The estimated Net Worth of Christopher Lutes is at least $2.92 Million dollars as of 15 February 2023. Mr. Lutes owns over 29,380 units of Elevate Credit Inc stock worth over $1,241,227 and over the last 8 years he sold ELVT stock worth over $0. In addition, he makes $1,680,850 as Chief Financial Officer at Elevate Credit Inc.
Christopher has made over 19 trades of the Elevate Credit Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 29,380 units of ELVT stock worth $54,941 on 15 February 2023.
The largest trade he's ever made was exercising 125,000 units of Elevate Credit Inc stock on 29 December 2020 worth over $266,250. On average, Christopher trades about 22,259 units every 58 days since 2017. As of 15 February 2023 he still owns at least 663,758 units of Elevate Credit Inc stock.
You can see the complete history of Mr. Lutes stock trades at the bottom of the page.
Christopher T. Lutes CPA serves as Chief Financial Officer of the Company. Mr. Lutes has served as our Chief Financial Officer since January 2015, and served as the Chief Financial Officer of TFI from 2007 to 2014. Prior to joining TFI, Mr. Lutes was the Chief Financial Officer for Silicon Valley Bank from 1998 to 2001, as well as several other companies. Mr. Lutes began his career in public accounting with Coopers & Lybrand. He has a BS in Accounting from Arizona State University and is a Certified Public Accountant in the State of Arizona.
As the Chief Financial Officer of Elevate Credit Inc, the total compensation of Christopher Lutes at Elevate Credit Inc is $1,680,850. There are 2 executives at Elevate Credit Inc getting paid more, with Jason Harvison having the highest compensation of $2,713,090.
Christopher Lutes is 52, he's been the Chief Financial Officer of Elevate Credit Inc since 2015. There are 11 older and 6 younger executives at Elevate Credit Inc. The oldest executive at Elevate Credit Inc is Stephen Shaper, 83, who is the Independent Director.
Over the last 8 years, insiders at Elevate Credit Inc have traded over $56,197,909 worth of Elevate Credit Inc stock and bought 295,331 units worth $1,647,479 . The most active insiders traders include Tyler W. K. Head, Management Llcsc Ix.I Manag..., and Iii Management Llcsequoia C.... On average, Elevate Credit Inc executives and independent directors trade stock every 7 days with the average trade being worth of $118,476. The most recent stock trade was executed by Chad Bradford on 15 February 2023, trading 4,006 units of ELVT stock currently worth $7,491.
Elevate, together with the banks that license its marketing and technology services, has originated $8.6 billion in non-prime credit to more than 2.5 million non-prime consumers to date and has saved its customers more than $7.6 billion versus the cost of payday loans. Its responsible, tech-enabled online credit solutions provide immediate relief to customers today and help them build a brighter financial future. The company is committed to rewarding borrowers' good financial behavior with features like interest rates that can go down over time, free financial training and free credit monitoring. Elevate's suite of groundbreaking credit brands includes RISE, Elastic and Today Card.
Elevate Credit Inc executives and other stock owners filed with the SEC include: