Last updated: 4 June 2024 at 6:36pm EST

David Paterson Net Worth




The estimated Net Worth of David A Paterson is at least $3.96 Million dollars as of 1 June 2024. Mr. Paterson owns over 94,643 units of Newpark Resources stock worth over $2,901,684 and over the last 5 years he sold NR stock worth over $0. In addition, he makes $1,057,510 as Vice President and President of Fluids Systems at Newpark Resources.

Mr. Paterson NR stock SEC Form 4 insiders trading

David has made over 5 trades of the Newpark Resources stock since 2021, according to the Form 4 filled with the SEC. Most recently he exercised 94,643 units of NR stock worth $669,126 on 1 June 2024.

The largest trade he's ever made was exercising 99,574 units of Newpark Resources stock on 1 June 2023 worth over $703,988. On average, David trades about 28,862 units every 91 days since 2019. As of 1 June 2024 he still owns at least 410,422 units of Newpark Resources stock.

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





David Paterson biography

David A. Paterson serves as Vice President and President of Fluids Systems of the Company. He joined us in July 2019 as Division President - Fluids Systems. From October 2018 to July 2019, Mr. Paterson served as President - Pressure Pumping of Weir Oil and Gas. From December 1995 to October 2018, he served in varying roles for Schlumberger including President - Artificial Lift, President - Geoservices and Vice President - Drilling Group Asia. During this time until 2009, he worked in the M-I SWACO Joint Venture and held numerous assignments of progressing responsibility.

What is the salary of David Paterson?

As the Vice President and President of Fluids Systems of Newpark Resources, the total compensation of David Paterson at Newpark Resources is $1,057,510. There are 4 executives at Newpark Resources getting paid more, with Paul Howes having the highest compensation of $2,852,380.



How old is David Paterson?

David Paterson is 48, he's been the Vice President and President of Fluids Systems of Newpark Resources since 2019. There are 15 older and 1 younger executives at Newpark Resources. The oldest executive at Newpark Resources, Inc. is Anthony Best, 70, who is the Independent Chairman of the Board.

What's David Paterson's mailing address?

David's mailing address filed with the SEC is 9320 LAKESIDE BOULEVARD, SUITE 100, THE WOODLANDS, TX, 77381.

Insiders trading at Newpark Resources

Over the last 21 years, insiders at Newpark Resources have traded over $7,469,707 worth of Newpark Resources stock and bought 475,956 units worth $1,322,606 . The most active insiders traders include Paul L Howes, Gregg Piontek, and Matthew Lanigan. On average, Newpark Resources executives and independent directors trade stock every 46 days with the average trade being worth of $332,382. The most recent stock trade was executed by Matthew Lanigan on 1 September 2024, trading 33,333 units of NR stock currently worth $235,664.



What does Newpark Resources do?

newpark resources, inc., publicly traded on the nyse (symbol nr), is a uniquely positioned oilfield services company focused on two distinct business segments: drilling fluids and mats and integrated services. the company was founded in 1932, and its corporate headquarters is located in the woodlands, tx. newpark drilling fluids (ndf) is the largest business unit, having commenced operations in 1997. as the only remaining service company whose primary focus is drilling fluids, ndf has become the third largest drilling fluids company serving the north american market. newpark mats and integrated services (nmis) provides temporary work sites and access roads to drilling sites, as well as site closure and remediation upon completion of operations. nmis is the dominant player in mat rental and integrated site services, with the dura-base™ composite mat system, which provides a safe, cost-effective surface for year-round all weather performance. newpark resources’ significant status in thes



What does Newpark Resources's logo look like?

Newpark Resources, Inc. logo

Complete history of Mr. Paterson stock trades at Newpark Resources

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Jun 2024 David A Paterson
Vice President, President, and Fluids Systems
Option 94,643 $8.48 $802,573
1 Jun 2024
410,422
1 Jun 2023 David A Paterson
Vice President, President, and Fluids Systems
Option 99,574 $3.67 $365,437
1 Jun 2023
285,437
1 Jun 2022 David A Paterson
Vice President, President, and Fluids Systems
Option 68,956 $4.48 $308,923
1 Jun 2022
218,821
15 Jul 2021 David A Paterson
Vice President, President, and Fluids Systems
Option 50,000 $2.93 $146,500
15 Jul 2021
170,116
1 Jun 2021 David A Paterson
Vice President, President, and Fluids Systems
Option 33,167 $3.51 $116,416
1 Jun 2021
133,167


Newpark Resources executives and stock owners

Newpark Resources executives and other stock owners filed with the SEC include: