The estimated Net Worth of Richard Wagner is at least $6.14 Million dollars as of 16 August 2024. Mr. Wagner owns over 1,642 units of Insteel Industries stock worth over $1,295,709 and over the last 17 years he sold IIIN stock worth over $3,926,668. In addition, he makes $913,449 as Chief Operating Officer and Senior Vice President at Insteel Industries.
Richard has made over 28 trades of the Insteel Industries stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 1,642 units of IIIN stock worth $49,950 on 16 August 2024.
The largest trade he's ever made was exercising 91,010 units of Insteel Industries stock on 2 May 2016 worth over $1,384,262. On average, Richard trades about 5,025 units every 47 days since 2007. As of 16 August 2024 he still owns at least 42,594 units of Insteel Industries stock.
You can see the complete history of Mr. Wagner stock trades at the bottom of the page.
Richard T. Wagner serves as Chief Operating Officer, Senior Vice President of the Company. He joined the Company in 1992 and now serves as Senior Vice President and Chief Operating Officer. He previously served as Vice President and General Manager of the Concrete Reinforcing Products Business Unit of the Company’s subsidiary, Insteel Wire Products Company, from 1998 to October 2020. In February 2007, Mr. Wagner was appointed Vice President of the parent company, Insteel Industries Inc. From 1977 until 1992, Mr. Wagner served in various positions with Florida Wire and Cable, Inc., a manufacturer of PC strand and galvanized strand products that was later acquired by us in 2000.
As the Chief Operating Officer and Senior Vice President of Insteel Industries, the total compensation of Richard Wagner at Insteel Industries is $913,449. There are 2 executives at Insteel Industries getting paid more, with H. Woltz having the highest compensation of $1,769,460.
Richard Wagner is 60, he's been the Chief Operating Officer and Senior Vice President of Insteel Industries since 2020. There are 11 older and 3 younger executives at Insteel Industries. The oldest executive at Insteel Industries, Inc. is W. Allen Rogers, 73, who is the Independent Director.
Richard's mailing address filed with the SEC is 1373, Boggs Drive, Mount Airy, Surry County, North Carolina, 27030, United States.
Over the last 21 years, insiders at Insteel Industries have traded over $49,697,761 worth of Insteel Industries stock and bought 19,600 units worth $335,266 . The most active insiders traders include H O Iii Woltz, Howard O Jr Woltz, and Michael C Gazmarian. On average, Insteel Industries executives and independent directors trade stock every 28 days with the average trade being worth of $491,678. The most recent stock trade was executed by James R. York on 16 August 2024, trading 657 units of IIIN stock currently worth $19,986.
insteel industries, inc. is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. we manufacture and market prestressed concrete strand and welded wire reinforcement, including concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement. our products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. approximately 800 employees work at insteel facilities located in arizona, florida, georgia, kentucky, missouri, north carolina, pennsylvania, tennessee and texas. the company's common stock is traded on the nasdaq global select market under the symbol iiin.
Insteel Industries executives and other stock owners filed with the SEC include: