Last updated: 15 June 2019 at 6:29am EST

John Crites Net Worth




The estimated Net Worth of John W Ii Crites is at least $1.36 Million dollars as of 13 June 2016. Mr. Crites owns over 2,338 units of Summit Inc stock worth over $1,342,080 and over the last 8 years he sold SMMF stock worth over $0. In addition, he makes $19,200 as Independent Director at Summit Inc.

Mr. Crites SMMF stock SEC Form 4 insiders trading

John has made over 2 trades of the Summit Inc stock since 2016, according to the Form 4 filled with the SEC. Most recently he bought 2,338 units of SMMF stock worth $39,676 on 13 June 2016.

The largest trade he's ever made was buying 2,338 units of Summit Inc stock on 13 June 2016 worth over $39,676. On average, John trades about 779 units every 0 days since 2016. As of 13 June 2016 he still owns at least 52,221 units of Summit Inc stock.

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





John Crites biography

John W. Crites II serves as Independent Director of the Company. He has served as a member of the Board of Directors of the Company since 2016. Mr. Crites earned his bachelor of science degree in Forestry, Wood Industries, from West Virginia University. Mr. Crites has served as the President of Allegheny Wood Products, Inc. since April 2006. Prior to this time, Mr. Crites served as general manager of Allegheny Wood Products, Inc. where he was actively involved in the overall operations of the company. Mr. Crites also serves as the President and owner of Appalachian Wood Pellets, Inc. Mr. Crites is a member of the Board of Directors of the National Hardwood Lumber Association, Appalachian Hardwood Manufacturers Association and member of the WVU Forestry Endowment Trust Committee. Mr. Crites is a member of the Young Presidents Organization and is a past member of the Board of Directors for the West Virginia Forestry Association. Mr. Crites is a member of the Strategic Planning Committee for the Grant County Board of Education and a member of the Strategic Review Committee for the WVU School of Forestry. Mr. Crites is a member of the Executive Committee, the Audit and Compliance Committee and the Asset/Liability and Funds Management Committee.

What is the salary of John Crites?

As the Independent Director of Summit Inc, the total compensation of John Crites at Summit Inc is $19,200. There are 14 executives at Summit Inc getting paid more, with H. Charles Maddy having the highest compensation of $1,140,710.



How old is John Crites?

John Crites is 50, he's been the Independent Director of Summit Inc since 1989. There are 24 older and 1 younger executives at Summit Inc. The oldest executive at Summit Financial Group Inc is Dewey Bensenhaver, 73, who is the Independent Director.

What's John Crites's mailing address?

John's mailing address filed with the SEC is PO BOX 867, , PETERSBURG, WV, 26847.

Insiders trading at Summit Inc

Over the last 21 years, insiders at Summit Inc have traded over $4,773,269 worth of Summit Inc stock and bought 227,671 units worth $6,377,691 . The most active insiders traders include Gary L Hinkle, Jeffrey E. Hott, and H Charles Iii Maddy. On average, Summit Inc executives and independent directors trade stock every 21 days with the average trade being worth of $74,556. The most recent stock trade was executed by Charles Piccirillo on 3 May 2024, trading 7,793 units of SMMF stock currently worth $200,280.



What does Summit Inc do?

summit financial group, inc. is a financial holding company which provides community banking and insurance services . summit’s community banking operations consist of 15 banking offices located in the eastern panhandle and south central regions of west virginia and in the shenandoah valley and northern regions of virginia. summit financial group inc.’s affiliate entities are: summit community bank, a state chartered community bank , and summit insurance services, llc, a full lines insurance agency.



What does Summit Inc's logo look like?

Summit Financial Group Inc logo

Complete history of Mr. Crites stock trades at Summit Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
13 Jun 2016 John W Ii Crites
Director
Buy 2,338 $16.97 $39,676
13 Jun 2016
52,221
13 Jun 2016 John W Ii Crites
Director
Buy 2,338 $16.97 $39,676
13 Jun 2016
52,221


Summit Inc executives and stock owners

Summit Inc executives and other stock owners filed with the SEC include: