Last updated: 15 February 2024 at 9:48pm EST

Richard Harris Net Worth




The estimated Net Worth of Richard E Harris is at least $1.95 Million dollars as of 20 March 2023. Mr. Harris owns over 77,400 units of Ring Inc stock worth over $375,695 and over the last 20 years he sold REI stock worth over $1,576,821. In addition, he makes $0 as Independent Director at Ring Inc.

Mr. Harris REI stock SEC Form 4 insiders trading

Richard has made over 5 trades of the Ring Inc stock since 2012, according to the Form 4 filled with the SEC. Most recently he sold 77,400 units of REI stock worth $136,224 on 20 March 2023.

The largest trade he's ever made was selling 77,400 units of Ring Inc stock on 20 March 2023 worth over $136,224. On average, Richard trades about 3,521 units every 145 days since 2005. As of 20 March 2023 he still owns at least 227,694 units of Ring Inc stock.

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





Richard Harris biography

Richard E. Harris serves as Independent Director of the Company. Mr. Harris holds a Bachelor of Science degree in Mathematics, magna cum laude (1974), and an MBA (1981), both from John Carroll University in University Heights, Ohio. He started his career by entering the Management Development program at The National City Bank of Cleveland in 1974 and remained there until 1979 in a variety of roles including managing a profit center. From 1981 until 1995, Mr. Harris worked for BP America, Inc. (BPA)/SOHIO and held a variety of IT, finance and treasury positions, including a two year assignment working for BP Oil Europe in Brussels, Belgium. His last assignment before leaving BPA in 1995 was as Manager, Business Finance for BP America's downstream oil business. In 1995 Mr. Harris joined Compaq Computer Corporation ("Compaq") and until 1999 was responsible for implementing and leading capital markets, treasury financial planning and merger & acquisition business support. From 1999 until 2002, Mr. Harris was the Assistant Treasurer, Global Treasury at Compaq with responsibility for seven Treasury Departments around the world. In 2003 Mr. Harris joined Cummins Inc. ("Cummins"), and remained with Cummins until he retired in 2015. From 2008 until 2015, Mr. Harris was Vice President, Chief Investment Officer with responsibility for overseeing the sourcing, evaluation and execution of the company's acquisitions, investments, joint ventures and divestments on a global basis. Mr. Harris served as the Secretary of the Finance Committee of the Board of Directors his entire 13 year career with Cummins. Key responsibilities included financial planning, cash management, pension management, as well as foreign exchange and debt hedging activities.



How old is Richard Harris?

Richard Harris is 63, he's been the Independent Director of Ring Inc since 2020. There are 4 older and 11 younger executives at Ring Inc. The oldest executive at Ring Energy Inc is Clayton Woodrum, 79, who is the Independent Director.

What's Richard Harris's mailing address?

Richard's mailing address filed with the SEC is 1725 HUGHES LANDING BLVD., SUITE 900, THE WOODLANDS, TX, 77380.

Insiders trading at Ring Inc

Over the last 11 years, insiders at Ring Inc have traded over $84,901,923 worth of Ring Inc stock and bought 5,177,614 units worth $10,867,130 . The most active insiders traders include Pincus & Co Us, Llc Warburg..., Energy Ii Operating, Llcstr..., and Pincus (E&P) Xii Llc Warbur.... On average, Ring Inc executives and independent directors trade stock every 57 days with the average trade being worth of $1,170,627. The most recent stock trade was executed by John A Crum on 1 December 2023, trading 50,000 units of REI stock currently worth $83,500.



What does Ring Inc do?

company profile management's primary goal is to enhance shareholder value through the growth of underlying proven reserves with an emphasis on positive cash flow. ring energy, inc. (nyse mkt: rei) is a texas-based oil and gas exploration, development and production company with current operations in texas and kansas. founded in 2012, the experienced management team has aggressively sought to acquire select properties in their "back yard" which provides immediate positive cash flow and development opportunities for future years. as of 12/31/13, the company has, through exploitation and acquisitions, increased their proven reserves to an estimated 7.2 million boe's (barrel of oil equivalents) and an estimated $198 million* in pv-10 (future net revenues discounted 10%). ring energy's management understands what is required to build an oil an gas company from the ground up, having successfully done so on more than one occasion. with over 100 years of combined experienc



What does Ring Inc's logo look like?

Ring Energy Inc logo

Complete history of Mr. Harris stock trades at Cummins and Ring Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
20 Mar 2023 Richard E Harris
Director
Sale 77,400 $1.76 $136,224
20 Mar 2023
227,694
16 May 2014 Richard E Harris
Treasurer
Option 3,540 $58.12 $205,745
16 May 2014
13,240
20 Feb 2013 Richard E Harris
Treasurer
Sale 6,000 $113.24 $679,440
20 Feb 2013
9,395
21 Feb 2012 Richard E Harris
Treasurer
Option 5,380 $19.42 $104,480
21 Feb 2012
17,856
15 Feb 2012 Richard E Harris
Treasurer
Sale 6,259 $121.61 $761,157
15 Feb 2012
12,476


Ring Inc executives and stock owners

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