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Robert J. McCormick, insider at TrustCo Bank Corp NY

Robert J. McCormick Insider Information

Robert J. McCormick, President and Chief Executive Officer of TrustCo from 2004 to present, Chair 2009 to 2010 and 2019 to present, executive officer of TrustCo from 2001 to present and Chief Executive Officer of Trustco Bank from 2002 to present. Director of TrustCo and Trustco Bank from 2005 to present. Joined Trustco Bank in 1995. Mr. McCormick contributes his skills and knowledge obtained from being the chief executive officer of the Company and Trustco Bank.

What is Robert J. McCormick's net worth?

The estimated net worth of Robert J. McCormick is at least $8.71 million as of July 27th, 2022. Mr. McCormick owns 246,452 shares of TrustCo Bank Corp NY stock worth more than $8,714,543 as of August 15th. This net worth evaluation does not reflect any other assets that Mr. McCormick may own. Additionally, Mr. McCormick receives a salary of $2,310,000.00 as CEO at TrustCo Bank Corp NY. Learn More about Robert J. McCormick's net worth.

How old is Robert J. McCormick?

Mr. McCormick is currently 58 years old. There are 6 older executives and no younger executives at TrustCo Bank Corp NY. Learn More on Robert J. McCormick's age.

What is Robert J. McCormick's salary?

As the CEO of TrustCo Bank Corp NY, Mr. McCormick earned a total compensation package of $1,501,778.00 in 2021. Mr. McCormick earned a salary of $401,057.00, stock awards of $783,574.00, non-equity compensation of $314,830.00, and other compensation of $2,317.00. Learn More on Robert J. McCormick's salary.

How do I contact Robert J. McCormick?

The corporate mailing address for Mr. McCormick and other TrustCo Bank Corp NY executives is 5 SARNOWSKI DRIVE, GLENVILLE NY, 12205. TrustCo Bank Corp NY can also be reached via phone at (518) 377-3311 and via email at [email protected] Learn More on Robert J. McCormick's contact information.

Has Robert J. McCormick been buying or selling shares of TrustCo Bank Corp NY?

Over the course of the past ninety days, Robert J. McCormick has bought $59,220.00 of TrustCo Bank Corp NY stock. Most recently, on Wednesday, July 27th, Robert J. Mccormick bought 1,800 shares of TrustCo Bank Corp NY stock. The stock was acquired at an average cost of $32.90 per share, with a total value of $59,220.00. Following the completion of the transaction, the chief executive officer now directly owns 246,452 shares of the company's stock, valued at $8,108,270.80. Learn More on Robert J. McCormick's trading history.

Who are TrustCo Bank Corp NY's active insiders?

TrustCo Bank Corp NY's insider roster includes Kevin Curley (COO), Michael Hall (General Counsel), Robert Leonard (EVP), Robert McCormick (CEO), Michael Ozimek (CFO), Kimberly Russell (Director), Eric Schreck (EVP), and Frank Silverman (Director). Learn More on TrustCo Bank Corp NY's active insiders.

Are insiders buying or selling shares of TrustCo Bank Corp NY?

In the last twelve months, TrustCo Bank Corp NY insiders bought shares 15 times. They purchased a total of 12,818 shares worth more than $417,922.33. The most recent insider tranaction occured on July, 27th when CEO Robert J Mccormick bought 1,800 shares worth more than $59,220.00. Insiders at TrustCo Bank Corp NY own 2.9 % of the company. Learn More about insider trades at TrustCo Bank Corp NY.

Information on this page was last updated on 7/27/2022.

Robert J. McCormick Insider Trading History at TrustCo Bank Corp NY

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
7/27/2022Buy1,800$32.90$59,220.00246,452View SEC Filing Icon  
12/15/2021Buy3,500$32.40$113,400.00View SEC Filing Icon  
4/27/2020Buy65,000$6.05$393,250.001,049,169View SEC Filing Icon  
5/23/2014Buy3,753$6.66$24,994.98View SEC Filing Icon  
10/29/2013Buy3,641$6.87$25,013.67View SEC Filing Icon  
8/2/2013Buy4,181$5.98$25,002.38View SEC Filing Icon  
5/9/2013Buy4,473$5.59$25,004.07View SEC Filing Icon  
3/13/2013Buy4,642$5.39$25,020.38View SEC Filing Icon  
See Full Table

Robert J. McCormick Buying and Selling Activity at TrustCo Bank Corp NY

This chart shows Robert J Mccormick's buying and selling at TrustCo Bank Corp NY by year and by quarter.

Skip ChartChart Data in Insider Trading History Table

TrustCo Bank Corp NY Company Overview

TrustCo Bank Corp NY logo
TrustCo Bank Corp NY operates as the holding company for Trustco Bank, a federal savings bank that provides personal and business banking services to individuals, partnerships, and corporations. The company accepts deposits; and offers loans and investments. It also operates as a real estate investment trust that acquires, holds, and manages real estate mortgage assets, including residential mortgage loans and mortgage-backed securities. In addition, the company serves as the executor of estates and trustee of personal trusts; provides asset and wealth management, estate planning and related advice, and custodial services; and acts as trustee for various types of employee benefit plans, and corporate pension and profit-sharing trusts. As of December 31, 2021, it operated through 147 banking offices and 163 automatic teller machines in New York, New Jersey, Vermont, Massachusetts, and Florida. The company was founded in 1902 and is headquartered in Glenville, New York.
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Today's Range

Now: $35.64
Low: $34.59
High: $35.64

50 Day Range

MA: $31.79
Low: $29.85
High: $35.36

2 Week Range

Now: $35.64
Low: $29.50
High: $37.10

Volume

42,513 shs

Average Volume

71,434 shs

Market Capitalization

$681.69 million

P/E Ratio

10.07

Dividend Yield

3.96%

Beta

0.95
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