David A. Spector
Net Worth
Last updated:
What is David A. Spector net worth?
The estimated net worth of Mr. David A. Spector is at least $178,236,090 as of 20 Dec 2024. He owns shares worth $67,884,446 as insider, has earned $65,471,644 from insider trading and has received compensation worth at least $44,880,000 in PennyMac Financial Services, Inc..
What is the salary of David A. Spector?
Mr. David A. Spector salary is $7,480,000 per year as Chief Executive Officer & Chairman in PennyMac Financial Services, Inc..
How old is David A. Spector?
Mr. David A. Spector is 62 years old, born in 1963.
What stocks does David A. Spector currently own?
As insider, Mr. David A. Spector owns shares in one company:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
PennyMac Financial Services, Inc. (PFSI) | Chief Executive Officer & Chairman | 634,612 | $106.97 | $67,884,446 |
What does PennyMac Financial Services, Inc. do?
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. It operates through three segments: Production, Servicing, and Investment Management. The Production segment is involved in the origination, acquisition, and sale of loans. It sources first-lien residential conventional and government-insured or guaranteed mortgage loans. The Servicing segment engages in the servicing of newly originated loans, and execution and management of early buyout transactions and servicing of loans. It performs loan administration, collection, and default management activities, including the collection and remittance of loan payments, response to customer inquiries, accounting for principal and interest, holding custodial funds for the payment of property taxes and insurance premiums, counseling delinquent borrowers, and supervising foreclosures and property dispositions, as well as administers loss mitigation activities, such as modification and forbearance programs. The Investment Management segment is involved in sourcing, performing diligence, bidding, and closing investment asset acquisitions; managing correspondent production activities for PennyMac Mortgage Investment Trust; and managing acquired assets. PennyMac Financial Services, Inc. was founded in 2008 and is headquartered in Westlake Village, California.
David A. Spector insider trading
PennyMac Financial Services, Inc.
Mr. David A. Spector has made 95 insider trades between 2019-2024, according to the Form 4 filled with the SEC. Most recently he sold 56,771 units of PFSI stock worth $5,773,043 on 20 Dec 2024.
The largest trade he's ever made was exercising 72,301 units of PFSI stock on 8 Dec 2023. As of 20 Dec 2024 he still owns at least 634,612 units of PFSI stock.
PennyMac Financial Services key executives
PennyMac Financial Services, Inc. executives and other stock owners filed with the SEC:
- Mr. David A. Spector (62) Chief Executive Officer & Chairman
- Mr. Douglas Edward Jones (68) Pres & Chief Mortgage Banking Officer
- Mr. Jeffrey P. Grogin (65) Senior MD & Chief Enterprise Operations Officer
- Mr. Vandad Fartaj (50) Senior MD & Chief Investment Officer