Michael Herbert Braun
Net Worth

Last updated:

What is Michael Herbert Braun net worth?

The estimated net worth of Mr. Michael Herbert Braun is at least $18,857,793 as of 15 Mar 2021. He owns shares worth $13,672 as insider, has earned $1,504,121 from insider trading and has received compensation worth at least $17,340,000 in FedNat Holding Company.

What is the salary of Michael Herbert Braun?

Mr. Michael Herbert Braun salary is $1,020,000 per year as Pres, Chief Executive Officer & Director in FedNat Holding Company.

How old is Michael Herbert Braun?

Mr. Michael Herbert Braun is 58 years old, born in 1967.

What stocks does Michael Herbert Braun currently own?

As insider, Mr. Michael Herbert Braun owns shares in one company:

Company Title Shares Price per share Total value
FedNat Holding Company (FNHC) Pres, Chief Executive Officer & Director 651,065 $0.02 $13,672

What does FedNat Holding Company do?

FedNat Holding Company, together with its subsidiaries, engages in the insurance underwriting, distribution, and claims processing business in Florida, Louisiana, Texas, Georgia, South Carolina, Alabama, and Mississippi. The company is involved in the homeowners and casualty insurance; and personal automobile insurance businesses, as well as commercial general liability and federal flood businesses. It markets and distributes its own and third-party insurers' products, and other services through a network of independent and general agents. The company was formerly known as Federated National Holding Company and changed its name to FedNat Holding Company in May 2018. FedNat Holding Company was founded in 1991 and is based in Sunrise, Florida. On December 11, 2022, FedNat Holding Company, along with its affiliates, filed a voluntary petition for reorganization under Chapter 11 in the U.S. Bankruptcy Court for the Southern District of Florida.

FNHC logo
FNHC
FedNat Holding Company
$0.02

Michael Herbert Braun insider trading

FedNat Holding Company

Mr. Michael Herbert Braun has made 4 insider trades between 2008-2021, according to the Form 4 filled with the SEC. Most recently he purchased 5,000 units of FNHC stock worth $23,750 on 15 Mar 2021.

The largest trade he's ever made was exercising 40,500 units of FNHC stock on 11 Sep 2014. As of 15 Mar 2021 he still owns at least 651,065 units of FNHC stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock, par value $0.01 per share 5,000 $4.75 $23,750
Option
Common Stock, par value $0.01 per share 20,666 N/A N/A
Option
Stock Options (right to buy) 5,000 $4.4 $22,000
Option
Common Stock, par value $0.01 per share 19,334 $3.74 $72,251
Option
Stock Options (right to buy) 19,334 $3.74 $72,251
Sale
Common Stock, par value $0.01 per share 27,336 $25 $683,345
Option
Stock Options (right to buy) 500 $4.59 $2,295
Option
Common Stock, par value $0.01 per share 40,500 $4.66 $188,730
Option
Stock Options (right to buy) 40,000 $8.32 $332,800
Option
Common Stock, par value $0.01 per share 40,000 $8.32 $332,800
Sale
Common Stock, par value $0.01 per share 28,370 $24.09 $683,377
Sale
Common Stock, par value $0.01 per share 2,735 $15.97 $43,667
Option
Common Stock, par value $0.01 per share 5,000 $12.88 $64,375
Option
Stock Options (right to buy) 500 $13.17 $6,585
Sale
Common Stock 9,175 $10.22 $93,732

FedNat Holding Company key executives

FedNat Holding Company executives and other stock owners filed with the SEC: