Last updated: 29 February 2024 at 6:39pm EST

Philip Choyce Net Worth




The estimated Net Worth of Philip A Choyce is at least $865 Thousand dollars as of 10 February 2024. Mr. Choyce owns over 11,888 units of Independence Contract Drilling Inc stock worth over $94,636 and over the last 10 years he sold ICD stock worth over $0. In addition, he makes $770,039 as Chief Financial Officer and Executive Vice President at Independence Contract Drilling Inc.

Mr. Choyce ICD stock SEC Form 4 insiders trading

Philip has made over 19 trades of the Independence Contract Drilling Inc stock since 2017, according to the Form 4 filled with the SEC. Most recently he exercised 11,888 units of ICD stock worth $7,014 on 10 February 2024.

The largest trade he's ever made was exercising 146,774 units of Independence Contract Drilling Inc stock on 1 October 2018 worth over $86,597. On average, Philip trades about 13,506 units every 75 days since 2014. As of 10 February 2024 he still owns at least 160,400 units of Independence Contract Drilling Inc stock.

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





Philip Choyce biography

Philip A. Choyce serves as Chief Financial Officer, Executive Vice President of the Company. Mr. Choyce is one of our original founders and has served as our Executive Vice President and Chief Financial Officer since August 2016, as our Senior Vice President and Chief Financial Officer from March 2012 to August 2016, and as our Senior Vice President and General Counsel from November 2011 until March 2012. From 2009 until 2011, Mr. Choyce was the owner of The Choyce Firm, which provided legal services to domestic and international oil and gas services companies. Mr. Choyce served as the Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer of Grant Prideco, Inc., one of the world’s largest suppliers of drill pipe and drill bits, from its spinoff into a new public company in 2000 until its sale to National Oilwell Varco in 2008. Prior to joining Grant Prideco, Mr. Choyce was a Senior Associate at Fulbright & Jaworski LLP. Mr. Choyce began his career as a certified public accountant at Ernst & Young LLP. Mr. Choyce graduated from Texas A&M University with a B.B.A. in Accounting, and received his law degree from the University of Texas in Austin.

What is the salary of Philip Choyce?

As the Chief Financial Officer and Executive Vice President of Independence Contract Drilling Inc, the total compensation of Philip Choyce at Independence Contract Drilling Inc is $770,039. There are 1 executives at Independence Contract Drilling Inc getting paid more, with J. Anthony Gallegos having the highest compensation of $1,532,440.



How old is Philip Choyce?

Philip Choyce is 52, he's been the Chief Financial Officer and Executive Vice President of Independence Contract Drilling Inc since 2018. There are 4 older and 8 younger executives at Independence Contract Drilling Inc. The oldest executive at Independence Contract Drilling Inc is Daniel McNease, 68, who is the Independent Director.

What's Philip Choyce's mailing address?

Philip's mailing address filed with the SEC is 20475 HWY 249, SUITE 300, , HOUSTON, TX, 77070.

Insiders trading at Independence Contract Drilling Inc

Over the last 10 years, insiders at Independence Contract Drilling Inc have traded over $10,987,574 worth of Independence Contract Drilling Inc stock and bought 3,700,984 units worth $25,843,019 . The most active insiders traders include William Monroe, Resource Corp Sprott Resour..., and Thomas R Jr Bates. On average, Independence Contract Drilling Inc executives and independent directors trade stock every 18 days with the average trade being worth of $26,826. The most recent stock trade was executed by Robert J. Iv Barrett on 1 July 2024, trading 6,837 units of ICD stock currently worth $4,034.



What does Independence Contract Drilling Inc do?

corporate overview independence contract drilling was formed in 2011 as a vertically integrated premium land drilling services provider. from its wholly owned api certified manufacturing facility in houston, texas independence contract drilling provides e&p operators the shaledriller series rigs. these rigs are fast moving, programmable ac rigs custom designed to be best in class for the development of shale plays and other areas where completions require long horizontal sections. the shaledriller is based on a proven rig design with units operating in all major us shale plays as well as africa, indonesia and asia. driven by superior design characteristics, shaledriller rigs provide a compelling value proposition to our customers. the fine control of key drilling parameters offered by shaledriller proprietary ac software code allows same-class wells to be drilled in almost half the time required by a mechanical rig and 20% faster than with dc equipment. combined with the shaledrill



What does Independence Contract Drilling Inc's logo look like?

Independence Contract Drilling Inc logo

Complete history of Mr. Choyce stock trades at Independence Contract Drilling Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
10 Feb 2024 Philip A Choyce
EXECUTIVE VP and CFO
Option 11,888 $2.00 $23,776
10 Feb 2024
160,400
31 Dec 2023 Philip A Choyce
EXECUTIVE VP and CFO
Option 57,362 $2.45 $140,537
31 Dec 2023
148,512
26 Dec 2023 Philip A Choyce
EXECUTIVE VP and CFO
Option 3,075 $2.44 $7,503
26 Dec 2023
91,150
18 Mar 2023 Philip A Choyce
EXECUTIVE VP and CFO
Option 57,362 $3.03 $173,807
18 Mar 2023
96,965
10 Feb 2023 Philip A Choyce
EXECUTIVE VP and CFO
Option 5,485 $4.00 $21,940
10 Feb 2023
39,603
27 Feb 2022 Philip A Choyce
EXECUTIVE VP and CFO
Option 1,261 $3.54 $4,464
27 Feb 2022
35,531
10 Feb 2022 Philip A Choyce
EXECUTIVE VP and CFO
Option 2,743 $3.47 $9,518
10 Feb 2022
36,389
26 Dec 2021 Philip A Choyce
EXECUTIVE VP and CFO
Option 990 $2.94 $2,911
26 Dec 2021
33,646
27 Feb 2021 Philip A Choyce
EXECUTIVE VP and CFO
Option 1,261 $6.27 $7,906
27 Feb 2021
35,897
10 Feb 2021 Philip A Choyce
EXECUTIVE VP and CFO
Option 2,742 $5.33 $14,615
10 Feb 2021
34,636
27 Feb 2020 Philip A Choyce
EXECUTIVE VP and CFO
Option 25,229 $0.40 $10,092
27 Feb 2020
649,163
18 Oct 2019 Philip A Choyce
EXECUTIVE VP and CFO
Buy 6,400 $0.82 $5,248
18 Oct 2019
623,934
17 Oct 2019 Philip A Choyce
EXECUTIVE VP and CFO
Buy 6,815 $0.81 $5,520
17 Oct 2019
617,534
16 Oct 2019 Philip A Choyce
EXECUTIVE VP and CFO
Buy 19,986 $0.86 $17,188
16 Oct 2019
610,719
15 Oct 2019 Philip A Choyce
EXECUTIVE VP and CFO
Buy 10,000 $0.91 $9,100
15 Oct 2019
590,733
1 Oct 2018 Philip A Choyce
EXECUTIVE VP and CFO
Option 146,774 $4.71 $691,306
1 Oct 2018
336,831
22 Feb 2018 Philip A Choyce
EXECUTIVE VP and CFO
Option 36,667 $4.03 $147,768
22 Feb 2018
240,920
8 Feb 2018 Philip A Choyce
EXECUTIVE VP and CFO
Option 26,486 $4.46 $118,128
8 Feb 2018
215,708
22 Feb 2017 Philip A Choyce
EXECUTIVE VP and CFO
Option 36,666 $5.70 $208,996
22 Feb 2017
181,842


Independence Contract Drilling Inc executives and stock owners

Independence Contract Drilling Inc executives and other stock owners filed with the SEC include: