The estimated Net Worth of Roy T K Thung is at least $25 Millón dollars as of 2 January 2019. Mr. Thung owns over 151,000 units of Independence Co stock worth over $21,762,199 and over the last 20 years he sold IHC stock worth over $0. In addition, he makes $3,241,260 as Chairman of the Board y Chief Executive Officer at Independence Co.
Roy has made over 36 trades of the Independence Co stock since 2004, according to the Form 4 filled with the SEC. Most recently he exercised 151,000 units of IHC stock worth $1,372,590 on 2 January 2019.
The largest trade he's ever made was exercising 151,000 units of Independence Co stock on 2 January 2019 worth over $1,372,590. On average, Roy trades about 16,740 units every 106 days since 2004. As of 2 January 2019 he still owns at least 381,726 units of Independence Co stock.
You can see the complete history of Mr. Thung stock trades at the bottom of the page.
Roy T. K. Thung serves as Chairman of the Board, Chief Executive Officer of the Company. Since September 2017, Chief Executive Officer and Chairman of the Board of IHC; since March 2011, Chief Executive Officer, President and Chairman of the Board of IHC; since January 2000, Chief Executive Officer of IHC; since July 1999, President of IHC; for more than five years prior to July 1999, Executive Vice President and Chief Financial Officer of IHC; for more than the past five years, Executive Vice President of Geneve; from July 2002 until August 2016, a director of AMIC; from November 2002 until March 2012, Chief Executive Officer and President of AMIC; from March 2012 until August 2016, Chief Executive Officer of AMIC; for more than the past five years prior to April 2016, Chief Executive Officer and Chairman of the Board of Standard Security Life; for more than the five years prior to October 2018, director of Standard Security Life; for more than the five years prior to November 2018, Chairman of the Board of Madison National Life.
As the Chairman of the Board y Chief Executive Officer of Independence Co, the total compensation of Roy Thung at Independence Co is $3,241,260. There are no executives at Independence Co getting paid more.
Roy Thung is 76, he's been the Chairman of the Board y Chief Executive Officer of Independence Co since 2017. There are 3 older and 9 younger executives at Independence Co. The oldest executive at Independence Holding Co. is Ronald Simon, 81, who is the Independent Director.
Roy's mailing address filed with the SEC is 96 CUMMINGS POINT ROAD, , STAMFORD, CT, 06902.
Over the last 20 years, insiders at Independence Co have traded over $4,319,184 worth of Independence Co stock and bought 409,761 units worth $4,540,860 . The most active insiders traders include Roy T K Thung, Adam C Vandervoort y Steven B Lapin. On average, Independence Co executives and independent directors trade stock every 37 days with the average trade being worth of $715,590. The most recent stock trade was executed by Teresa A Herbert on 5 December 2021, trading 70,034 units of IHC stock currently worth $2,243,189.
Independence Holding Company, formed in 1980, is a holding company that is principally engaged in underwriting, administering and/or distributing group and individual specialty benefit products, including disability, supplemental health, pet, and group life insurance through its subsidiaries (Independence Holding Company and its subsidiaries collectively referred to as 'The IHC Group'). The IHC Group consists of three insurance companies (Standard Security Life Insurance Company of New York, Madison National Life Insurance Company, Inc. and Independence American Insurance Company). Company also owns the following agencies: (i) PetPartners, Inc.; (ii) IHC Specialty Benefits, Inc., a technology-driven full-service marketing and distribution company that focuses on small employer and individual consumer products through its call center, career agents, and Independence Brokerage Group; and (iii) The INSX Cloud Platform through My1HR, company's wholly owned Web Based Entity. Its InsureTech division is comprised of company's call centers, field and career agents, in-house MarTech artificial intelligence capabilities and domains, including www.healthedeals.com; www.healthinsurance.org; www.medicareresources.org; www.petplace.com; and www.mypetinsurance.com.
Independence Co executives and other stock owners filed with the SEC include: