Patsy Augustine Net Worth

Patsy Augustine biography

Pat Augustine serves as Independent Director of the Company. Mr. Augustine spent most of his career in structured finance beginning in 1985 at Salomon Brothers during the developmental phase of the mortgage-backed securities market. From 1996 until 2007, Mr. Augustine built the securities business at NationsBank, now Bank of America, where he ran sales, trading and research for structured products. Between 2009 and 2011, Mr. Augustine served as Head of Structured Product and Credit Portfolio Management at Swiss RE Insurance Asset Management where he was primarily responsible for oversight of residential and commercial mortgage-related products. Most recently, he served as founder of Meridian Enterprises where he built, owned and operated Planet Fitness franchises before selling to a private equity firm in 2019. Mr. Augustine holds a BA in Economics from Duquesne University and an MBA from Emory University.

What's Patsy Augustine's mailing address?

Patsy's mailing address filed with the SEC is 8401 N CENTRAL EXPRESSWAY, SUITE 800, , DALLAS, TX, 75225.

Insiders trading at Capstead Mortgage

Over the last 21 years, insiders at Capstead Mortgage have traded over $3,414,319 worth of Capstead Mortgage stock and bought 1,021,785 units worth $8,143,825 . The most active insiders traders include Phillip A Reinsch, Howard Rubin, and Michelle P Goolsby. On average, Capstead Mortgage executives and independent directors trade stock every 51 days with the average trade being worth of $136,663. The most recent stock trade was executed by Roy Kim on 19 October 2021, trading 144,305 units of CMO stock currently worth $937,983.

What does Capstead Mortgage do?

Formed in 1985 and based in Dallas, Texas, Capstead is a self-managed real estate investment trust, or REIT, for federal income tax purposes. The Company earns income from investing in a leveraged portfolio of residential adjustable-rate mortgage pass-through securities, referred to as ARM securities, issued and guaranteed by government-sponsored enterprises, either Fannie Mae or Freddie Mac, or by an agency of the federal government, Ginnie Mae.

Capstead Mortgage executives and stock owners

Capstead Mortgage executives and other stock owners filed with the SEC include:

• Phillip Reinsch,
  President, Chief Executive Officer, Director
• Robert Spears,
  Executive Vice President, Chief Investment Officer
• Roy Kim,
  Senior Vice President, Treasurer
• Lance Phillips,
  Chief Financial Officer, Senior Vice President, Secretary
• Jack Biegler,
  Independent Chairman of the Board
• Gary Keiser,
  Independent Director
• Michelle Goolsby,
  Independent Director
• Christopher Mahowald,
  Independent Director
• Michael O'Neil,
  Independent Director
• Mark Whiting,
  Independent Director
• Patsy Augustine,
  Independent Director
• Mike Brown,
  Vice President & Treasurer
• John L Bernard,
  Director
• Andrew F Jacobs,
  Chief Executive Officer
• Howard Rubin,
  Director
• Amar R Patel,
  Senior Vice President
• Paul M Low,
  Director
• Anthony R Page,
  Senior Vice President