Last updated: 22 July 2020 at 8:29pm EST

Matthew Botein Net Worth




The estimated Net Worth of Matthew Botein is at least $34 Million dollars as of 20 July 2020. Mr. Botein owns over 19,900 units of Northeast Bank stock worth over $20,912,560 and over the last 14 years he sold NBN stock worth over $12,989,486. In addition, he makes $55,000 as Independent Director at Northeast Bank.

Mr. Botein NBN stock SEC Form 4 insiders trading

Matthew has made over 33 trades of the Northeast Bank stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 19,900 units of NBN stock worth $878,784 on 20 July 2020.

The largest trade he's ever made was selling 80,100 units of Northeast Bank stock on 15 July 2020 worth over $3,403,449. On average, Matthew trades about 13,037 units every 59 days since 2011. As of 20 July 2020 he still owns at least 311,802 units of Northeast Bank stock.

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





Matthew Botein biography

Matthew B. Botein was Independent Director of the Company. He is Co- founder and Managing Partner of Gallatin Point Capital LLC (“GPC”). Prior to founding GPC, Mr. Botein was co-head and Chief Investment Officer of BlackRock Alternative Investors, the alternative investing unit of asset manager BlackRock Inc. Prior to his role at BlackRock, he was a partner at hedge fund Highfields Capital Management and a principal in the private equity department of The Blackstone Group. He has been instrumental in the formation, acquisition or development of numerous financial services enterprises, including PennyMac Financial Services Inc., Aspen Insurance Holdings Limited, ABR Reinsurance Limited, Home Partners of America, and Cyrus Reinsurance Limited. Mr. Botein currently serves on the Boards of PennyMac, Hunt Capital Holdings LLC, and Fortuna Holdings Ltd., as a strategic advisor to technology-enabled real estate investment platform Cadre Inc., and as a Senior Advisor to BlackRock Inc. He also serves as a trustee of Boston Medical Center and Beth Israel Deaconess Medical Center and on the investment committee of both institutions, chairing that of Boston Medical Center. He has served on the Advisory Committee on Corporate Social Responsibility for Harvard University. He is a Phi Beta Kappa graduate of Harvard College and the Harvard Business School, where he was awarded Baker and Loeb scholarships.

What is the salary of Matthew Botein?

As the Independent Director of Northeast Bank, the total compensation of Matthew Botein at Northeast Bank is $55,000. There are 10 executives at Northeast Bank getting paid more, with Richard N. Wayne having the highest compensation of $1,815,532.



How old is Matthew Botein?

Matthew Botein is 47, he's been the Independent Director of Northeast Bank since 2010. There are 11 older and 3 younger executives at Northeast Bank. The oldest executive at Northeast Bank is Robert Glauber, 80, who is the Independent Chairman of the Board.

What's Matthew Botein's mailing address?

Matthew's mailing address filed with the SEC is C/O PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE, CA, 91361.

Insiders trading at Northeast Bank

Over the last 21 years, insiders at Northeast Bank have traded over $2,409,556 worth of Northeast Bank stock and bought 792,425 units worth $8,812,177 . The most active insiders traders include Capital Fund, Lpmagnolia Gr..., Matthew Botein, and Richard Wayne. On average, Northeast Bank executives and independent directors trade stock every 40 days with the average trade being worth of $550,443. The most recent stock trade was executed by Richard Wayne on 14 May 2019, trading 10,000 units of NBN stock currently worth $214,400.



What does Northeast Bank do?



What does Northeast Bank's logo look like?

Northeast Bank logo

Complete history of Mr. Botein stock trades at Northeast Bank, PennyMac Services, Pennymac Mortgage Investment Trust, and Aspen Insurance

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
20 Jul 2020 Matthew Botein
Director
Sale 19,900 $44.16 $878,784
20 Jul 2020
311,802
15 Jul 2020 Matthew Botein
Director
Sale 80,100 $42.49 $3,403,449
15 Jul 2020
331,702
6 Mar 2020 Matthew Botein
Director
Sale 5,687 $37.18 $211,443
6 Mar 2020
411,802
13 Feb 2020 Matthew Botein
Director
Sale 15,000 $35.35 $530,250
13 Feb 2020
414,578
10 Feb 2020 Matthew Botein
Director
Sale 60,000 $37.95 $2,277,000
10 Feb 2020
429,578
6 Nov 2019 Matthew Botein
Director
Sale 60,000 $30.96 $1,857,600
6 Nov 2019
489,578
4 Sep 2019 Matthew Botein
Director
Sale 40,000 $30.17 $1,206,800
4 Sep 2019
549,578
20 Jun 2019 Matthew Botein
Director
Sale 40,000 $21.87 $874,800
20 Jun 2019
614,578
17 Jun 2019 Matthew Botein
Director
Sale 60,000 $21.59 $1,295,400
17 Jun 2019
654,578
14 Aug 2018 Matthew Botein
Director
Option 10,000 $21.05 $210,500
14 Aug 2018
35,893
7 Aug 2018 Matthew Botein
Director
Option 10,000 $21.30 $213,000
7 Aug 2018
35,893
31 Jul 2018 Matthew Botein
Director
Option 10,000 $19.15 $191,500
31 Jul 2018
35,893
24 Jul 2018 Matthew Botein
Director
Option 10,000 $19.65 $196,500
24 Jul 2018
35,893
17 Jul 2018 Matthew Botein
Director
Option 10,000 $19.40 $194,000
17 Jul 2018
35,893
10 Jul 2018 Matthew Botein
Director
Option 10,000 $19.95 $199,500
10 Jul 2018
35,893
3 Jul 2018 Matthew Botein
Director
Option 10,000 $19.65 $196,500
3 Jul 2018
35,893
26 Jun 2018 Matthew Botein
Director
Option 10,000 $20.55 $205,500
26 Jun 2018
35,893
19 Jun 2018 Matthew Botein
Director
Option 10,000 $20.60 $206,000
19 Jun 2018
35,893
12 Jun 2018 Matthew Botein
Director
Option 10,000 $20.20 $202,000
12 Jun 2018
35,893
5 Jun 2018 Matthew Botein
Director
Sale 728 $20.00 $14,560
5 Jun 2018
25,893
9 Mar 2018 Matthew Botein
Director
Sale 2,095 $24.55 $51,432
9 Mar 2018
26,621
22 Feb 2018 Matthew Botein
Director
Option 10,000 $24.00 $240,000
22 Feb 2018
34,741
15 Feb 2018 Matthew Botein
Director
Option 10,000 $23.65 $236,500
15 Feb 2018
34,741
8 Feb 2018 Matthew Botein
Director
Option 10,000 $21.30 $213,000
8 Feb 2018
34,741
1 Feb 2018 Matthew Botein
Director
Option 10,000 $22.75 $227,500
1 Feb 2018
34,741
25 Jan 2018 Matthew Botein
Director
Option 10,000 $22.75 $227,500
25 Jan 2018
34,741
18 Jan 2018 Matthew Botein
Director
Option 10,000 $23.35 $233,500
18 Jan 2018
34,741
11 Jan 2018 Matthew Botein
Director
Option 10,000 $22.75 $227,500
11 Jan 2018
34,741
4 Jan 2018 Matthew Botein
Director
Option 10,000 $23.70 $237,000
4 Jan 2018
34,741
28 Dec 2017 Matthew Botein
Director
Option 10,000 $22.20 $222,000
28 Dec 2017
34,741
21 Dec 2017 Matthew Botein
Director
Option 10,000 $22.00 $220,000
21 Dec 2017
34,741
1 Aug 2017 Matthew Botein
Director
Sale 2,841 $17.35 $49,291
1 Aug 2017
24,741
1 Mar 2013 Matthew Botein
Director
Sale 13,339 $25.39 $338,677
1 Mar 2013
44,750


Northeast Bank executives and stock owners

Northeast Bank executives and other stock owners filed with the SEC include: