The estimated Net Worth of D Michael Cockrell is at least $24.1 Million dollars as of 22 December 2021. Mr. Cockrell owns over 16,500 units of Sanderson Farms stock worth over $20,126,232 and over the last 21 years he sold SAFM stock worth over $2,779,793. In addition, he makes $1,217,470 as Chief Financial Officer, Treasurer, Chief Legal Officer, and Director at Sanderson Farms.
David has made over 25 trades of the Sanderson Farms stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 16,500 units of SAFM stock worth $3,366,000 on 22 December 2021.
The largest trade he's ever made was exercising 19,600 units of Sanderson Farms stock on 31 October 2011 worth over $3,998,400. On average, David trades about 2,559 units every 75 days since 2003. As of 22 December 2021 he still owns at least 98,658 units of Sanderson Farms stock.
You can see the complete history of Mr. Cockrell stock trades at the bottom of the page.
David Michael Cockrell J.D. serves as Chief Financial Officer, Treasurer, Chief Legal Officer, Director of the Company. Mr. Cockrell’s more than 20 years of experience as the CFO of our Company during our significant internal growth, and his management of our financial condition through the cycles of profitability that characterize our industry, provide the Board with a depth of knowledge about our financial management. Mr. Cockrell oversees or has a key role in many aspects of our operations and management that are not typical for chief financial officers of public companies, including legal matters, investor relations, corporate responsibility reporting, our grain purchasing strategy, and risk management. He contributes a broad perspective on our operations to the Board process. Mr. Cockrell has played a key role in the mentoring and training of our “next generation” of managers, which has assisted the Board in its oversight of management succession issues.
As the Chief Financial Officer, Treasurer, Chief Legal Officer, and Director of Sanderson Farms, the total compensation of David Cockrell at Sanderson Farms is $1,217,470. There are 3 executives at Sanderson Farms getting paid more, with Joe Sanderson having the highest compensation of $4,147,890.
David Cockrell is 62, he's been the Chief Financial Officer, Treasurer, Chief Legal Officer, and Director of Sanderson Farms since 1998. There are 14 older and 5 younger executives at Sanderson Farms. The oldest executive at Sanderson Farms, Inc. is John Baker, 78, who is the Independent Director.
D's mailing address filed with the SEC is 127, Flynt Road, Laurel, Jones County, Mississippi, 39443, United States of America.
Over the last 21 years, insiders at Sanderson Farms have traded over $163,105,297 worth of Sanderson Farms stock and bought 45,300 units worth $1,397,739 . The most active insiders traders include Joe F Jr Sanderson, Robert Buck Sanderson, and Hugh V Sanderson. On average, Sanderson Farms executives and independent directors trade stock every 29 days with the average trade being worth of $4,421,088. The most recent stock trade was executed by Tim Rigney on 22 July 2022, trading 3,122 units of SAFM stock currently worth $636,888.
Sanderson Farms, Inc., founded in 1947, is engaged in the production, processing, marketing and distribution of fresh and frozen chicken and other prepared food items. Employing more than 15,000 employees in operations spanning five states and 17 different cities, Sanderson Farms is the third largest poultry producer in the United States. As a company, Sanderson Farms is committed to adopting a fresh approach in everything that we do, not only where products are concerned, but companywide, as well. Though the company has grown in size, it still adheres to the same hometown values of honesty, integrity and innovation that were established when the Sanderson family founded the company back in 1947.
Sanderson Farms executives and other stock owners filed with the SEC include: