Last updated: 15 December 2023 at 9:42am EST

David Nierenberg Net Worth




The estimated Net Worth of David Nierenberg is at least $22 Million dollars as of 14 December 2023. Mr. Nierenberg owns over 19,481 units of Flotek Industries Inc stock worth over $216,540 and over the last 22 years he sold FTK stock worth over $21,563,242. In addition, he makes $179,667 as Independent Director at Flotek Industries Inc.

Mr. Nierenberg FTK stock SEC Form 4 insiders trading

David has made over 48 trades of the Flotek Industries Inc stock since 2003, according to the Form 4 filled with the SEC. Most recently he bought 19,481 units of FTK stock worth $72,469 on 14 December 2023.

The largest trade he's ever made was buying 1,000,000 units of Flotek Industries Inc stock on 11 March 2020 worth over $970,000. On average, David trades about 84,521 units every 94 days since 2003. As of 14 December 2023 he still owns at least 47,907 units of Flotek Industries Inc stock.

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





David Nierenberg biography

David Nierenberg J.D. serves as Independent Director of the Company. He joined the Board as a Director in June 2018. Mr. Nierenberg has been a member of the Compensation Committee and Corporate Governance and Nominating Committee since June 2018. Since January 1996, Mr. Nierenberg has served as the President of Nierenberg Investment Management Company, Inc. (“NIMCO”), which manages the D3 Family Funds. Several of the D3 Family Funds are stockholders of the Company. Before founding NIMCO in 1996, Mr. Nierenberg was a General Partner at Trinity Ventures, a venture capital fund. Mr. Nierenberg began his career at Bain & Company Inc., where he was a Partner, managing strategy, acquisition, and cost reduction projects. He serves as Chair for the Advisory Board of the Ira M. Millstein Center for Global Markets and Corporate Ownership at Columbia Law School. Mr. Nierenberg chairs the Research Advisory Council of Glass, Lewis & Co. He is also a member of the board of the Washington State Investment Board, Riverview Bancorp (NYSE: RVSB), Rosetta Stone (NYSE: RST), The National WWII Museum, STAND for Children, and IRAP. Mr. Nierenberg previously served as a director for Electro Scientific Industries, Inc. (NASDAQ: ESIO) and Radisys Corporation (NASDAQ: RSYS). Mr. Nierenberg received his Juris Doctor from Yale Law School and his B.A. in History, summa cum laude, from Yale College.

What is the salary of David Nierenberg?

As the Independent Director of Flotek Industries Inc, the total compensation of David Nierenberg at Flotek Industries Inc is $179,667. There are 4 executives at Flotek Industries Inc getting paid more, with James Silas having the highest compensation of $511,846.



How old is David Nierenberg?

David Nierenberg is 66, he's been the Independent Director of Flotek Industries Inc since 2020. There are 1 older and 14 younger executives at Flotek Industries Inc. The oldest executive at Flotek Industries Inc is Dr. Glenn S. Penny Ph.D., 71, who is the Director of Technology.

What's David Nierenberg's mailing address?

David's mailing address filed with the SEC is 5775 N. SAM HOUSTON PARKWAY W., STE 400, HOUSTON, TX, 77086.

Insiders trading at Flotek Industries Inc

Over the last 23 years, insiders at Flotek Industries Inc have traded over $64,326,492 worth of Flotek Industries Inc stock and bought 6,142,780 units worth $9,576,179 . The most active insiders traders include David Nierenberg, John Chisholm, and Holding Corp.Pro Frac Holdi.... On average, Flotek Industries Inc executives and independent directors trade stock every 30 days with the average trade being worth of $232,436. The most recent stock trade was executed by David Nierenberg on 14 December 2023, trading 19,481 units of FTK stock currently worth $72,469.



What does Flotek Industries Inc do?

chemical & logistics division develops, manufactures and sells specialty chemicals used in oil and gas well stimulation, cementing and blending. drilling products division designs, manufactures, repairs, markets and installs downhole drilling tools utilized in oilfield, mining, and water industries. artificial lift division provides pumping system components including electric submersible pumps or esps, gas separators, production valves.



What does Flotek Industries Inc's logo look like?

