Last updated: 11 April 2022 at 6:43pm EST

Akash Patel Net Worth




The estimated Net Worth of Akash J. Patel is at least $5.5 Million dollars as of 7 March 2022. Mr. Patel owns over 24,250 units of Spirit of Texas Bancshares Inc stock worth over $5,443,453 and over the last 7 years he sold STXB stock worth over $0. In addition, he makes $54,570 as Independent Director of the Company and the Bank at Spirit of Texas Bancshares Inc.

Mr. Patel STXB stock SEC Form 4 insiders trading

Akash has made over 25 trades of the Spirit of Texas Bancshares Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 24,250 units of STXB stock worth $364,235 on 7 March 2022.

The largest trade he's ever made was exercising 24,250 units of Spirit of Texas Bancshares Inc stock on 7 March 2022 worth over $364,235. On average, Akash trades about 897 units every 45 days since 2018. As of 7 March 2022 he still owns at least 213,051 units of Spirit of Texas Bancshares Inc stock.

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





Akash Patel biography

Akash J. Patel serves as Independent Director of the Company and the Bank. He is an engineer at Energy Flow Systems, Inc. and has served in that position since August 2005. He has served on the boards of directors of the Company and the Bank since 2009. He is currently a committee member of the IHG Emerging Leaders Council, an active member of the Houston Minority Supplier Development Council and a 2015 committee member of Asian American Hotel Owners Association—Houston Region. Mr. Patel has created and initiated programs involving Hotel Rooms for Charity and the donation of bedding supplies to battered women shelters. Mr. Patel received his Bachelor of Science degree in computer engineering and math from the University of Houston in 2004. Mr. Patel’s business experience and extensive involvement in the community qualify him to serve on our board of directors.

What is the salary of Akash Patel?

As the Independent Director of the Company and the Bank of Spirit of Texas Bancshares Inc, the total compensation of Akash Patel at Spirit of Texas Bancshares Inc is $54,570. There are 11 executives at Spirit of Texas Bancshares Inc getting paid more, with Dean Bass having the highest compensation of $1,058,830.



How old is Akash Patel?

Akash Patel is 37, he's been the Independent Director of the Company and the Bank of Spirit of Texas Bancshares Inc since . There are 17 older and 1 younger executives at Spirit of Texas Bancshares Inc. The oldest executive at Spirit of Texas Bancshares Inc is H. D. Patel, 76, who is the Independent Director of the Company and the Bank.

What's Akash Patel's mailing address?

Akash's mailing address filed with the SEC is 1836 SPIRIT OF TEXAS WAY, , CONROE, TX, 77301.

Insiders trading at Spirit of Texas Bancshares Inc

Over the last 7 years, insiders at Spirit of Texas Bancshares Inc have traded over $5,848,743 worth of Spirit of Texas Bancshares Inc stock and bought 257,379 units worth $4,399,856 . The most active insiders traders include Dean O. Bass, David M Mc Guire, and Robert S Beall. On average, Spirit of Texas Bancshares Inc executives and independent directors trade stock every 12 days with the average trade being worth of $213,445. The most recent stock trade was executed by David M Mc Guire on 16 March 2022, trading 87,093 units of STXB stock currently worth $1,269,816.



What does Spirit of Texas Bancshares Inc do?

Spirit of Texas Bank provides a wide range of relationship-driven commercial banking products and services tailored to meet the needs of businesses, professionals and individuals. Spirit of Texas Bank has 37 locations in the Houston, Dallas/Fort Worth, Bryan/College Station, Austin, San Antonio, Corpus Christi and Tyler metropolitan areas, along with offices in North Central and South Texas.



What does Spirit of Texas Bancshares Inc's logo look like?

Spirit of Texas Bancshares Inc logo

Complete history of Mr. Patel stock trades at Spirit of Texas Bancshares Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
7 Mar 2022 Akash J. Patel
Director
Option 24,250 $15.02 $364,235
7 Mar 2022
213,051
2 Nov 2021 Akash J. Patel
Director
Buy 80 $24.79 $1,983
2 Nov 2021
187,801
4 Oct 2021 Akash J. Patel
Director
Buy 81 $24.24 $1,963
4 Oct 2021
187,721
2 Sep 2021 Akash J. Patel
Director
Buy 84 $23.74 $1,994
2 Sep 2021
187,640
3 Aug 2021 Akash J. Patel
Director
Option 1,500 $10.50 $15,750
3 Aug 2021
187,556
3 Aug 2021 Akash J. Patel
Director
Buy 87 $22.88 $1,991
3 Aug 2021
186,056
6 Jul 2021 Akash J. Patel
Director
Buy 88 $22.71 $1,998
6 Jul 2021
185,969
2 Jun 2021 Akash J. Patel
Director
Buy 86 $23.07 $1,984
2 Jun 2021
185,881
3 May 2021 Akash J. Patel
Director
Buy 85 $23.49 $1,997
3 May 2021
185,795
6 Apr 2021 Akash J. Patel
Director
Buy 86 $23.00 $1,978
6 Apr 2021
185,796
6 Mar 2020 Akash J. Patel
Director
Buy 169 $17.14 $2,897
6 Mar 2020
183,210
28 Jan 2020 Akash J. Patel
Director
Buy 91 $21.95 $1,997
28 Jan 2020
183,041
30 Dec 2019 Akash J. Patel
Director
Buy 87 $23.01 $2,002
30 Dec 2019
182,950
29 Nov 2019 Akash J. Patel
Director
Buy 88 $21.46 $1,888
29 Nov 2019
181,863
28 Oct 2019 Akash J. Patel
Director
Buy 93 $21.46 $1,996
28 Oct 2019
181,775
30 Sep 2019 Akash J. Patel
Director
Buy 93 $21.36 $1,986
30 Sep 2019
181,682
28 Aug 2019 Akash J. Patel
Director
Buy 95 $21.07 $2,002
28 Aug 2019
181,589
23 Aug 2019 Akash J. Patel
Director
Buy 98 $20.50 $2,009
23 Aug 2019
181,494
29 Jul 2019 Akash J. Patel
Director
Buy 91 $21.96 $1,998
29 Jul 2019
181,396
28 Jun 2019 Akash J. Patel
Director
Buy 88 $22.36 $1,968
28 Jun 2019
181,305
28 May 2019 Akash J. Patel
Director
Buy 88 $22.35 $1,967
28 May 2019
181,217
29 Apr 2019 Akash J. Patel
Director
Buy 90 $22.15 $1,994
29 Apr 2019
181,129
28 Mar 2019 Akash J. Patel
Director
Buy 94 $21.20 $1,993
28 Mar 2019
181,039
28 Feb 2019 Akash J. Patel
Director
Buy 90 $22.10 $1,989
28 Feb 2019
203,695
4 May 2018 Akash J. Patel
Director
Buy 21 $22.00 $462
4 May 2018
180,855


Spirit of Texas Bancshares Inc executives and stock owners

Spirit of Texas Bancshares Inc executives and other stock owners filed with the SEC include: