined retail branches of Flagstar and its Opes Advisors mortgage division. Flagstar is a leading national originator and servicer of mortgage and other consumer loans, handling payments and record keeping for $227 billion of loans representing almost 1.1 million borrowers.
Flagstar executives and other stock owners filed with the SEC include: