The estimated Net Worth of Paris G Iii Reece is at least $1.89 million dollars as of 31 July 2023. Mr. Reece owns over 15,000 units of M.D.C stock worth over $944,700 and over the last 22 years he sold MDC stock worth over $627,000. In addition, he makes $314,219 as Independent Director at M.D.C.
Paris has made over 13 trades of the M.D.C stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 15,000 units of MDC stock worth $547,200 on 31 July 2023.
The largest trade he's ever made was exercising 73,233 units of M.D.C stock on 15 July 2005 worth over $1,124,859. On average, Paris trades about 11,406 units every 190 days since 2003. As of 31 July 2023 he still owns at least 15,000 units of M.D.C stock.
You can see the complete history of Mr. Reece stock trades at the bottom of the page.
Paris G. Reece III serves as Independent Director of the Company. He was formerly the Company’s Chief Financial Officer and Principal Accounting Officer, and retired on August 1, 2008. Since his retirement, Mr. Reece has performed consulting work and served in a volunteer position as the President of the Cancer League of Colorado, a leading non-profit organization that was established almost fifty years ago to raise money for cancer research and patient care. He joined the Company's Board of Directors in May 2013. As a Certified Public Accountant (Texas, non-practicing), a former Chief Financial Officer and a highly respected person within the homebuilding industry, Mr. Reece is uniquely qualified to provide the Company with strong oversight of accounting and financial matters, as well as the operation of the Company's homebuilding and financial services businesses.
As the Independent Director of M.D.C, the total compensation of Paris Reece at M.D.C is $314,219. There are 9 executives at M.D.C getting paid more, with Larry Mizel having the highest compensation of $11,785,600.
Paris Reece is 65, he's been the Independent Director of M.D.C since 2013. There are 8 older and 8 younger executives at M.D.C. The oldest executive at M.D.C. Holdings, Inc. is Herbert Buchwald, 88, who is the Lead Independent Director.
Paris's mailing address filed with the SEC is 4350 S. MONACO ST., STE. 500, DENVER, CO, 80237.
Over the last 22 years, insiders at M.D.C have traded over $100,616,506 worth of M.D.C stock and bought 12,565 units worth $959,715 . The most active insiders traders include Larry A Mizel, David D Mandarich et Steven J Borick. On average, M.D.C executives and independent directors trade stock every 31 days with the average trade being worth of $3,040,422. The most recent stock trade was executed by David E Blackford on 11 March 2024, trading 6,200 units of MDC stock currently worth $388,678.
building one dream at a time. from the beginning, our mission has been to help people attain the american dream. nearly 40 years and more than 180,000 single-family homes later, we haven’t lost sight of that vision. we’re committed to designing quality homes and strengthening the communities in which we build. what sets us apart? it's the personal approach we take to every aspect of the homebuying experience. after all, it isn’t just a house we’re building. it’s someone’s home. a place where memories are made and dreams are realized. our job is to create a unique experience for each and every customer. that’s what making it personal is all about. the richmond american homes companies’ parent corporation, m.d.c. holdings, inc., is listed on the new york stock exchange under the symbol “mdc.” m.d.c.’s subsidiaries also provide mortgage financing, insurance and title services, primarily for richmond american homebuyers, through homeamerican mortgage corporation, american home insura
M.D.C executives and other stock owners filed with the SEC include: