Last updated: 13 June 2024 at 5:36pm EST

David Nelms Net Worth




The estimated Net Worth of David W Nelms is at least $230 Million dollars as of 1 March 2019. Mr. Nelms owns over 30,000 units of Discover Services stock worth over $124,844,049 and over the last 17 years he sold DFS stock worth over $95,378,750. In addition, he makes $10,168,800 as Executive Vice President at Discover Services.

Mr. Nelms DFS stock SEC Form 4 insiders trading

David has made over 57 trades of the Discover Services stock since 2008, according to the Form 4 filled with the SEC. Most recently he sold 30,000 units of DFS stock worth $2,174,100 on 1 March 2019.

The largest trade he's ever made was exercising 237,880 units of Discover Services stock on 1 October 2012 worth over $5,571,150. On average, David trades about 13,348 units every 26 days since 2007. As of 1 March 2019 he still owns at least 970,190 units of Discover Services stock.

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





David Nelms biography

David W. Nelms is no longer Executive Chairman of the Board of the Company. Mr. Nelms also assumed the role of Chairman in January 2009, a position that he held until stepping down as Executive Chairman in December 2018. He served as President and Chief Operating Officer from 1998 to 2004. Prior to joining us, Mr. Nelms worked at MBNA America Bank from 1991 to 1998, most recently as Vice Chairman. Mr. Nelms holds a Bachelor’s degree in Mechanical Engineering from the University of Florida and an M.B.A. from Harvard Business School. Mr. Nelms is expected to retire from the Company in March 2019.

What is the salary of David Nelms?

As the Executive Vice President of Discover Services, the total compensation of David Nelms at Discover Services is $10,168,800. There are 1 executives at Discover Services getting paid more, with Wanjiku Juanita Walcott having the highest compensation of $10,402,500.



How old is David Nelms?

David Nelms is 59, he's been the Executive Vice President of Discover Services since 2018. There are 8 older and 18 younger executives at Discover Services. The oldest executive at Discover Financial Services is Michael Moskow, 81, who is the Independent Director.

What's David Nelms's mailing address?

David's mailing address filed with the SEC is C/O CDW CORPORATION, 200 N MILWAUKEE AVE, VERNON HILLS, IL, 60061.

Insiders trading at Discover Services

Over the last 17 years, insiders at Discover Services have traded over $351,289,158 worth of Discover Services stock and bought 212,751 units worth $6,327,526 . The most active insiders traders include Stanley Morgan, Gregory C Case, and David W Nelms. On average, Discover Services executives and independent directors trade stock every 15 days with the average trade being worth of $2,832,504. The most recent stock trade was executed by John Greene on 26 January 2024, trading 35,191 units of DFS stock currently worth $3,748,193.



What does Discover Services do?

you can make an impact. whether it’s developing corporate strategy, innovating new services or supporting it needs, every employee has the opportunity to be a vital part of our business and make a real difference in people’s lives. it’s the heart of what we do. discover is one of the most recognized brands in u.s. financial services. we’re a direct banking and payment services company built on a legacy of innovation and customer service. our employees have always played a big part in our success. we support, challenge and inspire employees to continually develop their skills, advance their career and help grow our business.



What does Discover Services's logo look like?

Discover Financial Services logo

Complete history of Mr. Nelms stock trades at CDW Corp and Discover Services

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
1 Mar 2019 David W Nelms
Director
Sale 30,000 $72.47 $2,174,100
1 Mar 2019
970,190
1 Feb 2019 David W Nelms
Director
Sale 60,000 $67.94 $4,076,400
1 Feb 2019
1,000,190
3 Dec 2018 David W Nelms
Director
Sale 30,000 $72.05 $2,161,500
3 Dec 2018
1,120,797
1 Nov 2018 David W Nelms
Director
Sale 30,000 $69.81 $2,094,300
1 Nov 2018
1,150,797
1 Oct 2018 David W Nelms
Director
Sale 30,000 $77.16 $2,314,800
1 Oct 2018
1,180,797
4 Sep 2018 David W Nelms
Director
Sale 30,000 $78.11 $2,343,300
4 Sep 2018
1,210,797
1 Aug 2018 David W Nelms
Director
Sale 30,000 $71.79 $2,153,700
1 Aug 2018
1,240,797
2 Jul 2018 David W Nelms
Director
Sale 30,000 $69.93 $2,097,900
2 Jul 2018
1,270,797
1 Jun 2018 David W Nelms
Director
Sale 30,000 $74.30 $2,229,000
1 Jun 2018
1,300,665
1 May 2018 David W Nelms
Director
Sale 30,000 $70.84 $2,125,200
1 May 2018
1,330,665
2 Apr 2018 David W Nelms
Director
Sale 30,000 $70.08 $2,102,400
2 Apr 2018
1,360,665
1 Mar 2018 David W Nelms
Director
Sale 30,000 $78.66 $2,359,800
1 Mar 2018
1,390,448
1 Feb 2018 David W Nelms
Director
Sale 30,000 $79.65 $2,389,500
1 Feb 2018
1,423,165
2 Jan 2018 David W Nelms
Director
Sale 30,000 $76.74 $2,302,200
2 Jan 2018
1,409,911
1 Dec 2017 David W Nelms
Director
Sale 30,000 $70.15 $2,104,500
1 Dec 2017
1,439,911
1 Nov 2017 David W Nelms
Director
Sale 30,000 $66.80 $2,004,000
1 Nov 2017
1,469,911
2 Oct 2017 David W Nelms
Director
Sale 30,000 $64.55 $1,936,500
2 Oct 2017
1,499,911
1 Sep 2017 David W Nelms
Director
Sale 30,000 $59.10 $1,773,000
1 Sep 2017
1,529,911
1 Aug 2017 David W Nelms
Director
Sale 30,000 $61.13 $1,833,900
1 Aug 2017
1,559,911
3 Jul 2017 David W Nelms
Director
Sale 30,000 $62.52 $1,875,600
3 Jul 2017
1,589,911
1 Jun 2017 David W Nelms
Director
Sale 30,000 $58.97 $1,769,100
1 Jun 2017
1,619,731
1 May 2017 David W Nelms
Director
Sale 30,000 $62.18 $1,865,400
1 May 2017
1,674,731
1 May 2017 David W Nelms
Director
Sale 30,000 $62.18 $1,865,400
1 May 2017
1,674,731
3 Apr 2017 David W Nelms
Director
Sale 15,000 $67.93 $1,018,950
3 Apr 2017
1,704,731
3 Apr 2017 David W Nelms
Director
Sale 15,000 $67.93 $1,018,950
3 Apr 2017
1,704,731
1 Mar 2017 David W Nelms
Director
Sale 15,000 $72.50 $1,087,500
1 Mar 2017
1,719,529
1 Mar 2017 David W Nelms
Director
Sale 15,000 $72.50 $1,087,500
1 Mar 2017
1,719,529
1 Feb 2017 David W Nelms
Director
Sale 15,000 $69.81 $1,047,150
1 Feb 2017
1,670,386
3 Jan 2017 David W Nelms
Director
Sale 15,000 $72.92 $1,093,800
3 Jan 2017
1,682,268
1 Dec 2016 David W Nelms
Director
Sale 15,000 $68.06 $1,020,900
1 Dec 2016
1,697,268
1 Nov 2016 David W Nelms
Director
Sale 15,000 $56.14 $842,100
1 Nov 2016
1,712,268
3 Oct 2016 David W Nelms
Director
Sale 15,000 $56.46 $846,900
3 Oct 2016
1,727,268
1 Sep 2016 David W Nelms
Director
Sale 15,000 $60.10 $901,500
1 Sep 2016
1,742,268
1 Aug 2016 David W Nelms
Director
Sale 15,000 $56.68 $850,200
1 Aug 2016
1,757,268
1 Jul 2016 David W Nelms
Director
Sale 15,000 $53.61 $804,150
1 Jul 2016
1,772,014
1 Jun 2016 David W Nelms
Director
Sale 15,000 $55.96 $839,400
1 Jun 2016
1,787,014
2 May 2016 David W Nelms
Director
Sale 15,000 $56.31 $844,650
2 May 2016
1,802,014
21 Apr 2016 David W Nelms
Director
Option 45,315 $26.68 $1,209,004
21 Apr 2016
1,874,413
1 Apr 2016 David W Nelms
Director
Sale 30,000 $50.99 $1,529,700
1 Apr 2016
1,829,098
2 Mar 2016 David W Nelms
Director
Sale 60,000 $48.01 $2,880,600
2 Mar 2016
1,858,870
2 Jan 2016 David W Nelms
Director
Sale 30,000 $52.51 $1,575,300
2 Jan 2016
1,787,242
1 Dec 2015 David W Nelms
Director
Sale 30,000 $56.93 $1,707,900
1 Dec 2015
1,822,551
2 Nov 2015 David W Nelms
Director
Sale 30,000 $56.41 $1,692,300
2 Nov 2015
1,852,551
1 Oct 2015 David W Nelms
Director
Sale 30,000 $51.78 $1,553,400
1 Oct 2015
1,882,551
1 Sep 2015 David W Nelms
Director
Sale 30,000 $52.13 $1,563,900
1 Sep 2015
1,912,546
3 Aug 2015 David W Nelms
Director
Sale 30,000 $55.20 $1,656,000
3 Aug 2015
1,942,546
1 Jul 2015 David W Nelms
Director
Sale 30,000 $58.17 $1,745,100
1 Jul 2015
1,972,316
1 Jun 2015 David W Nelms
Director
Sale 30,000 $58.32 $1,749,600
1 Jun 2015
1,992,909
1 May 2015 David W Nelms
Director
Sale 30,000 $59.06 $1,771,800
1 May 2015
2,022,909
29 Apr 2014 David W Nelms
Director
Sale 100,000 $55.82 $5,582,000
29 Apr 2014
1,949,945
25 Oct 2013 David W Nelms
Director
Sale 75,000 $51.01 $3,825,750
25 Oct 2013
1,747,650
30 Apr 2013 David W Nelms
Director
Sale 75,000 $43.87 $3,290,250
30 Apr 2013
1,822,650
1 Oct 2012 David W Nelms
Director
Option 237,880 $23.42 $5,571,150
1 Oct 2012
1,997,088
5 Jul 2011 David W Nelms
Director
Option 110,703 $19.41 $2,148,745
5 Jul 2011
2,084,984
7 Jul 2009 David W Nelms
Director
Buy 60,000 $9.25 $555,000
7 Jul 2009
1,497,031
3 Oct 2008 David W Nelms
Director
Buy 20,000 $12.09 $241,800
3 Oct 2008
1,304,002
9 Apr 2008 David W Nelms
Director
Buy 15,000 $18.16 $272,400
9 Apr 2008
1,284,002


Discover Services executives and stock owners

Discover Services executives and other stock owners filed with the SEC include: