The estimated Net Worth of Dennis P Lockhart is at least $1.19 Million dollars as of 19 May 2022. Mr. Lockhart owns over 260,000 units of GWG Inc stock worth over $829,473 and over the last 7 years he sold GWGH stock worth over $225,496. In addition, he makes $139,805 as Independent Director at GWG Inc.
Dennis has made over 5 trades of the GWG Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he bought 260,000 units of GWGH stock worth $101,400 on 19 May 2022.
The largest trade he's ever made was buying 260,000 units of GWG Inc stock on 19 May 2022 worth over $101,400. On average, Dennis trades about 14,250 units every 53 days since 2017. As of 19 May 2022 he still owns at least 287,015 units of GWG Inc stock.
You can see the complete history of Mr. Lockhart stock trades at the bottom of the page.
Dennis P. Lockhart serves as Independent Director of the Company. Mr. Lockhart is currently a distinguished professor-of-the-practice in the Nunn School of International Affairs at Georgia Tech. Early in 2017, Mr. Lockhart retired from his position as president and Chief Executive Officer of the Federal Reserve Bank of Atlanta, a position he held since 2007. Earlier, he was a professor at Georgetown University, School of Foreign Service, from 2003 to 2007. Prior to this, he held senior positions at Heller Financial Inc. and Citicorp (now Citigroup), and served as an officer in the U.S. Marine Corps Reserve. Mr. Lockhart holds a Master of Arts from Johns Hopkins University, Bachelor of Arts from Stanford University, and an honorary doctorate from Georgia State University. Mr. Lockhart currently serves on the Board of Directors of Pensare Acquisition Corp. (WRLS) and Invesco Mortgage Capital.
As the Independent Director of GWG Inc, the total compensation of Dennis Lockhart at GWG Inc is $139,805. There are 10 executives at GWG Inc getting paid more, with Timothy L. Evans J.D. having the highest compensation of $4,327,411.
Dennis Lockhart is 73, he's been the Independent Director of GWG Inc since 2019. There are 3 older and 9 younger executives at GWG Inc. The oldest executive at GWG Holdings Inc is David De Weese, 77, who is the Director.
Dennis's mailing address filed with the SEC is 1331 SPRING STREET, NW, SUITE 2500, ATLANTA, GA, 30309.
Over the last 10 years, insiders at GWG Inc have traded over $0 worth of GWG Inc stock and bought 200,000 units worth $2,500,000 . The most active insiders traders include Thomas O Hicks, Dennis P Lockhart, and Shawn R Gensch. On average, GWG Inc executives and independent directors trade stock every 150 days with the average trade being worth of $127,781. The most recent stock trade was executed by Bruce William Schnitzer on 18 June 2020, trading 8,169 units of GWGH stock currently worth $23,608.
GWG Holdings, Inc. is an innovative financial services firm based in Dallas, Texas that is a leader in providing investments that are non-correlated to the traded markets, and unique liquidity solutions and services for the owners of illiquid investments. Through its subsidiaries, The Beneficient Company Group, L.P.and GWG Life, LLC,GWGH owns and manages a diverse portfolio of alternative assets that, as of September 30, 2020, included $1.9 billion in life insurance policy benefits, and exposure to a diversified and growing loan portfolio secured by 122 professionally managed alternative investment funds.
GWG Inc executives and other stock owners filed with the SEC include: