Kenneth J. Mahon
Net Worth

Last updated:

What is Kenneth J. Mahon net worth?

The estimated net worth of Mr. Kenneth J. Mahon is at least $41,228,945 as of 15 Aug 2022. He owns shares worth $13,159,731 as insider, has earned $5,469,214 from insider trading and has received compensation worth at least $22,600,000 in Dime Community Bancshares, Inc. and Dime Community Bancshares, Inc..

What is the salary of Kenneth J. Mahon?

Mr. Kenneth J. Mahon salary is $1,130,000 per year as Executive Chairman in Dime Community Bancshares, Inc.. He also receives $1,130,000 as Executive Chairman in Dime Community Bancshares, Inc..

How old is Kenneth J. Mahon?

Mr. Kenneth J. Mahon is 74 years old, born in 1951.

What stocks does Kenneth J. Mahon currently own?

As insider, Mr. Kenneth J. Mahon owns shares in 2 companies:

Company Title Shares Price per share Total value
Dime Community Bancshares, Inc. (DCOM) Executive Chairman 278,384 $28.56 $7,950,647
Dime Community Bancshares, Inc. (DCOMP) Executive Chairman 273,874 $19.02 $5,209,083

What does Dime Community Bancshares, Inc. do?

Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans. In addition, it invests in Federal Home Loan Bank, Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan Mortgage Corporation mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities; U.S. Treasury securities; New York state and local municipal obligations; U.S. government-sponsored enterprise securities; and corporate bonds. Further, the company offers certificate of deposit account registry services and insured cash sweep programs; merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts; investment products and services through a third-party broker dealer; and title insurance broker services. As of December 31, 2021, it operated 60 branch locations throughout Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.

What does Dime Community Bancshares, Inc. do?

Dime Community Bancshares, Inc. operates as the holding company for Dime Community Bank that provides various commercial banking and financial services. It accepts time, savings, and demand deposits from the businesses, consumers, and local municipalities. The company also offers commercial real estate loans; multi-family mortgage loans; residential mortgage loans; secured and unsecured commercial and consumer loans; home equity loans; and construction and land loans. In addition, it invests in Federal Home Loan Bank, Federal National Mortgage Association, Government National Mortgage Association, and Federal Home Loan Mortgage Corporation mortgage-backed securities, collateralized mortgage obligations, and other asset backed securities; U.S. Treasury securities; New York state and local municipal obligations; U.S. government-sponsored enterprise securities; and corporate bonds. Further, the company offers certificate of deposit account registry services and insured cash sweep programs; merchant credit and debit card processing, automated teller machines, cash management services, lockbox processing, online banking services, remote deposit capture, safe deposit boxes, and individual retirement accounts; investment products and services through a third-party broker dealer; and title insurance broker services. As of December 31, 2021, it operated 60 branch locations throughout Long Island and the New York City boroughs of Brooklyn, Queens, Manhattan, and the Bronx. Dime Community Bancshares, Inc. was founded in 1910 and is headquartered in Hauppauge, New York.

Kenneth J. Mahon insider trading

Dime Community Bancshares, Inc.

Mr. Kenneth J. Mahon has made 7 insider trades between 2015-2022, according to the Form 4 filled with the SEC. Most recently he sold 30,000 units of DCOMP stock worth $1,051,800 on 15 Aug 2022.

The largest trade he's ever made was exercising 42,472 units of DCOMP stock on 28 May 2015. As of 15 Aug 2022 he still owns at least 273,874 units of DCOMP stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 30,000 $35.06 $1,051,800
Sale
Common Stock 25,000 $34.6 $865,000
Sale
Common Stock 20,000 $34.41 $688,200
Option
Common Stock 9,709 $15.46 $150,101
Option
Stock Option (Right to Buy) 4,396 $15.46 $67,962
Option
Common Stock 3,044 $12.75 $38,811
Option
Stock Option (Right to Buy) 3,044 $12.75 $38,811
Purchase
Preferred Stock, Series A 10,000 $25 $250,000
Purchase
Common Stock 750 $17.58 $13,187
Purchase
Common Stock 300 $16.91 $5,073
Purchase
Common Stock 300 $16.72 $5,015
Sale
Common Stock 9,475 $19.27 $182,612
Option
Stock Option (Right to Buy) 2,927 $16.73 $48,969
Option
Common Stock 2,927 $16.73 $48,969
Sale
Common Stock 7,721 $19.34 $149,286
Sale
Common Stock 6,990 $16.42 $114,783
Sale
Common Stock 42,472 $15.1 $641,327

Dime Community Bancshares, Inc.

Mr. Kenneth J. Mahon has made 5 insider trades between 2015-2023, according to the Form 4 filled with the SEC. Most recently he purchased 300 units of DCOM stock worth $4,873 on 31 May 2023.

The largest trade he's ever made was exercising 42,472 units of DCOM stock on 28 May 2015. As of 15 Aug 2022 he still owns at least 278,384 units of DCOM stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common 300 $16.24 $4,873
Purchase
Common 350 $17.18 $6,012
Purchase
Common 250 $17.35 $4,337
Sale
Common Stock 20,000 $34.41 $688,200
Option
Common Stock 9,709 $15.46 $150,101
Option
Stock Option (Right to Buy) 4,396 $15.46 $67,962
Option
Common Stock 3,044 $12.75 $38,811
Option
Stock Option (Right to Buy) 3,044 $12.75 $38,811
Purchase
Preferred Stock, Series A 10,000 $25 $250,000
Purchase
Common Stock 750 $17.58 $13,187
Purchase
Common Stock 300 $16.91 $5,073
Purchase
Common Stock 300 $16.72 $5,015
Sale
Common Stock 9,475 $19.27 $182,612
Option
Stock Option (Right to Buy) 2,927 $16.73 $48,969
Option
Common Stock 2,927 $16.73 $48,969
Sale
Common Stock 7,721 $19.34 $149,286
Sale
Common Stock 6,990 $16.42 $114,783
Sale
Common Stock 42,472 $15.1 $641,327

Dime Community Bancshares key executives

Dime Community Bancshares, Inc. executives and other stock owners filed with the SEC: