The estimated Net Worth of Joseph F Mazzella is at least $35.7 Milione dollars as of 14 August 2024. Mr. Mazzella owns over 11,396 units of PennyMac Services stock worth over $11,312,247 and over the last 8 years he sold PFSI stock worth over $24,166,783. In addition, he makes $201,250 as Independent Director at PennyMac Services.
Joseph has made over 21 trades of the PennyMac Services stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 11,396 units of PFSI stock worth $1,115,896 on 14 August 2024.
The largest trade he's ever made was selling 75,000 units of PennyMac Services stock on 19 November 2019 worth over $2,528,250. On average, Joseph trades about 8,164 units every 29 days since 2017. As of 14 August 2024 he still owns at least 105,446 units of PennyMac Services stock.
You can see the complete history of Mr. Mazzella stock trades at the bottom of the page.
Joseph F. Mazzella serves as Independent Director of the Company. Mr. Mazzella has been a member of our Board since our formation in December 2012. Mr. Mazzella retired in March 2017 after serving as the managing director and the general counsel of Highfields, which he joined in 2002. Prior to joining Highfields, Mr. Mazzella was a partner at the law firm of Nutter, McClennen & Fish, L.L.P., in Boston, Massachusetts. Prior to private practice, he was an attorney at the Securities and Exchange Commission from 1978 to 1980, and previously served as a law clerk in the Superior Court of the District of Columbia. Mr. Mazzella has served on multiple public company boards of directors, including Alliant Techsystems, Inc. and Data Transmission Networks Corporation, and he served as chairman of the board of Insurance Auto Auctions, Inc. Mr. Mazzella received a BA from City College of New York and a JD from Rutgers University School of Law.
As the Independent Director of PennyMac Services, the total compensation of Joseph Mazzella at PennyMac Services is $201,250. There are 14 executives at PennyMac Services getting paid more, with Stanford Kurland having the highest compensation of $15,070,800.
Joseph Mazzella is 67, he's been the Independent Director of PennyMac Services since 2012. There are 1 older and 20 younger executives at PennyMac Services. The oldest executive at PennyMac Financial Services Inc. is Emily Youssouf, 68, who is the Independent Director.
Joseph's mailing address filed with the SEC is C/O PENNYMAC FINANCIAL SERVICES, INC., 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE, CA, 91361.
Over the last 8 years, insiders at PennyMac Services have traded over $295,620,430 worth of PennyMac Services stock and bought 9,105,225 units worth $557,959,300 . The most active insiders traders include Farhad Nanji, Partners, Lpmfn Partners Gp... e Stanford L Kurland. On average, PennyMac Services executives and independent directors trade stock every 5 days with the average trade being worth of $3,634,646. The most recent stock trade was executed by James K Hunt on 27 August 2024, trading 10,000 units of PFSI stock currently worth $1,024,200.
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PennyMac Services executives and other stock owners filed with the SEC include: