Last updated: 29 March 2024 at 3:21pm EST

Joseph Schierhorn Net Worth




The estimated Net Worth of Joseph M Schierhorn is at least $4.58 Million dollars as of 5 December 2023. Mr. Schierhorn owns over 7,035 units of Northrim stock worth over $3,384,806 and over the last 21 years he sold NRIM stock worth over $388,017. In addition, he makes $811,275 as Chairman of the Board, President, Chief Executive Officer, and Chief Operating Officer at Northrim.

Mr. Schierhorn NRIM stock SEC Form 4 insiders trading

Joseph has made over 23 trades of the Northrim stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 7,035 units of NRIM stock worth $202,327 on 5 December 2023.

The largest trade he's ever made was exercising 8,269 units of Northrim stock on 7 November 2012 worth over $105,016. On average, Joseph trades about 985 units every 54 days since 2003. As of 5 December 2023 he still owns at least 51,130 units of Northrim stock.

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





Joseph Schierhorn biography

Joseph M. Schierhorn CPA serves as Chairman of the Board, President, Chief Executive Officer, Chief Operating Officer of the Company. Mr. Schierhorn previously served as Assistant Vice President, Commercial Loan Officer, with Key Bank Alaska from 1988 until 1990. He joined the Bank in 1990 as Vice President and Commercial Loan Officer, was appointed Senior Vice President, Commercial Loan and Compliance Manager in 2000 and in 2001 was named an executive officer as Senior Vice President, Chief Financial Officer and Compliance Manager of the Company and the Bank. He was named Executive Vice President, Chief Financial Officer in 2005 and Corporate Secretary in 2013. In 2013, Mr. Schierhorn was appointed Chief Operating Officer of the Company and the Bank while continuing to serve as the Executive Vice President, Chief Financial Officer, and Corporate Secretary of the Company and the Bank until May, 2014. In March of 2015, Mr. Schierhorn was promoted to President of the Bank and in January 2016, was named Chief Executive Officer of the Bank, and retained his title of Executive Vice President, Chief Operating Officer of the Company. In June of 2017, Mr. Schierhorn was named President and Chief Executive Officer of the Company, while retaining his title of Chief Operating Officer. At the beginning of 2018, he was named Chairman of both the Company and the Bank's Board of Directors while retaining his titles of President and Chief Executive Officer of the Bank, and President, Chief Executive Officer and Chief Operating Officer of the Company. Mr. Schierhorn earned his Juris Doctorate and Masters in Management from Willamette University in 1985 and is a Certified Public Accountant and member of the Alaska Bar Association.

What is the salary of Joseph Schierhorn?

As the Chairman of the Board, President, Chief Executive Officer, and Chief Operating Officer of Northrim, the total compensation of Joseph Schierhorn at Northrim is $811,275. There are 1 executives at Northrim getting paid more, with Steve R. Aldrich having the highest compensation of $1,233,483.



How old is Joseph Schierhorn?

Joseph Schierhorn is 62, he's been the Chairman of the Board, President, Chief Executive Officer, and Chief Operating Officer of Northrim since 2018. There are 7 older and 12 younger executives at Northrim. The oldest executive at Northrim Bancorp, Inc. is David Wight, 79, who is the Independent Director.

What's Joseph Schierhorn's mailing address?

Joseph's mailing address filed with the SEC is 3111, C Street, North Star, Anchorage, Alaska, 99503, United States.

Insiders trading at Northrim

Over the last 21 years, insiders at Northrim have traded over $1,890,781 worth of Northrim stock and bought 110,381 units worth $3,399,301 . The most active insiders traders include Joseph M Schierhorn, Joseph M Beedle, and Marc Langland. On average, Northrim executives and independent directors trade stock every 22 days with the average trade being worth of $109,164. The most recent stock trade was executed by Joseph Marushack on 7 August 2024, trading 493 units of NRIM stock currently worth $29,688.



What does Northrim do?

northrim bank is a commercial bank, headquartered in anchorage, alaska, committed to providing customer first service. we specialize in serving businesses, professionals, and individual alaskans who are looking for personal service and value. our mission is to be alaska’s most trusted financial institution and we are committed to adding value for our customers, communities, and shareholders. member fdic - equal housing lender



What does Northrim's logo look like?

Northrim Bancorp, Inc. logo

Complete history of Mr. Schierhorn stock trades at Northrim

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
5 Dec 2023 Joseph M Schierhorn
President, CEO, and COO
Option 7,035 $28.76 $202,327
5 Dec 2023
51,130
15 Nov 2023 Joseph M Schierhorn
President, CEO, and COO
Option 4,958 $27.28 $135,254
15 Nov 2023
47,674
2 May 2023 Joseph M Schierhorn
President, CEO, and COO
Buy 2,000 $35.97 $71,940
2 May 2023
42,716
27 Oct 2022 Joseph M Schierhorn
President, CEO, and COO
Option 4,707 $23.74 $111,744
27 Oct 2022
41,256
3 Mar 2021 Joseph M Schierhorn
President, CEO, and COO
Option 4,452 $20.35 $90,598
3 Mar 2021
38,122
6 Jan 2021 Joseph M Schierhorn
President, CEO, and COO
Option 4,216 $18.40 $77,574
6 Jan 2021
36,433
12 Sep 2019 Joseph M Schierhorn
President, CEO, and COO
Option 2,910 $18.13 $52,758
12 Sep 2019
31,719
15 Feb 2019 Joseph M Schierhorn
President, CEO, and COO
Option 2,992 $16.28 $48,710
15 Feb 2019
30,258
9 Jan 2017 Joseph M Schierhorn
President, CEO, and COO
Option 7,263 $18.28 $132,768
9 Jan 2017
25,383
12 Jul 2016 Joseph M Schierhorn
President, CEO, and COO
Option 2,399 $25.94 $62,230
12 Jul 2016
21,272
3 Nov 2015 Joseph M Schierhorn
President, CEO, and COO
Sale 2,600 $28.53 $74,178
3 Nov 2015
17,614
3 Nov 2015 Joseph M Schierhorn
President, CEO, and COO
Sale 2,600 $28.53 $74,178
3 Nov 2015
17,614
26 Oct 2015 Joseph M Schierhorn
President, CEO, and COO
Option 2,997 $22.30 $66,833
26 Oct 2015
20,214
26 Oct 2015 Joseph M Schierhorn
President, CEO, and COO
Option 2,997 $22.30 $66,833
26 Oct 2015
20,214
22 Sep 2015 Joseph M Schierhorn
President, CEO, and COO
Option 360 $22.30 $8,028
22 Sep 2015
17,529
22 Sep 2015 Joseph M Schierhorn
President, CEO, and COO
Option 360 $22.30 $8,028
22 Sep 2015
17,529
1 May 2014 Joseph M Schierhorn
President, CEO, and COO
Option 3,049 $20.96 $63,907
1 May 2014
16,254
28 Apr 2014 Joseph M Schierhorn
President, CEO, and COO
Sale 2,800 $23.97 $67,116
28 Apr 2014
13,205
16 Nov 2012 Joseph M Schierhorn
President, CEO, and COO
Sale 3,108 $19.93 $61,942
16 Nov 2012
14,280
7 Nov 2012 Joseph M Schierhorn
President, CEO, and COO
Option 8,269 $12.70 $105,016
7 Nov 2012
16,971
15 Feb 2012 Joseph M Schierhorn
President, CEO, and COO
Sale 2,081 $19.78 $41,162
15 Feb 2012
1
8 Jun 2011 Joseph M Schierhorn
President, CEO, and COO
Sale 3,493 $19.88 $69,441
8 Jun 2011
13,608
7 Jun 2011 Joseph M Schierhorn
President, CEO, and COO
Option 6,064 $11.31 $68,584
7 Jun 2011
20,523


Northrim executives and stock owners

Northrim executives and other stock owners filed with the SEC include: