Last updated: 5 April 2022 at 5:53pm EST

Neal Scharmer Net Worth




The estimated Net Worth of Neal R Scharmer is at least $1.18 million dollars as of 3 July 2019. Mr. Scharmer owns over 1,824 units of United Fire Inc stock worth over $347,828 and over the last 16 years he sold UFCS stock worth over $0. In addition, he makes $835,985 as Vice President, General Counsel et Corporate Secretary at United Fire Inc.

Mr. Scharmer UFCS stock SEC Form 4 insiders trading

Neal has made over 56 trades of the United Fire Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 1,824 units of UFCS stock worth $53,115 on 3 July 2019.

The largest trade he's ever made was exercising 6,000 units of United Fire Inc stock on 15 March 2016 worth over $193,020. On average, Neal trades about 275 units every 22 days since 2009. As of 3 July 2019 he still owns at least 17,470 units of United Fire Inc stock.

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





Neal Scharmer biography

Neal R. Scharmer serves as Vice President, General Counsel, Corporate Secretary of the Company. He was appointed our Vice President and General Counsel in May 2001 and Corporate Secretary in May 2006. He joined us in 1995.

What is the salary of Neal Scharmer?

As the Vice President, General Counsel et Corporate Secretary of United Fire Inc, the total compensation of Neal Scharmer at United Fire Inc is $835,985. There are 4 executives at United Fire Inc getting paid more, with Randy Ramlo having the highest compensation of $2,266,670.



How old is Neal Scharmer?

Neal Scharmer is 63, he's been the Vice President, General Counsel et Corporate Secretary of United Fire Inc since 2006. There are 8 older and 12 younger executives at United Fire Inc. The oldest executive at United Fire Group Inc is Jack Evans, 72, who is the Independent Chairman of the Board.

What's Neal Scharmer's mailing address?

Neal's mailing address filed with the SEC is 118, 2nd Avenue Southeast, Cedar Rapids, Linn County, Iowa, 52401, United States.

Insiders trading at United Fire Inc

Over the last 16 years, insiders at United Fire Inc have traded over $4,281,331 worth of United Fire Inc stock and bought 156,149 units worth $4,021,143 . The most active insiders traders include James Noyce, Mark A. Green et George D Milligan. On average, United Fire Inc executives and independent directors trade stock every 11 days with the average trade being worth of $28,929. The most recent stock trade was executed by Matthew R Foran on 12 August 2024, trading 1,000 units of UFCS stock currently worth $18,450.



What does United Fire Inc do?

operating through a network of independent agents, we provide insurance protection to individuals, businesses and organizations. our complete line of products includes commercial insurance, personal insurance, life insurance and surety bonds. we are licensed as a property and casualty insurer in 43 states, plus the district of columbia, and as a life insurer in 28 states. our subsidiary, united life insurance company, is licensed in 36 states, represented by more than 900 independent life insurance agencies and rated "a-" (excellent) by a.m. best company. our products are marketed principally through our home office in cedar rapids, iowa, and four regional locations: the denver regional office in westminster, colorado; the gulf coast regional office in galveston, texas; the east coast regional office in pennington, new jersey; and the west coast regional office in rocklin, california. other offices are maintained in new orleans, louisiana, and lock haven, pennsylvania.



What does United Fire Inc's logo look like?

United Fire Group Inc logo

Complete history of Mr. Scharmer stock trades at United Fire Inc

Date
#
Société
Initié
Trans.
Transaction
Actions Prix par action Prix ​​total Actions après Source
3 Jul 2019 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 1,824 $29.12 $53,115
3 Jul 2019
17,470
25 Jun 2019 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 2,176 $29.12 $63,365
25 Jun 2019
15,822
21 Jun 2019 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 2,000 $29.12 $58,240
21 Jun 2019
16,631
20 Jun 2019 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 3,041 $29.61 $90,044
20 Jun 2019
17,912
30 Oct 2018 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 5,000 $29.61 $148,050
30 Oct 2018
20,660
14 Aug 2018 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 1,015 $23.96 $24,319
14 Aug 2018
16,356
22 Nov 2017 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 2,537 $23.96 $60,787
22 Nov 2017
17,472
3 Jan 2017 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 1,522 $23.96 $36,467
3 Jan 2017
14,311
17 Nov 2016 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 4,639 $33.43 $155,082
17 Nov 2016
17,404
20 Sep 2016 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 2,020 $20.54 $41,491
20 Sep 2016
14,485
20 Sep 2016 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 2,020 $20.54 $41,491
20 Sep 2016
14,485
15 Mar 2016 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 6,000 $32.17 $193,020
15 Mar 2016
13,441
15 Apr 2014 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 12 $28.34 $340
15 Apr 2014
824
31 Mar 2014 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 6 $30.35 $182
31 Mar 2014
812
17 Mar 2014 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 25 $29.65 $741
17 Mar 2014
800
28 Feb 2014 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 6 $28.96 $174
28 Feb 2014
796
14 Feb 2014 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 6 $27.37 $164
14 Feb 2014
791
15 Jan 2014 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 13 $26.36 $343
15 Jan 2014
788
30 Sep 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 6 $30.47 $183
30 Sep 2013
725
13 Sep 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 6 $28.50 $171
13 Sep 2013
716
30 Aug 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 5 $28.69 $143
30 Aug 2013
678
16 Aug 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 2,000 $21.66 $43,320
16 Aug 2013
8,579
15 Jul 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 12 $25.42 $305
15 Jul 2013
702
28 Jun 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 7 $24.83 $174
28 Jun 2013
692
14 Jun 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 6 $27.25 $164
14 Jun 2013
672
15 May 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 12 $28.19 $338
15 May 2013
668
15 Apr 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 12 $27.30 $328
15 Apr 2013
662
28 Mar 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 6 $25.47 $153
28 Mar 2013
648
15 Mar 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 17 $26.12 $444
15 Mar 2013
6,558
28 Feb 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 7 $23.96 $168
28 Feb 2013
636
15 Feb 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 7 $23.96 $168
15 Feb 2013
632
15 Jan 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 14 $23.10 $323
15 Jan 2013
628
15 Jan 2013 Neal R Scharmer
VP/General Counsel/Corp Sec
Exercice d'option 400 $23.41 $9,364
15 Jan 2013
5,501
14 Dec 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 16 $21.68 $347
14 Dec 2012
606
15 Nov 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 15 $19.93 $299
15 Nov 2012
589
15 Oct 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 12 $24.38 $293
15 Oct 2012
578
17 Sep 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 14 $23.92 $335
17 Sep 2012
576
15 Aug 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 14 $21.93 $307
15 Aug 2012
555
16 Jul 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 15 $20.52 $308
16 Jul 2012
541
15 Jun 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 16 $21.49 $344
15 Jun 2012
526
15 May 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 16 $21.18 $339
15 May 2012
511
13 Apr 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 20 $17.02 $340
13 Apr 2012
494
15 Mar 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 17 $18.63 $317
15 Mar 2012
471
15 Feb 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 17 $19.46 $331
15 Feb 2012
451
17 Jan 2012 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 17 $19.60 $333
17 Jan 2012
436
15 Dec 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 29 $20.33 $590
15 Dec 2011
4,253
15 Nov 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 18 $18.85 $339
15 Nov 2011
406
14 Oct 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 18 $18.93 $341
14 Oct 2011
377
15 Aug 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 19 $17.37 $330
15 Aug 2011
349
12 Aug 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 1,000 $15.92 $15,920
12 Aug 2011
4,242
18 Jul 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 15 $17.37 $261
18 Jul 2011
328
15 Jun 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 12 $17.70 $212
15 Jun 2011
309
13 May 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 10 $18.81 $188
13 May 2011
286
15 Apr 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 10 $19.63 $196
15 Apr 2011
284
31 Mar 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 5 $20.21 $101
31 Mar 2011
273
15 Mar 2011 Neal R Scharmer
VP/General Counsel/Corp Sec
Acheter 5 $19.09 $95
15 Mar 2011
267


United Fire Inc executives and stock owners

United Fire Inc executives and other stock owners filed with the SEC include: