The estimated Net Worth of David Trick is at least $3.85 Million dollars as of 7 August 2024. Mr. Trick owns over 3,700 units of AMBAC stock worth over $1,663,834 and over the last 12 years he sold AMBC stock worth over $0. In addition, he makes $2,188,620 as Chief Financial Officer, Executive Vice President, and Treasurer at AMBAC.
David has made over 45 trades of the AMBAC stock since 2013, according to the Form 4 filled with the SEC. Most recently he bought 3,700 units of AMBC stock worth $39,812 on 7 August 2024.
The largest trade he's ever made was exercising 47,535 units of AMBAC stock on 22 February 2023 worth over $506,723. On average, David trades about 4,626 units every 62 days since 2013. As of 7 August 2024 he still owns at least 156,082 units of AMBAC stock.
You can see the complete history of Mr. Trick stock trades at the bottom of the page.
David Trick serves as Chief Financial Officer, Executive Vice President, Treasurer of the Company. He has served as Chief Financial Officer of Ambac since January 2010 and as a Senior Managing Director from January 2010 until his appointment as Executive Vice President. Mr. Trick was interim President and Chief Executive Officer of AAC from January 2015 until March 2016. As Chief Financial Officer, Mr. Trick has executive responsibility for managing Ambac’s financial affairs, including financial reporting, asset and liability management, investment management, financial planning, tax strategy, capital resources, operations, capital markets and liquidity. In addition, since May 2006, he has served as Treasurer of Ambac and AAC. Since September 2015, Mr. Trick has served as an Executive Director of Ambac Assurance UK Limited. Mr. Trick joined Ambac in 2005 from The Bank of New York Mellon, where he was a senior banker responsible for delivering strategic solutions to insurance industry clients, including those in the financial guaranty industry, with regard to a broad range of treasury, credit, and capital markets products.
As the Chief Financial Officer, Executive Vice President, and Treasurer of AMBAC, the total compensation of David Trick at AMBAC is $2,188,620. There are 2 executives at AMBAC getting paid more, with Claude LeBlanc having the highest compensation of $5,588,240.
David Trick is 48, he's been the Chief Financial Officer, Executive Vice President, and Treasurer of AMBAC since 2016. There are 18 older and no younger executives at AMBAC. The oldest executive at AMBAC Financial Group Inc. is Claude Prieur, 69, who is the Independent Director.
David's mailing address filed with the SEC is AMBAC FINANCIAL GROUP, INC., ONE WORLD TRADE CENTER, 41ST FLOOR, NEW YORK, NY, 10007.
Over the last 2001 years, insiders at AMBAC have traded over $0 worth of AMBAC stock and bought 620,503 units worth $8,494,882 . The most active insiders traders include Claude Le Blanc, Tavakoli Nader, and C James Prieur. On average, AMBAC executives and independent directors trade stock every 3430 days with the average trade being worth of $117,111. The most recent stock trade was executed by R Sharon Smith on 8 August 2024, trading 1,100 units of AMBC stock currently worth $11,704.
ambac financial group, inc. (“ambac”), headquartered in new york city, is a holding company whose subsidiaries, including its principal operating subsidiary, ambac assurance corporation (“ambac assurance”), everspan financial guarantee corporation, and ambac assurance uk limited, provided financial guarantees and other financial services to clients in both the public and private sectors globally. ambac assurance, including the segregated account of ambac assurance (in rehabilitation), is a guarantor of public finance and structured finance obligations. ambac is also exploring opportunities involving the development or acquisition of new financial services businesses. ambac’s common stock trades on the nasdaq global select market (nasdaq: ambc)
AMBAC executives and other stock owners filed with the SEC include: