Jeffrey J. Zimmer
Net Worth
Last updated:
What is Jeffrey J. Zimmer net worth?
The estimated net worth of Mr. Jeffrey J. Zimmer is at least $15,305,232 as of 21 Feb 2023. He owns shares worth $7,804,822 as insider, has earned $1,467,130 from insider trading and has received compensation worth at least $6,033,280 in ARMOUR Residential REIT, Inc. and ARMOUR Residential REIT, Inc..
What is the salary of Jeffrey J. Zimmer?
Mr. Jeffrey J. Zimmer salary is $188,540 per year as Co-Chief Executive Officer, Co-Vice Chairman & Pres in ARMOUR Residential REIT, Inc.. He also receives $188,540 as Co-Chief Executive Officer, Co-Vice Chairman & Pres in ARMOUR Residential REIT, Inc..
How old is Jeffrey J. Zimmer?
Mr. Jeffrey J. Zimmer is 68 years old, born in 1957.
What stocks does Jeffrey J. Zimmer currently own?
As insider, Mr. Jeffrey J. Zimmer owns shares in 2 companies:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
ARMOUR Residential REIT, Inc. (ARR-PC) | Co-Chief Executive Officer, Co-Vice Chairman & Pres | 193,476 | $25.59 | $4,951,051 |
ARMOUR Residential REIT, Inc. (ARR) | Co-Chief Executive Officer, Co-Vice Chairman & Pres | 193,476 | $14.75 | $2,853,771 |
What does ARMOUR Residential REIT, Inc. do?
ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. It also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.
What does ARMOUR Residential REIT, Inc. do?
ARMOUR Residential REIT, Inc. invests in residential mortgage-backed securities (MBS) in the United States. The company's securities portfolio primarily consists of the United States Government-sponsored entity's (GSE) and the Government National Mortgage Administration's issued or guaranteed securities backed by fixed rate, hybrid adjustable rate, and adjustable-rate home loans, as well as unsecured notes and bonds issued by the GSE and the United States treasuries, as well as money market instruments. It also invests in other securities backed by residential mortgages for which the payment of principal and interest is not guaranteed by a GSE or government agency. The company has elected to be taxed as a real estate investment trust under the Internal Revenue Code. As a result, it would not be subject to corporate income tax on that portion of its net income that is distributed to shareholders. ARMOUR Residential REIT, Inc. was incorporated in 2008 and is based in Vero Beach, Florida.
Jeffrey J. Zimmer insider trading
ARMOUR Residential REIT, Inc.
Mr. Jeffrey J. Zimmer has made 3 insider trades between 2009-2023, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 100,000 units of ARR-PC stock on 26 Feb 2015. As of 21 Feb 2023 he still owns at least 193,476 units of ARR-PC stock.
ARMOUR Residential REIT, Inc.
Mr. Jeffrey J. Zimmer has made 3 insider trades between 2009-2024, according to the Form 4 filled with the SEC.
The largest trade he's ever made was exercising 100,000 units of ARR stock on 26 Feb 2015. As of 21 Feb 2023 he still owns at least 193,476 units of ARR stock.
ARMOUR Residential REIT key executives
ARMOUR Residential REIT, Inc. executives and other stock owners filed with the SEC:
- Mr. Gordon M. Harper (58) Vice President of Fin., Treasurer & Controller
- Mr. James Robert Mountain CPA (66) Chief Financial Officer & Sec.
- Mr. Jeffrey J. Zimmer (68) Co-Chief Executive Officer, Co-Vice Chairman & Pres
- Mr. Mark Richard Gruber (49) Chief Investment Officer
- Mr. Scott Jeffrey Ulm (67) Co-Chief Executive Officer, Co-Vice Chairman & Head of Risk Management