The estimated Net Worth of Norman S Edelcup is at least $2.85 Million dollars as of 19 November 2021. Mr. Edelcup owns over 10,040 units of Professional stock worth over $2,512,462 and over the last 20 years he sold PFHD stock worth over $337,300. In addition, he makes $0 as Director at Professional.
Norman has made over 3 trades of the Professional stock since 2011, according to the Form 4 filled with the SEC. Most recently he exercised 10,040 units of PFHD stock worth $95,882 on 19 November 2021.
The largest trade he's ever made was exercising 10,040 units of Professional stock on 19 November 2021 worth over $95,882. On average, Norman trades about 644 units every 105 days since 2004. As of 19 November 2021 he still owns at least 87,695 units of Professional stock.
You can see the complete history of Mr. Edelcup stock trades at the bottom of the page.
Norman S. Edelcup serves as Director of the Company. He was a director of Marquis Bancorp, Inc. from its inception until its merger with the Company. Mr. Edelcup has been Chairman of the Sunny Isles Beach Foundation since January 2015 and currently serves as a director and member of the Audit Committee of Baron Mutual Funds. He served as the Mayor of the City off Sunny Isles Beach, Florida from 2003 to 2014, after serving as Vice Mayor from 2002 to 2003 and Commissioner in 2001. Mr. Edelcup has over 40 years of business experience, having worked in banks and bank service bureaus; as well as in the accounting, manufacturing, electric utility and real estate industries. Mr. Edelcup holds a Bachelor of Science and Bachelor of Business Administration in accounting from Northwestern University. Our Nominating and Corporate Governance Committee has advised our Board to waive the requirement that Mr. Edelcup not stand for election after the age of 72. Based on Mr. Edelcup’s business experience, financial institution board experience, and civic involvement the Nominating and Corporate Governance Committee believes that his appointment is in the best interest of the Company.
Norman Edelcup is 84, he's been the Director of Professional since 2020. There are no older and 14 younger executives at Professional.
Norman's mailing address filed with the SEC is 396 ALHAMBRA CIRCLE, SUITE 255, CORAL GABLES, FL, 33134.
Over the last 5 years, insiders at Professional have traded over $11,950,442 worth of Professional stock and bought 53,025 units worth $671,813 . The most active insiders traders include Anton Villars Schutz, Carlos M. Garcia, and Norman S Edelcup. On average, Professional executives and independent directors trade stock every 24 days with the average trade being worth of $768,622. The most recent stock trade was executed by Hillel Shohet on 15 November 2022, trading 9,078 units of PFHD stock currently worth $60,278.
Professional Holding Corp., operates primarily through its subsidiary, Professional Bank, provides banking products and services to small and medium sized businesses, other professionals, entrepreneurs, and high net worth individuals. Its deposit products include checking, savings, and money market accounts, as well as IRAs and certificates of deposit. The company's lending products comprise commercial loans, residential mortgage loans, home equity lines of credit, installment loans, and consumer lines of credit. It also offers online/digital and mobile banking services, as well as cash management services. January 29, 2021, it operated through a network of nine locations in the regional areas of Miami, Broward, and Palm Beach counties, as well as had a digital innovation center located in Cleveland, Ohio and a loan production office in New England. The company was founded in 2008 and is headquartered in Coral Gables, Florida.
Professional executives and other stock owners filed with the SEC include: