The estimated Net Worth of Peter Mcnitt is at least $751 Tisíc dollars as of 5 June 2020. Mr. Mcnitt owns over 2,780 units of Hub stock worth over $450,881 and over the last 9 years he sold HUBG stock worth over $0. In addition, he makes $300,024 as Lead Independent Director at Hub.
Peter has made over 4 trades of the Hub stock since 2015, according to the Form 4 filled with the SEC. Most recently he bought 2,780 units of HUBG stock worth $50,290 on 5 June 2020.
The largest trade he's ever made was buying 25,000 units of Hub stock on 2 March 2016 worth over $130,750. On average, Peter trades about 4,306 units every 118 days since 2015. As of 5 June 2020 he still owns at least 10,280 units of Hub stock.
You can see the complete history of Mr. Mcnitt stock trades at the bottom of the page.
Peter B. McNitt serves as Lead Independent Director of the Company. Mr. McNitt has served as a director of the Company since May 2017 and as our Lead Director from November 2019. Mr. McNitt, currently retired, most recently served as Vice Chair of BMO Harris Bank. Prior to this position, Mr. McNitt held many leadership roles within BMO Harris, including Senior Vice President and Head of the Emerging Majors Midwest, Executive Vice President of U.S. Corporate Banking, Executive Managing Director of U.S. Investment Banking, and Vice Chair of Business Banking. Mr. McNitt currently serves as a director of Old Republic International Corporation (Insurance), where he is a member of the Audit Committee and Compensation Committee. He is a graduate of Amherst College and has attended Northwestern University’s Graduate School of Management and the Graduate School of Credit and Finance at Stanford University.
As the Lead Independent Director of Hub, the total compensation of Peter McNitt at Hub is $300,024. There are 8 executives at Hub getting paid more, with David Yeager having the highest compensation of $4,430,220.
Peter McNitt is 65, he's been the Lead Independent Director of Hub since 2019. There are 4 older and 11 younger executives at Hub. The oldest executive at Hub Group, Inc. is Charles Reaves, 81, who is the Independent Director.
Peter's mailing address filed with the SEC is 2001 HUB GROUP WAY, , OAK BROOK, IL, 60523.
Over the last 22 years, insiders at Hub have traded over $39,155,855 worth of Hub stock and bought 218,171 units worth $1,125,600 . The most active insiders traders include David P Yeager, Mark A Yeager a Peter Mcnitt. On average, Hub executives and independent directors trade stock every 92 days with the average trade being worth of $948,955. The most recent stock trade was executed by Gary Yablon on 11 August 2022, trading 5,000 units of HUBG stock currently worth $428,000.
hub group, a leading $3.6 billion transportation management company, provides more than 44 years of time-tested intermodal, truck brokerage and logistics services throughout north america. intermodal solutions hub group’s strategy is not only innovative and customized, but it’s also incredibly effective – providing you access to a fleet of more than 29,300 of hub group’s 53-foot freight containers and over 79,500 rail assets that offer the most flexible and reliable intermodal shipping service operating throughout north america. hub group arranges for the movement of its customers' freight in containers and trailers by contracting with railroads to provide transportation over the long-haul portion of the shipment and with local trucking companies for pickup and delivery. plus, hub group negotiates rail and drayage rates, electronically tracks shipments in transit, consolidates billing and handles claims on behalf of its customers. drayage solutions hub group's wholly-owned subs
Hub executives and other stock owners filed with the SEC include: