The estimated Net Worth of David L Porges is at least $7.84 Million dollars as of 9 February 2023. Mr. Porges owns over 7,000 units of NextEra Inc stock worth over $3,547,777 and over the last 21 years he sold NEE stock worth over $4,296,750. In addition, he makes $0 as Independent Director at NextEra Inc.
David has made over 16 trades of the NextEra Inc stock since 2006, according to the Form 4 filled with the SEC. Most recently he bought 7,000 units of NEE stock worth $512,890 on 9 February 2023.
The largest trade he's ever made was exercising 400,000 units of NextEra Inc stock on 29 November 2006 worth over $6,304,000. On average, David trades about 20,188 units every 73 days since 2004. As of 9 February 2023 he still owns at least 42,524 units of NextEra Inc stock.
You can see the complete history of Mr. Porges stock trades at the bottom of the page.
David L. Porges serves as Independent Director of the Company. Mr. Porges was a non-employee member of the board of directors of Equitrans Midstream Corporation (“Equitrans”) from November 2018 through December 2019 and was the chairman of the board of Equitrans from November 2018 to July 2019. He joined EQT Corporation (“EQT”) in 1998 as senior vice president and chief financial officer and served as EQT’s CEO from April 2010 to April 2011 and as CEO and chairman from April 2011 to February 2017. From February 2017 to March 2018, Mr. Porges served as EQT’s executive chairman and as chairman and interim CEO from March 2018 to November 2018. Mr. Porges has more than 20 years of leadership, finance, operations and mergers and acquisitions experience gained through his prior service as CEO and chairman of a publicly held energy industry company, as well as his prior service as the chief financial officer of that energy company. Mr. Porges also has capital markets, finance and merger and acquisition experience gained through his prior service with an investment bank concentrating on the energy industry. Mr. Porges has a MBA from Stanford University.
David Porges is 62, he's been the Independent Director of NextEra Inc since 2020. There are 8 older and 23 younger executives at NextEra Inc. The oldest executive at NextEra Energy Inc is Toni Jennings, 71, who is the Independent Director.
David's mailing address filed with the SEC is C/O NEXTERA ENERGY, INC., 700 UNIVERSE BLVD, JUNO BEACH, FL, 33408.
Over the last 14 years, insiders at NextEra Inc have traded over $257,029,024 worth of NextEra Inc stock and bought 236,445 units worth $19,038,082 . The most active insiders traders include Kirk S Hachigian, James L Robo, and David L Porges. On average, NextEra Inc executives and independent directors trade stock every 19 days with the average trade being worth of $1,576,410. The most recent stock trade was executed by Armando Jr Pimentel on 26 August 2024, trading 99,412 units of NEE stock currently worth $2,575,765.
NextEra Energy, Inc. is an American energy company with about 58 GW of generating capacity, revenues of over $18 billion in 2020, and about 14,900 employees throughout the US and Canada. It is the largest electric utility holding company by market capitalization.
NextEra Inc executives and other stock owners filed with the SEC include: