The estimated Net Worth of Hemang Desai is at least $295 Thousand dollars as of 4 September 2018. Hemang Desai owns over 1,000 units of Parsley Inc stock worth over $50,790 and over the last 10 years he sold PE stock worth over $0. In addition, he makes $244,229 as Independent Director at Parsley Inc.
Hemang has made over 3 trades of the Parsley Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he bought 1,000 units of PE stock worth $27,320 on 4 September 2018.
The largest trade he's ever made was buying 1,000 units of Parsley Inc stock on 4 September 2018 worth over $27,320. On average, Hemang trades about 273 units every 116 days since 2014. As of 4 September 2018 he still owns at least 3,000 units of Parsley Inc stock.
You can see the complete history of Hemang Desai stock trades at the bottom of the page.
Dr. Hemang Desai Ph.D. serves as Independent Director of the Company. He is the Accounting Department Chair and Robert B. Cullum Professor of Accounting at Southern Methodist University (“SMU”). He has served on our Board of Directors since July 2014. Dr. Desai joined SMU’s faculty in 1998 and has served as the Accounting Department Chair since 2010. His research on accounting and capital markets has been published in top academic journals and has been the subject of articles at publications such as the Wall Street Journal, Barron’s, the New York Times and CFO Magazine. Dr. Desai’s consulting clients have included McKinsey & Co., Entergy Corp, and Baker & McKenzie. Qualifications: Dr. Desai received a B.Sc. from St. Xavier’s College, Bombay, India in 1986, an M.B.A. from the University of New Orleans in 1990, and a Ph.D. in Business Administration from the Freeman School of Business at Tulane University in 1997. Desai’s experience and broad knowledge in matters of capital markets and accounting qualify him for service on our Board of Directors.
As the Independent Director of Parsley Inc, the total compensation of Hemang Desai at Parsley Inc is $244,229. There are 11 executives at Parsley Inc getting paid more, with Matthew Gallagher having the highest compensation of $6,584,560.
Hemang Desai is 54, he's been the Independent Director of Parsley Inc since 2014. There are 6 older and 9 younger executives at Parsley Inc. The oldest executive at Parsley Energy Inc is A.R. Alameddine, 72, who is the Lead Independent Director.
Hemang's mailing address filed with the SEC is 303 COLORADO STREET, , AUSTIN, TX, 78701.
Over the last 10 years, insiders at Parsley Inc have traded over $379,579,730 worth of Parsley Inc stock and bought 298,081 units worth $7,671,174 . The most active insiders traders include Bryan Sheffield, Mike Hinson, and Paul Treadwell. On average, Parsley Inc executives and independent directors trade stock every 14 days with the average trade being worth of $1,653,824. The most recent stock trade was executed by Bryan Sheffield on 18 August 2020, trading 900,000 units of PE stock currently worth $10,674,000.
Parsley Inc executives and other stock owners filed with the SEC include: