The estimated Net Worth of Scott Ulm is at least $2.91 Milion dollars as of 22 August 2024. Mr. Ulm owns over 4,380 units of ARMOUR Residential REIT Inc stock worth over $1,313,930 and over the last 15 years he sold ARR stock worth over $800,170. In addition, he makes $793,000 as Co-Chief Executive Officer i Co-Vice Chairman and Chief Risk Officer at ARMOUR Residential REIT Inc.
Scott has made over 54 trades of the ARMOUR Residential REIT Inc stock since 2009, according to the Form 4 filled with the SEC. Most recently he exercised 4,380 units of ARR stock worth $90,184 on 22 August 2024.
The largest trade he's ever made was buying 100,000 units of ARMOUR Residential REIT Inc stock on 16 June 2010 worth over $675,000. On average, Scott trades about 7,456 units every 59 days since 2009. As of 22 August 2024 he still owns at least 63,814 units of ARMOUR Residential REIT Inc stock.
You can see the complete history of Mr. Ulm stock trades at the bottom of the page.
Scott J. Ulm serves as Co-Chief Executive Officer, Co-Vice Chairman and Chief Risk Officer of the Company. Mr. Ulm has been the Co-Chief Executive Officer, Co-Vice Chairman and Chief Risk Officer of ARMOUR since November 2009. Mr. Ulm was the Chief Investment Officer until March 2018 when Mr. Gruber assumed that position. Mr. Ulm was a Co-Managing Member of ARMOUR Residential Management, LLC, our external manager (“ARRM”), from March 2008 until December 2014. Since December 2014, Mr. Ulm has been a managing member of the entity that acts as one of the general partners of ARMOUR Capital Management LP, the successor to ARRM as our external manager (“ACM”). Mr. Ulm has also served as a Director, Co-Chief Executive Officer, Co-Vice Chairman, Chief Investment Officer and Head of Risk Management of JAVELIN Mortgage Investment Corp. (“JAVELIN”), formerly a publicly-traded real estate investment trust (“REIT”). In April 2016, JAVELIN was acquired by ARMOUR pursuant to a tender offer and subsequent second-step merger (the “Merger”). Pursuant to the Merger, JAVELIN became a wholly-owned, qualified REIT subsidiary of ARMOUR and delisted its common stock from the NYSE. Mr. Ulm has also been a director of JAVELIN, since the Merger. JAVELIN is also externally-managed by ACM. Mr. Ulm has also served as the Co-Chief Executive Officer of Staton Bell Blank Check LLC, the sub-manager to ACM (“SBBC”), since January 2015. Mr. Ulm also serves as Chairman of the Board and Head of Corporate Finance for BUCKLER Securities LLC (“BUCKLER”), an affiliate of ACM that operates as a broker-dealer registered with the Financial Industry Regulatory Authority (“FINRA”) and provides trading and investment banking services to other financial entities. Mr. Ulm holds a B.A. summa cum laude from Amherst College, an M.B.A. from the Yale School of Management and a J.D. degree from Yale Law School.
As the Co-Chief Executive Officer i Co-Vice Chairman and Chief Risk Officer of ARMOUR Residential REIT Inc, the total compensation of Scott Ulm at ARMOUR Residential REIT Inc is $793,000. There are no executives at ARMOUR Residential REIT Inc getting paid more.
Scott Ulm is 61, he's been the Co-Chief Executive Officer i Co-Vice Chairman and Chief Risk Officer of ARMOUR Residential REIT Inc since 2020. There are 11 older and 7 younger executives at ARMOUR Residential REIT Inc. The oldest executive at ARMOUR Residential REIT Inc is Stewart Paperin, 72, who is the Independent Director.
Scott'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: