The estimated Net Worth of David G. Lake is at least $992 mil dollars as of 11 May 2023. Mr. Lake owns over 2,000 units of First Foundation Inc stock worth over $881,926 and over the last 6 years he sold FFWM stock worth over $0. In addition, he makes $110,000 as Independent Director at First Foundation Inc.
David has made over 9 trades of the First Foundation Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he bought 2,000 units of FFWM stock worth $7,980 on 11 May 2023.
The largest trade he's ever made was buying 6,000 units of First Foundation Inc stock on 4 May 2023 worth over $24,420. On average, David trades about 820 units every 82 days since 2018. As of 11 May 2023 he still owns at least 137,801 units of First Foundation Inc stock.
You can see the complete history of Mr. Lake stock trades at the bottom of the page.
David G. Lake serves as Independent Director of the Company. Mr. Lake has served as a director of FFI since June 1, 2018. Since 1993 Mr. Lake has been the Chief Executive Officer of and a co-founder of 4EARTH Farms, Inc., a grower and value-added produce company with over 400 employees in California and affiliated operations in other states. Mr. Lake served as the Chairman of the Board of Directors of PBB Bancorp, since its formation in May 2014, and of the Board of Directors of its wholly-owned subsidiary Premier Business Bank from July 2006 until the June 2018 acquisition of PBB Bancorp by the Company.
As the Independent Director of First Foundation Inc, the total compensation of David Lake at First Foundation Inc is $110,000. There are 10 executives at First Foundation Inc getting paid more, with Scott Kavanaugh having the highest compensation of $1,968,000.
David Lake is 54, he's been the Independent Director of First Foundation Inc since 2018. There are 8 older and 6 younger executives at First Foundation Inc. The oldest executive at First Foundation Inc is Diane Rubin, 68, who is the Independent Director.
David's mailing address filed with the SEC is 200 CRESCENT COURT, STE 1400, DALLAS, TX, 75201.
Over the last 10 years, insiders at First Foundation Inc have traded over $13,138,572 worth of First Foundation Inc stock and bought 573,318 units worth $9,741,276 . The most active insiders traders include Scott F Kavanaugh, Ulrich E. Jr Keller y John Hakopian. On average, First Foundation Inc executives and independent directors trade stock every 14 days with the average trade being worth of $75,693. The most recent stock trade was executed by James Britton on 29 August 2024, trading 4,000 units of FFWM stock currently worth $27,760.
first foundation, a financial institution since 1990, provides integrated investment management, wealth planning, consulting, trust, banking, and insurance services. the company is headquartered in orange county, california with offices in california, nevada, and hawaii. our goal is to offer clients a single source to handle all of their financial needs. our mission is to enhance the wealth and well-being of our clients through integrated services including: •investment management •wealth planning •consulting •trust services •banking •insurance services our values first foundation colleague's goals are to act with integrity and: listen - we listen to our clients to understand their needs. respect - we treat our clients with understanding and compassion. collaborate - we dialogue with our clients while achieving their goals. innovate - we seek and support new ideas to better serve our clients. serve - we focus on being timely and proactive in responding to our clients.
First Foundation Inc executives and other stock owners filed with the SEC include: