Mitchell E. Fadel
Net Worth

Last updated:

What is Mitchell E. Fadel net worth?

The estimated net worth of Mr. Mitchell E. Fadel is at least $66,690,000 as of 1 Mar 2022. He has received compensation worth at least $66,690,000 in Rent-A-Center, Inc..

What is the salary of Mitchell E. Fadel?

Mr. Mitchell E. Fadel salary is $3,510,000 per year as Chief Executive Officer & Director in Rent-A-Center, Inc..

How old is Mitchell E. Fadel?

Mr. Mitchell E. Fadel is 68 years old, born in 1957.

What stocks does Mitchell E. Fadel currently own?

As insider, Mr. Mitchell E. Fadel owns shares in one company:

Company Title Shares Price per share Total value
Rent-A-Center, Inc. (RCII) Chief Executive Officer & Director 607,978 $0 $0

What does Rent-A-Center, Inc. do?

Rent-A-Center, Inc., together with its subsidiaries, leases household durable goods to customers on a lease-to-own basis. The company operates in four segments: Rent-A-Center Business, Acima, Mexico, and Franchising. It offers furniture and accessories, appliances, consumer electronics, computers, tablets and smartphones, tools, tires, handbags, and other accessories under rental purchase agreements. The company also provides merchandise on an installment sales basis; and the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer through kiosks located within retailer's locations. It operates retail installment sales stores under the Get It Now and Home Choice names; lease-to-own and franchised lease-to-own stores under the Rent-A-Centre, ColorTyme, and RimTyme names; and rentacenter.com, an e-commerce platform. As of December 31, 2021, the company owned and operated approximately 1,846 stores in the United States and Puerto Rico, including 45 retail installment sales stores; 35 Acima staffed locations in North Carolina; and 123 stores in Mexico, as well as franchised 466 lease-to-own stores in 32 states. Rent-A-Center, Inc. was founded in 1960 and is headquartered in Plano, Texas.

RCII logo
RCII
Rent-A-Center, Inc.

Mitchell E. Fadel insider trading

Rent-A-Center, Inc.

Mr. Mitchell E. Fadel has made 9 insider trades between 2006-2022, according to the Form 4 filled with the SEC. Most recently he purchased 40,000 units of RCII stock worth $1,083,200 on 1 Mar 2022.

The largest trade he's ever made was exercising 162,299 units of RCII stock on 29 Apr 2010. As of 1 Mar 2022 he still owns at least 607,978 units of RCII stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
COMMON STOCK 40,000 $27.08 $1,083,200
Option
Employee Stock Option (Right to Purchase) 500 N/A N/A
Sale
COMMON STOCK 500 N/A N/A
Option
COMMON STOCK 500 N/A N/A
Sale
COMMON STOCK 27,120 N/A N/A
Option
Employee Stock Option (Right to Purchase) 27,120 N/A N/A
Option
COMMON STOCK 27,120 N/A N/A
Option
Common 34,508 N/A N/A
Option
Employee Stock Option (Right to Purchase) 14,049 N/A N/A
Sale
Common 75,544 N/A N/A
Option
Employee Stock Option (Right to Purchase) 11,063 N/A N/A
Option
Common 41,198 N/A N/A
Sale
Common 41,198 N/A N/A
Option
Employee Stock Option (Right to Purchase) 36,670 N/A N/A
Option
Common 36,670 N/A N/A
Sale
Common 36,670 N/A N/A
Option
Common 37,282 N/A N/A
Option
Employee Stock Option (Right to Purchase) 37,282 N/A N/A
Sale
Common 37,282 N/A N/A
Sale
Common 162,299 N/A N/A
Option
Common 162,299 N/A N/A
Option
Employee Stock Option (Right to Purchase) 162,299 N/A N/A
Sale
Common 8,750 N/A N/A
Option
Common 8,750 N/A N/A
Option
Employee Stock Option (Right to Purchase) 8,750 N/A N/A
Sale
Common 25,000 N/A N/A
Option
Employee Stock Option (Right to Purchase) 25,000 N/A N/A
Option
Common 25,000 N/A N/A

Rent-A-Center key executives

Rent-A-Center, Inc. executives and other stock owners filed with the SEC: