Last updated: 12 March 2024 at 5:54pm EST

Mahesh Patel Net Worth




The estimated Net Worth of Mahesh V. Patel is at least $1.39 Million dollars as of 25 May 2023. Mahesh Patel owns over 8,706 units of Lipocine Inc stock worth over $421,079 and over the last 11 years he sold LPCN stock worth over $0. In addition, he makes $966,397 as Chairman of the Board, President, and Chief Executive Officer at Lipocine Inc.

Mahesh Patel LPCN stock SEC Form 4 insiders trading

Mahesh has made over 21 trades of the Lipocine Inc stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 8,706 units of LPCN stock worth $43,791 on 25 May 2023.

The largest trade he's ever made was exercising 267,978 units of Lipocine Inc stock on 4 December 2020 worth over $1,050,474. On average, Mahesh trades about 28,623 units every 82 days since 2013. As of 25 May 2023 he still owns at least 107,418 units of Lipocine Inc stock.

You can see the complete history of Mahesh Patel stock trades at the bottom of the page.





Mahesh Patel biography

Dr. Mahesh V. Patel, Ph.D., is Chairman of the Board, President, Chief Executive Officer of Lipocine Inc. He has served as Company's President and Chief Executive Officer since 1997 and as a member of Company's Board of Directors since 1997. Dr. Patel has more than 25 years of experience in strategic planning, technology assessment / development, technical management and product research and development in the area of drug discovery support, drug delivery and product line extensions. Prior to co-founding Lipocine in 1997, he led drug delivery research and development at Pharmacia and Upjohn. Dr. Patel received a B.Pharm from Karnataka University in India, a M.S. in Physical Pharmacy at the University of Cincinnati and a Ph.D. in Pharmaceutics from the University of Utah.

What is the salary of Mahesh Patel?

As the Chairman of the Board, President, and Chief Executive Officer of Lipocine Inc, the total compensation of Mahesh Patel at Lipocine Inc is $966,397. There are no executives at Lipocine Inc getting paid more.



How old is Mahesh Patel?

Mahesh Patel is 57, he's been the Chairman of the Board, President, and Chief Executive Officer of Lipocine Inc since 2014. There are 5 older and 7 younger executives at Lipocine Inc. The oldest executive at Lipocine Inc is Dr. Mahesh V. Patel Ph.D., 64, who is the Co-Founder, Interim Principal Financial Officer, Chairman, Pres & CEO.

What's Mahesh Patel's mailing address?

Mahesh's mailing address filed with the SEC is 675 ARAPEEN DR SUITE 202, , SALT LAKE CITY, UT, 84108.

Insiders trading at Lipocine Inc

Over the last 11 years, insiders at Lipocine Inc have traded over $9,045 worth of Lipocine Inc stock and bought 890,945 units worth $696,169 . The most active insiders traders include Mahesh V. Patel, John W. Higuchi, and Morgan R Brown. On average, Lipocine Inc executives and independent directors trade stock every 72 days with the average trade being worth of $148,846. The most recent stock trade was executed by Mahesh V. Patel on 25 May 2023, trading 8,706 units of LPCN stock currently worth $43,791.



What does Lipocine Inc do?

lipocine inc., a specialty pharmaceutical company, develops and commercializes pharmaceutical products. the company develops drugs based on hydroance, a drug delivery technology. it primarily focuses on developing oral versions of several hormones for use in men and women health. the company’s lipid-based technology platform offers non-invasive delivery solutions for small polar organics and macromolecules. it also offers custom drugs for pharmaceutical/biotechnology companies. lipocine inc. was founded in 1997 and is headquartered in salt lake city, utah.



What does Lipocine Inc's logo look like?

Lipocine Inc logo

Complete history of Mahesh Patel stock trades at Lipocine Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
25 May 2023 Mahesh V. Patel
CEO and President
Buy 8,706 $5.03 $43,791
25 May 2023
107,418
24 Mar 2023 Mahesh V. Patel
CEO and President
Buy 150,000 $0.32 $48,000
24 Mar 2023
1,678,090
17 Mar 2023 Mahesh V. Patel
CEO and President
Buy 50,000 $0.33 $16,500
17 Mar 2023
1,528,090
14 Nov 2022 Mahesh V. Patel
CEO and President
Buy 75,000 $0.39 $29,250
14 Nov 2022
1,478,090
27 Sep 2022 Mahesh V. Patel
CEO and President
Buy 100,000 $0.41 $41,000
27 Sep 2022
1,403,090
16 May 2022 Mahesh V. Patel
CEO and President
Buy 50,000 $0.77 $38,500
16 May 2022
1,303,090
18 Nov 2021 Mahesh V. Patel
CEO and President
Buy 25,000 $1.09 $27,250
18 Nov 2021
1,253,090
15 Dec 2020 Mahesh V. Patel
CEO and President
Option 45,000 $1.37 $61,650
15 Dec 2020
1,243,090
4 Dec 2020 Mahesh V. Patel
CEO and President
Option 267,978 $1.54 $412,686
4 Dec 2020
1,198,090
31 Dec 2019 Mahesh V. Patel
CEO and President
Buy 40,000 $0.38 $15,200
31 Dec 2019
973,612
10 Dec 2019 Mahesh V. Patel
CEO and President
Buy 25,000 $0.40 $10,000
10 Dec 2019
933,612
4 Dec 2019 Mahesh V. Patel
CEO and President
Option 145,000 $0.41 $59,929
4 Dec 2019
952,112
26 Nov 2019 Mahesh V. Patel
CEO and President
Buy 25,000 $0.43 $10,750
26 Nov 2019
807,112
18 Nov 2019 Mahesh V. Patel
CEO and President
Buy 50,000 $0.40 $20,000
18 Nov 2019
782,112
29 Dec 2017 Mahesh V. Patel
CEO and President
Option 15,000 $3.44 $51,600
29 Dec 2017
728,112
30 Sep 2015 Mahesh V. Patel
CEO and President
Buy 4,000 $11.84 $47,360
30 Sep 2015
887,632
30 Sep 2015 Mahesh V. Patel
CEO and President
Buy 4,000 $11.84 $47,360
30 Sep 2015
887,632
25 Nov 2014 Mahesh V. Patel
CEO and President
Buy 2,000 $5.10 $10,200
25 Nov 2014
885,632
24 Nov 2014 Mahesh V. Patel
CEO and President
Buy 2,000 $5.45 $10,900
24 Nov 2014
883,632
14 Nov 2014 Mahesh V. Patel
CEO and President
Buy 2,000 $5.06 $10,120
14 Nov 2014
881,632
13 Nov 2014 Mahesh V. Patel
CEO and President
Buy 2,000 $5.05 $10,100
13 Nov 2014
879,632


Lipocine Inc executives and stock owners

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