Last updated: 22 November 2023 at 4:00pm EST

Robert McCormick Net Worth




The estimated Net Worth of Robert J Mccormick is at least $11.9 Million dollars as of 16 November 2023. Mr. Mccormick owns over 6,524 units of Trustco Bank stock worth over $8,816,997 and over the last 22 years he sold TRST stock worth over $0. In addition, he makes $3,036,180 as President, Director, and Chief Executive Officer of TrustCo and TrustCo Bank at Trustco Bank.

Mr. McCormick TRST stock SEC Form 4 insiders trading

Robert has made over 52 trades of the Trustco Bank stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 6,524 units of TRST stock worth $211,639 on 16 November 2023.

The largest trade he's ever made was exercising 308,700 units of Trustco Bank stock on 31 October 2008 worth over $3,321,612. On average, Robert trades about 14,542 units every 84 days since 2003. As of 16 November 2023 he still owns at least 271,794 units of Trustco Bank stock.

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





Robert McCormick biography

Robert J. McCormick serves as President, Director, Chief Executive Officer of TrustCo and TrustCo Bank. He was President, Director, Chief Executive Officer of TrustCo and TrustCo Bank. He serves as Chairman, President and Chief Executive Officer of TrustCo from January 2009 to December 2010, President and Chief Executive Officer of TrustCo since January 2004, Executive Officer of TrustCo since 2001 and President and Chief Executive Officer of Trustco Bank since November 2002. Chairman of TrustCo and Trustco Bank from November 2008 to December 2010. Director of TrustCo and Trustco Bank since 2005. Robert J. McCormick is the son of Robert A. McCormick. Joined Trustco Bank in 1995.

What is the salary of Robert McCormick?

As the President, Director, and Chief Executive Officer of TrustCo and TrustCo Bank of Trustco Bank, the total compensation of Robert McCormick at Trustco Bank is $3,036,180. There are no executives at Trustco Bank getting paid more.



How old is Robert McCormick?

Robert McCormick is 56, he's been the President, Director, and Chief Executive Officer of TrustCo and TrustCo Bank of Trustco Bank since 2014. There are 8 older and 9 younger executives at Trustco Bank. The oldest executive at Trustco Bank Corp. is William Powers, 78, who is the Independent Director.

What's Robert McCormick's mailing address?

Robert's mailing address filed with the SEC is C/O TRUSTCO BANK CORP NY, 5 SARNOWSKI DRIVE, GLENVILLE, NY, 12302.

Insiders trading at Trustco Bank

Over the last 22 years, insiders at Trustco Bank have traded over $20,239,594 worth of Trustco Bank stock and bought 1,662,616 units worth $13,497,787 . The most active insiders traders include Robert A Mccormick, Robert T Cushing, and Robert J Mccormick. On average, Trustco Bank executives and independent directors trade stock every 14 days with the average trade being worth of $443,293. The most recent stock trade was executed by Kevin M Curley on 4 June 2024, trading 551 units of TRST stock currently worth $14,993.



What does Trustco Bank do?

trustco bank has been the low cost provider of high quality products and services since opening for business in 1902 in the upstate town of schenectady, new york. throughout this time trustco bank has remained true to core banking principles and did not get caught up in any of the latest banking fads that have caused so many other banks to close their doors over the years. in 2002, the company began a large expansion, opening over 80 new branches in central florida, massachusetts, downstate new york, new jersey, and vermont.today, trustco bank has 147 branch locations, 53 of which are in the state of florida. the bank believes in old school, personal service and welcomes each customer by name as they enter the branch. offering a wide variety of great deposit and loan products, the bank specializes in residential mortgage lending. as of december 31, 2021, trustco bank' s assets were $6.2 billion. trustco bank has paid dividends to its shareholders for over 100 consecutive years, and has



What does Trustco Bank's logo look like?

Trustco Bank Corp. logo

Complete history of Mr. Mccormick stock trades at Trustco Bank

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
16 Nov 2023 Robert J Mccormick
Chairman, President, and CEO
Option 6,524 $27.82 $181,498
16 Nov 2023
271,794
15 Nov 2023 Robert J Mccormick
Chairman, President, and CEO
Option 3,067 $28.40 $87,103
15 Nov 2023
271,793
9 Nov 2023 Robert J Mccormick
Chairman, President, and CEO
Buy 560 $26.78 $14,997
9 Nov 2023
268,726
7 Nov 2023 Robert J Mccormick
Chairman, President, and CEO
Buy 788 $27.52 $21,686
7 Nov 2023
268,166
15 May 2023 Robert J Mccormick
Chairman, President, and CEO
Buy 4,451 $27.80 $123,738
15 May 2023
260,825
1 Feb 2023 Robert J Mccormick
Chairman, President, and CEO
Buy 772 $36.23 $27,970
1 Feb 2023
253,572
26 Jan 2023 Robert J Mccormick
Chairman, President, and CEO
Buy 1,386 $33.79 $46,833
26 Jan 2023
252,800
18 Nov 2022 Robert J Mccormick
Chairman, President, and CEO
Option 2,200 $38.63 $84,986
18 Nov 2022
251,288
17 Nov 2022 Robert J Mccormick
Chairman, President, and CEO
Option 3,069 $38.57 $118,371
17 Nov 2022
252,157
16 Nov 2022 Robert J Mccormick
Chairman, President, and CEO
Option 3,456 $38.36 $132,572
16 Nov 2022
252,544
27 Jul 2022 Robert J Mccormick
Chairman, President, and CEO
Buy 1,800 $32.90 $59,220
27 Jul 2022
246,452
15 Dec 2021 Robert J Mccormick
Chairman, President, and CEO
Buy 3,500 $32.40 $113,400
15 Dec 2021
237,050
19 Nov 2021 Robert J Mccormick
Chairman, President, and CEO
Option 3,939 $33.40 $131,563
19 Nov 2021
235,290
17 Nov 2021 Robert J Mccormick
Chairman, President, and CEO
Option 3,069 $33.85 $103,886
17 Nov 2021
236,619
3 Sep 2021 Robert J Mccormick
Chairman, President, and CEO
Buy 6,194 $31.63 $195,916
3 Sep 2021
231,234
20 Nov 2020 Robert J Mccormick
Chairman, President, and CEO
Option 15,369 $31.05 $477,207
20 Nov 2020
1,080,819
19 Nov 2020 Robert J Mccormick
Chairman, President, and CEO
Option 10,997 $31.10 $342,007
19 Nov 2020
1,085,150
28 Apr 2020 Robert J Mccormick
Chairman, President, and CEO
Buy 65,000 $5.91 $384,150
28 Apr 2020
1,049,169
21 Nov 2019 Robert J Mccormick
Chairman, President, and CEO
Option 6,667 $43.55 $290,348
21 Nov 2019
971,075
20 Nov 2019 Robert J Mccormick
Chairman, President, and CEO
Option 8,703 $43.75 $380,756
20 Nov 2019
973,111
15 Nov 2019 Robert J Mccormick
Chairman, President, and CEO
Option 19,000 $43.65 $829,350
15 Nov 2019
983,408
26 Jul 2019 Robert J Mccormick
Chairman, President, and CEO
Option 11,600 $8.06 $93,496
26 Jul 2019
956,443
20 Nov 2018 Robert J Mccormick
Chairman, President, and CEO
Option 6,667 $38.30 $255,346
20 Nov 2018
926,428
17 Nov 2018 Robert J Mccormick
Chairman, President, and CEO
Option 18,500 $39.15 $724,275
17 Nov 2018
938,261
18 Nov 2017 Robert J Mccormick
Chairman, President, and CEO
Option 16,250 $45.00 $731,250
18 Nov 2017
907,695
31 Oct 2017 Robert J Mccormick
Chairman, President, and CEO
Option 150,000 $8.29 $1,243,500
31 Oct 2017
1,033,748
23 Feb 2017 Robert J Mccormick
Chairman, President, and CEO
Option 219,600 $5.15 $1,130,940
23 Feb 2017
1,028,001
21 Nov 2016 Robert J Mccormick
Chairman, President, and CEO
Option 11,250 $40.75 $458,438
21 Nov 2016
813,430
21 Nov 2016 Robert J Mccormick
Chairman, President, and CEO
Option 11,250 $40.75 $458,438
21 Nov 2016
813,430
20 Nov 2015 Robert J Mccormick
Chairman, President, and CEO
Option 22,000 $32.35 $711,700
20 Nov 2015
791,217
10 Aug 2015 Robert J Mccormick
Chairman, President, and CEO
Buy 15,000 $6.23 $93,450
10 Aug 2015
744,216
23 May 2014 Robert J Mccormick
Chairman, President, and CEO
Buy 3,753 $6.66 $24,995
23 May 2014
710,925
29 Oct 2013 Robert J Mccormick
Chairman, President, and CEO
Buy 3,641 $6.87 $25,014
29 Oct 2013
694,462
2 Aug 2013 Robert J Mccormick
Chairman, President, and CEO
Buy 4,181 $5.98 $25,002
2 Aug 2013
683,449
9 May 2013 Robert J Mccormick
Chairman, President, and CEO
Buy 4,473 $5.59 $25,004
9 May 2013
671,409
13 Mar 2013 Robert J Mccormick
Chairman, President, and CEO
Buy 4,642 $5.39 $25,020
13 Mar 2013
659,260
2 Aug 2012 Robert J Mccormick
Chairman, President, and CEO
Buy 9,226 $5.42 $50,005
2 Aug 2012
639,781
6 Jul 2011 Robert J Mccormick
Chairman, President, and CEO
Buy 86,955 $4.60 $399,993
6 Jul 2011
572,668
1 Feb 2010 Robert J Mccormick
Chairman, President, and CEO
Buy 8,463 $6.02 $50,947
1 Feb 2010
451,361
28 Jan 2010 Robert J Mccormick
Chairman, President, and CEO
Buy 300 $6.05 $1,815
28 Jan 2010
442,898
26 Jan 2010 Robert J Mccormick
Chairman, President, and CEO
Buy 18,077 $6.03 $109,004
26 Jan 2010
442,598
4 Jun 2009 Robert J Mccormick
Chairman, President, and CEO
Buy 17,000 $5.75 $97,750
4 Jun 2009
412,435
31 Oct 2008 Robert J Mccormick
Chairman, President, and CEO
Option 308,700 $10.76 $3,321,612
31 Oct 2008
634,367
12 Jun 2008 Robert J Mccormick
Chairman, President, and CEO
Buy 12,500 $7.82 $97,750
12 Jun 2008
278,942
30 Aug 2007 Robert J Mccormick
Chairman, President, and CEO
Option 40,077 $8.71 $349,071
30 Aug 2007
246,939
15 May 2007 Robert J Mccormick
Chairman, President, and CEO
Buy 35,226 $9.35 $329,363
15 May 2007
244,568
1 May 2007 Robert J Mccormick
Chairman, President, and CEO
Buy 14,774 $9.30 $137,398
1 May 2007
209,342
19 Jan 2007 Robert J Mccormick
Chairman, President, and CEO
Option 6,000 $8.71 $52,260
19 Jan 2007
197,494
21 Apr 2006 Robert J Mccormick
Chairman, President, and CEO
Option 13,992 $5.97 $83,532
21 Apr 2006
183,721
21 Jan 2005 Robert J Mccormick
Chairman, President, and CEO
Option 25,273 $5.04 $127,376
21 Jan 2005
59,215
16 Mar 2004 Robert J Mccormick
Chairman, President, and CEO
Option 9,000 $5.04 $45,360
16 Mar 2004
25,230
1 Aug 2003 Robert J Mccormick
Chairman, President, and CEO
Buy 850 $12.12 $10,302
1 Aug 2003
346,644


Trustco Bank executives and stock owners

Trustco Bank executives and other stock owners filed with the SEC include: