Last updated: 2 May 2023 at 11:21am EST

Michael Richings Net Worth




The estimated Net Worth of Michael B Richings is at least $340 Thousand dollars as of 4 August 2020. Mr. Richings owns over 5,867 units of Vista Gold stock worth over $215,465 and over the last 21 years he sold VGZ stock worth over $32,548. In addition, he makes $91,570 as Non-Executive Chairman of the Board at Vista Gold.

Mr. Richings VGZ stock SEC Form 4 insiders trading

Michael has made over 16 trades of the Vista Gold stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 5,867 units of VGZ stock worth $3,636 on 4 August 2020.

The largest trade he's ever made was exercising 91,000 units of Vista Gold stock on 11 August 2016 worth over $56,393. On average, Michael trades about 8,271 units every 119 days since 2003. As of 4 August 2020 he still owns at least 347,692 units of Vista Gold stock.

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





Michael Richings biography

Michael B. Richings serves as Non-Executive Chairman of the Board of the Company. Mr. Richings was awarded an Associateship of the Camborne School of Mines in 1969, and he earned his Master of Science Degree from Queen’s University in 1971. Mr. Richings is a member of the Corporate Governance and Nominating Committee and the Health, Safety, Environment and Social Responsibility Committee. Mr. Richings has been a director of the Corporation since May 1, 1995. Mr. Richings has been with the Corporation for over twenty years and, given his leadership skills, enterprising nature and knowledge of the mining industry, he is a valued member of the Board. His knowledge of the Corporation’s properties and his key role in the development and implementation of business strategies which have created shareholder value are important to the Corporation. Prior to joining the Corporation, Mr. Richings held senior executive-level positions in the mining industry and was responsible for evaluation and development of several new projects and operations of existing mines and management. Management believes that this experience is important to the success of the Corporation’s current business plan. Furthermore, he has demonstrated both integrity and high ethical standards in his business dealings and personal affairs to date, qualities which a person must possess under the Mandate of the Board (attached as Appendix “B” to this Information Circular) in order to be considered for nomination and election to the Board. Accordingly, the Board believes that Mr. Richings should once again serve on the Board.

What is the salary of Michael Richings?

As the Non-Executive Chairman of the Board of Vista Gold, the total compensation of Michael Richings at Vista Gold is $91,570. There are 6 executives at Vista Gold getting paid more, with Frederick Earnest having the highest compensation of $563,630.



How old is Michael Richings?

Michael Richings is 75, he's been the Non-Executive Chairman of the Board of Vista Gold since 2012. There are 1 older and 11 younger executives at Vista Gold. The oldest executive at Vista Gold Corp. is C. Thomas Ogryzlo, 80, who is the Independent Director.

What's Michael Richings's mailing address?

Michael's mailing address filed with the SEC is C/O VISTA GOLD CORP., 7961 SHAFFER PARKWAY, SUITE 5, LITTLETON, CO, 80127.

Insiders trading at Vista Gold

Over the last 21 years, insiders at Vista Gold have traded over $5,033,224 worth of Vista Gold stock and bought 5,943,925 units worth $4,121,300 . The most active insiders traders include Frederick Hume Earnest, Valley Gold Master Fund, Lt..., and Valley Gold Master Fund, Lt.... On average, Vista Gold executives and independent directors trade stock every 32 days with the average trade being worth of $41,549. The most recent stock trade was executed by Douglas L. Tobler on 21 March 2024, trading 3,500 units of VGZ stock currently worth $1,680.



What does Vista Gold do?

denver, colorado-based vista gold corp. (nyse mkt and tsx: vgz) is an international gold mining company with a 25-plus year history of gold exploration, development and operations. vista has been successful in the acquisition of projects and has a history of creating shareholder value through strategic transactions. vista is managed by a highly experienced group of mining professionals with a global track record of exploration, development and operational success.



What does Vista Gold's logo look like?

Vista Gold Corp. logo

Complete history of Mr. Richings stock trades at Vista Gold

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
4 Aug 2020 Michael B Richings
Option 5,867 $1.30 $7,627
4 Aug 2020
347,692
18 Aug 2019 Michael B Richings
Option 3,200 $0.87 $2,784
18 Aug 2019
341,825
25 Mar 2019 Michael B Richings
Option 8,000 $0.52 $4,160
25 Mar 2019
340,758
10 Dec 2018 Michael B Richings
Option 37,500 $0.36 $13,500
10 Dec 2018
370,258
18 Aug 2018 Michael B Richings
Option 17,600 $0.52 $9,152
18 Aug 2018
332,758
4 Aug 2018 Michael B Richings
Option 5,867 $0.58 $3,403
4 Aug 2018
315,158
28 Jul 2018 Michael B Richings
Option 6,400 $0.61 $3,904
28 Jul 2018
309,291
8 Aug 2017 Michael B Richings
Option 62,000 $0.71 $44,020
8 Aug 2017
299,691
3 Oct 2016 Michael B Richings
Sale 31,600 $1.03 $32,548
3 Oct 2016
220,691
11 Aug 2016 Michael B Richings
Option 91,000 $1.14 $103,740
11 Aug 2016
252,291
10 Aug 2015 Michael B Richings
Option 5,198 $0.30 $1,559
10 Aug 2015
161,291
10 Aug 2015 Michael B Richings
Option 5,198 $0.30 $1,559
10 Aug 2015
161,291
25 Nov 2009 Michael B Richings
Option 50,000 $2.95 $147,500
25 Nov 2009
137,397
5 Nov 2007 Michael B Richings
Option 6,775 $3.31 $22,425
5 Nov 2007
87,397
5 Jul 2007 Michael B Richings
Option 80,622 $3.08 $248,316
5 Jul 2007
80,622
1 Dec 2003 Michael B Richings
Option 5,000 $2.15 $10,750
1 Dec 2003
5,000


Vista Gold executives and stock owners

Vista Gold executives and other stock owners filed with the SEC include: