The estimated Net Worth of Robert J Mccormick is at least $11.9 Million dollars as of 16 November 2023. Mr. Mccormick owns over 6,524 units of Trustco Bank stock worth over $8,816,997 and over the last 22 years he sold TRST stock worth over $0. In addition, he makes $3,036,180 as President, Director, and Chief Executive Officer of TrustCo and TrustCo Bank at Trustco Bank.
Robert has made over 52 trades of the Trustco Bank stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 6,524 units of TRST stock worth $211,639 on 16 November 2023.
The largest trade he's ever made was exercising 308,700 units of Trustco Bank stock on 31 October 2008 worth over $3,321,612. On average, Robert trades about 14,542 units every 84 days since 2003. As of 16 November 2023 he still owns at least 271,794 units of Trustco Bank stock.
You can see the complete history of Mr. Mccormick stock trades at the bottom of the page.
Robert J. McCormick serves as President, Director, Chief Executive Officer of TrustCo and TrustCo Bank. He was President, Director, Chief Executive Officer of TrustCo and TrustCo Bank. He serves as Chairman, President and Chief Executive Officer of TrustCo from January 2009 to December 2010, President and Chief Executive Officer of TrustCo since January 2004, Executive Officer of TrustCo since 2001 and President and Chief Executive Officer of Trustco Bank since November 2002. Chairman of TrustCo and Trustco Bank from November 2008 to December 2010. Director of TrustCo and Trustco Bank since 2005. Robert J. McCormick is the son of Robert A. McCormick. Joined Trustco Bank in 1995.
As the President, Director, and Chief Executive Officer of TrustCo and TrustCo Bank of Trustco Bank, the total compensation of Robert McCormick at Trustco Bank is $3,036,180. There are no executives at Trustco Bank getting paid more.
Robert McCormick is 56, he's been the President, Director, and Chief Executive Officer of TrustCo and TrustCo Bank of Trustco Bank since 2014. There are 8 older and 9 younger executives at Trustco Bank. The oldest executive at Trustco Bank Corp. is William Powers, 78, who is the Independent Director.
Robert's mailing address filed with the SEC is C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE, NY, 12302.
Over the last 22 years, insiders at Trustco Bank have traded over $20,239,594 worth of Trustco Bank stock and bought 1,662,616 units worth $13,497,787 . The most active insiders traders include Robert A Mccormick, Robert T Cushing, and Robert J Mccormick. On average, Trustco Bank executives and independent directors trade stock every 14 days with the average trade being worth of $443,293. The most recent stock trade was executed by Kevin M Curley on 4 June 2024, trading 551 units of TRST stock currently worth $14,993.
trustco bank has been the low cost provider of high quality products and services since opening for business in 1902 in the upstate town of schenectady, new york. throughout this time trustco bank has remained true to core banking principles and did not get caught up in any of the latest banking fads that have caused so many other banks to close their doors over the years. in 2002, the company began a large expansion, opening over 80 new branches in central florida, massachusetts, downstate new york, new jersey, and vermont.today, trustco bank has 147 branch locations, 53 of which are in the state of florida. the bank believes in old school, personal service and welcomes each customer by name as they enter the branch. offering a wide variety of great deposit and loan products, the bank specializes in residential mortgage lending. as of december 31, 2021, trustco bank' s assets were $6.2 billion. trustco bank has paid dividends to its shareholders for over 100 consecutive years, and has
Trustco Bank executives and other stock owners filed with the SEC include: