The estimated Net Worth of Lawrence Schimmel is at least $1.26 Milion dollars as of 8 August 2022. Lawrence Schimmel owns over 7,000 units of Professional stock worth over $1,144,482 and over the last 4 years he sold PFHD stock worth over $76,897. In addition, he makes $34,000 as Independent Director at Professional.
Lawrence has made over 6 trades of the Professional stock since 2021, according to the Form 4 filled with the SEC. Most recently he exercised 7,000 units of PFHD stock worth $87,500 on 8 August 2022.
The largest trade he's ever made was exercising 7,000 units of Professional stock on 8 August 2022 worth over $87,500. On average, Lawrence trades about 1,208 units every 47 days since 2020. As of 8 August 2022 he still owns at least 39,947 units of Professional stock.
You can see the complete history of Lawrence Schimmel stock trades at the bottom of the page.
Dr. Lawrence Schimmel M.D. serves as Independent Director of the Company. He was the founding Chairman of Professional Bank and has served as a director of Professional Bank since 2008 and as a director of the Company since its inception in 2014. Dr. Schimmel has been an entrepreneur in the medical-related business field throughout most of his career. Presently, he serves on the board of directors as the Chief Medical Officer for Clinigence Holdings, Inc., doing business as Clinigence Health, a healthcare analytics company since April 2019. Dr. Schimmel has also served as Managing Partner of Allied Health Advisors, LLC from 2012 to 2015. In 1992, Dr. Schimmel co-founded Allied Health Group and Florida Specialty Networks, which grew into a national medical management business overseeing the payment of approximately $450 million in healthcare claims annually, and he served as President and Chief Executive Officer of each of these companies from their founding until 1998 when they were sold to Magellan Health Services. In 1984, Dr. Schimmel was the founding Chairman of Megabank and served on its board of directors until 1993. Subsequently, Dr. Schimmel served on the board of directors of Executive National Bank from 1994 until 1997. Most recently, Dr. Schimmel served as the. Chief Medical Officer for QualMetrix from 2013 until March 2019 when it was acquired by Clinigence Health. In addition, Dr. Schimmel practiced general and vascular surgery in the Miami community for 17 years. Dr. Schimmel received his B.A. from Rutgers College and his M.D. from New Jersey College of Medicine.
As the Independent Director of Professional, the total compensation of Lawrence Schimmel at Professional is $34,000. There are 5 executives at Professional getting paid more, with Daniel Sheehan having the highest compensation of $1,223,900.
Lawrence Schimmel is 71, he's been the Independent Director of Professional since 2014. There are 1 older and 13 younger executives at Professional. The oldest executive at Professional Holding Corp. is Norman Edelcup, 84, who is the Director.
Lawrence's mailing address filed with the SEC is 396 ALHAMBRA CIRCLE, 255, CORAL GABLES, FL, 33134.
Over the last 5 years, insiders at Professional have traded over $11,950,442 worth of Professional stock and bought 53,025 units worth $671,813 . The most active insiders traders include Anton Villars Schutz, Carlos M. Garcia oraz Norman S Edelcup. On average, Professional executives and independent directors trade stock every 24 days with the average trade being worth of $768,622. The most recent stock trade was executed by Hillel Shohet on 15 November 2022, trading 9,078 units of PFHD stock currently worth $60,278.
Professional Holding Corp., operates primarily through its subsidiary, Professional Bank, provides banking products and services to small and medium sized businesses, other professionals, entrepreneurs, and high net worth individuals. Its deposit products include checking, savings, and money market accounts, as well as IRAs and certificates of deposit. The company's lending products comprise commercial loans, residential mortgage loans, home equity lines of credit, installment loans, and consumer lines of credit. It also offers online/digital and mobile banking services, as well as cash management services. January 29, 2021, it operated through a network of nine locations in the regional areas of Miami, Broward, and Palm Beach counties, as well as had a digital innovation center located in Cleveland, Ohio and a loan production office in New England. The company was founded in 2008 and is headquartered in Coral Gables, Florida.
Professional executives and other stock owners filed with the SEC include: