Last updated: 23 August 2024 at 5:00pm EST

Stewart Paperin Net Worth




The estimated Net Worth of Stewart J Paperin is at least $855 Thousand dollars as of 22 August 2024. Mr. Paperin owns over 520 units of ARMOUR Residential REIT Inc stock worth over $491,422 and over the last 15 years he sold ARR stock worth over $0. In addition, he makes $363,592 as Independent Director at ARMOUR Residential REIT Inc.

Mr. Paperin ARR stock SEC Form 4 insiders trading

Stewart has made over 26 trades of the ARMOUR Residential REIT Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 520 units of ARR stock worth $10,707 on 22 August 2024.

The largest trade he's ever made was exercising 2,950 units of ARMOUR Residential REIT Inc stock on 23 November 2021 worth over $60,741. On average, Stewart trades about 485 units every 26 days since 2009. As of 22 August 2024 he still owns at least 23,867 units of ARMOUR Residential REIT Inc stock.

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





Stewart Paperin biography

Stewart J. Paperin is Independent Director of the Company. has been a director of ARMOUR since November 2009. Mr. Paperin served as a member of Enterprise’s Board of Directors from its inception in July 2007 to its merger with ARMOUR in November 2009. Mr. Paperin was also a director of JAVELIN from June 2012 until the Merger in April 2016. Mr. Paperin currently serves as the managing member of Leopard Rock Property Group and Lion Rock Partners LLC, real property development and investment firms located in Los Angeles and San Diego, California, respectively. Mr. Paperin also served as a director of the Board of Directors of Thunder Bridge Acquisition, Ltd., a blank check company formed to acquire an operating business in the financial technology industry, until its acquisition of Hawk Parent Holdings LLC in July 2019, a full-service provider of electronic transaction processing services. Mr. Paperin served as a financial officer of Pepsico Corporation (NYSE: PEP) from 1980 to 1985 and as a management consultant at Cresap McCormick & Paget from 1975 to 1980. Mr. Paperin also served as a member of the Board of Directors of Community Bankers Acquisition Corp., a blank check company formed to acquire an operating business in the banking industry. Mr. Paperin holds a B.A. degree and an M.S. degree from the State University of New York at Binghamton. He is a member of the Council on Foreign Relations and was awarded an honorary Doctor of Humane Letters by the State University of New York.

What is the salary of Stewart Paperin?

As the Independent Director of ARMOUR Residential REIT Inc, the total compensation of Stewart Paperin at ARMOUR Residential REIT Inc is $363,592. There are 4 executives at ARMOUR Residential REIT Inc getting paid more, with Jeffrey Zimmer having the highest compensation of $793,000.



How old is Stewart Paperin?

Stewart Paperin is 72, he's been the Independent Director of ARMOUR Residential REIT Inc since 2009. There are no older and 18 younger executives at ARMOUR Residential REIT Inc.

What's Stewart Paperin's mailing address?

Stewart's mailing address filed with the SEC is 3001 OCEAN DRIVE, SUITE #201, VERO BEACH, FL, 32963.

Insiders trading at ARMOUR Residential REIT Inc

Over the last 15 years, insiders at ARMOUR Residential REIT Inc have traded over $10,915,847 worth of ARMOUR Residential REIT Inc stock and bought 1,781,484 units worth $16,414,436 . The most active insiders traders include Marc H Bell, Jeffrey J Zimmer, and Scott Ulm. On average, ARMOUR Residential REIT Inc executives and independent directors trade stock every 12 days with the average trade being worth of $251,980. The most recent stock trade was executed by Gordon Harper on 22 August 2024, trading 2,100 units of ARR stock currently worth $43,239.



What does ARMOUR Residential REIT Inc do?

ARMOUR Residential REIT, Inc. (NYSE: ARR) is a Maryland corporation incorporated in 2008. ARMOUR and its subsidiaries are managed by ARMOUR Capital Management LP, an investment advisor registered with the SEC. We invest primarily in residential mortgage backed securities issued or guaranteed by a United States Government-sponsored entity, such as the Federal National Mortgage Association (Fannie Mae), the Federal Home Loan Mortgage Corporation (Freddie Mac) or guaranteed by the Government National Mortgage Administration (Ginnie Mae) (collectively, “Agency Securities”). Our Agency Securities consist primarily of fixed rate loans. The remaining are either backed by hybrid adjustable rate or adjustable rate loans. From time to time we may also invest in Interest-Only Securities, U.S. Treasury Securities and money market instruments.



What does ARMOUR Residential REIT Inc's logo look like?

ARMOUR Residential REIT Inc logo

Complete history of Mr. Paperin stock trades at ARMOUR Residential REIT Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
22 Aug 2024 Stewart J Paperin
Director
Option 520 $20.01 $10,405
22 Aug 2024
23,867
22 May 2024 Stewart J Paperin
Director
Option 520 $19.00 $9,880
22 May 2024
22,496
21 Nov 2023 Stewart J Paperin
Director
Option 540 $17.40 $9,396
21 Nov 2023
19,768
22 Aug 2023 Stewart J Paperin
Director
Option 2,600 $23.30 $60,580
22 Aug 2023
92,261
23 May 2023 Stewart J Paperin
Director
Option 2,600 $24.20 $62,920
23 May 2023
86,566
21 Feb 2023 Stewart J Paperin
Director
Option 2,600 $28.15 $73,190
21 Feb 2023
80,824
22 Nov 2022 Stewart J Paperin
Director
Option 700 $28.45 $19,915
22 Nov 2022
75,294
23 Aug 2022 Stewart J Paperin
Director
Option 600 $36.30 $21,780
23 Aug 2022
71,206
23 May 2022 Stewart J Paperin
Director
Option 600 $37.25 $22,350
23 May 2022
68,263
23 Feb 2022 Stewart J Paperin
Director
Option 600 $40.00 $24,000
23 Feb 2022
65,699
23 Nov 2021 Stewart J Paperin
Director
Option 2,950 $50.40 $148,680
23 Nov 2021
63,418
24 Aug 2021 Stewart J Paperin
Director
Option 2,850 $53.85 $153,473
24 Aug 2021
58,938
24 May 2021 Stewart J Paperin
Director
Option 2,850 $59.90 $170,715
24 May 2021
54,644
25 Feb 2021 Stewart J Paperin
Director
Option 2,850 $60.05 $171,143
25 Feb 2021
50,442
23 Nov 2020 Stewart J Paperin
Director
Option 2,250 $53.70 $120,825
23 Nov 2020
46,063
24 Aug 2020 Stewart J Paperin
Director
Option 2,250 $49.00 $110,250
24 Aug 2020
42,078
22 May 2020 Stewart J Paperin
Director
Option 2,250 $40.05 $90,113
22 May 2020
38,071
21 Feb 2020 Stewart J Paperin
Director
Option 2,250 $102.90 $231,525
21 Feb 2020
33,949
21 Nov 2019 Stewart J Paperin
Director
Option 1,600 $84.90 $135,840
21 Nov 2019
30,776
21 Aug 2019 Stewart J Paperin
Director
Option 1,600 $84.65 $135,440
21 Aug 2019
28,191
21 May 2019 Stewart J Paperin
Director
Option 1,500 $90.45 $135,675
21 May 2019
25,706
21 Feb 2019 Stewart J Paperin
Director
Option 1,500 $101.65 $152,475
21 Feb 2019
23,362
21 Nov 2018 Stewart J Paperin
Director
Option 1,500 $109.20 $163,800
21 Nov 2018
21,058
22 Aug 2018 Stewart J Paperin
Director
Option 1,500 $118.90 $178,350
22 Aug 2018
18,824
22 May 2018 Stewart J Paperin
Director
Option 1,500 $114.20 $171,300
22 May 2018
16,601
22 Feb 2018 Stewart J Paperin
Director
Option 1,500 $112.45 $168,675
22 Feb 2018
14,393


ARMOUR Residential REIT Inc executives and stock owners

ARMOUR Residential REIT Inc executives and other stock owners filed with the SEC include: