The estimated Net Worth of Michael A Berman is at least $3.59 Million dollars as of 14 June 2023. Mr. Berman owns over 17,000 units of M.D.C stock worth over $1,390,913 and over the last 18 years he sold MDC stock worth over $1,879,418. In addition, he makes $323,219 as Independent Director at M.D.C.
Michael has made over 19 trades of the M.D.C stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 17,000 units of MDC stock worth $767,550 on 14 June 2023.
The largest trade he's ever made was exercising 52,500 units of M.D.C stock on 15 May 2017 worth over $1,525,650. On average, Michael trades about 7,150 units every 102 days since 2006. As of 14 June 2023 he still owns at least 22,085 units of M.D.C stock.
You can see the complete history of Mr. Berman stock trades at the bottom of the page.
Michael A. Berman serves as Independent Director of the Company. He has over thirty-five years of experience in the financial services industry. He is a member of Applied Capital Management, a private investment management firm located in Scottsdale, Arizona, and has served as its chairman from 2002 to date. From 2005 to 2006, he also served as the chief executive officer of First Ascent Capital, a financial services firm located in New York. From July 2006 until December 2008, he served as president and Chief Executive Officer of Real Estate Equity Exchange, Inc. (Rex & Co.), a financial services firm located in San Francisco, California. From January 1990 to March 1999, Mr. Berman was employed by The Nomura Securities Co., Ltd. (Tokyo) group of companies, where he held several senior executive positions, including that of President and CEO of Nomura Holding America Inc. and Chairman of Capital America, Nomura's commercial real estate lending subsidiary. In April 2006, Mr. Berman became a Director of the Company. Since 2006, he has been a director of HomeAmerican Mortgage Corporation, the Company’s mortgage lending subsidiary. Mr. Berman’s experience as a senior executive in corporate finance, in general, and the residential mortgage market, in particular, provide the Company with a valuable resource.
As the Independent Director of M.D.C, the total compensation of Michael Berman at M.D.C is $323,219. There are 8 executives at M.D.C getting paid more, with Larry Mizel having the highest compensation of $11,785,600.
Michael Berman is 69, he's been the Independent Director of M.D.C since 2006. There are 6 older and 9 younger executives at M.D.C. The oldest executive at M.D.C. Holdings, Inc. is Herbert Buchwald, 88, who is the Lead Independent Director.
Michael's mailing address filed with the SEC is 4350 S. MONACO ST., SUITE 500, DENVER, CO, 80237.
Over the last 22 years, insiders at M.D.C have traded over $100,616,506 worth of M.D.C stock and bought 12,565 units worth $959,715 . The most active insiders traders include Larry A Mizel, David D Mandarich, and Steven J Borick. On average, M.D.C executives and independent directors trade stock every 31 days with the average trade being worth of $3,040,422. The most recent stock trade was executed by David E Blackford on 11 March 2024, trading 6,200 units of MDC stock currently worth $388,678.
building one dream at a time. from the beginning, our mission has been to help people attain the american dream. nearly 40 years and more than 180,000 single-family homes later, we haven’t lost sight of that vision. we’re committed to designing quality homes and strengthening the communities in which we build. what sets us apart? it's the personal approach we take to every aspect of the homebuying experience. after all, it isn’t just a house we’re building. it’s someone’s home. a place where memories are made and dreams are realized. our job is to create a unique experience for each and every customer. that’s what making it personal is all about. the richmond american homes companies’ parent corporation, m.d.c. holdings, inc., is listed on the new york stock exchange under the symbol “mdc.” m.d.c.’s subsidiaries also provide mortgage financing, insurance and title services, primarily for richmond american homebuyers, through homeamerican mortgage corporation, american home insura
M.D.C executives and other stock owners filed with the SEC include: