Last updated: 20 June 2022 at 4:28pm EST

Michael Benito Net Worth




The estimated Net Worth of Michael Eugene Benito is at least $2.09 Million dollars as of 18 May 2022. Mr. Benito owns over 22,500 units of Heritage Commerce stock worth over $967,535 and over the last 13 years he sold HTBK stock worth over $191,543. In addition, he makes $933,429 as Executive Vice President of Business Banking Manager of Heritage Bank of Commerce at Heritage Commerce.

Mr. Benito HTBK stock SEC Form 4 insiders trading

Michael has made over 8 trades of the Heritage Commerce stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 22,500 units of HTBK stock worth $166,500 on 18 May 2022.

The largest trade he's ever made was exercising 22,500 units of Heritage Commerce stock on 18 May 2022 worth over $166,500. On average, Michael trades about 2,936 units every 115 days since 2012. As of 18 May 2022 he still owns at least 99,952 units of Heritage Commerce stock.

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





Michael Benito biography

Michael Eugene Benito serves as Executive Vice President of Business Banking Manager of Heritage Bank of Commerce., a subsidiary of the Company. He joined Heritage Bank of Commerce in 2003 as Senior Vice President/Director of Sales & Business Development. From 1998 through 2003, Mr. Benito served as a Managing Director for Greater Bay Bank and from December 1986 through 1998, he served as Regional Vice President with Imperial Bancorp. Mr. Benito began his banking career more than 32 years ago at Union Bank of California (formerly Union Bank).

What is the salary of Michael Benito?

As the Executive Vice President of Business Banking Manager of Heritage Bank of Commerce of Heritage Commerce, the total compensation of Michael Benito at Heritage Commerce is $933,429. There are 2 executives at Heritage Commerce getting paid more, with Walter Kaczmarek having the highest compensation of $1,630,240.



How old is Michael Benito?

Michael Benito is 59, he's been the Executive Vice President of Business Banking Manager of Heritage Bank of Commerce of Heritage Commerce since 2012. There are 13 older and 5 younger executives at Heritage Commerce. The oldest executive at Heritage Commerce Corp. is Jack Conner, 80, who is the Independent Chairman of the Board.

What's Michael Benito's mailing address?

Michael's mailing address filed with the SEC is 224, Airport Parkway, North San Jose, San Jose, Santa Clara County, California, 95110, United States.

Insiders trading at Heritage Commerce

Over the last 21 years, insiders at Heritage Commerce have traded over $138,197,319 worth of Heritage Commerce stock and bought 728,961 units worth $7,444,598 . The most active insiders traders include John M Iii Eggemeyer, W Kirk Wycoff, and Jack W Conner. On average, Heritage Commerce executives and independent directors trade stock every 22 days with the average trade being worth of $363,561. The most recent stock trade was executed by Bruce H Cabral on 7 May 2024, trading 2,470 units of HTBK stock currently worth $11,239.



What does Heritage Commerce do?

heritage commerce corp is a venture capital company located in 150 almaden blvd, san jose, california, united states.



What does Heritage Commerce's logo look like?

Heritage Commerce Corp. logo

Complete history of Mr. Benito stock trades at Heritage Commerce

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
18 May 2022 Michael Eugene Benito
EVP
Option 22,500 $7.40 $166,500
18 May 2022
99,952
14 Dec 2020 Michael Eugene Benito
EVP
Sale 4,500 $9.24 $41,580
14 Dec 2020
65,537
28 Jul 2020 Michael Eugene Benito
EVP
Sale 6,250 $6.81 $42,563
28 Jul 2020
70,037
9 Jul 2020 Michael Eugene Benito
EVP
Option 4,500 $6.44 $28,980
9 Jul 2020
76,287
4 Feb 2019 Michael Eugene Benito
EVP
Option 4,500 $7.43 $33,435
4 Feb 2019
46,100
24 May 2018 Michael Eugene Benito
EVP
Sale 6,000 $17.00 $102,000
24 May 2018
41,600
2 May 2018 Michael Eugene Benito
EVP
Option 7,000 $16.00 $112,000
2 May 2018
47,600
18 May 2016 Michael Eugene Benito
EVP
Sale 540 $10.00 $5,400
18 May 2016
0


Heritage Commerce executives and stock owners

Heritage Commerce executives and other stock owners filed with the SEC include: