The estimated Net Worth of Michael Lawrence Weinstein is at least $14.7 Million dollars as of 16 January 2020. Mr. Weinstein owns over 2,000 units of Ark Restaurants stock worth over $11,124,190 and over the last 21 years he sold ARKR stock worth over $2,456,721. In addition, he makes $1,144,160 as Chairman of the Board and Chief Executive Officer at Ark Restaurants.
Michael has made over 41 trades of the Ark Restaurants stock since 2003, according to the Form 4 filled with the SEC. Most recently he sold 2,000 units of ARKR stock worth $45,000 on 16 January 2020.
The largest trade he's ever made was buying 40,500 units of Ark Restaurants stock on 3 June 2014 worth over $519,615. On average, Michael trades about 2,938 units every 111 days since 2003. As of 16 January 2020 he still owns at least 942,728 units of Ark Restaurants stock.
You can see the complete history of Mr. Weinstein stock trades at the bottom of the page.
Michael Lawrence Weinstein serves as Chairman of the Board, Chief Executive Officer of the Company. He has been our Chief Executive Officer and a director since our inception in January 1983, was elected Chairman in 2004 and was President of the Company from January 1983 to September 2007. Mr. Weinstein is also an executive officer of each of our subsidiaries. Mr. Weinstein is an officer, director and 29.67% shareholder of RSWB Corp. and a director and 28% owner of BSWR Corp. (since 1998). Mr. Weinstein is also the owner of 30.67% of the membership interests in New Docks LLC. Collectively, these companies operate three restaurants in New York City, and none of these companies is a parent, subsidiary or other affiliate of us. Mr. Weinstein spends substantially all of his business time on Company-related matters.
As the Chairman of the Board and Chief Executive Officer of Ark Restaurants, the total compensation of Michael Weinstein at Ark Restaurants is $1,144,160. There are no executives at Ark Restaurants getting paid more.
Michael Weinstein is 76, he's been the Chairman of the Board and Chief Executive Officer of Ark Restaurants since 2007. There are 5 older and 6 younger executives at Ark Restaurants. The oldest executive at Ark Restaurants Corp. is Stephen Novick, 79, who is the Independent Director.
Michael's mailing address filed with the SEC is C/O ARK RESTAURANTS CORP, 85 FIFTH AVENUE, NEW YORK, NY, 10003.
Over the last 21 years, insiders at Ark Restaurants have traded over $11,728,205 worth of Ark Restaurants stock and bought 483,410 units worth $10,279,308 . The most active insiders traders include Thomas A Jr Satterfield, Capital Partners, Llc Richa..., and Capital Partners, Llc Richa.... On average, Ark Restaurants executives and independent directors trade stock every 53 days with the average trade being worth of $86,954. The most recent stock trade was executed by Thomas A Jr Satterfield on 20 May 2024, trading 18,879 units of ARKR stock currently worth $288,849.
ark restaurants owns and operates 20 restaurants and bars, 21 fast food concepts and catering operations primarily in new york city, florida, washington, d.c. and las vegas, nv. five restaurants are located in new york city, three are located in washington, d.c., six are located in las vegas, nevada, three are located in atlantic city, new jersey, one is located at the foxwoods resort casino in ledyard, connecticut, one is located in boston, massachusetts and one is located in dania beach, florida. the las vegas operations include four restaurants within the new york-new york hotel & casino resort and operation of the hotel's room service, banquet facilities, employee dining room and six food court concepts; one bar within the venetian casino resort, as well as two food court concepts and one restaurant within the planet hollywood resort and casino. in atlantic city, new jersey, the company operates a restaurant and a bar in the resorts atlantic city hotel and casino and a restaurant i
Ark Restaurants executives and other stock owners filed with the SEC include: