Last updated: 5 August 2024 at 12:48pm EST

Joseph Ferraro Net Worth




The estimated Net Worth of Joseph Anthony Ferraro is at least $1.21 Million dollars as of 2 August 2024. Mr. Ferraro owns over 608 units of HC2 Inc stock worth over $89,376 and over the last 7 years he sold HCHC stock worth over $319,310. In addition, he makes $806,000 as Chief Legal Officer and Corporate Secretary at HC2 Inc.

Mr. Ferraro HCHC stock SEC Form 4 insiders trading

Joseph has made over 5 trades of the HC2 Inc stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 608 units of HCHC stock worth $36,225 on 2 August 2024.

The largest trade he's ever made was selling 67,650 units of HC2 Inc stock on 20 November 2020 worth over $163,037. On average, Joseph trades about 7,645 units every 131 days since 2017. As of 2 August 2024 he still owns at least 24,287 units of HC2 Inc stock.

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





Joseph Ferraro biography

Joseph A. Ferraro serves as Chief Legal Officer and Corporate Secretary of the Company. Ferraro has been Chief Legal Officer and Corporate Secretary of HC2 since September 2017 and is an officer of several of HC2’s subsidiaries. Mr. Ferraro brings to HC2 over 17 years of extensive experience building and managing legal and compliance departments for permanent capital vehicles (including registered investment companies, such as business development companies (“BDCs”) and closed-end funds), registered investment advisers, private equity funds and other pooled investment vehicles. He is responsible for all legal matters at HC2, encompassing mergers and acquisitions, securities, commercial, employment, corporate governance, regulatory and other activities. Prior to joining HC2, for nearly nine years Mr. Ferraro was the General Counsel of Prospect Administration LLC, the administrator for Prospect Capital Corporation (NASDAQ: PSEC, together with its affiliates, “Prospect”), a BDC. Mr. Ferraro also served as Assistant Secretary of PSEC and Deputy Chief Compliance Officer of Prospect Capital Management, L.P., and advised multiple Prospect-affiliated registered investment companies, registered investment advisers and funds. At Prospect, Mr. Ferraro was responsible for legal matters across all Prospect entities and investment funds. Together with other industry general counsel, Mr. Ferraro also promoted, and provided Congressional testimony in support of, legislation to modernize the BDC provisions of the Investment Company Act of 1940, which became law in March 2018. Before joining Prospect, Mr. Ferraro was a corporate associate at the law firms of Boies, Schiller & Flexner LLP and Sullivan & Cromwell LLP. Mr. Ferraro graduated cum laude from Princeton University with an A.B. from The Woodrow Wilson School of Public and International Affairs, and graduated with honors from The Law School at The University of Chicago, where he served on the University of Chicago Law Review as a Staff Member and Managing Editor.

What is the salary of Joseph Ferraro?

As the Chief Legal Officer and Corporate Secretary of HC2 Inc, the total compensation of Joseph Ferraro at HC2 Inc is $806,000. There are 1 executives at HC2 Inc getting paid more, with Suzi Herbst having the highest compensation of $993,500.



How old is Joseph Ferraro?

Joseph Ferraro is 42, he's been the Chief Legal Officer and Corporate Secretary of HC2 Inc since 2017. There are 7 older and no younger executives at HC2 Inc. The oldest executive at HC2 Holdings Inc is Warren Gfeller, 67, who is the Interim Non-Executive Chairman of the Board.

What's Joseph Ferraro's mailing address?

Joseph's mailing address filed with the SEC is C/O CATALENT, INC., 14 SCHOOLHOUSE ROAD, SOMERSET, NJ, 08873.

Insiders trading at HC2 Inc

Over the last 11 years, insiders at HC2 Inc have traded over $52,182,244 worth of HC2 Inc stock and bought 8,728,589 units worth $33,752,065 . The most active insiders traders include Group Inc. Harbinger, Avram A Glazer, and Philip Falcone. On average, HC2 Inc executives and independent directors trade stock every 47 days with the average trade being worth of $1,155,089. The most recent stock trade was executed by Wayne Jr Barr on 9 August 2021, trading 2,500 units of HCHC stock currently worth $9,650.



What does HC2 Inc do?

HC2 Holdings, Inc.has a class-leading portfolio of assets primarily in Infrastructure, Life Sciences, Spectrum and Insurance. HC2 is headquartered in New York, New York and through its subsidiaries employs more than 2,800 people.



What does HC2 Inc's logo look like?

HC2 Holdings Inc logo

Complete history of Mr. Ferraro stock trades at Catalent and HC2 Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
2 Aug 2024 Joseph Anthony Ferraro
SVP, General Counsel, and CCO
Sale 608 $59.58 $36,225
2 Aug 2024
24,287
15 Mar 2021 Joseph Anthony Ferraro
Chief Legal Officer and Corp Sec
Sale 669 $3.66 $2,449
15 Mar 2021
287,628
20 Nov 2020 Joseph Anthony Ferraro
Chief Legal Officer and Corp Sec
Sale 67,650 $2.41 $163,037
20 Nov 2020
222,297
2 Jun 2020 Joseph Anthony Ferraro
Chief Legal Officer and Corp Sec
Sale 40,000 $2.94 $117,600
2 Jun 2020
89,827
15 Mar 2019 Joseph Anthony Ferraro
Chief Legal Officer and Corp Sec
Buy 5,750 $2.62 $15,065
15 Mar 2019
167,293


HC2 Inc executives and stock owners

HC2 Inc executives and other stock owners filed with the SEC include: