Jeffrey Zimmer Net Worth

The estimated Net Worth of Jeffrey J Zimmer is at least $2.86 million dollars as of 22 February 2024. Mr. Zimmer owns over 4,380 units of ARMOUR Residential REIT Inc stock worth over $1,103,356 and over the last 15 years he sold ARR stock worth over $961,693. In addition, he makes $793,000 as Co-Vice Chairman of the Board, President et Co-Chief Executive Officer at ARMOUR Residential REIT Inc.

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Mr. Zimmer ARR stock SEC Form 4 insiders trading

Jeffrey has made over 52 trades of the ARMOUR Residential REIT Inc stock since 2009, according to the Form 4 filled with the SEC. Most recently he exercised 4,380 units of ARR stock worth $90,184 on 22 February 2024.

The largest trade he's ever made was buying 100,000 units of ARMOUR Residential REIT Inc stock on 26 February 2015 worth over $316,000. On average, Jeffrey trades about 8,407 units every 59 days since 2009. As of 22 February 2024 he still owns at least 53,587 units of ARMOUR Residential REIT Inc stock.

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

Jeffrey Zimmer biography

Jeffrey J. Zimmer is Co-Vice Chairman of the Board, President, Co-Chief Executive Officer of the Company. He has been the Co-Chief Executive Officer, Co-Vice Chairman and President of ARMOUR since November 2009. Mr. Zimmer also served as Chief Financial Officer of ARMOUR from November 2009 to September 2012 and the Secretary of ARMOUR from November 2009 to March 2014. Mr. Zimmer was a Co-Managing Member of ARRM from March 2008 until December 2014. Since December 2014, Mr. Zimmer has been a managing member of the entity that acts as one of the general partners of ACM. Mr. Zimmer has also been the Co-Chief Executive Officer, Co-Vice Chairman and President of JAVELIN, since June 2012, and a director of JAVELIN, since the Merger. Mr. Zimmer has also served as the Co-Chief Executive Officer of SBBC since January 2015. Mr. Zimmer has significant experience in the mortgage-backed securities market over a 30 plus year period. From September 2003 through March 2008, he was the co-founder and Chief Executive Officer of Bimini Capital Management, Inc., a publicly-traded REIT. From 1990 to 2003, he was a managing Director at RBS/Greenwich Capital in the Mortgage-Backed and Asset-Backed Department where he held various positions that included working closely with some of the nation’s largest mortgage banks, hedge funds and investment management firms on various mortgage-backed securities investments. Mr. Zimmer was employed at Drexel Burnham Lambert in the institutional mortgage-backed sales area from 1984 until 1990. He received his M.B.A. degree in finance from Babson College and a B.A. degree in economics and speech communication from Denison University.

What is the salary of Jeffrey Zimmer?

As the Co-Vice Chairman of the Board, President et Co-Chief Executive Officer of ARMOUR Residential REIT Inc, the total compensation of Jeffrey Zimmer at ARMOUR Residential REIT Inc is $793,000. There are no executives at ARMOUR Residential REIT Inc getting paid more.

How old is Jeffrey Zimmer?

Jeffrey Zimmer is 63, he's been the Co-Vice Chairman of the Board, President et Co-Chief Executive Officer of ARMOUR Residential REIT Inc since 2013. There are 7 older and 10 younger executives at ARMOUR Residential REIT Inc. The oldest executive at ARMOUR Residential REIT Inc is Stewart Paperin, 72, who is the Independent Director.

What's Jeffrey Zimmer's mailing address?

Jeffrey's mailing address filed with the SEC is 3001 OCEAN DRIVE, SUITE #201, VERO BEACH, FL, 32963.

Insiders trading at ARMOUR Residential REIT Inc

Over the last 15 years, insiders at ARMOUR Residential REIT Inc have traded over $10,915,847 worth of ARMOUR Residential REIT Inc stock and bought 1,781,484 units worth $16,414,436 . The most active insiders traders include Marc H Bell, Jeffrey J Zimmer et Scott Ulm. On average, ARMOUR Residential REIT Inc executives and independent directors trade stock every 12 days with the average trade being worth of $251,980. The most recent stock trade was executed by Gordon Harper on 22 August 2024, trading 2,100 units of ARR stock currently worth $43,239.

What does ARMOUR Residential REIT Inc do?

ARMOUR Residential REIT, Inc. (NYSE: ARR) is a Maryland corporation incorporated in 2008. ARMOUR and its subsidiaries are managed by ARMOUR Capital Management LP, an investment advisor registered with the SEC. We invest primarily in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored entity, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, “Agency Securities”). Our Agency Securities consist primarily of fixed rate loans. The remaining are either backed by hybrid adjustable rate or adjustable rate loans. From time to time we may also invest in Interest-Only Securities, U.S. Treasury Securities and money market instruments.

Complete history of Mr. Zimmer stock trades at ARMOUR Residential REIT Inc

ARMOUR Residential REIT Inc executives and stock owners

ARMOUR Residential REIT Inc executives and other stock owners filed with the SEC include:

• Scott Ulm,
  Co-Chief Executive Officer, Co-Vice Chairman and Chief Risk Officer
• Jeffrey Zimmer,
  Co-Vice Chairman of the Board, President, Co-Chief Executive Officer
• Mark Gruber,
  Chief Investment Officer
• James Mountain,
  Chief Financial Officer, Secretary
• Stewart Paperin,
  Independent Director
• John Hollihan,
  Independent Director
• Robert Hain,
  Independent Director
• Thomas Guba,
  Lead Independent Director
• Carolyn Downey,
  Independent Director
• Daniel Staton,
  Non-Executive Chairman of the Board
• Marc Bell,
  Director
• Z. Jamie Behar,
  Independent Director
• Scott Jeffrey Ulm,
  Co-CEO, Co-Vice Chairman & Head of Risk Management
• Jeffrey J. Zimmer,
  Co-CEO, Co-Vice Chairman & Pres
• Gordon Harper,
  Vice President - Finance, Controller, Treasurer, Executive Officer
• James Robert Mountain CPA,
  CFO & Sec.
• Mark Richard Gruber CFA,
  Chief Investment Officer
• Mark Richard Gruber,
  Chief Investment Officer
• Gordon M. Harper,
  VP of Fin., Treasurer & Controller
• David Sayles,
  Managing Director for Portfolio and Risk Analysis
• Bell Blank Check Llc Staton,
  10% owner
• Ezra Shashoua,
  
• Richard Steiner,
  
• Securities Inc.Sabourin Joh...,
  
• Jordan Zimmerman,
  Director
• Staton Maria Balodimas,
  
• Desmond Macauley,
  Co-Chief Investment Officer