Last updated: 23 June 2022 at 11:15am EST

Stephen Socolof Net Worth




The estimated Net Worth of Stephen Socolof is at least $5.97 Million dollars as of 22 June 2022. Mr. Socolof owns over 5,000 units of Everspin Technologies Inc stock worth over $137,700 and over the last 8 years he sold MRAM stock worth over $5,835,335. In addition, he makes $0 as Independent Director at Everspin Technologies Inc.

Mr. Socolof MRAM stock SEC Form 4 insiders trading

Stephen has made over 8 trades of the Everspin Technologies Inc stock since 2016, according to the Form 4 filled with the SEC. Most recently he exercised 5,000 units of MRAM stock worth $27,000 on 22 June 2022.

The largest trade he's ever made was selling 510,975 units of Everspin Technologies Inc stock on 12 November 2020 worth over $5,835,335. On average, Stephen trades about 52,836 units every 139 days since 2016. As of 22 June 2022 he still owns at least 25,500 units of Everspin Technologies Inc stock.

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





Stephen Socolof biography

Stephen J. Socolof serves as Independent Director of the Company. He has served as a member of our Board of Directors since June 2008. Mr. Socolof is Managing Partner of New Venture Partners, a venture capital firm that he co-founded in 2001, and Managing Partner of Tech Council Ventures, an early stage venture capital firm. Previously, Mr. Socolof worked at Lucent Technologies, Inc. from 1996 to 2001 where he established Lucent’s New Ventures Group. Before joining Lucent, Mr. Socolof spent eight years with Booz, Allen & Hamilton Inc., where he was a leader of the firm’s innovation consulting practice. Mr. Socolof is currently also lead director and chair of compensation committee of Energy Focus (NASDAQ:EFOI), a director of Stratis IoT Inc., and a board observer of Vydia, Inc.. He was a director of Gainspan Corporation before its acquisition by Telit Communications, Silicon Hive, until its acquisition by Intel Corporation, SyChip, Inc. before its acquisition by Murata, and an investor and observer of Flarion Technologies, Inc., until its acquisition by Qualcomm Inc. Mr. Socolof holds a Bachelor of Arts degree in economics and a Bachelor of Science degree in mathematical sciences from Stanford University and received his M.B.A. from the Amos Tuck School at Dartmouth College, where he was a Tuck Scholar. He currently serves on the Board of Advisors of the Center for the Study of Private Equity at the Tuck School.



How old is Stephen Socolof?

Stephen Socolof is 60, he's been the Independent Director of Everspin Technologies Inc since 2012. There are 5 older and 9 younger executives at Everspin Technologies Inc. The oldest executive at Everspin Technologies Inc is Lawrence Finch, 85, who is the Independent Director.

What's Stephen Socolof's mailing address?

Stephen's mailing address filed with the SEC is 32000 AURORA ROAD, SUITE B, SOLON, OH, 44139.

Insiders trading at Everspin Technologies Inc

Over the last 8 years, insiders at Everspin Technologies Inc have traded over $11,379,063 worth of Everspin Technologies Inc stock and bought 1,027,199 units worth $8,189,021 . The most active insiders traders include Darin G Billerbeck, Ronald C Foster, and Geoffrey G Ribar. On average, Everspin Technologies Inc executives and independent directors trade stock every 25 days with the average trade being worth of $108,346. The most recent stock trade was executed by David Schrenk on 28 August 2024, trading 2,396 units of MRAM stock currently worth $13,418.



What does Everspin Technologies Inc do?

headquartered in chandler, arizona, everspin technologies, inc. is the worldwide leader in designing, manufacturing, and commercially shipping discrete and embedded magnetoresistive ram (mram) into markets and applications where data persistence, performance, and endurance are paramount. with over 70 million mram products deployed in data center, cloud storage, energy, industrial, automotive, and transportation markets, everspin has built the strongest and fastest growing foundation of mram users in the world. for more information, visit www.everspin.com.



What does Everspin Technologies Inc's logo look like?

Everspin Technologies Inc logo

Complete history of Mr. Socolof stock trades at Focus Inc and Everspin Technologies Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
22 Jun 2022 Stephen Socolof
Chairman and Interim CEO
Option 5,000 $11.69 $58,450
22 Jun 2022
25,500
18 Aug 2021 Stephen Socolof
Chairman and Interim CEO
Buy 3,500 $2.80 $9,800
18 Aug 2021
20,500
26 May 2021 Stephen Socolof
Chairman and Interim CEO
Option 10,000 $28.49 $284,900
26 May 2021
17,000
17 Sep 2020 Stephen Socolof
Chairman and Interim CEO
Option 3,000 $54.74 $164,220
17 Sep 2020
7,000
12 Nov 2019 Stephen Socolof
Chairman and Interim CEO
Option 5,032 $14.70 $73,970
12 Nov 2019
20,000
19 Jun 2019 Stephen Socolof
Chairman and Interim CEO
Option 5,032 $15.75 $79,254
19 Jun 2019
5,032
12 Nov 2020 Stephen Socolof
Sale 510,975 $11.42 $5,835,335
12 Nov 2020
1,750,016
13 Oct 2016 Stephen Socolof
Buy 250,000 $8.00 $2,000,000
13 Oct 2016
2,260,991


Everspin Technologies Inc executives and stock owners

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