Last updated: 10 May 2022 at 4:16pm EST

Frank Drendel Net Worth




The estimated Net Worth of Frank M Drendel is at least $54.8 Million dollars as of 11 March 2022. Mr. Drendel owns over 44,000 units of CommScope Inc stock worth over $12,193,252 and over the last 21 years he sold COMM stock worth over $39,862,701. In addition, he makes $2,757,160 as Executive Chairman of the Board at CommScope Inc.

Mr. Drendel COMM stock SEC Form 4 insiders trading

Frank has made over 64 trades of the CommScope Inc stock since 2004, according to the Form 4 filled with the SEC. Most recently he bought 44,000 units of COMM stock worth $300,520 on 11 March 2022.

The largest trade he's ever made was exercising 639,678 units of CommScope Inc stock on 4 January 2021 worth over $3,671,752. On average, Frank trades about 42,980 units every 68 days since 2003. As of 11 March 2022 he still owns at least 2,372,228 units of CommScope Inc stock.

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





Frank Drendel biography

Frank M. Drendel serves as Executive Chairman of the Board of the Company. He served as our Chairman of the Board and Chief Executive Officer from 1976 until 2011. Mr. Drendel is a director of the National Cable & Telecommunications Association, the principal trade association of the cable industry in the United States, and was inducted into the Cable Television Hall of Fame in 2002. Mr. Drendel served on the board of directors of Tyco International, Ltd., which was acquired by Johnson Controls International, from 2012 to September 2016. He served as a director of General Instrument Corporation and its predecessors/successors from 1987 to 2000, as a director of Sprint Nextel Corporation from 2005 to 2008 and as a director of Nextel Communications, Inc. from 1997 to 2005.

What is the salary of Frank Drendel?

As the Executive Chairman of the Board of CommScope Inc, the total compensation of Frank Drendel at CommScope Inc is $2,757,160. There are 2 executives at CommScope Inc getting paid more, with Alexander Pease having the highest compensation of $3,753,550.



How old is Frank Drendel?

Frank Drendel is 75, he's been the Executive Chairman of the Board of CommScope Inc since 2011. There are 2 older and 23 younger executives at CommScope Inc. The oldest executive at CommScope Holding Company Inc is L. William Krause, 77, who is the Independent Director.

What's Frank Drendel's mailing address?

Frank's mailing address filed with the SEC is C/O COMMSCOPE HOLDING COMPANY, INC.,, 1100 COMMSCOPE PLACE, SE, HICKORY, NC, 28602.

Insiders trading at CommScope Inc

Over the last 11 years, insiders at CommScope Inc have traded over $4,465,681,669 worth of CommScope Inc stock and bought 1,654,813 units worth $13,255,768 . The most active insiders traders include Group L.P.Carlyle Group Man..., Group L.P.Carlyle Group Man..., and Frank M Drendel. On average, CommScope Inc executives and independent directors trade stock every 14 days with the average trade being worth of $3,156,150. The most recent stock trade was executed by Kyle David Lorentzen on 27 March 2024, trading 11,600 units of COMM stock currently worth $14,500.



What does CommScope Inc do?

everyone communicates. it’s the essence of the human experience. how we communicate is evolving. technology is reshaping the way we live, learn and thrive. the epicenter of this transformation is the network—our passion. our experts are rethinking the purpose, role and usage of networks to help our customers increase bandwidth, expand capacity, enhance efficiency, speed deployment and simplify migration. from remote cell sites to massive sports arenas, from busy airports to state-of-the-art data centers—we provide the essential expertise and vital infrastructure your business needs to succeed. the world’s most advanced networks rely on commscope connectivity.



What does CommScope Inc's logo look like?

CommScope Holding Company Inc logo

Complete history of Mr. Drendel stock trades at CommScope Inc and Innovid Corp

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
11 Mar 2022 Frank M Drendel
Director
Buy 44,000 $6.83 $300,520
11 Mar 2022
2,372,228
4 Jan 2021 Frank M Drendel
Director
Option 639,678 $5.74 $3,671,752
4 Jan 2021
2,555,476
6 Jan 2020 Frank M Drendel
Director
Option 95,334 $8.55 $815,106
6 Jan 2020
2,415,221
15 Nov 2019 Frank M Drendel
Director
Option 153,877 $8.55 $1,315,648
15 Nov 2019
2,473,764
17 Jun 2019 Frank M Drendel
Director
Option 80,800 $8.55 $690,840
17 Jun 2019
2,400,687
15 May 2019 Frank M Drendel
Director
Option 80,800 $8.55 $690,840
15 May 2019
2,400,687
1 Mar 2019 Frank M Drendel
Director
Option 280,143 $2.96 $829,223
1 Mar 2019
2,339,207
12 Nov 2018 Frank M Drendel
Director
Option 100,000 $8.55 $855,000
12 Nov 2018
2,316,834
8 May 2018 Frank M Drendel
Director
Option 50,000 $8.55 $427,500
8 May 2018
2,216,834
21 Mar 2018 Frank M Drendel
Director
Sale 90,186 $40.22 $3,627,281
21 Mar 2018
117,580
2 Jan 2018 Frank M Drendel
Director
Sale 15,000 $38.02 $570,300
2 Jan 2018
2,194,774
8 Dec 2017 Frank M Drendel
Director
Sale 60,000 $38.01 $2,280,600
8 Dec 2017
2,209,774
8 Jun 2017 Frank M Drendel
Director
Sale 15,000 $38.94 $584,100
8 Jun 2017
2,269,774
1 May 2017 Frank M Drendel
Director
Sale 15,000 $42.18 $632,700
1 May 2017
2,284,744
3 Apr 2017 Frank M Drendel
Director
Sale 15,000 $41.63 $624,450
3 Apr 2017
2,299,744
1 Mar 2017 Frank M Drendel
Director
Sale 108,593 $39.04 $4,239,471
1 Mar 2017
134,383
1 Feb 2017 Frank M Drendel
Director
Sale 15,000 $37.77 $566,550
1 Feb 2017
2,297,865
3 Jan 2017 Frank M Drendel
Director
Sale 15,000 $37.08 $556,200
3 Jan 2017
2,312,865
16 Dec 2016 Frank M Drendel
Director
Sale 280,779 $36.64 $10,287,743
16 Dec 2016
184,776
1 Dec 2016 Frank M Drendel
Director
Sale 15,000 $35.92 $538,800
1 Dec 2016
2,327,865
3 Nov 2016 Frank M Drendel
Director
Sale 15,000 $31.74 $476,100
3 Nov 2016
2,342,865
3 Nov 2016 Frank M Drendel
Director
Sale 15,000 $31.74 $476,100
3 Nov 2016
2,342,865
6 Oct 2016 Frank M Drendel
Director
Sale 15,000 $31.02 $465,300
6 Oct 2016
2,357,865
6 Oct 2016 Frank M Drendel
Director
Sale 15,000 $31.02 $465,300
6 Oct 2016
2,357,865
19 Sep 2016 Frank M Drendel
Director
Sale 30,000 $31.22 $936,600
19 Sep 2016
2,372,865
7 Jul 2016 Frank M Drendel
Director
Sale 7,336 $31.24 $229,177
7 Jul 2016
2,402,865
1 Jul 2016 Frank M Drendel
Director
Sale 7,664 $31.08 $238,197
1 Jul 2016
2,410,201
6 Jun 2016 Frank M Drendel
Director
Sale 15,000 $31.91 $478,650
6 Jun 2016
2,417,865
19 Nov 2015 Frank M Drendel
Director
Option 90,912 $2.96 $269,100
19 Nov 2015
2,417,896
11 Nov 2015 Frank M Drendel
Director
Option 377,700 $6.77 $2,557,029
11 Nov 2015
2,326,984
9 Oct 2015 Frank M Drendel
Director
Sale 25,000 $31.04 $776,000
9 Oct 2015
1,949,284
8 Sep 2015 Frank M Drendel
Director
Sale 25,000 $33.27 $831,750
8 Sep 2015
1,974,284
6 Aug 2015 Frank M Drendel
Director
Sale 25,000 $31.31 $782,750
6 Aug 2015
1,999,284
17 Jul 2015 Frank M Drendel
Director
Sale 24,900 $31.13 $775,137
17 Jul 2015
2,024,284
14 Jul 2015 Frank M Drendel
Director
Sale 100 $31.00 $3,100
14 Jul 2015
2,049,184
8 Jun 2015 Frank M Drendel
Director
Sale 25,000 $31.88 $797,000
8 Jun 2015
2,049,284
18 May 2015 Frank M Drendel
Director
Sale 25,000 $31.09 $777,250
18 May 2015
2,074,284
19 Jun 2014 Frank M Drendel
Director
Option 466,800 $5.02 $2,343,336
19 Jun 2014
2,087,364
28 Aug 2008 Frank M Drendel
Chairman and CEO
Option 10,000 $17.25 $172,500
28 Aug 2008
472,422
15 Aug 2008 Frank M Drendel
Chairman and CEO
Option 10,000 $17.25 $172,500
15 Aug 2008
472,422
23 Jul 2008 Frank M Drendel
Chairman and CEO
Option 4,692 $38.38 $180,079
23 Jul 2008
467,114
17 Jul 2008 Frank M Drendel
Chairman and CEO
Option 9,384 $38.38 $360,158
17 Jul 2008
471,806
15 Jul 2008 Frank M Drendel
Chairman and CEO
Option 20,000 $17.25 $345,000
15 Jul 2008
482,422
16 Jun 2008 Frank M Drendel
Chairman and CEO
Sale 7,076 $55.57 $393,213
16 Jun 2008
462,422
16 Jun 2008 Frank M Drendel
Chairman and CEO
Sale 12,100 $55.37 $669,977
16 Jun 2008
469,498
16 Jun 2008 Frank M Drendel
Chairman and CEO
Option 34,076 $25.98 $885,294
16 Jun 2008
496,498
3 Jan 2007 Frank M Drendel
Chairman and CEO
Option 11,337 $7.93 $89,902
3 Jan 2007
473,759
1 Aug 2006 Frank M Drendel
Chairman and CEO
Sale 5,110 $30.99 $158,359
1 Aug 2006
462,422
1 Aug 2006 Frank M Drendel
Chairman and CEO
Sale 5,110 $30.99 $158,359
1 Aug 2006
462,422
1 Aug 2006 Frank M Drendel
Chairman and CEO
Sale 27,786 $30.41 $844,972
1 Aug 2006
467,532
1 Aug 2006 Frank M Drendel
Chairman and CEO
Option 67,517 $15.19 $1,025,583
1 Aug 2006
529,939
3 Jul 2006 Frank M Drendel
Chairman and CEO
Sale 16,567 $31.62 $523,849
3 Jul 2006
0
3 Jul 2006 Frank M Drendel
Chairman and CEO
Option 67,524 $13.65 $921,703
3 Jul 2006
0
1 Jun 2006 Frank M Drendel
Chairman and CEO
Sale 7,260 $29.51 $214,243
1 Jun 2006
462,422
1 Jun 2006 Frank M Drendel
Chairman and CEO
Option 67,524 $12.06 $814,339
1 Jun 2006
529,946
1 May 2006 Frank M Drendel
Chairman and CEO
Sale 13,517 $31.88 $430,922
1 May 2006
462,422
1 May 2006 Frank M Drendel
Chairman and CEO
Sale 37,141 $31.44 $1,167,713
1 May 2006
475,939
1 May 2006 Frank M Drendel
Chairman and CEO
Option 67,524 $12.22 $825,143
1 May 2006
529,946
3 Apr 2006 Frank M Drendel
Chairman and CEO
Sale 42,184 $28.98 $1,222,492
3 Apr 2006
462,422
3 Apr 2006 Frank M Drendel
Chairman and CEO
Option 67,524 $12.74 $860,256
3 Apr 2006
529,946
20 Mar 2006 Frank M Drendel
Chairman and CEO
Sale 19,288 $27.53 $530,999
20 Mar 2006
462,422
20 Mar 2006 Frank M Drendel
Chairman and CEO
Sale 19,288 $27.53 $530,999
20 Mar 2006
462,422
23 Mar 2004 Frank M Drendel
Chairman and CEO
Option 130,672 $13.88 $1,813,727
23 Mar 2004
574,422


CommScope Inc executives and stock owners

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