The estimated Net Worth of Richard W Main is at least $7.88 Million dollars as of 30 January 2024. Mr. Main owns over 1,831 units of Enterprise stock worth over $6,872,041 and over the last 19 years he sold EBTC stock worth over $350,000. In addition, he makes $657,428 as President and Director at Enterprise.
Richard has made over 10 trades of the Enterprise stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 1,831 units of EBTC stock worth $37,151 on 30 January 2024.
The largest trade he's ever made was exercising 14,000 units of Enterprise stock on 31 January 2013 worth over $201,320. On average, Richard trades about 1,135 units every 67 days since 2005. As of 30 January 2024 he still owns at least 228,763 units of Enterprise stock.
You can see the complete history of Mr. Main stock trades at the bottom of the page.
Richard W. Main serves as a President, Director of Enterprise Bancorp Inc., and President of Enterprise Bank and Trust Company (the Bank). Mr. Main’s depth of knowledge relating to the management of the Company’s commercial lending function and the significance of various changes in the market conditions affecting borrowers and their businesses provide invaluable insight to the Board’s oversight and management of the Company’s credit risk and operations. Mr. Main’s knowledge of banking operations and his past tenure as president, chief operating officer and director of an earlier Greater Lowell-based independent commercial bank prior to joining the Bank also provides valuable industry specific and local community experience and contacts.
As the President and Director of Enterprise, the total compensation of Richard Main at Enterprise is $657,428. There are 4 executives at Enterprise getting paid more, with John Clancy having the highest compensation of $1,072,040.
Richard Main is 71, he's been the President and Director of Enterprise since 2009. There are 5 older and 34 younger executives at Enterprise. The oldest executive at Enterprise Bancorp, Inc. is George L. Duncan, 81, who is the Founder & Exec. Chairman.
Richard's mailing address filed with the SEC is C/O ENTERPRISE BANCORP, 222 MERRIMACK STREET, LOWELL, MA, 01852.
Over the last 20 years, insiders at Enterprise have traded over $10,144,010 worth of Enterprise stock and bought 239,556 units worth $5,299,593 . The most active insiders traders include Ken S Ansin, Eric W Hanson, and George L Duncan. On average, Enterprise executives and independent directors trade stock every 13 days with the average trade being worth of $83,842. The most recent stock trade was executed by Stephen J Irish on 8 March 2024, trading 1,083 units of EBTC stock currently worth $21,974.
enterprise bank was founded through the entrepreneurial vision of george l. duncan in 1988. we are headquartered in lowell, massachusetts, with branch locations throughout the merrimack valley and north central regions of massachusetts, as well as southern new hampshire. for over 25 years, enterprise bank has been supporting the financial needs of businesses, professionals, individuals and communities. as a leading, independent, community-focused bank, we recognize that by working together with our customers, we have a profound impact on the quality of life and the economic wellbeing of the communities in our area. at enterprise bank, building lasting and positive relationships with our customers is much more important than conducting transactions. our success is consistently measured by the success of our valued customers.
Enterprise executives and other stock owners filed with the SEC include: