Last updated: 16 February 2022 at 10:16am EST

Roy Thung Net Worth




The estimated Net Worth of Roy T K Thung is at least $25 Million dollars as of 2 January 2019. Mr. Thung owns over 151,000 units of Independence Co stock worth over $21,762,199 and over the last 20 years he sold IHC stock worth over $0. In addition, he makes $3,241,260 as Chairman of the Board and Chief Executive Officer at Independence Co.

Mr. Thung IHC stock SEC Form 4 insiders trading

Roy has made over 36 trades of the Independence Co stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 151,000 units of IHC stock worth $1,372,590 on 2 January 2019.

The largest trade he's ever made was exercising 151,000 units of Independence Co stock on 2 January 2019 worth over $1,372,590. On average, Roy trades about 16,740 units every 106 days since 2004. As of 2 January 2019 he still owns at least 381,726 units of Independence Co stock.

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





Roy Thung biography

Roy T. K. Thung serves as Chairman of the Board, Chief Executive Officer of the Company. Since September 2017, Chief Executive Officer and Chairman of the Board of IHC; since March 2011, Chief Executive Officer, President and Chairman of the Board of IHC; since January 2000, Chief Executive Officer of IHC; since July 1999, President of IHC; for more than five years prior to July 1999, Executive Vice President and Chief Financial Officer of IHC; for more than the past five years, Executive Vice President of Geneve; from July 2002 until August 2016, a director of AMIC; from November 2002 until March 2012, Chief Executive Officer and President of AMIC; from March 2012 until August 2016, Chief Executive Officer of AMIC; for more than the past five years prior to April 2016, Chief Executive Officer and Chairman of the Board of Standard Security Life; for more than the five years prior to October 2018, director of Standard Security Life; for more than the five years prior to November 2018, Chairman of the Board of Madison National Life.

What is the salary of Roy Thung?

As the Chairman of the Board and Chief Executive Officer of Independence Co, the total compensation of Roy Thung at Independence Co is $3,241,260. There are no executives at Independence Co getting paid more.



How old is Roy Thung?

Roy Thung is 76, he's been the Chairman of the Board and Chief Executive Officer of Independence Co since 2017. There are 3 older and 9 younger executives at Independence Co. The oldest executive at Independence Holding Co. is Ronald Simon, 81, who is the Independent Director.

What's Roy Thung's mailing address?

Roy's mailing address filed with the SEC is 96 CUMMINGS POINT ROAD, , STAMFORD, CT, 06902.

Insiders trading at Independence Co

Over the last 20 years, insiders at Independence Co have traded over $4,319,184 worth of Independence Co stock and bought 409,761 units worth $4,540,860 . The most active insiders traders include Roy T K Thung, Adam C Vandervoort, and Steven B Lapin. On average, Independence Co executives and independent directors trade stock every 37 days with the average trade being worth of $715,590. The most recent stock trade was executed by Teresa A Herbert on 5 December 2021, trading 70,034 units of IHC stock currently worth $2,243,189.



What does Independence Co do?

Independence Holding Company, formed in 1980, is a holding company that is principally engaged in underwriting, administering and/or distributing group and individual specialty benefit products, including disability, supplemental health, pet, and group life insurance through its subsidiaries (Independence Holding Company and its subsidiaries collectively referred to as 'The IHC Group'). The IHC Group consists of three insurance companies (Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company). Company also owns the following agencies: (i) PetPartners, Inc.; (ii) IHC Specialty Benefits, Inc., a technology-driven full-service marketing and distribution company that focuses on small employer and individual consumer products through its call center, career agents, and Independence Brokerage Group; and (iii) The INSX Cloud Platform through My1HR, company's wholly owned Web Based Entity. Its InsureTech division is comprised of company's call centers, field and career agents, in-house MarTech artificial intelligence capabilities and domains, including www.healthedeals.com; www.healthinsurance.org; www.medicareresources.org; www.petplace.com; and www.mypetinsurance.com.



What does Independence Co's logo look like?

Independence Holding Co. logo

Complete history of Mr. Thung stock trades at Independence Co

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
2 Jan 2019 Roy T K Thung
Chairman and CEO
Option 151,000 $9.09 $1,372,590
2 Jan 2019
381,726
4 Dec 2018 Roy T K Thung
Chairman and CEO
Option 25,000 $9.09 $227,250
4 Dec 2018
245,668
16 Nov 2017 Roy T K Thung
Chairman and CEO
Option 99,000 $9.51 $941,490
16 Nov 2017
349,898
5 Dec 2014 Roy T K Thung
Chairman and CEO
Option 110,000 $9.09 $999,900
5 Dec 2014
432,250
5 Dec 2014 Roy T K Thung
Chairman and CEO
Option 110,000 $9.09 $999,900
5 Dec 2014
432,250
17 May 2013 Roy T K Thung
Chairman and CEO
Buy 450 $11.23 $5,054
17 May 2013
322,250
14 May 2013 Roy T K Thung
Chairman and CEO
Buy 500 $10.74 $5,370
14 May 2013
321,800
10 May 2013 Roy T K Thung
Chairman and CEO
Buy 1,000 $10.49 $10,490
10 May 2013
321,300
14 Dec 2012 Roy T K Thung
Chairman and CEO
Buy 750 $9.06 $6,795
14 Dec 2012
320,000
13 Dec 2012 Roy T K Thung
Chairman and CEO
Buy 300 $9.06 $2,718
13 Dec 2012
320,300
13 Dec 2012 Roy T K Thung
Chairman and CEO
Buy 700 $9.12 $6,384
13 Dec 2012
319,250
11 Dec 2012 Roy T K Thung
Chairman and CEO
Buy 200 $9.20 $1,840
11 Dec 2012
318,550
7 Dec 2012 Roy T K Thung
Chairman and CEO
Buy 600 $8.72 $5,232
7 Dec 2012
318,350
3 Dec 2012 Roy T K Thung
Chairman and CEO
Buy 700 $8.95 $6,265
3 Dec 2012
317,750
30 Nov 2012 Roy T K Thung
Chairman and CEO
Buy 200 $8.97 $1,794
30 Nov 2012
317,050
26 Nov 2012 Roy T K Thung
Chairman and CEO
Buy 250 $9.17 $2,293
26 Nov 2012
316,850
19 Nov 2012 Roy T K Thung
Chairman and CEO
Buy 1,000 $8.81 $8,810
19 Nov 2012
316,600
16 Nov 2012 Roy T K Thung
Chairman and CEO
Buy 1,000 $8.54 $8,540
16 Nov 2012
315,600
1 Jun 2012 Roy T K Thung
Chairman and CEO
Buy 200 $9.12 $1,824
1 Jun 2012
314,600
29 May 2012 Roy T K Thung
Chairman and CEO
Buy 300 $8.56 $2,568
29 May 2012
314,400
22 May 2012 Roy T K Thung
Chairman and CEO
Buy 500 $9.16 $4,580
22 May 2012
314,100
16 Mar 2012 Roy T K Thung
Chairman and CEO
Buy 500 $9.84 $4,920
16 Mar 2012
313,600
13 Mar 2012 Roy T K Thung
Chairman and CEO
Buy 350 $9.50 $3,325
13 Mar 2012
313,100
12 Mar 2012 Roy T K Thung
Chairman and CEO
Buy 300 $9.57 $2,871
12 Mar 2012
312,750
9 Mar 2012 Roy T K Thung
Chairman and CEO
Buy 1,000 $9.48 $9,480
9 Mar 2012
312,450
8 Mar 2012 Roy T K Thung
Chairman and CEO
Buy 900 $8.81 $7,929
8 Mar 2012
311,450
7 Mar 2012 Roy T K Thung
Chairman and CEO
Buy 3,225 $8.04 $25,929
7 Mar 2012
310,550
21 Nov 2011 Roy T K Thung
Chairman and CEO
Buy 1,280 $7.62 $9,754
21 Nov 2011
279,387
17 Nov 2011 Roy T K Thung
Chairman and CEO
Buy 2,420 $7.74 $18,731
17 Nov 2011
278,107
15 Sep 2011 Roy T K Thung
Chairman and CEO
Buy 6,550 $7.96 $52,138
15 Sep 2011
275,687
9 Sep 2011 Roy T K Thung
Chairman and CEO
Buy 5,000 $7.32 $36,600
9 Sep 2011
269,137
29 May 2008 Roy T K Thung
Chairman and CEO
Option 109,710 $11.38 $1,248,500
29 May 2008
389,057
4 Dec 2007 Roy T K Thung
Chairman and CEO
Buy 40,000 $13.01 $520,400
4 Dec 2007
276,238
30 May 2006 Roy T K Thung
Chairman and CEO
Option 83,500 $7.33 $612,055
30 May 2006
301,238
25 May 2006 Roy T K Thung
Chairman and CEO
Option 78,500 $7.33 $575,405
25 May 2006
258,038
15 Jul 2004 Roy T K Thung
Chairman and CEO
Buy 100 $21.67 $2,167
15 Jul 2004
342,238


Independence Co executives and stock owners

Independence Co executives and other stock owners filed with the SEC include: