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Last updated: 30 April 2024 at 12:33pm EST

John Desmond Net Worth




The estimated Net Worth of John J Desmond is at least $363 Thousand dollars as of 16 April 2024. Mr. Desmond owns over 3,144 units of First Of Long Island stock worth over $273,488 and over the last 8 years he sold FLIC stock worth over $0. In addition, he makes $89,750 as Independent Director at First Of Long Island.

Mr. Desmond FLIC stock SEC Form 4 insiders trading

John has made over 10 trades of the First Of Long Island stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 3,144 units of FLIC stock worth $39,300 on 16 April 2024.

The largest trade he's ever made was buying 4,350 units of First Of Long Island stock on 2 August 2018 worth over $99,137. On average, John trades about 1,121 units every 162 days since 2017. As of 16 April 2024 he still owns at least 21,879 units of First Of Long Island stock.

You can see the complete history of Mr. Desmond stock trades at the bottom of the page.





John Desmond biography

John J. Desmond serves as Independent Director of the Company. Previously, he was Partner-In-Charge of the Long Island office of Grant Thornton LLP from 1988 through his retirement from the firm in 2015, having served over 40 years in the public accounting industry. At Grant Thornton, Mr. Desmond’s experience also included, among other things, serving as lead audit partner for many public and privately-held companies. Mr. Desmond was elected by the U.S. Partners of Grant Thornton LLP to be a Partnership Board Member from 2001 through 2013. The Board was responsible for oversight of many of the firm’s activities including strategic planning, the performance of the senior leadership team and financial performance. Mr. Desmond also serves as a director of a publicly held company, and serves or has served as a board member of a number of not-for-profit entities. Mr. Desmond’s experience has provided him with a number of the core competencies identified by the Governance and Nominating Committee, which include corporate governance, banking, strategic planning, business leadership, organizational management and business operations, accounting and reporting, finance, mergers and acquisitions, legal and regulatory.

What is the salary of John Desmond?

As the Independent Director of First Of Long Island, the total compensation of John Desmond at First Of Long Island is $89,750. There are 17 executives at First Of Long Island getting paid more, with Christopher Becker having the highest compensation of $1,077,940.



How old is John Desmond?

John Desmond is 70, he's been the Independent Director of First Of Long Island since 2016. There are 4 older and 20 younger executives at First Of Long Island. The oldest executive at First Of Long Island Corp. is Alexander Cover, 76, who is the Independent Director.

What's John Desmond's mailing address?

John's mailing address filed with the SEC is THE FIRST NATIONAL BANK OF LONG ISLAND, 275 BROADHOLLOW ROAD, MELVILLE, NY, 11747.

Insiders trading at First Of Long Island

Over the last 22 years, insiders at First Of Long Island have traded over $6,667,709 worth of First Of Long Island stock and bought 159,269 units worth $2,523,869 . The most active insiders traders include John Abbott Root Cooper, Peter Quick, and Donald L Manfredonia. On average, First Of Long Island executives and independent directors trade stock every 9 days with the average trade being worth of $28,775. The most recent stock trade was executed by John Abbott Root Cooper on 5 September 2024, trading 166,633 units of FLIC stock currently worth $2,116,239.



What does First Of Long Island do?

the first national bank of long island, the bank "where everyone knows your name", organized in 1927, is the largest community bank headquartered on long island. fnbli is a full service commercial bank which provides a broad range of financial services to individual, professional, corporate, institutional and government customers through its branch network on long island and in manhattan. the hallmark of our success is our commitment to the delivery of exceptional personalized service while meeting the commercial and personal banking needs of privately owned businesses, professionals and service conscious consumers .



What does First Of Long Island's logo look like?

First Of Long Island Corp. logo

Complete history of Mr. Desmond stock trades at First Of Long Island

Date
#
Company
 Insider
Trans.
Transaction
 Shares Price per share Total value Shares after Source
16 Apr 2024 FLIC First Of Long Island Corp. John J Desmond
Option 3,144 $10.05 $31,597
16 Apr 2024
21,879 ↗
13 Feb 2024 FLIC First Of Long Island Corp. John J Desmond
Buy 1,000 $10.93 $10,930
13 Feb 2024
17,472 ↗
18 Apr 2023 FLIC First Of Long Island Corp. John J Desmond
Option 2,035 $12.46 $25,356
18 Apr 2023
16,472 ↗
19 Apr 2022 FLIC First Of Long Island Corp. John J Desmond
Option 1,704 $19.19 $32,700
19 Apr 2022
13,604 ↗
23 Jan 2022 FLIC First Of Long Island Corp. John J Desmond
Option 599 $21.21 $12,705
23 Jan 2022
11,479 ↗
23 Jan 2021 FLIC First Of Long Island Corp. John J Desmond
Option 1,030 $17.95 $18,489
23 Jan 2021
10,462 ↗
23 Jan 2020 FLIC First Of Long Island Corp. John J Desmond
Option 1,155 $23.70 $27,374
23 Jan 2020
6,260 ↗
25 Jan 2019 FLIC First Of Long Island Corp. John J Desmond
Option 555 $20.91 $11,605
25 Jan 2019
5,105 ↗
2 Aug 2018 FLIC First Of Long Island Corp. John J Desmond
Buy 4,350 $22.79 $99,137
2 Aug 2018
4,550 ↗
25 Jan 2018 FLIC First Of Long Island Corp. John J Desmond
Option 125 $28.25 $3,531
25 Jan 2018
200 ↗


First Of Long Island executives and stock owners

First Of Long Island executives and other stock owners filed with the SEC include: