The estimated Net Worth of Pravin Pranav is at least $3.83 Million dollars as of 27 May 2021. Mr. Pranav owns over 1,498 units of First Choice Bancorp stock worth over $3,751,136 and over the last 5 years he sold FCBP stock worth over $0. In addition, he makes $81,908 as Independent Director at First Choice Bancorp.
Pravin has made over 7 trades of the First Choice Bancorp stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 1,498 units of FCBP stock worth $48,026 on 27 May 2021.
The largest trade he's ever made was buying 2,947 units of First Choice Bancorp stock on 3 September 2020 worth over $45,679. On average, Pravin trades about 1,493 units every 64 days since 2019. As of 27 May 2021 he still owns at least 128,905 units of First Choice Bancorp stock.
You can see the complete history of Mr. Pranav stock trades at the bottom of the page.
Pravin Pranav serves as Independent Director of the Company. Mr. Pranav is a founding member of First Choice Bank, having served as a Director since inception in August 2005, and as a Director of First Choice since inception in September 2017. Mr. Pranav has joined the board of California Lodging Industry Association in 2014 and currently serves as its President. Mr. Pranav was admitted as an Associate of the Institute of Chartered Accountants of England and Wales in 1978, a program which requires in-depth training, as well as successful completion of rigorous examinations in financial management, auditing, business strategy and taxation. He subsequently moved to Zambia, Africa, where he joined his family trading enterprise. Mr. Pranav came to the United States in 1988 and in 1992, he founded Abacus Payroll Services, having served as its President for almost 30 years.
As the Independent Director of First Choice Bancorp, the total compensation of Pravin Pranav at First Choice Bancorp is $81,908. There are 8 executives at First Choice Bancorp getting paid more, with Robert Franko having the highest compensation of $977,393.
Pravin Pranav is 67, he's been the Independent Director of First Choice Bancorp since 2017. There are 5 older and 4 younger executives at First Choice Bancorp. The oldest executive at First Choice Bancorp is Fred Jensen, 82, who is the Independent Director.
Pravin's mailing address filed with the SEC is 17785 CENTER COURT DRIVE, SUITE 750, CERRITOS, CA, 90703.
Over the last 5 years, insiders at First Choice Bancorp have traded over $409,384 worth of First Choice Bancorp stock and bought 117,782 units worth $2,375,727 . The most active insiders traders include Peter Hui, Lynn M Hopkins, and Pravin Pranav. On average, First Choice Bancorp executives and independent directors trade stock every 9 days with the average trade being worth of $64,457. The most recent stock trade was executed by Pravin Pranav on 27 May 2021, trading 1,498 units of FCBP stock currently worth $48,026.
First Choice Bancorp, headquartered in Cerritos, California, is the sole shareholder of and the registered bank holding company for, First Choice Bank. As of December 31, 2020, First Choice Bancorp had total consolidated assets of $2.28 billion. First Choice Bank, also headquartered in Cerritos, California, is a community-based financial institution that serves primarily commercial and consumer clients in diverse communities and specializes in loans to small- to medium-sized businesses and private banking clients, commercial and industrial loans, and commercial real estate loans. First Choice Bank is a Preferred Small Business Administration (SBA) Lender. First Choice Bank conducts business through eight full-service branches and two loan production offices located in Los Angeles, Orange and San Diego Counties. Founded in 2005, First Choice Bank has quickly become a leading provider of financial services that enable its customers to grow, maintain strength, and achieve their business objectives. The bank strives to surpass its clients' expectations through its efficiency, personalized services and financial solutions and professionalism and are committed to being 'First in Speed, Service, and Solutions.' First Choice Bank is a strong believer in social justice and equality and is proud of its cultural- and gender-diverse workforce. As of December 31, 2020, more than 74% of the Company's total workforce identified as ethnic minorities and more than 66% of its workforce and more than 50% of its senior management identified as female.
First Choice Bancorp executives and other stock owners filed with the SEC include: