The estimated Net Worth of Stephen Michael Ksenak is at least $2.98 Milion dollars as of 7 August 2024. Mr. Ksenak owns over 5,000 units of AMBAC stock worth over $1,243,052 and over the last 12 years he sold AMBC stock worth over $0. In addition, he makes $1,741,620 as General Counsel i Senior Managing Director at AMBAC.
Stephen has made over 44 trades of the AMBAC stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 5,000 units of AMBC stock worth $55,000 on 7 August 2024.
The largest trade he's ever made was exercising 36,351 units of AMBAC stock on 22 February 2023 worth over $387,502. On average, Stephen trades about 4,070 units every 65 days since 2013. As of 7 August 2024 he still owns at least 116,609 units of AMBAC stock.
You can see the complete history of Mr. Ksenak stock trades at the bottom of the page.
Stephen M. Ksenak serves as General Counsel, Senior Managing Director of the Company. Mr. Ksenak has executive responsibility for managing Ambac’s legal affairs. Prior to joining Ambac as Vice President and Assistant General Counsel in 2002, Mr. Ksenak practiced at the law firm of King & Spalding LLP.
As the General Counsel i Senior Managing Director of AMBAC, the total compensation of Stephen Ksenak at AMBAC is $1,741,620. There are 3 executives at AMBAC getting paid more, with Claude LeBlanc having the highest compensation of $5,588,240.
Stephen Ksenak is 54, he's been the General Counsel i Senior Managing Director of AMBAC since 2011. There are 7 older and 10 younger executives at AMBAC. The oldest executive at AMBAC Financial Group Inc. is Claude Prieur, 69, who is the Independent Director.
Stephen's mailing address filed with the SEC is AMBAC FINANCIAL GROUP, INC., ONE WORLD TRADE CENTER, 41ST FLOOR, NEW YORK, NY, 10007.
Over the last 2001 years, insiders at AMBAC have traded over $0 worth of AMBAC stock and bought 620,503 units worth $8,494,882 . The most active insiders traders include Claude Le Blanc, Tavakoli Nader oraz C James Prieur. On average, AMBAC executives and independent directors trade stock every 3430 days with the average trade being worth of $117,111. The most recent stock trade was executed by R Sharon Smith on 8 August 2024, trading 1,100 units of AMBC stock currently worth $11,704.
ambac financial group, inc. (“ambac”), headquartered in new york city, is a holding company whose subsidiaries, including its principal operating subsidiary, ambac assurance corporation (“ambac assurance”), everspan financial guarantee corporation, and ambac assurance uk limited, provided financial guarantees and other financial services to clients in both the public and private sectors globally. ambac assurance, including the segregated account of ambac assurance (in rehabilitation), is a guarantor of public finance and structured finance obligations. ambac is also exploring opportunities involving the development or acquisition of new financial services businesses. ambac’s common stock trades on the nasdaq global select market (nasdaq: ambc)
AMBAC executives and other stock owners filed with the SEC include: