Last updated: 10 January 2024 at 7:57pm EST

Richard Hancock Net Worth




The estimated Net Worth of Richard B Hancock is at least $3.39 Million dollars as of 14 December 2023. Mr. Hancock owns over 23,000 units of Avid Bioservices Inc stock worth over $1,973,726 and over the last 7 years he sold CDMOP stock worth over $638,556. In addition, he makes $774,947 as Director at Avid Bioservices Inc.

Mr. Hancock CDMOP stock SEC Form 4 insiders trading

Richard has made over 32 trades of the Avid Bioservices Inc stock since 2019, according to the Form 4 filled with the SEC. Most recently he bought 23,000 units of CDMOP stock worth $134,780 on 14 December 2023.

The largest trade he's ever made was buying 38,803 units of Avid Bioservices Inc stock on 13 December 2023 worth over $202,164. On average, Richard trades about 6,016 units every 39 days since 2017. As of 14 December 2023 he still owns at least 78,760 units of Avid Bioservices Inc stock.

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





Richard Hancock biography

Richard B. Hancock serves as Director of the Company. He was appointed to the Board of Directors pursuant to the Settlement Agreement on November 27, 2017. Mr. Hancock has worked in the biologic contract development and manufacturing organization (“CDMO”) industry for over 30 years in various operational and executive roles, serving most recently as President and CEO of Althea Technologies, Inc., a large molecule CDMO producing a wide range of biologics, vaccines and parenteral products. In addition to Althea, Mr. Hancock has held senior management positions at The Immune Response Corporation, and Hybritech Inc. (now part of Eli Lilly & Company), and he is currently the Chairman of the Board and Executive Director of Argonaut Manufacturing Services, Inc., a privately-owned CDMO focused on the biotechnology and life sciences industries. Mr. Hancock received a B.A. in Microbiology from Miami University. The Board of Directors concluded that Mr. Hancock should serve as a director in light of his extensive operational and executive management experience in the CDMO industry.

What is the salary of Richard Hancock?

As the Director of Avid Bioservices Inc, the total compensation of Richard Hancock at Avid Bioservices Inc is $774,947. There are 2 executives at Avid Bioservices Inc getting paid more, with Mark Ziebell having the highest compensation of $1,085,620.



How old is Richard Hancock?

Richard Hancock is 61, he's been the Director of Avid Bioservices Inc since 2020. There are 2 older and 7 younger executives at Avid Bioservices Inc. The oldest executive at Avid Bioservices Inc is Joseph Carleone, 74, who is the Independent Non-Executive Chairman of the Board.

What's Richard Hancock's mailing address?

Richard's mailing address filed with the SEC is 14191, Myford Road, Walnut, Tustin, Orange County, California, 92780, United States.

Insiders trading at Avid Bioservices Inc

Over the last 7 years, insiders at Avid Bioservices Inc have traded over $326,500 worth of Avid Bioservices Inc stock and bought 164,445 units worth $426,401 . The most active insiders traders include Gregory Sargen, Mark R Bamforth, and Richard B Hancock. On average, Avid Bioservices Inc executives and independent directors trade stock every 95 days with the average trade being worth of $895,669. The most recent stock trade was executed by Richard B Hancock on 10 September 2019, trading 10,000 units of CDMOP stock currently worth $50,900.



What does Avid Bioservices Inc do?



What does Avid Bioservices Inc's logo look like?

Avid Bioservices Inc logo

Complete history of Mr. Hancock stock trades at Avid Bioservices Inc and Avid Bioservices Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
14 Dec 2023 Richard B Hancock
Director
Buy 23,000 $5.86 $134,780
14 Dec 2023
78,760
13 Dec 2023 Richard B Hancock
Director
Buy 38,803 $5.21 $202,164
13 Dec 2023
117,563
10 Jul 2023 Richard B Hancock
Director
Option 7,014 $14.04 $98,477
10 Jul 2023
46,148
6 Jun 2023 Richard B Hancock
Director
Sale 5,000 $16.37 $81,850
6 Jun 2023
39,134
7 May 2023 Richard B Hancock
Director
Option 4,988 $18.54 $92,478
7 May 2023
44,122
1 May 2023 Richard B Hancock
Director
Option 5,000 $4.67 $23,350
1 May 2023
44,134
3 Apr 2023 Richard B Hancock
Director
Option 5,000 $4.67 $23,350
3 Apr 2023
44,134
1 Mar 2023 Richard B Hancock
Director
Option 5,000 $4.67 $23,350
1 Mar 2023
44,134
1 Feb 2023 Richard B Hancock
Director
Option 5,000 $4.67 $23,350
1 Feb 2023
44,134
12 Jan 2023 Richard B Hancock
Director
Sale 5,000 $16.00 $80,000
12 Jan 2023
39,134
14 Dec 2022 Richard B Hancock
Director
Option 4,632 $14.30 $66,238
14 Dec 2022
41,513
2 Dec 2022 Richard B Hancock
Director
Option 10,000 $4.53 $45,300
2 Dec 2022
46,881
3 Oct 2022 Richard B Hancock
Director
Option 5,000 $4.57 $22,850
3 Oct 2022
38,246
1 Sep 2022 Richard B Hancock
Director
Sale 3,321 $17.12 $56,856
1 Sep 2022
36,881
1 Aug 2022 Richard B Hancock
Director
Sale 5,000 $19.40 $97,000
1 Aug 2022
37,215
10 Jul 2022 Richard B Hancock
Director
Option 7,014 $18.10 $126,953
10 Jul 2022
42,215
5 Jul 2022 Richard B Hancock
Director
Option 5,000 $4.53 $22,650
5 Jul 2022
40,201
24 Jun 2022 Richard B Hancock
Director
Sale 10,000 $16.05 $160,500
24 Jun 2022
35,201
7 May 2022 Richard B Hancock
Director
Option 4,988 $12.63 $62,998
7 May 2022
40,188
1 Apr 2022 Richard B Hancock
Director
Option 5,000 $4.67 $23,350
1 Apr 2022
40,200
1 Mar 2022 Richard B Hancock
Director
Option 5,000 $4.67 $23,350
1 Mar 2022
40,200
1 Feb 2022 Richard B Hancock
Director
Option 5,000 $4.62 $23,100
1 Feb 2022
36,822
3 Jan 2022 Richard B Hancock
Director
Option 5,000 $4.53 $22,650
3 Jan 2022
40,200
14 Dec 2021 Richard B Hancock
Director
Option 2,379 $25.04 $59,570
14 Dec 2021
35,200
1 Dec 2021 Richard B Hancock
Director
Option 5,000 $4.53 $22,650
1 Dec 2021
37,821
15 Nov 2021 Richard B Hancock
Director
Sale 5,000 $32.47 $162,350
15 Nov 2021
32,821
10 Jul 2021 Richard B Hancock
Director
Option 7,013 $26.03 $182,548
10 Jul 2021
37,808
7 May 2021 Richard B Hancock
Director
Option 4,987 $20.30 $101,236
7 May 2021
30,795
7 May 2020 Richard B Hancock
Director
Option 4,987 $6.22 $31,019
7 May 2020
27,487
13 Mar 2020 Richard B Hancock
Director
Buy 12,500 $3.99 $49,875
13 Mar 2020
22,500
10 Sep 2019 Richard B Hancock
Director
Buy 10,000 $5.09 $50,900
10 Sep 2019
10,000
10 Sep 2019 Richard B Hancock
Interim President and CEO
Buy 10,000 $5.09 $50,900
10 Sep 2019
10,000


Avid Bioservices Inc executives and stock owners

Avid Bioservices Inc executives and other stock owners filed with the SEC include: