Fred L. Drake
Net Worth

Last updated:

What is Fred L. Drake net worth?

The estimated net worth of Mr. Fred L. Drake is at least $7,090,756 as of 12 Dec 2024. He owns shares worth $1,725,677 as insider, has earned $605,829 from insider trading and has received compensation worth at least $4,759,250 in HBT Financial, Inc..

What is the salary of Fred L. Drake?

Mr. Fred L. Drake salary is $951,850 per year as Chairman & Chief Executive Officer in HBT Financial, Inc..

How old is Fred L. Drake?

Mr. Fred L. Drake is 68 years old, born in 1957.

What stocks does Fred L. Drake currently own?

As insider, Mr. Fred L. Drake owns shares in one company:

Company Title Shares Price per share Total value
HBT Financial, Inc. (HBT) Chairman & Chief Executive Officer 68,670 $25.13 $1,725,677

What does HBT Financial, Inc. do?

HBT Financial, Inc. operates as the bank holding company for Heartland Bank and Trust Company that provides business, commercial, and retail banking products and services to individuals, businesses, and municipal entities. The company's deposits accounts consist of noninterest-bearing demand deposits, interest-bearing transaction accounts, money market accounts, savings accounts, certificates of deposits, health savings accounts, and individual retirement accounts. Its loan offering comprises owner and non-owner occupied commercial real estate; construction and land development and multi-family; commercial and industrial; agricultural and farmland; and one-to-four family residential loans, as well as municipal, consumer, and other loans. The company also offers wealth management services, including financial planning to consumers, trusts, and estates; trustee and custodial; investment management; corporate retirement plan consulting and administration; and retail brokerage services. In addition, it provides farmland management, farmland sales, and crop insurance services; and treasury management services, as well as originates and sells residential mortgage loans. Further, the company offers digital banking services, such as online and mobile banking, and digital payment services, as well as personal financial management tools. It operates through 57 branch locations in Central and Northeastern Illinois and four locations in Eastern Iowa. The company was formerly known as Heartland Bancorp, Inc. and changed its name to HBT Financial, Inc. in September 2019. HBT Financial, Inc. was founded in 1920 and is headquartered in Bloomington, Illinois.

HBT logo
HBT
HBT Financial, Inc.
$25.13

Fred L. Drake insider trading

HBT Financial, Inc.

Mr. Fred L. Drake has made 6 insider trades between 2020-2024, according to the Form 4 filled with the SEC. Most recently he sold 2,500 units of HBT stock worth $60,275 on 12 Dec 2024.

The largest trade he's ever made was exercising 20,000 units of HBT stock on 11 Mar 2020. As of 12 Dec 2024 he still owns at least 68,670 units of HBT stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock, $0.01 par value 2,500 $24.11 $60,275
Sale
Common Stock, $0.01 par value 2,500 $24.11 $60,275
Sale
Common Stock, $0.01 par value 5,000 $24.89 $124,450
Sale
Common Stock, $0.01 par value 8,002 $24.19 $193,568
Sale
Common Stock, $0.01 par value 4,798 $23.92 $114,768
Sale
Common Stock, $0.01 par value 2,200 $23.86 $52,492
Purchase
Common Stock, $0.01 par value 900 $15.2 $13,680
Purchase
Common Stock, $0.01 par value 2,770 $15.2 $42,104
Purchase
Common Stock, $0.01 par value 20,000 $12.1 $242,000
Purchase
Common Stock, $0.01 par value 10,000 $12.1 $121,000
Purchase
Common Stock, $0.01 par value 10,000 $12.1 $121,000
Purchase
Common Stock, $0.01 par value 5,000 $12.35 $61,750
Purchase
Common Stock, $0.01 par value 10,000 $12.18 $121,800
Purchase
Common Stock, $0.01 par value 5,000 $10.8 $54,000
Purchase
Common Stock, $0.01 par value 10,000 $11.15 $111,500
Purchase
Common Stock, $0.01 par value 10,000 $12.19 $121,900
Purchase
Common Stock, $0.01 par value 20,000 $13.23 $264,600

HBT Financial key executives

HBT Financial, Inc. executives and other stock owners filed with the SEC:

  • Mr. Fred L. Drake (68) Chairman & Chief Executive Officer
  • Mr. J. Lance Carter (54) Pres, Chief Operating Officer & Director
  • Mr. Patrick F. Busch (68) Executive Vice President, Chief Lending Officer & Director