The estimated Net Worth of Edward J Merritt is at least $1.62 Millón dollars as of 23 September 2021. Mr. Merritt owns over 3,000 units of Meridian Bancorp Inc stock worth over $1,170,599 and over the last 15 years he sold EBSB stock worth over $44,240. In addition, he makes $401,001 as Executive Vice President - Business Development, Community Reinvestment, Corporate Secretary y Director at Meridian Bancorp Inc.
Edward has made over 7 trades of the Meridian Bancorp Inc stock since 2012, according to the Form 4 filled with the SEC. Most recently he exercised 3,000 units of EBSB stock worth $39,180 on 23 September 2021.
The largest trade he's ever made was exercising 12,242 units of Meridian Bancorp Inc stock on 9 January 2020 worth over $46,397. On average, Edward trades about 2,129 units every 294 days since 2010. As of 23 September 2021 he still owns at least 48,472 units of Meridian Bancorp Inc stock.
You can see the complete history of Mr. Merritt stock trades at the bottom of the page.
Edward J. Merritt serves as Executive Vice President - Business Development, Community Reinvestment, Corporate Secretary, Director of the Company. Previously, Mr. Merritt served as the President and Chief Executive Officer and a director of Mt. Washington Cooperative Bank for over 11 years. Mr. Merritt’s long-term experience with managing the day-to-day operations of a community banking institution provides additional banking management experience to the Board, and his experience operating in a community in which the Company previously had limited market penetration also provides the Board with additional perspective with respect to such market area and assists the Board in recognizing and assessing growth opportunities in that market area.
As the Executive Vice President - Business Development, Community Reinvestment, Corporate Secretary y Director of Meridian Bancorp Inc, the total compensation of Edward Merritt at Meridian Bancorp Inc is $401,001. There are 3 executives at Meridian Bancorp Inc getting paid more, with Richard Gavegnano having the highest compensation of $1,560,360.
Edward Merritt is 60, he's been the Executive Vice President - Business Development, Community Reinvestment, Corporate Secretary y Director of Meridian Bancorp Inc since 2016. There are 12 older and 2 younger executives at Meridian Bancorp Inc. The oldest executive at Meridian Bancorp Inc is Anna DiMaria, 74, who is the Independent Director.
Edward's mailing address filed with the SEC is 61;67, Prospect Street, Peabody, Essex County, Massachusetts, 01960, United States.
Over the last 16 years, insiders at Meridian Bancorp Inc have traded over $1,399,409 worth of Meridian Bancorp Inc stock and bought 29,150 units worth $369,420 . The most active insiders traders include Richard J Gavegnano, Domenic A Gambardella y Frank Romano. On average, Meridian Bancorp Inc executives and independent directors trade stock every 56 days with the average trade being worth of $463,100. The most recent stock trade was executed by Marilyn A Censullo on 4 November 2021, trading 12,000 units of EBSB stock currently worth $211,800.
Meridian Bancorp, Inc. is the holding company for East Boston Savings Bank. East Boston Savings Bank, a Massachusetts-chartered stock savings bank founded in 1848, operates 43 branches in the greater Boston metropolitan area, including 42 full-service locations and one mobile branch. It offers a variety of deposit and loan products to individuals and businesses located in its primary market, which consists of Essex, Middlesex, Norfolk and Suffolk Counties, Massachusetts.
Meridian Bancorp Inc executives and other stock owners filed with the SEC include: