The estimated Net Worth of Ronald B Spencer is at least $1.29 mil dollars as of 30 April 2021. Mr. Spencer owns over 50 units of Summit Inc stock worth over $1,285 and over the last 3 years he sold SMMF stock worth over $0. In addition, he makes $0 as Independent Director at Summit Inc.
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Mr. Spencer SMMF stock SEC Form 4 insiders trading
Ronald has made over 2 trades of the Summit Inc stock since 2021, according to the Form 4 filled with the SEC. Most recently he bought 50 units of SMMF stock worth $500,000 on 30 April 2021.
The largest trade he's ever made was buying 50 units of Summit Inc stock on 30 April 2021 worth over $500,000. On average, Ronald trades about 33 units every 5 days since 2021. As of 30 April 2021 he still owns at least 50 units of Summit Inc stock.
You can see the complete history of Mr. Spencer stock trades at the bottom of the page.
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Ronald Spencer biography
Ronald B. Spencer serves as Independent Director of the Company. Mr. Spencer served as Director and Chairman of the Board of Directors of the former Cornerstone Financial Services, Inc. from 2003 to 2019 and served as a member of the Board of Directors of Cornerstone’s banking subsidiary, Cornerstone Bank, Inc., from 2006 until 2019. He also served as Chairman of Cornerstone’s Audit Committee. Inclusive of Mr. Spencer’s service on the board of the predecessor bank to Cornerstone, Mr. Spencer has maintained 39 years aggregate experience as a bank board member. Mr. Spencer earned a Bachelor of Science degree in political science from West Virginia University and attended Camden Military Academy, Camden, South Carolina. Mr. Spencer is the owner and president of Mid-Atlantic of West Virginia, Inc. and owner and manager of Spencer Enterprises. Mr. Spencer is the former owner and president of Eagle Aviation, Yeager Airport and former vice president of Executive Air, Yeager Airport. Mr. Spencer was appointed to the West Virginia Board of Education in November 1999 by Governor Cecil H. Underwood to a term ending November 4, 2008 and was elected secretary of the West Virginia Board of Education in 2002 and 2007. He was also elected to the Doddridge County Commission serving 1989-1995. Additionally, Mr. Spencer was formerly a member of the West Virginia School Boards Association; Board of Directors, and served 15 years as a board member of the Secondary Schools Activities Commission. Mr. Spencer is also involved with several non-profit entities and community organizations. Mr. Spencer is a member of the Audit and Compliance Committee and the Asset/Liability and Funds Management Committee.
How old is Ronald Spencer?
Ronald Spencer is 67, he's been the Independent Director of Summit Inc since 2020. There are 4 older and 21 younger executives at Summit Inc. The oldest executive at Summit Financial Group Inc is Dewey Bensenhaver, 73, who is the Independent Director.
What's Ronald Spencer's mailing address?
Ronald's mailing address filed with the SEC is PO BOX 143, , SMITHBURG, WV, 26436.
Insiders trading at Summit Inc
Over the last 21 years, insiders at Summit Inc have traded over $4,773,269 worth of Summit Inc stock and bought 227,671 units worth $6,377,691 . The most active insiders traders include Gary L Hinkle, Jeffrey E. Hott y H Charles Iii Maddy. On average, Summit Inc executives and independent directors trade stock every 21 days with the average trade being worth of $74,556. The most recent stock trade was executed by Charles Piccirillo on 3 May 2024, trading 7,793 units of SMMF stock currently worth $200,280.
What does Summit Inc do?
summit financial group, inc. is a financial holding company which provides community banking and insurance services . summit’s community banking operations consist of 15 banking offices located in the eastern panhandle and south central regions of west virginia and in the shenandoah valley and northern regions of virginia. summit financial group inc.’s affiliate entities are: summit community bank, a state chartered community bank , and summit insurance services, llc, a full lines insurance agency.
What does Summit Inc's logo look like?
Complete history of Mr. Spencer stock trades at Summit Inc
Summit Inc executives and stock owners
Summit Inc executives and other stock owners filed with the SEC include:
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H. Charles Maddy,
President, Chief Executive Officer, Director -
Scott Jennings,
Chief Operating Officer, Executive Vice President -
H. Charles Maddy III,
Vice Chairman, Pres & CEO -
Robert Tissue,
Chief Financial Officer, Executive Vice President -
Bradford Ritchie,
Executive Vice President of Summit Financial Group and President of Summit Community Bank -
Patrick Frye,
Executive Vice President, Chief of Credit Administration -
Bradford E. Ritchie,
Exec. VP & Pres of Summit Community Bank -
Scott C. Jennings,
Exec. VP & COO -
Robert S. Tissue,
Exec. VP & CFO -
Patrick N. Frye,
Exec. VP & Chief of Credit Admin. -
Oscar Bean,
Independent Chairman of the Board -
Gary Hinkle,
Independent Director -
John Gianola,
Independent Director -
Charles Piccirillo,
Independent Director -
John Crites,
Independent Director -
Georgette George,
Independent Director -
Jason Kitzmiller,
Independent Director -
James Geary,
Independent Director -
J. Scott Bridgeforth,
Independent Director -
John Shott,
Independent Director -
James Cookman,
Independent Director -
Dewey Bensenhaver,
Independent Director -
Teresa Ely,
IR Contact Officer -
Ronald Spencer,
Independent Director -
Ronald Bowling,
Director -
Lorraine L. Brisell,
Market Pres -
Patricia L. Owens,
Exec. VP & Chief Banking Officer -
Danyl R. Freeman,
Exec. VP & Chief HR Officer -
Julie R. Markwood,
Sr. VP & Chief Accounting Officer -
Patricia L Owens,
Ex. VP & Chief Banking Officer -
Duke A Mcdaniel,
Director -
Jeffrey E. Hott,
Director -
Thomas J Iii Hawse,
Director -
Gerald W Huffman,
Director -
Frank A Iii Baer,
Director -
Ronald F Miller,
President of Subsidiary Bank -
C David Robertson,
President of Subsidiary Bank -
Douglas T Mitchell,
Sr. VP & CBO -
George R Jr Ours,
Director -
Phoebe F Heishman,
Director -
George W. Pace,
Director -
John W Crites,
Director -
James P Geary,
Director -
Kyle E Almond,
Director -
Jill S Upson,
Director -
Danyl R Freeman,
EVP & Chief Human Resources Of -
Julie R Markwood,
EVP & Chief Accounting Officer -
Joseph Hager,
EVP & Chief Risk Officer -
Lauren N. Kimlel,
EVP & Chief Banking Officer -
Angela R Zirk,
EVP & Chief Experience Officer -
David Wilson,
Director