Observations
- Millionaire
Estimated Net Worth
- $9.6 M - $24.0 M
Salary
- Unknown
Employment
- 11/01/2021 - 01/31/2023
Departed Administration
- Yes
Financial Disclosure Details - OGE Form 278e (05/15/2022)
Positions Held Outside United States Government
# | Organization | City | Position | To |
|---|---|---|---|---|
1 | Dunlap, Illinois | Trustee | Present | |
2 | West Lafayette, Indiana | Trustee | Present | |
3 | Bethesda, Maryland | Guardian of Person and Property | Present |
Employment Assets & Income and Retirement Accounts
# | Description | Value | Income Type | Income Amount |
|---|---|---|---|---|
1 | IRA #1 | |||
1.1 | DFA US Core Equity II Portfolio Institutional Class (DFQTX) | $250,001 - $500,000 | None (or less than $201) | |
1.2 | Fidelity Government Cash Reserves (FDRXX) | $1,001 - $15,000 | None (or less than $201) | |
1.3 | DFA Real Estate Securities Portfolio Institutional Class (DFREX) | $15,001 - $50,000 | None (or less than $201) | |
1.4 | DFA Emerging Markets Core Equity Portfolio (DFCEX) | $15,001 - $50,000 | None (or less than $201) | |
1.5 | Baird Ultra Short Bold Fund (BUBIX) | $50,001 - $100,000 | None (or less than $201) | |
1.6 | Vanguard Dividend Appreciation Index Fund ETF Shares (VIG) | $50,001 - $100,000 | None (or less than $201) | |
1.7 | International Core Equity Portfolio Institutional Class Shares (DFIEX) | $100,001 - $250,000 | None (or less than $201) | |
2 | IRA #2 | |||
2.1 | U.S. brokerage account (cash) | $15,001 - $50,000 | None (or less than $201) |
Employment Agreements and Arrangements
# | Employer Or Party | City | Status And Terms | Date |
|---|---|---|---|---|
1 | Washington, District of Columbia | I received my final partnership share distribution from WilmerHale in 2018. Immediately following my withdrawal from the firm in August 2018, I received a lump sum payment of all of the amounts in my capital account. As stated in my ethics agreement with my previous federal employer, the CFTC, WilmerHale withheld a portion of my final compensation for potential tax liabilities incurred during the time when I was at the firm. In 2018 WilmerHale stated they would settle this account in 2021. this account by paying me the remaining amounts in this account that had been reserved for such tax liabilities. Accordingly, as of the settlement of this account in August 2021, I have no outstanding balances owed to or due from WilmerHale. | 9/2013 |
Sources of Compensation Exceeding $5,000 in a Year
# | Source | City | Duties |
|---|---|---|---|
Nothing reported in this section | |||
Spouse's Employment Assets & Income and Retirement Accounts
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Verizon | salary, bonus | ||
2 | Verizon, Restricted Stock Units (unvested) | $50,001 - $100,000 | None (or less than $201) | |
3 | Verizon, Performance Stock Units (unvested) | $100,001 - $250,000 | None (or less than $201) | |
4 | Verizon Communications Inc. (VZ) (common stock) | $250,001 - $500,000 | Dividends | $5,001 - $15,000 |
5 | U.S. brokerage account (cash - money market) | $15,001 - $50,000 | None (or less than $201) | |
6 | Spouse IRA #2 | |||
6.1 | U.S. brokerage account (cash) | $1,001 - $15,000 | None (or less than $201) | |
6.2 | Vanguard Information Technology Index Fund ETF Shares (VGT) | $100,001 - $250,000 | None (or less than $201) | |
6.3 | Vanguard Consumer Discretionary Index Fund ETF Shares (VCR) | $50,001 - $100,000 | None (or less than $201) | |
7 | Spouse IRA #1 |
Other Assets and Income
# | Description | Value | Type | Amount |
|---|---|---|---|---|
1 | Gold Coins | $1,001 - $15,000 | None (or less than $201) | |
2 | AWB Family Trust | |||
2.1 | AWB Family Trust -- Cash | $100,001 - $250,000 | None (or less than $201) | |
3 | Maryland ABLE Account | |||
3.1 | Maryland ABLE Moderate Fund | $50,001 - $100,000 | None (or less than $201) | |
3.2 | Maryland ABLE Cash Option | $1,001 - $15,000 | None (or less than $201) | |
4 | U.S. brokerage account #1 (joint) | |||
4.1 | U.S. brokerage money market account (cash) | $250,001 - $500,000 | None (or less than $201) | |
4.2 | Apple Inc. (AAPL) | None (or less than $1,001) | Capital Gains Dividends | $100,001 - $1,000,000 |
4.3 | Verizon Communications Inc (VZ) | None (or less than $1,001) | Dividends | $201 - $1,000 |
Transactions
# | Description | Type | Date | Amount |
|---|---|---|---|---|
1 | Verizon 2025 Fund | Purchase | 01/07/2021 | $1,001 - $15,000 |
2 | Verizon 2025 Fund | Sale | 04/16/2021 | $500,001 - $1,000,000 |
3 | Verizon 2030 Fund | Purchase | 04/16/2021 | $500,001 - $1,000,000 |
4 | Stoneridge Reinsurance Risk Premium Interval (SRRIX) | Sale | 03/04/2021 | $1,001 - $15,000 |
5 | TA US Core Equity 2 Portfolio Institutional Class Shares (DFTCX) | Purchase | 03/31/2021 | $1,001 - $15,000 |
6 | First Trust TCW Unconstrained Plus Bond ETF (UCON) | Purchase | 04/26/2021 | $15,001 - $50,000 |
7 | SPDRDoubleLine Total Return Tactical ETF (TOTL) | Purchase | 04/26/2021 | $15,001 - $50,000 |
8 | Xtrackers USD High Yield Corporate Bond ETF (HYLB) | Purchase | 04/26/2021 | $15,001 - $50,000 |
9 | BlackRock Total Factor Fund Institutional Class Shares (BSTIX) | Purchase | 04/26/2021 | $15,001 - $50,000 |
10 | BlackRock Event Driven Equity Fund Institutional Shares (BILPX) | Purchase | 04/26/2021 | $15,001 - $50,000 |
Liabilities
# | Creditor | Amount | Incurred | Term |
|---|---|---|---|---|
Nothing reported in this section | ||||
Gifts and Travel Reimbursements
# | Source Name | City | Description | Value |
|---|---|---|---|---|
Nothing reported in this section | ||||
Endnotes
Section | # | Description |
|---|---|---|
5 | 9.1 | 99.4% of the fund is invested in the Verizon stock, and the remaining 0.6% in short-term cash instruments. |
6 | 2 | Pursuant to the will of a family member who passed away on November 27, 2018, I am co-Trustee (with my brother), and co-Beneficiary (with my brother, my brother's children, my wife, and my daughter), for the cash accounts and real property in my deceased mother's estate. At the end of 2018, the real property consisted of her residence in West Lafayette, Indiana. The house was sold in March 2019; as of this time the assets of the trust consist solely of cash form her estate and the proceeds from the sale of the house. |
6 | 7.3 | Bank account is jointly held with daughter, who is not a dependent. |
6 | 9 | Rental income was for housing provided to family member under guardianship. |
7 | 1 | Biweekly transactions beginning on this date, as part of my spouse's employee savings plan. |
7 | 2 | Verizon 2025 Fund exchanged for Verizon 2030 Fund. |
7 | 3 | Verizon 2025 Fund exchanged for Verizon 2030 Fund. |
7 | 50 | Dividend reinvestment. |
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