Last updated: 24 March 2022 at 6:07pm EST

Michael Shanley Net Worth




The estimated Net Worth of Michael Patrick Shanley is at least $17.9 Million dollars as of 28 February 2022. Mr. Shanley owns over 22,664 units of Reliance stock worth over $6,839,800 and over the last 9 years he sold RS stock worth over $7,226,896. In addition, he makes $3,875,000 as Senior Vice President - Operations at Reliance.

Mr. Shanley RS stock SEC Form 4 insiders trading

Michael has made over 8 trades of the Reliance stock since 2016, according to the Form 4 filled with the SEC. Most recently he sold 22,664 units of RS stock worth $4,226,836 on 28 February 2022.

The largest trade he's ever made was selling 22,664 units of Reliance stock on 28 February 2022 worth over $4,226,836. On average, Michael trades about 2,397 units every 84 days since 2016. As of 28 February 2022 he still owns at least 25,126 units of Reliance stock.

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





Michael Shanley biography

Michael P. Shanley is the Senior Vice President, Operations of Company. He was appointed Senior Vice President, Operations in April 2015. Mr. Shanley was president of Liebovich Bros., Inc., a subsidiary of Reliance, since September 2009, having been vice president and general manager of Hagerty Steel and Aluminum, a division of Liebovich Bros., from January 2005 to September 2009. Mr. Shanley joined Liebovich Bros. in 1978 and held various sales and management positions prior to 2005. Mr. Shanley has more than 38 years of metals service center industry experience.

What is the salary of Michael Shanley?

As the Senior Vice President - Operations of Reliance, the total compensation of Michael Shanley at Reliance is $3,875,000. There are 4 executives at Reliance getting paid more, with James Hoffman having the highest compensation of $13,770,000.



How old is Michael Shanley?

Michael Shanley is 62, he's been the Senior Vice President - Operations of Reliance since 2015. There are 6 older and 16 younger executives at Reliance. The oldest executive at Reliance Inc. is Andrew Sharkey, 73, who is the Independent Director.

What's Michael Shanley's mailing address?

Michael's mailing address filed with the SEC is 350 SOUTH GRAND AVENUE, SUITE 5100, LOS ANGELES, CA, 90071.

Insiders trading at Reliance

Over the last 21 years, insiders at Reliance have traded over $206,517,036 worth of Reliance stock and bought 69,500 units worth $2,065,670 . The most active insiders traders include David H Hannah, Gregg J Mollins, and Karla R Lewis. On average, Reliance executives and independent directors trade stock every 27 days with the average trade being worth of $3,405,200. The most recent stock trade was executed by Stephen Paul Koch on 31 May 2024, trading 20,421 units of RS stock currently worth $6,031,955.



What does Reliance do?

reliance steel & aluminum co. (nyse:rs) headquartered in los angeles, california, is the largest metals service center company in north america. through a network of more than 300 locations in 39 states and 12 countries outside of the united states, the company provides value-added metals processing services and distributes a full line of over 100,000 metal products. these products include galvanized, hot-rolled and cold-finished steel, stainless steel, aluminum, brass, copper, titanium and alloy steel sold to more than 125,000 customers in a broad range of industries. some of these metals service centers provide processing services for specialty metals only. in the mid-1970's, the company began to establish specialty metals centers stocked with inventories of selected metals and equipped with automated materials handling and precision cutting equipment. beginning in the early 1990's, owners of successful service center companies started to sell these companies as they were reaching re



What does Reliance's logo look like?

Reliance Inc. logo

Complete history of Mr. Shanley stock trades at Reliance

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
28 Feb 2022 Michael Patrick Shanley
Sr. VP and Operations
Sale 22,664 $186.50 $4,226,836
28 Feb 2022
25,126
6 Nov 2020 Michael Patrick Shanley
Sr. VP and Operations
Sale 3,787 $112.24 $425,053
6 Nov 2020
28,501
3 Dec 2019 Michael Patrick Shanley
Sr. VP and Operations
Sale 6,040 $116.30 $702,452
3 Dec 2019
16,147
29 Apr 2019 Michael Patrick Shanley
Sr. VP and Operations
Sale 7,385 $91.55 $676,097
29 Apr 2019
22,187
25 Feb 2019 Michael Patrick Shanley
Sr. VP and Operations
Sale 8,870 $90.62 $803,799
25 Feb 2019
23,392
6 Jun 2018 Michael Patrick Shanley
Sr. VP and Operations
Sale 4,069 $96.50 $392,659
6 Jun 2018
27,890
25 May 2016 Michael Patrick Shanley
Sr. VP and Operations
Option 5,500 $55.73 $306,515
25 May 2016
23,872
2 Mar 2016 Michael Patrick Shanley
Sr. VP and Operations
Option 4,000 $39.96 $159,840
2 Mar 2016
15,309


Reliance executives and stock owners

Reliance executives and other stock owners filed with the SEC include: