Mark Richard Gruber
Net Worth
Last updated:
What is Mark Richard Gruber net worth?
The estimated net worth of Mr. Mark Richard Gruber is at least $3,504,263 as of 21 Feb 2023. He owns shares worth $2,214,263 as insider and has received compensation worth at least $1,290,000 in ARMOUR Residential REIT, Inc. and ARMOUR Residential REIT, Inc..
What is the salary of Mark Richard Gruber?
Mr. Mark Richard Gruber salary is $53,750 per year as Chief Investment Officer in ARMOUR Residential REIT, Inc.. He also receives $53,750 as Chief Investment Officer in ARMOUR Residential REIT, Inc..
How old is Mark Richard Gruber?
Mr. Mark Richard Gruber is 49 years old, born in 1976.
What stocks does Mark Richard Gruber currently own?
As insider, Mr. Mark Richard Gruber owns shares in 2 companies:
Company | Title | Shares | Price per share | Total value |
---|---|---|---|---|
ARMOUR Residential REIT, Inc. (ARR-PC) | Chief Investment Officer | 54,890 | $25.59 | $1,404,635 |
ARMOUR Residential REIT, Inc. (ARR) | Chief Investment Officer | 54,890 | $14.75 | $809,628 |
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.
Mark Richard Gruber insider trading
ARMOUR Residential REIT, Inc.
ARMOUR Residential REIT, Inc.
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