Flotek Industries Inc logo

Complete history of Mr. Nierenberg stock trades at Amedisys, Riverview, Flotek Industries Inc, and Rosetta Stone

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
14 Dec 2023 David Nierenberg
Director
Buy 19,481 $3.72 $72,469
14 Dec 2023
47,907
11 Dec 2023 David Nierenberg
Director
Buy 54,859 $3.45 $189,264
11 Dec 2023
47,159
7 Jun 2023 David Nierenberg
Director
Sale 750,000 $0.63 $472,500
7 Jun 2023
2,436,303
30 Nov 2020 David Nierenberg
Director
Buy 49,231 $2.05 $100,924
30 Nov 2020
152,569
23 Nov 2020 David Nierenberg
Director
Buy 149,560 $1.99 $297,624
23 Nov 2020
150,691
11 Sep 2020 David Nierenberg
Director
Buy 115,318 $2.48 $285,989
11 Sep 2020
134,431
8 Sep 2020 David Nierenberg
Director
Buy 69,343 $2.43 $168,503
8 Sep 2020
130,975
1 Sep 2020 David Nierenberg
Director
Buy 163,420 $2.40 $392,208
1 Sep 2020
128,897
20 Aug 2020 David Nierenberg
Director
Buy 690,147 $2.00 $1,380,294
20 Aug 2020
124,000
11 Mar 2020 David Nierenberg
Director
Buy 1,000,000 $0.97 $970,000
11 Mar 2020
2,222,214
13 Sep 2019 David Nierenberg
Director
Buy 113,500 $2.51 $284,885
13 Sep 2019
71,545
10 Sep 2019 David Nierenberg
Director
Buy 268,200 $2.39 $640,998
10 Sep 2019
67,974
7 Jun 2019 David Nierenberg
Director
Buy 111,250 $3.60 $400,500
7 Jun 2019
58,817
4 Jun 2019 David Nierenberg
Director
Buy 187,500 $3.44 $645,000
4 Jun 2019
54,830
30 May 2019 David Nierenberg
Director
Buy 101,250 $3.12 $315,900
30 May 2019
50,044
13 Mar 2020 David Nierenberg
Director
Buy 30,000 $4.98 $149,400
13 Mar 2020
130,869
8 Jun 2016 David Nierenberg
Director
Buy 14,328 $4.65 $66,625
8 Jun 2016
72,084
24 May 2016 David Nierenberg
Director
Buy 18,500 $4.79 $88,615
24 May 2016
57,756
19 May 2016 David Nierenberg
Director
Buy 26,256 $4.67 $122,616
19 May 2016
39,256
15 May 2019 David Nierenberg
Director
Sale 107,141 $25.60 $2,742,810
15 May 2019
13,954
10 May 2019 David Nierenberg
Director
Sale 92,859 $26.12 $2,425,477
10 May 2019
16,859
29 May 2018 David Nierenberg
Director
Sale 150,000 $16.55 $2,482,500
29 May 2018
39,523
28 Nov 2017 David Nierenberg
Director
Sale 200,000 $12.01 $2,402,000
28 Nov 2017
47,630
6 Jun 2017 David Nierenberg
Director
Sale 13,543 $12.01 $162,651
6 Jun 2017
57,972
2 Jun 2017 David Nierenberg
Director
Sale 56,798 $12.04 $683,848
2 Jun 2017
58,921
16 May 2017 David Nierenberg
Director
Sale 5,771 $12.01 $69,310
16 May 2017
62,986
11 May 2017 David Nierenberg
Director
Sale 285,000 $12.13 $3,457,050
11 May 2017
63,418
2 Jun 2004 David Nierenberg
10% owner
Sale 182,000 $27.95 $5,086,900
2 Jun 2004
1,222,543
18 May 2004 David Nierenberg
10% owner
Sale 12,301 $28.02 $344,674
18 May 2004
1,404,543
13 May 2004 David Nierenberg
10% owner
Sale 43,100 $28.62 $1,233,522
13 May 2004
1,416,844
31 Oct 2003 David Nierenberg
10% owner
Buy 29,000 $11.24 $325,960
31 Oct 2003
1,459,944
9 Oct 2003 David Nierenberg
10% owner
Buy 11,000 $10.06 $110,660
9 Oct 2003
1,430,944
18 Sep 2003 David Nierenberg
10% owner
Buy 17,150 $8.80 $150,920
18 Sep 2003
1,419,944
5 Sep 2003 David Nierenberg
10% owner
Buy 19,744 $8.09 $159,729
5 Sep 2003
1,402,794
6 Aug 2003 David Nierenberg
10% owner
Buy 8,800 $6.99 $61,512
6 Aug 2003
1,383,050
1 Aug 2003 David Nierenberg
10% owner
Buy 268,300 $6.53 $1,751,999
1 Aug 2003
1,374,250


Flotek Industries Inc executives and stock owners

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