The estimated Net Worth of Frank P Filipps is at least $342 Tisíc dollars as of 2 March 2017. Mr. Filipps owns over 3,000 units of Orchid Island Capital Inc stock worth over $173,130 and over the last 21 years he sold ORC stock worth over $0. In addition, he makes $168,500 as Lead Independent Director at Orchid Island Capital Inc.
Frank has made over 9 trades of the Orchid Island Capital Inc stock since 2005, according to the Form 4 filled with the SEC. Most recently he bought 3,000 units of ORC stock worth $28,320 on 2 March 2017.
The largest trade he's ever made was exercising 25,000 units of Orchid Island Capital Inc stock on 19 July 2006 worth over $273,750. On average, Frank trades about 1,135 units every 51 days since 2003. As of 2 March 2017 he still owns at least 21,191 units of Orchid Island Capital Inc stock.
You can see the complete history of Mr. Filipps stock trades at the bottom of the page.
Frank Peter Filipps serves as Lead Independent Director of the Company. From 2005 to July 2008, Mr. Filipps served as the Chairman and Chief Executive Officer of Clayton Holdings, Inc., a mortgage services company, leading it through its initial public offering and listing on the Nasdaq, as well as its subsequent sale. Prior to that, Mr. Filipps was employed by the Radian Group, Inc., spending two years as Senior Vice President and Chief Financial Officer, one year as Executive Vice President and Chief Operating Officer and 10 years as Chairman and Chief Executive Officer. In his time with the Radian Group, Inc., Mr. Filipps led the company through its initial public offering and listing on the NYSE. Prior to his tenure with the Radian Group, Inc., Mr. Filipps spent 17 years with American International Group, Inc. (“AIG”) (NYSE: AIG), where he held multiple Vice President-level positions and was the President, Chief Executive Officer and founder of AIG Capital Corporation, the first non-insurance financial company within AIG, which focused on interest rate swaps, foreign exchange and equity arbitrage and leveraged buyout bridge financing. Mr. Filipps has served as a director and the chair of the audit committee of Impac Mortgage Holdings, Inc. (NYSE Amex: IMH) since 1995, as a director of Primus Guaranty, Ltd. (NYSE: PRSG) from 2002 through 2014 and as chair of its compensation committee from 2002 to 2006 and its nominating and corporate governance committee from 2007 to 2011. Mr. Filipps has also served as a director of Ready Capital Corporation (f/k/a Sutherland Asset Management Corp.) (NYSE: RC) since 2014. He has also served as a director and chairman of the governance committee of Fortegra Financial Corp. (NYSE: FRF) from 2010 through 2014 and as chair of its nominating and governance committee from 2010 to 2011 and its compensation committee since 2012. Due to his financial and business expertise, diversified management background, extensive experience with real estate-related and mortgage services comp
As the Lead Independent Director of Orchid Island Capital Inc, the total compensation of Frank Filipps at Orchid Island Capital Inc is $168,500. There are 1 executives at Orchid Island Capital Inc getting paid more, with Robert Cauley having the highest compensation of $170,996.
Frank Filipps is 72, he's been the Lead Independent Director of Orchid Island Capital Inc since 2017. There are no older and 8 younger executives at Orchid Island Capital Inc.
Frank's mailing address filed with the SEC is 125 VIA PALACIO, , PALM BEACH GARDENS, FL, 33418.
Over the last 12 years, insiders at Orchid Island Capital Inc have traded over $113,967 worth of Orchid Island Capital Inc stock and bought 397,581 units worth $3,559,970 . The most active insiders traders include John Van Heuvelen, Robert E Cauley a G Hunter Iv Haas. On average, Orchid Island Capital Inc executives and independent directors trade stock every 44 days with the average trade being worth of $46,692. The most recent stock trade was executed by G Hunter Iv Haas on 26 June 2024, trading 3,153 units of ORC stock currently worth $25,760.
orchid island capital inc (orc) is a financial services company located in 3305 flamingo dr, vero beach, fl, united states.
Orchid Island Capital Inc executives and other stock owners filed with the SEC include: