The estimated Net Worth of Patrick Sean Barrett is at least $2.31 Million dollars as of 4 May 2023. Mr. Barrett owns over 1,000 units of First Midwest stock worth over $43,020 and over the last 11 years he sold FMBI stock worth over $813,265. In addition, he makes $1,457,040 as Chief Financial Officer and Executive Vice President at First Midwest.
Patrick has made over 6 trades of the First Midwest stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 1,000 units of FMBI stock worth $19,110 on 4 May 2023.
The largest trade he's ever made was selling 22,404 units of First Midwest stock on 2 December 2016 worth over $406,633. On average, Patrick trades about 2,223 units every 90 days since 2013. As of 4 May 2023 he still owns at least 2,000 units of First Midwest stock.
You can see the complete history of Mr. Barrett stock trades at the bottom of the page.
Patrick S. Barrett serves as Chief Financial Officer, Executive Vice President of the Company. Prior thereto, Senior Executive Vice President and Chief Financial Officer at Fulton Financial Corporation from 2014 to 2016; prior thereto, Chief Financial Officer of Wholesale Banking at SunTrust; prior thereto, in numerous leadership positions at JPMorgan Chase & Co., and before that, Partner in the Assurance Services practice of Deloitte Touche Tohmatsu.
As the Chief Financial Officer and Executive Vice President of First Midwest, the total compensation of Patrick Barrett at First Midwest is $1,457,040. There are 3 executives at First Midwest getting paid more, with Michael Scudder having the highest compensation of $3,949,640.
Patrick Barrett is 56, he's been the Chief Financial Officer and Executive Vice President of First Midwest since 2017. There are 23 older and 5 younger executives at First Midwest. The oldest executive at First Midwest Bancorp, Inc. is J. Stephen Vanderwoude, 76, who is the Independent Director.
Patrick's mailing address filed with the SEC is 110 WEST FRONT STREET, , RED BANK, NJ, 07701.
Over the last 20 years, insiders at First Midwest have traded over $12,782,378 worth of First Midwest stock and bought 324,911 units worth $5,893,724 . The most active insiders traders include Robert P Omeara, Michael Small, and Phupinder Gill. On average, First Midwest executives and independent directors trade stock every 42 days with the average trade being worth of $185,352. The most recent stock trade was executed by James P Hotchkiss on 4 March 2021, trading 5,000 units of FMBI stock currently worth $102,600.
First Midwest Bancorp, Inc. is a relationship-focused financial institution and one of the largest independent publicly traded bank holding companies based on assets headquartered in Chicago and the Midwest, with over $21 billion of assets and an additional $13 billion of assets under management. First Midwest Bank and the Company's other affiliates provide a full range of commercial, treasury management, equipment leasing, consumer, wealth management, trust and private banking products and services. First Midwest Bank operates branches and other locations throughout metropolitan Chicago, southeast Wisconsin, northwest Indiana, eastern Iowa and other markets in the Midwest.
First Midwest executives and other stock owners filed with the SEC include: