The estimated Net Worth of Lawrence Henry Summers is at least $13 Million dollars as of 31 July 2023. Lawrence Summers owns over 3,669 units of Block Inc stock worth over $1,179,565 and over the last 9 years he sold SQ stock worth over $11,557,697. In addition, he makes $312,434 as Independent Director at Block Inc.
Lawrence has made over 11 trades of the Block Inc stock since 2016, according to the Form 4 filled with the SEC. Most recently he sold 3,669 units of SQ stock worth $295,208 on 31 July 2023.
The largest trade he's ever made was selling 150,000 units of Block Inc stock on 5 May 2017 worth over $2,950,500. On average, Lawrence trades about 20,638 units every 85 days since 2015. As of 31 July 2023 he still owns at least 18,611 units of Block Inc stock.
You can see the complete history of Lawrence Summers stock trades at the bottom of the page.
Dr. Lawrence H. Summers Ph.D. serves as Independent Director of the Company. Dr. Summers has served as a member of our board of directors since June 2011. Since January 2011, Dr. Summers has served as the Charles W. Eliot University Professor & President Emeritus of Harvard University and the Weil Director of the Mossavar-Rahmani Center for Business & Government at the Harvard Kennedy School. From January 2009 to December 2010, Dr. Summers served as Director of the National Economic Council for President Obama. Dr. Summers previously served as President of Harvard University, and he has also served in various other senior policy positions, including as Secretary of the Treasury and Vice President of Development Economics and Chief Economist of the World Bank. Dr. Summers currently serves as the Chairman of the International Advisory Board at Santander Bank and on the boards of directors of a number of privately-held companies. Dr. Summers holds a B.S. in Economics from Massachusetts Institute of Technology and a Ph.D. in Economics from Harvard University.
As the Independent Director of Block Inc, the total compensation of Lawrence Summers at Block Inc is $312,434. There are 8 executives at Block Inc getting paid more, with Amrita Ahuja having the highest compensation of $13,081,500.
Lawrence Summers is 65, he's been the Independent Director of Block Inc since 2011. There are no older and 20 younger executives at Block Inc.
Lawrence's mailing address filed with the SEC is 1955 BROADWAY, SUITE 600, OAKLAND, CA, 94612.
Over the last 9 years, insiders at Block Inc have traded over $2,436,857,739 worth of Block Inc stock and bought 1,725,051 units worth $59,263,483 . The most active insiders traders include Jack Dorsey, James Morgan Jr. Mc Kelvey, and Ventures Iii, L.P.Khosla Ve.... On average, Block Inc executives and independent directors trade stock every 6 days with the average trade being worth of $5,079,844. The most recent stock trade was executed by Brian Grassadonia on 21 August 2024, trading 11,616 units of SQ stock currently worth $753,181.
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Block Inc executives and other stock owners filed with the SEC include: