In 2020, Thomas E. Siering earned $89.17K in total compensation at Two Harbors Investment Corporation. Most recently sold 52,376 shares in May 2021. Currently holds stock worth $12.82M. Has donated $119.85K in stock to charitable causes. Led Two Harbors Investment Corporation as CEO for 10 years.
Compensation History
Annual executive compensation data for Thomas E. Siering, including salary, bonuses, and stock awards.
Year
2020
Total Compensation
$89.17K
Salary
$0.00
Bonus
$0.00
Other
$89.17K
Salary
$0.00Board Justification
The compensation philosophy emphasizes a pay-for-performance approach, aligning the interests of executives with those of stockholders, particularly following the transition to an internally managed company.
Bonus
$0.00Board Justification
Mr. Siering did not receive an annual incentive award from the company. He ceased to be our Chief Executive Officer on June 24, 2020 and did not become a company employee upon internalization.
Other Compensation
$89.17KBoard Justification
All Other Compensation paid represents dividends and distributions on unvested shares of restricted common stock.
Restricted Stock
Board Justification
Mr. Siering did not receive annual cash incentive compensation or an equity award grant during the fiscal year ended December 31, 2020.
Performance Metrics
The performance metrics for the CEO's compensation were not applicable as Mr. Siering did not receive any performance-based compensation in 2020.
Thomas E. Siering
Ex-CEO of Two Harbors Investment Corporation
Field of Expertise
Finance & Banking - Finance
Sector of Economy
Real Estate
CEO of Two Harbors Investment Corporation for
10 years 0 months (Jun 2010 - Jun 2020)
Previous Experience
Unknown
Other Two Harbors Investment Corporation CEOs
Holdings
Track Thomas E. Siering's stock holdings and portfolio value over time.
Total Stock Sold
$2.84M
$2.84M
98,094 TWO shares
What if they kept their stock?
If Thomas E. Siering didn't sell their stock, today they would have:
Extra TWO98,094 shares worth $1.00M.
This is -64.79% and $1.84M less than what they got when they sold the stock.
Charitable Transactions
11,750 shares
TWO
Recent Charitable Transactions
47,000 shares
TWO
May 21, 2015
Charity
Insider Trading
Thomas E. Siering's recent stock transactions, purchases, and sales filed with the SEC.
$378.80K
TWO at $7.23/share
May 18, 2021
Sale
$2.11M
TWO at $7.03/share
May 13, 2021
Sale
$57.68K
TWO at $14.42/share
Nov 12, 2019
Purchase
$65.55K
TWO at $13.11/share
Aug 14, 2019
Purchase
$48.29K
TWO at $13.80/share
Feb 20, 2019
Purchase
$300.00K
TWO at $14.40/share
Jan 28, 2019
Received
$50.42K
TWO at $14.41/share
Nov 12, 2018
Purchase
$77.04K
TWO at $15.41/share
Aug 15, 2018
Purchase
$44.55K
TWO at $14.85/share
Feb 12, 2018
Purchase
$3.30M
TWO at $15.12/share
Jan 29, 2018
Received
Rivals
Compare Thomas E. Siering with competitor CEOs and industry peers.
Phillip J. Kardis II
CEO of Chimera Investment Corp.
2023 Compensation
Stock
$1.68M
Salary
$850.00K
Bonus
$0.00
Other
$19.80K
Total Holdings
$6.47M
Michael Nierenberg
CEO of Rithm Capital
2023 Compensation
Stock
$1.79M
Salary
$1.25M
Bonus
$10.00M
Other
$160.04K
Total Holdings
$3.45M
G. Hunter Haas IV
CEO of Orchid Island Capital
2023 Compensation
Stock
$102.50K
Salary
$0.00
Bonus
$0.00
Other
$0.00
Total Holdings
$551.26K
David L. Finkelstein
CEO of Annaly Capital Management
2023 Compensation
Stock
$2.59M
Salary
$1.00M
Bonus
$7.33M
Other
$15.20K
Total Holdings
$14.02M