The estimated Net Worth of J Christopher Pallotta is at least $3.28 Million dollars as of 1 December 2021. Mr. Pallotta owns over 205 units of MVB stock worth over $2,879,581 and over the last 21 years he sold MVBF stock worth over $262,491. In addition, he makes $134,600 as Independent Director at MVB.
J has made over 26 trades of the MVB stock since 2004, according to the Form 4 filled with the SEC. Most recently he sold 205 units of MVBF stock worth $8,426 on 1 December 2021.
The largest trade he's ever made was buying 16,000 units of MVB stock on 23 June 2005 worth over $256,000. On average, J trades about 1,652 units every 153 days since 2004. As of 1 December 2021 he still owns at least 146,469 units of MVB stock.
You can see the complete history of Mr. Pallotta stock trades at the bottom of the page.
J. Christopher Pallotta serves as Independent Director of the Company. Mr. Pallotta is Director and CEO of Bond Insurance Agency, Inc. and has been involved in the insurance and related securities businesses in the North Central West Virginia market area for more than 41 years. He is also the owner of other small businesses in the MVB market area. He is a lifelong resident of North Central West Virginia and is active in many community organizations. Mr. Pallotta is a graduate of Fairmont State University with a Bachelor of Science degree in Business Administration. Mr. Pallotta currently serves as Chair of MVB's ALCO, Loan Approval, and Loan Review Committees. He is a member of MVB's Finance Committee and IT Steering Committee and Director of the MVB Mortgage board of directors. He was previously nominated as a Director because, as a founding director of MVB, Mr. Pallotta has extensive historical knowledge of MVB, its operations and its market area. In addition, his experience and expertise in the areas of insurance and risk-related fields also serve as an asset for MVB.
As the Independent Director of MVB, the total compensation of J Pallotta at MVB is $134,600. There are 11 executives at MVB getting paid more, with Larry Mazza having the highest compensation of $1,813,960.
J Pallotta is 70, he's been the Independent Director of MVB since 1999. There are 1 older and 16 younger executives at MVB. The oldest executive at MVB Financial Corp. is J. Christopher Pallotta, 71, who is the Independent Director.
J's mailing address filed with the SEC is 8 BEL MANOR DR., , FAIRMONT, WV, 26554.
Over the last 21 years, insiders at MVB have traded over $125,371,867 worth of MVB stock and bought 482,131 units worth $43,174,837 . The most active insiders traders include Larry F Mazza, Donald T Robinson und Harry E Iii Dean. On average, MVB executives and independent directors trade stock every 25 days with the average trade being worth of $103,353. The most recent stock trade was executed by Cheryl Spielman on 1 June 2024, trading 4,313 units of MVBF stock currently worth $84,794.
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MVB executives and other stock owners filed with the SEC include: