Lawrence D. McGovern
Net Worth
Last updated:
What is Lawrence D. McGovern net worth?
The estimated net worth of Mr. Lawrence D. McGovern is at least $13,016,425 as of 2 May 2024. He owns shares worth $954,765 as insider, has earned $978,460 from insider trading and has received compensation worth at least $11,083,200 in Heritage Commerce Corp.
What is the salary of Lawrence D. McGovern?
Mr. Lawrence D. McGovern salary is $554,160 per year as Executive Vice President & Chief Financial Officer in Heritage Commerce Corp.
How old is Lawrence D. McGovern?
Mr. Lawrence D. McGovern is 70 years old, born in 1955.
What stocks does Lawrence D. McGovern currently own?
As insider, Mr. Lawrence D. McGovern owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Heritage Commerce Corp (HTBK) | Executive Vice President & Chief Financial Officer | 97,029 | $9.84 | $954,765 |
What does Heritage Commerce Corp do?
Heritage Commerce Corp operates as the bank holding company for Heritage Bank of Commerce that provides various commercial and personal banking services to residents and the business/professional community in California. Its deposit products for business banking and retail markets include interest and non-interest bearing demand, savings, and money market accounts, as well as certificates of deposit and time deposits. The company's loan portfolio comprises commercial loans, such as operating secured and unsecured loans advanced for working capital, equipment purchases, and other business purposes; commercial real estate loans; commercial construction loans for rental properties, commercial buildings, and homes; small business administration loans; home equity lines of credit; multifamily loans on residential properties; residential mortgage loans; and consumer loans consisting of loans for financing automobiles, various consumer goods, and other personal purposes. In addition, it offers other banking services, including cashier's checks, bank by mail, night depositories, safe deposit boxes, direct deposit, automated payroll, electronic funds transfer, online bill pay, homeowner association, remote deposit capture, automated clearing house origination, electronic data interchange, and check imaging services, as well as other customary banking, factoring financing, and electronic banking services. The company operates through 17 full-service branch offices located in the general San Francisco Bay Area of California. Heritage Commerce Corp was founded in 1994 and is headquartered in San Jose, California.
Lawrence D. McGovern insider trading
Heritage Commerce Corp
Mr. Lawrence D. McGovern has made 14 insider trades between 2005-2024, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 22,500 units of HTBK stock on 17 Nov 2022. As of 2 May 2024 he still owns at least 97,029 units of HTBK stock.
Heritage Commerce Corp key executives
Heritage Commerce Corp executives and other stock owners filed with the SEC:
- Mr. Lawrence D. McGovern (70) Executive Vice President & Chief Financial Officer
- Mr. Robertson Jones (54) Executive Vice President & Pres of Community Bus. Banking
- Mr. Walter T. Kaczmarek (73) Pres, Chief Executive Officer & Director