Last updated: 4 July 2020 at 1:03pm EST

Timothy Schmidt Net Worth




The estimated Net Worth of Timothy L Schmidt is at least $2.82 Million dollars as of 14 February 2020. Mr. Schmidt owns over 6,070 units of Prudential stock worth over $2,821,883 and over the last 6 years he sold PRU stock worth over $0. In addition, he makes $0 as Senior Vice President and Chief Investment Officer at Prudential.

Mr. Schmidt PRU stock SEC Form 4 insiders trading

Timothy has made over 3 trades of the Prudential stock since 2019, according to the Form 4 filled with the SEC. Most recently he exercised 6,070 units of PRU stock worth $696,350 on 14 February 2020.

The largest trade he's ever made was exercising 8,658 units of Prudential stock on 9 February 2019 worth over $993,246. On average, Timothy trades about 4,095 units every 93 days since 2019. As of 14 February 2020 he still owns at least 24,598 units of Prudential stock.

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





Timothy Schmidt biography

Timothy L. Schmidt serves as Senior Vice President, Chief Investment Officer of the Company. Previously, Mr. Schmidt was the Head of Global Portfolio Management for Prudential from 2012 to 2018 and he was responsible for the overall asset/liability management for Prudential’s Retirement and Group Insurance businesses from 2010 to 2012. Prior to joining Prudential in July 2010, he served as Chief Financial Officer for MetLife’s Individual Business and had headed MetLife’s Wealth Strategy Group. Earlier in his 25-year tenure at MetLife, Schmidt held various positions in the investment organization, including Head of MetLife’s Portfolio Management Unit, as well as its Structured Finance and Government Securities unit.



How old is Timothy Schmidt?

Timothy Schmidt is 61, he's been the Senior Vice President and Chief Investment Officer of Prudential since 2018. There are 11 older and 13 younger executives at Prudential. The oldest executive at Prudential Financial Inc. is Peter Lighte, 71, who is the Independent Director.

What's Timothy Schmidt's mailing address?

Timothy's mailing address filed with the SEC is 751 BROAD STREET, 4TH FLOOR, ATTN. CORPORATE COMPLIANCE, NEWARK, NJ, 07102.

Insiders trading at Prudential

Over the last 14 years, insiders at Prudential have traded over $119,150,570 worth of Prudential stock and bought 26,960 units worth $2,125,279 . The most active insiders traders include John R Jr Strangfeld, Mark B Grier, and Charles F Lowrey. On average, Prudential executives and independent directors trade stock every 9 days with the average trade being worth of $1,985,803. The most recent stock trade was executed by Michael Todman on 11 August 2020, trading 2,500 units of PRU stock currently worth $177,700.



What does Prudential do?

for 140 years, prudential financial (nyse:pru) has helped people grow and protect their wealth. we offer individual and institutional clients a wide array of financial products and services. today, we are one of the world’s largest financial services institutions. we have over $1 trillion of assets under management as of september 30, 2015, and approximately $3.5 trillion of gross life insurance in force worldwide as of december 31, 2014. we have operations in the united states, asia, europe and latin america. we also have one of the most recognized and trusted brand symbols: the rock® , an icon of strength, stability, expertise and innovation. we measure our long-term success on our ability to deliver value for shareholders, meet customer needs, attract and develop the best talent in our industry, offer an inclusive work environment where employees can develop to their full potential, and give back to the communities where we live and work.



What does Prudential's logo look like?

Prudential Financial Inc. logo

Complete history of Mr. Schmidt stock trades at Prudential

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
14 Feb 2020 Timothy L Schmidt
Senior Vice President
Option 6,070 $94.48 $573,494
14 Feb 2020
24,598
11 Feb 2020 Timothy L Schmidt
Senior Vice President
Option 1,651 $95.87 $158,281
11 Feb 2020
19,115
9 Feb 2019 Timothy L Schmidt
Senior Vice President
Option 8,658 $90.99 $787,791
9 Feb 2019
20,161


Prudential executives and stock owners

Prudential executives and other stock owners filed with the SEC include: