Last updated: 8 July 2021 at 4:27pm EST

John Morlock Net Worth




The estimated Net Worth of John B Morlock is at least $197 Thousand dollars as of 6 July 2021. Mr. Morlock owns over 7,500 units of Luby`s stock worth over $36,166 and over the last 11 years he sold LUB stock worth over $160,874. In addition, he makes $0 as Independent Director at Luby`s.

Mr. Morlock LUB stock SEC Form 4 insiders trading

John has made over 19 trades of the Luby`s stock since 2013, according to the Form 4 filled with the SEC. Most recently he exercised 7,500 units of LUB stock worth $13,350 on 6 July 2021.

The largest trade he's ever made was exercising 40,000 units of Luby`s stock on 9 May 2014 worth over $288,800. On average, John trades about 10,884 units every 109 days since 2013. As of 6 July 2021 he still owns at least 20,318 units of Luby`s stock.

You can see the complete history of Mr. Morlock stock trades at the bottom of the page.





John Morlock biography

John Morlock serves as Independent Director of the Company. He was previously Chief Executive Officer of Hale and Hearty for eighteen months where he helped with the successful selling of the company in June of 2019. Prior to that, he served as the Chief Operating Officer of Sbarro, working with company stores as they were converting to a franchise system. From 2002 to 2015 he served as Chief Operating Officer of Potbelly Sandwich Works as they grew from 16 to 450 stores and was instrumental in its initial public offering in 2013. In 1993, Mr. Morlock became a co-owner of Boston Chicken where he served as Senior Vice President of Operations before going on to be its largest franchisee. Following the start of his career in 1977, Mr. Morlock has also held various positions with Steak and Ale restaurants, Grady's Goodtimes, the first and largest Blockbuster franchise, and Blockbuster corporate. Mr. Morlock has been an independent director of the Company since July 2019, Chair of the Compensation Committee, and a member of the Special Committee. Mr. Morlock has over 40 years of restaurant and retail management experience and has been involved with companies both on the franchise and franchisee side. Further, he has been directly involved in both start-up and turnaround situations in the public and private sector, and he been a Chief Operating Officer of a public company as well as the served of 4 privately held board of directors.



How old is John Morlock?

John Morlock is 64, he's been the Independent Director of Luby`s since 2019. There are 6 older and 8 younger executives at Luby`s. The oldest executive at Luby`s, Inc. is Joe McKinney, 73, who is the Independent Director.

What's John Morlock's mailing address?

John's mailing address filed with the SEC is 13111 NORTHWEST FREEWAY, STE. 600, HOUSTON, TX, 77040.

Insiders trading at Luby`s

Over the last 21 years, insiders at Luby`s have traded over $114,406 worth of Luby`s stock and bought 1,910,712 units worth $7,999,994 . The most active insiders traders include Partners Llc Bylinsky Grego..., Christopher James Pappas, and Harris J Pappas. On average, Luby`s executives and independent directors trade stock every 60 days with the average trade being worth of $64,580. The most recent stock trade was executed by Randolph C Read on 6 July 2021, trading 7,500 units of LUB stock currently worth $13,350.



What does Luby`s do?

Luby's, Inc. operates two core restaurant brands: Luby's Cafeterias and Fuddruckers. Luby's is also the franchisor for the Fuddruckers restaurant brand. In addition, through its Luby's Culinary Contract Services business segment, Luby's provides food service management to sites consisting of healthcare, corporate dining locations, sports stadiums, and sales through retail grocery stores. Luby's is operating these businesses pending their sale under its previously announced plan of liquidation and dissolution referenced above.



What does Luby`s's logo look like?

Luby`s, Inc. logo

Complete history of Mr. Morlock stock trades at Potbelly Corp and Luby`s

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
6 Jul 2021 John B Morlock
Director
Option 7,500 $3.84 $28,800
6 Jul 2021
20,318
13 Apr 2016 John B Morlock
SVP - Operations
Option 10,000 $9.60 $96,000
13 Apr 2016
396
1 Mar 2016 John B Morlock
SVP - Operations
Option 10,000 $9.60 $96,000
1 Mar 2016
10,000
22 Feb 2016 John B Morlock
SVP - Operations
Option 15,000 $9.60 $144,000
22 Feb 2016
15,000
25 Nov 2015 John B Morlock
SVP - Operations
Option 10,000 $9.60 $96,000
25 Nov 2015
10,000
20 Nov 2015 John B Morlock
SVP - Operations
Option 12,000 $9.60 $115,200
20 Nov 2015
12,000
14 Aug 2015 John B Morlock
SVP - Operations
Option 3,900 $9.60 $37,440
14 Aug 2015
3,900
14 Aug 2015 John B Morlock
SVP - Operations
Option 3,900 $9.60 $37,440
14 Aug 2015
3,900
13 Aug 2015 John B Morlock
SVP - Operations
Option 6,100 $9.60 $58,560
13 Aug 2015
6,100
13 Aug 2015 John B Morlock
SVP - Operations
Option 6,100 $9.60 $58,560
13 Aug 2015
6,100
15 Jun 2015 John B Morlock
SVP - Operations
Option 15,000 $9.60 $144,000
15 Jun 2015
15,000
15 Jun 2015 John B Morlock
SVP - Operations
Option 15,000 $9.60 $144,000
15 Jun 2015
15,000
9 Apr 2015 John B Morlock
SVP - Operations
Option 30,000 $9.01 $270,300
9 Apr 2015
5,000
20 Feb 2015 John B Morlock
SVP - Operations
Option 22,000 $7.75 $170,500
20 Feb 2015
15,000
30 Dec 2014 John B Morlock
SVP - Operations
Option 13,000 $12.00 $156,000
30 Dec 2014
13,000
28 Oct 2014 John B Morlock
SVP - Operations
Option 12,000 $12.00 $144,000
28 Oct 2014
12,000
9 May 2014 John B Morlock
SVP - Operations
Option 40,000 $7.22 $288,800
9 May 2014
40,000
9 Oct 2013 John B Morlock
SVP - Operations
Sale 11,491 $14.00 $160,874
9 Oct 2013
0
3 Oct 2013 John B Morlock
SVP - Operations
Option 40,000 $8.06 $322,400
3 Oct 2013
40,000


Luby`s executives and stock owners

Luby`s executives and other stock owners filed with the SEC include: