Last updated: 8 August 2024 at 4:39pm EST

David Trick Net Worth




The estimated Net Worth of David Trick is at least $3.85 Million dollars as of 7 August 2024. Mr. Trick owns over 3,700 units of AMBAC stock worth over $1,663,834 and over the last 11 years he sold AMBC stock worth over $0. In addition, he makes $2,188,620 as Chief Financial Officer, Executive Vice President, and Treasurer at AMBAC.

Mr. Trick AMBC stock SEC Form 4 insiders trading

David has made over 45 trades of the AMBAC stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 3,700 units of AMBC stock worth $39,812 on 7 August 2024.

The largest trade he's ever made was exercising 47,535 units of AMBAC stock on 22 February 2023 worth over $506,723. On average, David trades about 4,626 units every 62 days since 2013. As of 7 August 2024 he still owns at least 156,082 units of AMBAC stock.

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





David Trick biography

David Trick serves as Chief Financial Officer, Executive Vice President, Treasurer of the Company. He has served as Chief Financial Officer of Ambac since January 2010 and as a Senior Managing Director from January 2010 until his appointment as Executive Vice President. Mr. Trick was interim President and Chief Executive Officer of AAC from January 2015 until March 2016. As Chief Financial Officer, Mr. Trick has executive responsibility for managing Ambac’s financial affairs, including financial reporting, asset and liability management, investment management, financial planning, tax strategy, capital resources, operations, capital markets and liquidity. In addition, since May 2006, he has served as Treasurer of Ambac and AAC. Since September 2015, Mr. Trick has served as an Executive Director of Ambac Assurance UK Limited. Mr. Trick joined Ambac in 2005 from The Bank of New York Mellon, where he was a senior banker responsible for delivering strategic solutions to insurance industry clients, including those in the financial guaranty industry, with regard to a broad range of treasury, credit, and capital markets products.

What is the salary of David Trick?

As the Chief Financial Officer, Executive Vice President, and Treasurer of AMBAC, the total compensation of David Trick at AMBAC is $2,188,620. There are 2 executives at AMBAC getting paid more, with Claude LeBlanc having the highest compensation of $5,588,240.



How old is David Trick?

David Trick is 48, he's been the Chief Financial Officer, Executive Vice President, and Treasurer of AMBAC since 2016. There are 18 older and no younger executives at AMBAC. The oldest executive at AMBAC Financial Group Inc. is Claude Prieur, 69, who is the Independent Director.

What's David Trick's mailing address?

David's mailing address filed with the SEC is AMBAC FINANCIAL GROUP, INC., ONE WORLD TRADE CENTER, 41ST FLOOR, NEW YORK, NY, 10007.

Insiders trading at AMBAC

Over the last 2001 years, insiders at AMBAC have traded over $0 worth of AMBAC stock and bought 620,503 units worth $8,494,882 . The most active insiders traders include Claude Le Blanc, Tavakoli Nader, and C James Prieur. On average, AMBAC executives and independent directors trade stock every 3430 days with the average trade being worth of $117,111. The most recent stock trade was executed by R Sharon Smith on 8 August 2024, trading 1,100 units of AMBC stock currently worth $11,704.



What does AMBAC do?

ambac financial group, inc. (“ambac”), headquartered in new york city, is a holding company whose subsidiaries, including its principal operating subsidiary, ambac assurance corporation (“ambac assurance”), everspan financial guarantee corporation, and ambac assurance uk limited, provided financial guarantees and other financial services to clients in both the public and private sectors globally. ambac assurance, including the segregated account of ambac assurance (in rehabilitation), is a guarantor of public finance and structured finance obligations. ambac is also exploring opportunities involving the development or acquisition of new financial services businesses. ambac’s common stock trades on the nasdaq global select market (nasdaq: ambc)



What does AMBAC's logo look like?

AMBAC Financial Group Inc. logo

Complete history of Mr. Trick stock trades at AMBAC and AMBAC

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
7 Aug 2024 David Trick
Exec VP, CFO, and Treasurer
Buy 3,700 $10.76 $39,812
7 Aug 2024
156,082
8 Mar 2024 David Trick
Exec VP, CFO, and Treasurer
Option 270 $15.38 $4,153
8 Mar 2024
152,652
3 Mar 2024 David Trick
Exec VP, CFO, and Treasurer
Option 201 $16.19 $3,254
3 Mar 2024
152,583
28 Feb 2024 David Trick
Exec VP, CFO, and Treasurer
Option 220 $16.94 $3,727
28 Feb 2024
152,602
21 Feb 2024 David Trick
Exec VP, CFO, and Treasurer
Option 2,101 $16.25 $34,141
21 Feb 2024
154,483
8 Mar 2023 David Trick
Exec VP, CFO, and Treasurer
Option 348 $16.41 $5,711
8 Mar 2023
152,730
28 Feb 2023 David Trick
Exec VP, CFO, and Treasurer
Option 220 $16.55 $3,641
28 Feb 2023
152,602
22 Feb 2023 David Trick
Exec VP, CFO, and Treasurer
Option 47,535 $16.22 $771,018
22 Feb 2023
176,635
2 Jan 2023 David Trick
Exec VP, CFO, and Treasurer
Option 3,633 $17.44 $63,360
2 Jan 2023
131,165
8 Mar 2022 David Trick
Exec VP, CFO, and Treasurer
Option 7,618 $12.85 $97,891
8 Mar 2022
131,420
1 Mar 2022 David Trick
Exec VP, CFO, and Treasurer
Buy 3,000 $12.67 $38,010
1 Mar 2022
123,802
24 Feb 2022 David Trick
Exec VP, CFO, and Treasurer
Option 22,710 $14.35 $325,889
24 Feb 2022
132,395
2 Jan 2022 David Trick
Exec VP, CFO, and Treasurer
Option 6,230 $16.05 $99,992
2 Jan 2022
113,221
4 Mar 2021 David Trick
Exec VP, CFO, and Treasurer
Option 3,470 $16.93 $58,747
4 Mar 2021
108,598
1 Mar 2021 David Trick
Exec VP, CFO, and Treasurer
Option 38,289 $17.39 $665,846
1 Mar 2021
106,547
2 Jan 2021 David Trick
Exec VP, CFO, and Treasurer
Option 6,230 $15.38 $95,817
2 Jan 2021
89,634
18 May 2020 David Trick
Exec VP, CFO, and Treasurer
Option 6,244 $13.69 $85,480
18 May 2020
86,314
4 Mar 2020 David Trick
Exec VP, CFO, and Treasurer
Option 3,470 $19.50 $67,665
4 Mar 2020
81,687
2 Mar 2020 David Trick
Exec VP, CFO, and Treasurer
Option 26,479 $19.85 $525,608
2 Mar 2020
79,217
2 Jan 2020 David Trick
Exec VP, CFO, and Treasurer
Option 2,599 $21.76 $56,554
2 Jan 2020
61,645
31 May 2019 David Trick
Exec VP, CFO, and Treasurer
Buy 2,000 $15.16 $30,320
31 May 2019
59,046
16 May 2019 David Trick
Exec VP, CFO, and Treasurer
Option 6,243 $16.84 $105,132
16 May 2019
59,956
13 May 2019 David Trick
Exec VP, CFO, and Treasurer
Buy 3,000 $16.68 $50,040
13 May 2019
53,713
4 Mar 2019 David Trick
Exec VP, CFO, and Treasurer
Option 10,904 $20.11 $219,279
4 Mar 2019
50,713
21 Feb 2019 David Trick
Exec VP, CFO, and Treasurer
Option 4,296 $19.87 $85,362
21 Feb 2019
35,021
16 May 2018 David Trick
Exec VP, CFO, and Treasurer
Option 575 $19.14 $11,006
16 May 2018
31,300
2 Mar 2018 David Trick
Exec VP, CFO, and Treasurer
Option 3,612 $15.09 $54,505
2 Mar 2018
32,557
21 Feb 2018 David Trick
Exec VP, CFO, and Treasurer
Option 4,296 $15.84 $68,049
21 Feb 2018
23,426
2 Mar 2017 David Trick
Exec VP, CFO, and Treasurer
Option 284 $22.35 $6,347
2 Mar 2017
16,781
21 Feb 2017 David Trick
Exec VP, CFO, and Treasurer
Option 4,295 $22.18 $95,263
21 Feb 2017
18,514
20 Dec 2014 David Trick
Exec VP, CFO, and Treasurer
Option 435 $24.04 $10,457
20 Dec 2014
435
20 Dec 2013 David Trick
Exec VP, CFO, and Treasurer
Option 268 $20.63 $5,529
20 Dec 2013
268
2 Mar 2020 David Trick
Exec VP, CFO, and Treasurer
Option 26,479 $19.85 $525,608
2 Mar 2020
79,217


AMBAC executives and stock owners

AMBAC executives and other stock owners filed with the SEC include: