The estimated Net Worth of Stewart J Paperin is at least $855 Tysiąc dollars as of 22 August 2024. Mr. Paperin owns over 520 units of ARMOUR Residential REIT Inc stock worth over $491,422 and over the last 15 years he sold ARR stock worth over $0. In addition, he makes $363,592 as Independent Director at ARMOUR Residential REIT Inc.
Stewart has made over 26 trades of the ARMOUR Residential REIT Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 520 units of ARR stock worth $10,707 on 22 August 2024.
The largest trade he's ever made was exercising 2,950 units of ARMOUR Residential REIT Inc stock on 23 November 2021 worth over $60,741. On average, Stewart trades about 485 units every 26 days since 2009. As of 22 August 2024 he still owns at least 23,867 units of ARMOUR Residential REIT Inc stock.
You can see the complete history of Mr. Paperin stock trades at the bottom of the page.
Stewart J. Paperin is Independent Director of the Company. has been a director of ARMOUR since November 2009. Mr. Paperin served as a member of Enterprise’s Board of Directors from its inception in July 2007 to its merger with ARMOUR in November 2009. Mr. Paperin was also a director of JAVELIN from June 2012 until the Merger in April 2016. Mr. Paperin currently serves as the managing member of Leopard Rock Property Group and Lion Rock Partners LLC, real property development and investment firms located in Los Angeles and San Diego, California, respectively. Mr. Paperin also served as a director of the Board of Directors of Thunder Bridge Acquisition, Ltd., a blank check company formed to acquire an operating business in the financial technology industry, until its acquisition of Hawk Parent Holdings LLC in July 2019, a full-service provider of electronic transaction processing services. Mr. Paperin served as a financial officer of Pepsico Corporation (NYSE: PEP) from 1980 to 1985 and as a management consultant at Cresap McCormick & Paget from 1975 to 1980. Mr. Paperin also served as a member of the Board of Directors of Community Bankers Acquisition Corp., a blank check company formed to acquire an operating business in the banking industry. Mr. Paperin holds a B.A. degree and an M.S. degree from the State University of New York at Binghamton. He is a member of the Council on Foreign Relations and was awarded an honorary Doctor of Humane Letters by the State University of New York.
As the Independent Director of ARMOUR Residential REIT Inc, the total compensation of Stewart Paperin at ARMOUR Residential REIT Inc is $363,592. There are 4 executives at ARMOUR Residential REIT Inc getting paid more, with Jeffrey Zimmer having the highest compensation of $793,000.
Stewart Paperin is 72, he's been the Independent Director of ARMOUR Residential REIT Inc since 2009. There are no older and 18 younger executives at ARMOUR Residential REIT Inc.
Stewart's mailing address filed with the SEC is 3001 OCEAN DRIVE, SUITE #201, VERO BEACH, FL, 32963.
Over the last 15 years, insiders at ARMOUR Residential REIT Inc have traded over $10,915,847 worth of ARMOUR Residential REIT Inc stock and bought 1,781,484 units worth $16,414,436 . The most active insiders traders include Marc H Bell, Jeffrey J Zimmer oraz Scott Ulm. On average, ARMOUR Residential REIT Inc executives and independent directors trade stock every 12 days with the average trade being worth of $251,980. The most recent stock trade was executed by Gordon Harper on 22 August 2024, trading 2,100 units of ARR stock currently worth $43,239.
ARMOUR Residential REIT, Inc. (NYSE: ARR) is a Maryland corporation incorporated in 2008. ARMOUR and its subsidiaries are managed by ARMOUR Capital Management LP, an investment advisor registered with the SEC. We invest primarily in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored entity, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, “Agency Securities”). Our Agency Securities consist primarily of fixed rate loans. The remaining are either backed by hybrid adjustable rate or adjustable rate loans. From time to time we may also invest in Interest-Only Securities, U.S. Treasury Securities and money market instruments.
ARMOUR Residential REIT Inc executives and other stock owners filed with the SEC include: