Last updated: 25 February 2021 at 8:52pm EST

David McKown Net Worth




The estimated Net Worth of David D Mckown is at least $1.5 Million dollars as of 10 September 2018. Mr. Mckown owns over 1,235 units of Safety Insurance stock worth over $362,835 and over the last 20 years he sold SAFT stock worth over $986,157. In addition, he makes $155,050 as Independent Director at Safety Insurance.

Mr. McKown SAFT stock SEC Form 4 insiders trading

David has made over 6 trades of the Safety Insurance stock since 2006, according to the Form 4 filled with the SEC. Most recently he sold 1,235 units of SAFT stock worth $119,215 on 10 September 2018.

The largest trade he's ever made was exercising 6,000 units of Safety Insurance stock on 21 March 2006 worth over $72,000. On average, David trades about 1,000 units every 190 days since 2005. As of 10 September 2018 he still owns at least 4,500 units of Safety Insurance stock.

You can see the complete history of Mr. Mckown stock trades at the bottom of the page.





David McKown biography

David K. McKown serves as Independent Director of the Company. Mr. McKown has been a Senior Advisor to Eaton Vance Management since 2000, focusing on business origination in real estate and asset-based loans. Mr. McKown retired in March 2000 having served as a Group Executive with BankBoston since 1993, where he focused on acquisitions and high-yield bank debt financings. Mr. McKown has been in the banking industry for 52 years, worked for BankBoston for over 32 years and had previously been the head of BankBoston’s real estate department, corporate finance department, and a managing director of BankBoston’s private equity unit. Mr. McKown is currently a director of Global Partners L.P. and various privately held companies. Mr. McKown is also a former director of Newcastle Investment Corp.

What is the salary of David McKown?

As the Independent Director of Safety Insurance, the total compensation of David McKown at Safety Insurance is $155,050. There are 13 executives at Safety Insurance getting paid more, with George Murphy having the highest compensation of $3,319,660.



How old is David McKown?

David McKown is 82, he's been the Independent Director of Safety Insurance since 2002. There are no older and 18 younger executives at Safety Insurance.

Insiders trading at Safety Insurance

Over the last 21 years, insiders at Safety Insurance have traded over $55,320,058 worth of Safety Insurance stock and bought 311,791 units worth $22,049,824 . The most active insiders traders include A Richard Jr Caputo, David F Brussard, and Corp Plymouth Rock Co Inc Srb. On average, Safety Insurance executives and independent directors trade stock every 27 days with the average trade being worth of $619,238. The most recent stock trade was executed by Glenn Hiltpold on 6 September 2024, trading 389 units of SAFT stock currently worth $32,835.



What does Safety Insurance do?

"the key to our success: service."​ "the key to our customers'​ success: safety."​ safety insurance was founded in 1979 with a belief that we would succeed as a company if customers were given the best possible service. as we've grown and expanded our product line to include a full range of property and casualty insurance products, staying committed to that belief has meant even more. at safety, we distribute our products exclusively through independent agents and we do everything in our power to make it easy for our agents and policyholders to do business with us. today, safety is the third largest private passenger automobile carrier, the third largest commercial automobile carrier, and the seventh largest homeowners carrier in massachusetts. we also have a growing presence in the new hampshire marketplace with personal and business products. together with our agents and partners, safety insurance remains a preferred provider of auto, homeowner and business insurance. we will continu



What does Safety Insurance's logo look like?

Safety Insurance Group, Inc. logo

Complete history of Mr. Mckown stock trades at Safety Insurance

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
10 Sep 2018 David D Mckown
Director
Sale 1,235 $96.53 $119,215
10 Sep 2018
4,500
6 Sep 2018 David D Mckown
Director
Sale 3,765 $98.67 $371,493
6 Sep 2018
5,735
18 Aug 2015 David D Mckown
Director
Sale 4,500 $55.05 $247,725
18 Aug 2015
6,500
18 Aug 2015 David D Mckown
Director
Sale 4,500 $55.05 $247,725
18 Aug 2015
6,500
8 Sep 2010 David D Mckown
Director
Option 4,000 $12.00 $48,000
8 Sep 2010
10,000
21 Mar 2006 David D Mckown
Director
Option 6,000 $12.00 $72,000
21 Mar 2006
8,000


Safety Insurance executives and stock owners

Safety Insurance executives and other stock owners filed with the SEC include: