The estimated Net Worth of Michael Joseph Clement is at least $1.93 Million dollars as of 31 December 2021. Mr. Clement owns over 9,632 units of Bryn Mawr Bank stock worth over $1,842,349 and over the last 10 years he sold BMTC stock worth over $0. In addition, he makes $84,840 as Independent Director at Bryn Mawr Bank.
Michael has made over 5 trades of the Bryn Mawr Bank stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 9,632 units of BMTC stock worth $433,536 on 31 December 2021.
The largest trade he's ever made was exercising 9,632 units of Bryn Mawr Bank stock on 31 December 2021 worth over $433,536. On average, Michael trades about 341 units every 48 days since 2015. As of 31 December 2021 he still owns at least 40,932 units of Bryn Mawr Bank stock.
You can see the complete history of Mr. Clement stock trades at the bottom of the page.
Michael J. Clement is an Independent Director of the Company. Mr. Clement is a partner with the law firm of Wisler, Pearlstine, Talone, Garrity, & Potash, LLP, where he has been practicing law for over 40 years. He has represented financial institutions in connection with complex commercial and real estate lending transactions, real estate acquisitions, land planning and approval for branch banks, joint ventures and participations, as well as in commercial litigation. Mr. Clement also represents land developers and business entities in connection with land development and lending transactions, and provides general legal services to these business entities and their officers, directors and managers. In addition to practicing law, Mr. Clement is a principal in a real estate development company and has participated in the development and management of housing projects, office buildings and general land development. Mr. Clement was a director of Continental Bank Holdings, Inc., and Continental Bank until the Corporation acquired those institutions in early 2015.
As the Independent Director of Bryn Mawr Bank, the total compensation of Michael Clement at Bryn Mawr Bank is $84,840. There are 12 executives at Bryn Mawr Bank getting paid more, with Francis Leto having the highest compensation of $1,621,170.
Michael Clement is 70, he's been the Independent Director of Bryn Mawr Bank since 2015. There are no older and 26 younger executives at Bryn Mawr Bank.
Michael's mailing address filed with the SEC is 460 Norristown Rd #110, Blue Bell, PA 19422, USA.
Over the last 21 years, insiders at Bryn Mawr Bank have traded over $38,278,327 worth of Bryn Mawr Bank stock and bought 176,770 units worth $4,202,323 . The most active insiders traders include Lynn Mckee, Blind Trust Radnor, and Frederick C Ii Peters. On average, Bryn Mawr Bank executives and independent directors trade stock every 24 days with the average trade being worth of $440,693. The most recent stock trade was executed by Michael Thompson on 1 January 2022, trading 4,213 units of BMTC stock currently worth $189,627.
Bryn Mawr Bank Corporation is the holding company for The Bryn Mawr Trust Company which was founded in 1889, and is headquartered in Bryn Mawr, PA. BMT is a locally managed, premier financial services company providing retail and commercial banking; trust administration and wealth management; and insurance and risk management solutions. Bryn Mawr Bank Corporation has $5.4 billion in corporate assets and $19 billion in wealth assets under management, administration, supervision, and brokerage (as of 12/31/20). The company operates 41 banking locations, 7 wealth management offices and 2 insurance and risk management locations in the following counties: Montgomery, Chester, Delaware, Philadelphia, and Dauphin Counties in Pennsylvania; New Castle County in Delaware; and Mercer and Camden Counties in New Jersey.
Bryn Mawr Bank executives and other stock owners filed with the SEC include: