The estimated Net Worth of H Charles Iii Maddy is at least $2.69 Million dollars as of 29 July 2019. Mr. Maddy owns over 8,561 units of Summit Inc stock worth over $1,064,288 and over the last 21 years he sold SMMF stock worth over $486,325. In addition, he makes $1,140,710 as President, Chief Executive Officer und Director at Summit Inc.
H has made over 20 trades of the Summit Inc stock since 2011, according to the Form 4 filled with the SEC. Most recently he sold 8,561 units of SMMF stock worth $232,003 on 29 July 2019.
The largest trade he's ever made was exercising 13,940 units of Summit Inc stock on 6 December 2017 worth over $167,419. On average, H trades about 900 units every 42 days since 2003. As of 29 July 2019 he still owns at least 41,412 units of Summit Inc stock.
You can see the complete history of Mr. Maddy stock trades at the bottom of the page.
H. Charles Maddy III serves as President, Chief Executive Officer, Director of the Company. He has served as a member of the Board of Directors since 1993 and has served as a member of the Board of Directors of Summit’s banking subsidiary, Summit Community Bank, since 1993. Mr. Maddy is currently the President and Chief Executive Officer of the Company, and has served in this capacity since 1994. Mr. Maddy has demonstrated exceptional leadership through his participation in a variety of professional and community service activities, including his service as Director and past President of the West Virginia Bankers’ Association, chairman of its Audit Committee and member of its Legislative/Government Relations Committee, Pension & Benefits Committee and BankPAC Committee; member of American Bankers Association and serves on its Federal Home Loan Bank Administrative Committee; Director and a Founder of the Hardy County Child Care Center; Director of Valley View Golf Association; serves on the Board of Trustees of the Eastern West Virginia Community and Technical College Foundation; a past Director and Vice-Chairman of the Federal Home Loan Bank of Pittsburgh and past Chairman of its Audit Committee; past President and past Director of the West Virginia Association of Community Bankers and past Director of the Hardy County Community Foundation. Mr. Maddy has also been recognized as a leader in his industry and has been the recipient of the Outstanding CPA in Business and Industry Award and the AICPA Business and Industry Hall of Fame Award. Mr. Maddy received his bachelor degree in business administration with a concentration in accounting from Concord College. Mr. Maddy is a member of the Executive Committee, the Asset/Liability and Funds Management Committee and the ESOP/401(K) Committee.
As the President, Chief Executive Officer und Director of Summit Inc, the total compensation of H Maddy at Summit Inc is $1,140,710. There are no executives at Summit Inc getting paid more.
H Maddy is 57, he's been the President, Chief Executive Officer und Director of Summit Inc since 2013. There are 17 older and 8 younger executives at Summit Inc. The oldest executive at Summit Financial Group Inc is Dewey Bensenhaver, 73, who is the Independent Director.
H's mailing address filed with the SEC is 300 NORTH MAIN STREET, , MOOREFIELD, WV, 26836.
Over the last 22 years, insiders at Summit Inc have traded over $4,773,269 worth of Summit Inc stock and bought 227,671 units worth $6,377,691 . The most active insiders traders include Gary L Hinkle, Jeffrey E. Hott und H Charles Iii Maddy. On average, Summit Inc executives and independent directors trade stock every 21 days with the average trade being worth of $74,556. The most recent stock trade was executed by Charles Piccirillo on 3 May 2024, trading 7,793 units of SMMF stock currently worth $200,280.
summit financial group, inc. is a financial holding company which provides community banking and insurance services . summit’s community banking operations consist of 15 banking offices located in the eastern panhandle and south central regions of west virginia and in the shenandoah valley and northern regions of virginia. summit financial group inc.’s affiliate entities are: summit community bank, a state chartered community bank , and summit insurance services, llc, a full lines insurance agency.
Summit Inc executives and other stock owners filed with the SEC include: