The estimated Net Worth of Michael Larocco is at least $15.8 Million dollars as of 23 November 2021. Mr. Larocco owns over 22,786 units of State Auto stock worth over $10,799,512 and over the last 10 years he sold STFC stock worth over $0. In addition, he makes $5,042,970 as Chairman of the Board, President, and Chief Executive Officer at State Auto.
Michael has made over 19 trades of the State Auto stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 22,786 units of STFC stock worth $500,608 on 23 November 2021.
The largest trade he's ever made was exercising 22,786 units of State Auto stock on 23 November 2021 worth over $500,608. On average, Michael trades about 3,924 units every 75 days since 2015. As of 23 November 2021 he still owns at least 207,643 units of State Auto stock.
You can see the complete history of Mr. Larocco stock trades at the bottom of the page.
Michael E. LaRocco is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. LaRocco has been a director and President and Chief Executive Officer of the Company since May 2015 and Chairman of the Company since January 2016. Mr. LaRocco has also served as President and Chief Executive Officer of State Auto P&C, Milbank and SAOH, each a wholly owned subsidiary of the Company, since May 2015, and as Chairman of State Auto P&C, Milbank and SAOH since January 2016. Mr. LaRocco has served as President, Chief Executive Officer and a director of State Auto Mutual since May 2015. Prior to joining the State Auto Group, Mr. LaRocco was with Business Insurance Direct, LLC ("BID"), an online seller of general liability and property insurance to small businesses, from December 2011 until April 2015. From January 2013 to July 2014, he was Chief Executive Officer of AssureStart Insurance Agency LLC ("AssureStart"), an online seller of general liability and property insurance to small businesses. BID had owned a minority interest in AssureStart until selling its interest to the majority owner of AssureStart in December 2014. Mr. LaRocco served as President and Chief Executive Officer of Fireman's Fund Insurance Company, a property and casualty insurance company, from March 2008 to July 2011. Previously, he was an executive for Safeco Insurance Companies, which are property and casualty insurance companies, from July 2001 to July 2006.
As the Chairman of the Board, President, and Chief Executive Officer of State Auto, the total compensation of Michael LaRocco at State Auto is $5,042,970. There are no executives at State Auto getting paid more.
Michael LaRocco is 63, he's been the Chairman of the Board, President, and Chief Executive Officer of State Auto since 2015. There are 7 older and 17 younger executives at State Auto. The oldest executive at State Auto Financial Corp. is David Meuse, 74, who is the Lead Independent Director.
Michael's mailing address filed with the SEC is 518 EAST BROAD ST., , COLUMBUS, OH, 43215.
Over the last 21 years, insiders at State Auto have traded over $13,386,313 worth of State Auto stock and bought 971,881 units worth $22,203,501 . The most active insiders traders include Automobile Mutual Insurance..., Kim Burton Garland, and Steven J Johnston. On average, State Auto executives and independent directors trade stock every 14 days with the average trade being worth of $313,048. The most recent stock trade was executed by Kim Burton Garland on 13 December 2021, trading 65,371 units of STFC stock currently worth $3,367,260.
State Auto Financial Corporation, headquartered in Columbus, Ohio, is a super regional property and casualty insurance holding company. STFC stock is traded on the NASDAQ Global Select Market, which represents the top fourth of all NASDAQ listed companies.
State Auto executives and other stock owners filed with the SEC include: