Thomas J. Shara Jr.
Net Worth

Last updated:

What is Thomas J. Shara Jr. net worth?

The estimated net worth of Mr. Thomas J. Shara Jr. is at least $24,184,300 as of 15 Nov 2018. He has earned $214,300 from insider trading and has received compensation worth at least $23,970,000 in Lakeland Bancorp, Inc..

What is the salary of Thomas J. Shara Jr.?

Mr. Thomas J. Shara Jr. salary is $1,410,000 per year as Pres, Chief Executive Officer & Director in Lakeland Bancorp, Inc..

How old is Thomas J. Shara Jr.?

Mr. Thomas J. Shara Jr. is 67 years old, born in 1958.

What stocks does Thomas J. Shara Jr. currently own?

As insider, Mr. Thomas J. Shara Jr. owns shares in one company:

Company Title Shares Price per share Total value
Lakeland Bancorp, Inc. (LBAI) Pres, Chief Executive Officer & Director 333,848 $0 $0

What does Lakeland Bancorp, Inc. do?

Lakeland Bancorp, Inc. operates as the bank holding company for Lakeland Bank that offers various banking products and services for individuals and small to medium sized businesses. The company provides commercial banking services, including savings, money market, and time accounts, as well as demand deposits. It is also involved in lending services, including commercial real estate loans, commercial and industrial loans, short and medium term loans, lines of credit, letters of credit, inventory and accounts receivable financing, real estate construction loans, residential mortgage loans, Small Business Administration (SBA) loans, and merchant credit card services; financing solutions to small and medium-sized companies; online banking, mobile banking, and wire transfer services; and cash management services, such as remote capture of deposits and overnight sweep repurchase agreements. In addition, it provides consumer banking services, which include checking accounts, savings accounts, interest-bearing checking accounts, money market accounts, certificates of deposit, online banking, secured and unsecured loans, consumer installment loans, mortgage loans, and safe deposit services. Further, the company offers investment advisory services for individuals and businesses; and securities brokerage services, including mutual funds and variable annuities, as well as commercial title insurance services and life insurance products. As of December 31, 2021, it operated 48 branch offices located throughout Bergen, Essex, Morris, Ocean, Passaic, Somerset, Sussex, and Union counties in New Jersey and in Highland Mills, New York; operated six New Jersey regional commercial lending centers in Bernardsville, Iselin, Jackson, Montville, Teaneck and Waldwick; and one New York commercial lending center to serve the Hudson Valley region. The company was incorporated in 1969 and is headquartered in Oak Ridge, New Jersey.

Thomas J. Shara Jr. insider trading

Lakeland Bancorp, Inc.

Mr. Thomas J. Shara Jr. has made only one insider trade between 2008-2018, according to the Form 4 filled with the SEC. He purchased 5,000 units of LBAI stock worth $80,600 on 15 Nov 2018.

As of 15 Nov 2018 he still owns at least 333,848 units of LBAI stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock 5,000 $16.12 $80,600
Purchase
Common Stock 1,500 $5.99 $8,985
Purchase
Common Stock 10,000 $8 $80,000
Sale
Common Stock 19,733 $10.86 $214,300
Purchase
Common Stock 10,000 $11.47 $114,700

Lakeland Bancorp key executives

Lakeland Bancorp, Inc. executives and other stock owners filed with the SEC: