The estimated Net Worth of Robert Edward Ii Mahaney is at least $671 millier dollars as of 12 March 2020. Mr. Mahaney owns over 2,562 units of Mackinac stock worth over $623,113 and over the last 17 years he sold MFNC stock worth over $0. In addition, he makes $47,650 as Director at Mackinac.
Robert has made over 14 trades of the Mackinac stock since 2008, according to the Form 4 filled with the SEC. Most recently he bought 2,562 units of MFNC stock worth $29,463 on 12 March 2020.
The largest trade he's ever made was buying 4,488 units of Mackinac stock on 29 August 2008 worth over $24,684. On average, Robert trades about 680 units every 220 days since 2008. As of 12 March 2020 he still owns at least 28,982 units of Mackinac stock.
You can see the complete history of Mr. Mahaney stock trades at the bottom of the page.
Robert Edward Mahaney II serves as Director of the Company. He is Founder and President, Veridea Group, LLC (a commercial and residential real estate development and hotel management company). Mr. Mahaney is also a private equity investor in a number of lodging and other businesses. Mr. Mahaney's qualifications to serve as a director include his many business ventures and his previous financial services experience, coupled with his academic background, professional designations and community involvement.
As the Director of Mackinac, the total compensation of Robert Mahaney at Mackinac is $47,650. There are 5 executives at Mackinac getting paid more, with Kelly George having the highest compensation of $823,812.
Robert Mahaney is 61, he's been the Director of Mackinac since 2013. There are 6 older and 4 younger executives at Mackinac. The oldest executive at Mackinac Financial Corp. is Walter Aspatore, 77, who is the Lead Independent Director.
Robert's mailing address filed with the SEC is 989 W Washington St #102, Marquette, MI 49855, USA.
Over the last 25 years, insiders at Mackinac have traded over $483,703 worth of Mackinac stock and bought 336,837 units worth $2,541,054 . The most active insiders traders include Paul Davison Tobias, David Russ Steinhardt Capit... et Walter J Aspatore. On average, Mackinac executives and independent directors trade stock every 77 days with the average trade being worth of $91,719. The most recent stock trade was executed by Paul Davison Tobias on 17 August 2021, trading 4,394 units of MFNC stock currently worth $91,483.
Mackinac Financial Corporation is a registered bank holding company formed under the Bank Holding Company Act of 1956 with assets in excess of $1.5 billion. The principal subsidiary of the Corporation is mBank. Headquartered in Manistique, Michigan, mBank has 29 branch locations; eleven in the Upper Peninsula, ten in the Northern Lower Peninsula, one in Oakland County, Michigan, and seven in Northern Wisconsin. The Corporation’s banking services include commercial lending and treasury management products and services geared toward small to mid-sized businesses, as well as a full array of personal and business deposit products and consumer loans.
Mackinac executives and other stock owners filed with the SEC include: