Last updated: 9 September 2024 at 4:21pm EST

Philip Gay Net Worth




The estimated Net Worth of Philip Gay is at least $195 Thousand dollars as of 17 June 2024. Mr. Gay owns over 5,000 units of Motorcar Parts of America stock worth over $27,450 and over the last 20 years he sold MPAA stock worth over $0. In addition, he makes $168,000 as Independent Director at Motorcar Parts of America.

Mr. Gay MPAA stock SEC Form 4 insiders trading

Philip has made over 17 trades of the Motorcar Parts of America stock since 2014, according to the Form 4 filled with the SEC. Most recently he bought 5,000 units of MPAA stock worth $26,750 on 17 June 2024.

The largest trade he's ever made was exercising 25,000 units of Motorcar Parts of America stock on 14 February 2014 worth over $186,250. On average, Philip trades about 2,091 units every 97 days since 2004. As of 17 June 2024 he still owns at least 5,000 units of Motorcar Parts of America stock.

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





Philip Gay biography

Philip Gay CPA serves as Independent Director of the Company. Mr. Gay joined our Board of Directors on November 30, 2004. He chairs our Audit Committees and is a member of our Compensation and Nominating and Corporate Governance Committees. Mr. Gay currently serves as Managing Director of Triple Enterprises, a business advisory service firm that assists mid-cap sized companies with financing, mergers and acquisitions and strategic financing, which he had previously managed from March 2000 until June 2004. From April 2018, Mr Gay has served as Co CEO of Giggles N Hugs, Inc., a publicly-traded company. From March 2015 to May 2015 Mr. Gay served as a director and chief executive officer at Diego Pellicer Worldwide Inc., a publicly-traded company. From July 2006 until June 2010, Mr. Gay served as President, Chief Executive Officer and a Director of Grill Concepts, Inc., a company that operates a chain of upscale casual restaurants throughout the United States. From March 2000 to November 2001, Mr. Gay served as an independent consultant with El Paso Energy from time to time and assisted El Paso Energy with its efforts to reduce overall operating and manufacturing overhead costs. Previously he has served as chief financial officer for California Pizza Kitchen (1987 to 1994) and Wolfgang Puck Food Company (1994 to 1996), and he has held various Chief Operating Officer and Chief Executive Officer positions at Color Me Mine and Diversified Food Group from 1996 to 2000. Mr. Gay is also a retired Certified Public Accountant, a former audit manager at Laventhol and Horwath and a graduate of the London School of Economics. Mr. Gay’s leadership experience, general business knowledge, financial literacy and expertise, accounting skills and competency and overall financial acumen have led the Board of Directors to conclude that he should serve as a director of our Company.

What is the salary of Philip Gay?

As the Independent Director of Motorcar Parts of America, the total compensation of Philip Gay at Motorcar Parts of America is $168,000. There are 9 executives at Motorcar Parts of America getting paid more, with Selwyn Joffe having the highest compensation of $3,086,940.



How old is Philip Gay?

Philip Gay is 62, he's been the Independent Director of Motorcar Parts of America since 2004. There are 7 older and 10 younger executives at Motorcar Parts of America. The oldest executive at Motorcar Parts of America Inc. is Rudolph Borneo, 79, who is the Independent Director.

What's Philip Gay's mailing address?

Philip's mailing address filed with the SEC is C/O MOTORCAR PARTS OF AMERICA, INC., 2929 CALIFORNIA STREET, TORRANCE, CA, 90503.

Insiders trading at Motorcar Parts of America

Over the last 21 years, insiders at Motorcar Parts of America have traded over $28,017,363 worth of Motorcar Parts of America stock and bought 1,050,266 units worth $7,367,081 . The most active insiders traders include Mel Marks, Joffe Selwyn, and Scott Joseph Adelson. On average, Motorcar Parts of America executives and independent directors trade stock every 22 days with the average trade being worth of $82,081. The most recent stock trade was executed by Capital Llc325 Capital Gp, ... on 27 August 2024, trading 57,797 units of MPAA stock currently worth $390,130.



What does Motorcar Parts of America do?

motorcar parts of america, inc. is a remanufacturer, manufacturer and distributor of automotive aftermarket parts -- including alternators, starters, wheel hub assembly and brake master cylinder products utilized in imported and domestic passenger vehicles, light trucks and heavy duty applications. motorcar parts of america’s products are sold to automotive retail outlets and the professional repair market throughout the united states and canada, with facilities located in california, mexico, malaysia and china; and administrative offices located in california, tennessee, mexico, singapore, malaysia and toronto. saving resources for future generations. remanufacturing is the most efficient process for replacement parts – potentially reducing material and energy consumption by as much as 91% versus traditional manufacturing.* mpa’s reclaims and reconditions all non-wearing parts during the remanufacturing process. by recovering these components, mpa saves both the energy and material to



What does Motorcar Parts of America's logo look like?

Motorcar Parts of America Inc. logo

Complete history of Mr. Gay stock trades at Motorcar Parts of America

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
17 Jun 2024 Philip Gay
Buy 5,000 $5.35 $26,750
17 Jun 2024
5,000
14 Nov 2023 Philip Gay
Option 6,596 $8.74 $57,649
14 Nov 2023
42,576
9 Oct 2023 Philip Gay
Option 1,375 $7.61 $10,464
9 Oct 2023
35,980
9 Oct 2022 Philip Gay
Option 7,752 $15.32 $118,761
9 Oct 2022
34,605
23 Aug 2022 Philip Gay
Option 3,000 $6.48 $19,440
23 Aug 2022
26,853
9 Oct 2021 Philip Gay
Option 3,752 $20.32 $76,241
9 Oct 2021
23,853
25 Aug 2021 Philip Gay
Option 3,000 $7.43 $22,290
25 Aug 2021
20,101
9 Oct 2020 Philip Gay
Option 2,945 $15.75 $46,384
9 Oct 2020
17,101
17 Aug 2020 Philip Gay
Option 3,000 $12.17 $36,510
17 Aug 2020
16,204
9 Oct 2019 Philip Gay
Option 2,143 $15.46 $33,131
9 Oct 2019
13,204
29 Aug 2019 Philip Gay
Option 3,000 $5.20 $15,600
29 Aug 2019
11,061
21 Sep 2018 Philip Gay
Option 3,000 $4.20 $12,600
21 Sep 2018
6,387
21 Jun 2017 Philip Gay
Option 3,000 $11.75 $35,250
21 Jun 2017
5,282
22 Jun 2016 Philip Gay
Option 3,000 $14.50 $43,500
22 Jun 2016
4,184
22 Jun 2016 Philip Gay
Option 3,000 $14.50 $43,500
22 Jun 2016
4,184
19 Jun 2015 Philip Gay
Option 3,000 $9.90 $29,700
19 Jun 2015
3,592
14 Feb 2014 Philip Gay
Option 25,000 $7.45 $186,250
14 Feb 2014
25,000


Motorcar Parts of America executives and stock owners

Motorcar Parts of America executives and other stock owners filed with the SEC include: