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.
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 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.
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.
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.
Neal's mailing address filed with the SEC is 118, 2nd Avenue Southeast, Cedar Rapids, Linn County, Iowa, 52401, United States.
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.
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.
United Fire Inc executives and other stock owners filed with the SEC include: