Robert T. Worthington
Net Worth
Last updated:
What is Robert T. Worthington net worth?
The estimated net worth of Mr. Robert T. Worthington is at least $2,775,279 as of 16 Feb 2023. He owns shares worth $417,390 as insider, has earned $200,649 from insider trading and has received compensation worth at least $2,157,240 in Mercantile Bank Corporation.
What is the salary of Robert T. Worthington?
Mr. Robert T. Worthington salary is $359,540 per year as Senior Vice President, Chief Operating Officer, Gen. Counsel & Sec. in Mercantile Bank Corporation.
How old is Robert T. Worthington?
Mr. Robert T. Worthington is 50 years old, born in 1975.
What stocks does Robert T. Worthington currently own?
As insider, Mr. Robert T. Worthington owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Mercantile Bank Corporation (MBWM) | Senior Vice President, Chief Operating Officer, Gen. Counsel & Sec. | 8,815 | $47.35 | $417,390 |
What does Mercantile Bank Corporation do?
Mercantile Bank Corporation operates as the bank holding company for Mercantile Bank of Michigan that provides commercial and retail banking services to small- to medium-sized businesses and individuals in the United States. It accepts various deposit products, including checking, savings, and term certificate accounts; time deposits; and certificates of deposit. The company also offers commercial and industrial loans; vacant land, land development, and residential construction loans; owner and non-owner-occupied real estate loans; multi-family and residential rental property loans; single-family residential real estate loans; home equity line of credit programs; and consumer loans, such as new and used automobile and boat loans, and credit cards, as well as overdraft protection services; and residential mortgage and instalment loans. In addition, it provides courier services and safe deposit facilities; and insurance products, such as private passenger automobile, homeowners, personal inland marine, boat owners, recreational vehicle, dwelling fire, umbrella policies, small business, and life insurance products, as well as owns 22 automated teller machines and 19 video banking machines. As of January 18, 2022, the company operated 44 banking offices. Mercantile Bank Corporation was incorporated in 1997 and is headquartered in Grand Rapids, Michigan.
Robert T. Worthington insider trading
Mercantile Bank Corporation
Mr. Robert T. Worthington has made 4 insider trades between 2019-2023, according to the Form 4 filled with the SEC. Most recently he sold 2,484 units of MBWM stock worth $86,319 on 16 Feb 2023.
The largest trade he's ever made was exercising 3,500 units of MBWM stock on 1 Dec 2020. As of 16 Feb 2023 he still owns at least 8,815 units of MBWM stock.
Mercantile Bank key executives
Mercantile Bank Corporation executives and other stock owners filed with the SEC:
- Mr. Charles E. Christmas (59) Executive Vice President, Chief Financial Officer & Treasurer
- Mr. Raymond E. Reitsma (62) Executive Vice President
- Mr. Robert B. Kaminski Jr. (63) Pres, Chief Executive Officer & Director
- Mr. Robert T. Worthington (50) Senior Vice President, Chief Operating Officer, Gen. Counsel & Sec.
- Ms. Lonna L. Wiersma (65) Senior Vice President & Human Resource Director