The estimated Net Worth of Richard P Jr Teets is at least $548 Million dollars as of 28 November 2018. Mr. Teets owns over 20,000 units of Steel Dynamics stock worth over $542,962,410 and over the last 21 years he sold STLD stock worth over $5,000,114. In addition, he makes $230,000 as Independent Director at Steel Dynamics.
Richard has made over 31 trades of the Steel Dynamics stock since 2003, according to the Form 4 filled with the SEC. Most recently he bought 20,000 units of STLD stock worth $677,000 on 28 November 2018.
The largest trade he's ever made was selling 140,295 units of Steel Dynamics stock on 16 March 2017 worth over $5,000,114. On average, Richard trades about 2,985 units every 41 days since 2003. As of 28 November 2018 he still owns at least 5,022,779 units of Steel Dynamics stock.
You can see the complete history of Mr. Teets stock trades at the bottom of the page.
Richard P. Teets Jr. serves as Independent Director of the Company. is Director of the Company. Mr. Teets had been our Executive Vice President for Steelmaking and President and Chief Operating Officer of Steel Operations since August 2008 through March 2016. In April 2007, Mr. Teets became an Executive Vice President, overseeing the Company's four long-products steelmaking divisions and the steel fabrication platform. From 1998 to 2007, he managed the construction, start-up, and operation of the Structural and Rail Division and was responsible for its commercial success and growth. Prior to this, from 1993 to early 1996, Mr. Teets was responsible for the design, construction, and start-up operation of the Company's Butler Flat Roll Division. Mr. Teets was named the Steel Advocate of the Year during 2016 by the American Metal Market. Mr. Teets brings to the Board strong leadership and industry experience having co-founded the Company. Mr. Teets brings to the Board a strong academic, innovative, strategic and operational background and business experience in the design, construction and operation of steel mill facilities. Additionally, he offers demonstrated leadership in organizing, planning and directing complex projects, both at the construction and operational levels. Bachelor's degree in mechanical engineering from Lafayette College (1977) and a master's degree in business administration from Duquesne University (1982).
As the Independent Director of Steel Dynamics, the total compensation of Richard Teets at Steel Dynamics is $230,000. There are 20 executives at Steel Dynamics getting paid more, with Mark Millett having the highest compensation of $10,615,100.
Richard Teets is 64, he's been the Independent Director of Steel Dynamics since 2016. There are 6 older and 17 younger executives at Steel Dynamics. The oldest executive at Steel Dynamics Inc. is Keith Busse, 77, who is the Non-Executive Chairman of the Board.
Richard's mailing address filed with the SEC is 7575 W. JEFFERSON BLVD., , FORT WAYNE, IN, 46804.
Over the last 27 years, insiders at Steel Dynamics have traded over $293,205,430 worth of Steel Dynamics stock and bought 4,094,967 units worth $36,618,868 . The most active insiders traders include Paul B Edgerley, John C Bates, and Keith E Busse. On average, Steel Dynamics executives and independent directors trade stock every 31 days with the average trade being worth of $5,905,935. The most recent stock trade was executed by Gabriel Shaheen on 30 July 2024, trading 1,825 units of STLD stock currently worth $236,849.
steel dynamics, inc. is unique among american steel companies. founded in 1993, sdi began production at its butler, in, flat roll mill in 1996. this state-of-the-art mill remains a world leader in its productivity and production of flat roll steel. finishing facilities at the butler mill and in jeffersonville, in, produce pickled, cold roll, galvanized, and painted flat roll steel. new millennium building systems, a steel fabrication business producing joists, girders, and decking for nonresidential construction projects, began operations in 2000, and today consists of 6 manufacturing facilities in the u.s. and mexico. sdi entered the steel long-products business in 2002, with the production of wide-flange beams at the company’s minimill in columbia city, in. in 2010, it was expanded to include production of standard rail, and in 2013 the capability for manufacturing premium rail was added. also in 2002, sdi acquired a steel mill near indianapolis to produce engineered bar steel and
Steel Dynamics executives and other stock owners filed with the SEC include: