The estimated Net Worth of David J Matlin is at least 3.13 十億$ dollars as of 10 November 2023. Mr. Matlin owns over 250,002 units of Flagstar stock worth over 264,419,972$ and over the last 20 years he sold FBC stock worth over 2,860,644,304$. In addition, he makes 0$ as Director at Flagstar.
David has made over 31 trades of the Flagstar stock since 2005, according to the Form 4 filled with the SEC. Most recently he bought 250,002 units of FBC stock worth 102,501$ on 10 November 2023.
The largest trade he's ever made was buying 422,535,212 units of Flagstar stock on 27 January 2010 worth over 300,000,001$. On average, David trades about 13,941,067 units every 118 days since 2005. As of 10 November 2023 he still owns at least 7,043,686 units of Flagstar stock.
You can see the complete history of Mr. Matlin stock trades at the bottom of the page.
David J. Matlin serves as Director of the Company. Mr. Matlin is the Chief Executive Officer of MP Global Advisers, which he co-founded in July 2002. Prior to forming MP Global Advisers, Mr. Matlin was a Managing Director at Credit Suisse First Boston, and headed their Distressed Securities Group upon its inception in 1994. Mr. Matlin was also a Managing Director and a founding partner of Merrion Group, L.P. Mr. Matlin's background in distressed companies and his experience serving on several public company boards brings extensive leadership, risk assessment skills and public company expertise to the Board. Also, Mr. Matlin is a controlling member of MP Thrift, and as such, he provides the Board with the perspective of a major shareholder. Mr. Matlin also serves on the board of several private companies. Mr. Matlin was designated as a nominee by MP Thrift pursuant to Section 4.1(c) of the Investment Agreement.
David Matlin is 58, he's been the Director of Flagstar since 2009. There are 9 older and 9 younger executives at Flagstar. The oldest executive at Flagstar Bancorp, Inc. is Bruce Nyberg, 74, who is the Independent Director.
David's mailing address filed with the SEC is 6550 SOUTH MILLROCK DRIVE, SUITE G50, SALT LAKE CITY, UT, 84121.
Over the last 16 years, insiders at Flagstar have traded over 3,464,260,863$ worth of Flagstar stock and bought 2,779,369,900 units worth 1,889,229,054$ . The most active insiders traders include David J Matlin、Thrift Investments L.P. Mp、Mark R Patterson. On average, Flagstar executives and independent directors trade stock every 131 days with the average trade being worth of 3,611,561,940$. The most recent stock trade was executed by Thrift Investments L.P. Mp on 10 November 2020, trading 9,112,705 units of FBC stock currently worth 275,112,564$.
Flagstar Bancorp, Inc. is a $31.0 billion savings and loan holding company headquartered in Troy, Mich.Flagstar Bank, FSB, provides commercial, small business, and consumer banking services through 158 branches in Michigan, Indiana, California, Wisconsin and Ohio. It also provides home loans through a wholesale network of brokers and correspondents in all 50 states, as well as 103 retail locations in 28 states, representing the combined retail branches of Flagstar and its Opes Advisors mortgage division. Flagstar is a leading national originator and servicer of mortgage and other consumer loans, handling payments and record keeping for $227 billion of loans representing almost 1.1 million borrowers.
Flagstar executives and other stock owners filed with the SEC include: