The estimated Net Worth of Scott D Weaver is at least $37.5 Million dollars as of 1 June 2017. Mr. Weaver owns over 3,171 units of Encore Wire stock worth over $36,677,513 and over the last 19 years he sold WIRE stock worth over $742,525. In addition, he makes $101,810 as Independent Director at Encore Wire.
Scott has made over 7 trades of the Encore Wire stock since 2006, according to the Form 4 filled with the SEC. Most recently he exercised 3,171 units of WIRE stock worth $919,083 on 1 June 2017.
The largest trade he's ever made was buying 46,019 units of Encore Wire stock on 16 May 2016 worth over $999,993. On average, Scott trades about 7,110 units every 238 days since 2006. As of 1 June 2017 he still owns at least 126,544 units of Encore Wire stock.
You can see the complete history of Mr. Weaver stock trades at the bottom of the page.
Scott D. Weaver serves as Independent Director of the Company. Mr. Weaver served as a director of Western Refining, Inc., a public refining and marketing company located in El Paso, Texas from 2005 until it was sold in June 2017. Mr. Weaver served as Vice President of Western Refining from December 2007 until December 2016. From August 2009 to January 2010, Mr. Weaver served as interim Treasurer of Western Refining. From August 2005 to December 2007, Mr. Weaver served as Chief Administrative Officer of Western Refining and from June 2000 to August 2005, Mr. Weaver served as Chief Financial Officer of Western Refining. From 1993 until June 2000, Mr. Weaver was the Vice President-Finance, Treasurer and Secretary of Encore Wire. Mr. Weaver also served on the board of managers of Western Refining Logistics GP, LLC, the general partner of Western Refining Logistics, L.P., a publicly-traded master limited partnership with logistics operations in the oil and gas industry until June 2017, and he served on the board of managers of Northern Tier Energy GP LLC from 2013 until 2016. Mr. Weaver was selected as a nominee to serve as a director of the Company due to his valuable knowledge of the building wire industry and familiarity with the Company gained while serving as an officer of the Company and his extensive knowledge of finance and public accounting.
As the Independent Director of Encore Wire, the total compensation of Scott Weaver at Encore Wire is $101,810. There are 3 executives at Encore Wire getting paid more, with Daniel Jones having the highest compensation of $2,883,950.
Scott Weaver is 61, he's been the Independent Director of Encore Wire since 2002. There are 2 older and 5 younger executives at Encore Wire. The oldest executive at Encore Wire Corp. is John Wilson, 77, who is the Lead Independent Director.
Scott's mailing address filed with the SEC is 1329, Millwood Road, McKinney, Collin County, Texas, 75069, United States.
Over the last 21 years, insiders at Encore Wire have traded over $110,656,209 worth of Encore Wire stock and bought 82,261 units worth $258,941,599 . The most active insiders traders include Southwest Corp Capital, Vincent A Rego, and Daniel L Jones. On average, Encore Wire executives and independent directors trade stock every 73 days with the average trade being worth of $13,565,092. The most recent stock trade was executed by Daniel L Jones on 20 June 2024, trading 125,000 units of WIRE stock currently worth $5,231,250.
encore wire (www.encorewire.com) is a leading manufacturer of residential, commercial and industrial copper and aluminum electrical building wire. encore wire’s 425-acre single-campus and over 2.1 million sq. ft. under roof allows for deep inventory levels and unmatched delivery times. our innovative wire pulling solutions, award-winning colored wire and metal-clad and armored clad smartcolorid identification system promote cost and labor savings and safety.
Encore Wire executives and other stock owners filed with the SEC include: