Last updated: 14 June 2024 at 7:48am EST

Richard Berman Net Worth




The estimated Net Worth of Richard J Berman is at least $3.51 Million dollars as of 15 May 2024. Mr. Berman owns over 8,105 units of CryoPort Inc stock worth over $779,000 and over the last 19 years he sold CYRX stock worth over $2,316,247. In addition, he makes $411,408 as Lead Independent Director at CryoPort Inc.

Mr. Berman CYRX stock SEC Form 4 insiders trading

Richard has made over 27 trades of the CryoPort Inc stock since 2010, according to the Form 4 filled with the SEC. Most recently he sold 8,105 units of CYRX stock worth $108,688 on 15 May 2024.

The largest trade he's ever made was selling 760,624 units of CryoPort Inc stock on 12 February 2010 worth over $121,700. On average, Richard trades about 25,600 units every 71 days since 2005. As of 15 May 2024 he still owns at least 100,000 units of CryoPort Inc stock.

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





Richard Berman biography

Richard J. Berman J.D. serves as Lead Independent Director of the Company. Mr. Berman became a member of our board of directors in January 2015 and serves as Chairman of the Audit Committee and member of the Compensation Committee and Nomination and Governance Committee of our board of directors. Mr. Berman’s business career spans over 35 years of venture capital, senior management and merger & acquisitions experience. Mr. Berman has served as a director and/or officer of over a dozen public and private companies. From 2006 to 2011, he was Chairman of National Investment Managers, a company with $12 billion in pension administration assets. Mr. Berman is a director of four publicly traded healthcare companies: Advaxis, Inc., Catasys, Inc., Cryoport Inc. and Immuron Limited. From 2002 to 2010, he was a director of Nexmed Inc. where he also served as Chairman/CEO in 2008 and 2009 (formerly Apricus Biosciences, Inc.); From 1998 to 2000, he was employed by Internet Commerce Corporation (now Easylink Services) as Chairman and CEO, and was a director from 1998 to 2012. Previously, Mr. Berman worked at Goldman Sachs; was Senior Vice President of Bankers Trust Company, where he started the M&A and Leveraged Buyout Departments; created the largest battery company in the world in the 1980’s by merging Prestolite, General Battery and Exide to form Exide Technologies (XIDE); helped to create what is now Soho (NYC) by developing five buildings; and advised on over $4 billion of M&A transactions. He is a past Director of the Stern School of Business of NYU where he obtained his BS and MBA. He also has U.S. and foreign law degrees from Boston College and The Hague Academy of International Law, respectively.

What is the salary of Richard Berman?

As the Lead Independent Director of CryoPort Inc, the total compensation of Richard Berman at CryoPort Inc is $411,408. There are 5 executives at CryoPort Inc getting paid more, with Jerrell Shelton having the highest compensation of $3,839,460.



How old is Richard Berman?

Richard Berman is 77, he's been the Lead Independent Director of CryoPort Inc since 2015. There are no older and 9 younger executives at CryoPort Inc.

What's Richard Berman's mailing address?

Richard's mailing address filed with the SEC is 2001 MARKET STREET, SUITE 3915, UNIT #15, PHILADELPHIA, PA, 19103.

Insiders trading at CryoPort Inc

Over the last 12 years, insiders at CryoPort Inc have traded over $202,268,038 worth of CryoPort Inc stock and bought 80,292 units worth $196,910 . The most active insiders traders include Holdings Ii L.P.Blackstone ..., Richard J Berman, and Jerrell Shelton. On average, CryoPort Inc executives and independent directors trade stock every 39 days with the average trade being worth of $414,958. The most recent stock trade was executed by Robert J Hariri on 19 August 2024, trading 1,000 units of CYRX stock currently worth $9,470.



What does CryoPort Inc do?

cryoport delivers an innovative and complete outsourced frozen shipping solution for biological materials. this breakthrough combination replaces outdated dry ice shipping, virtually eliminates the risk of cell degradation and revolutionizes deep frozen logistics. we combine the technology of liquid nitrogen dry vapor shippers with the most advanced logistics management platform in the industry. when added with our logistics expertise, we provide a complete outsourced solution that advances deep-frozen shipping for the life science community. whether your business is bio-pharmaceuticals, clinical trials, research or reproductive medicine, you want to focus on your core mission. cryoport will help you transport life.



What does CryoPort Inc's logo look like?

CryoPort Inc logo

Complete history of Mr. Berman stock trades at Ayala Pharmaceuticals, Caladrius Biosciences Inc, Ontrak Inc, CryoPort Inc, BioVie, and Centrexion Therapeutics

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 May 2024 Richard J Berman
Director
Sale 8,105 $13.41 $108,688
15 May 2024
100,000
11 May 2023 Richard J Berman
Director
Sale 7,203 $21.51 $154,937
11 May 2023
100,000
1 Dec 2022 Richard J Berman
Director
Sale 7,250 $19.63 $142,318
1 Dec 2022
0
16 Aug 2022 Richard J Berman
Director
Sale 2,708 $43.05 $116,579
16 Aug 2022
107,203
29 Apr 2022 Richard J Berman
Director
Option 2,708 $22.56 $61,092
29 Apr 2022
109,911
13 Sep 2021 Richard J Berman
Director
Option 25,000 $15.95 $398,750
13 Sep 2021
125,000
7 Apr 2021 Richard J Berman
Director
Option 27,789 $13.09 $363,758
7 Apr 2021
100,000
24 Mar 2021 Richard J Berman
Director
Option 51,129 $7.51 $383,979
24 Mar 2021
72,211
25 Feb 2021 Richard J Berman
Director
Option 21,082 $4.74 $99,929
25 Feb 2021
21,082
11 Nov 2020 Richard J Berman
Director
Option 20,000 $3.94 $78,800
11 Nov 2020
20,000
19 Nov 2019 Richard J Berman
Director
Option 5,000 $3.07 $15,350
19 Nov 2019
5,000
13 Nov 2019 Richard J Berman
Director
Option 10,000 $3.07 $30,700
13 Nov 2019
5,000
15 Mar 2019 Richard J Berman
Director
Option 30,000 $3.07 $92,100
15 Mar 2019
30,000
14 Nov 2018 Richard J Berman
Director
Option 30,000 $3.07 $92,100
14 Nov 2018
10,200
6 Sep 2018 Richard J Berman
Director
Option 10,000 $3.07 $30,700
6 Sep 2018
10,000
15 Aug 2018 Richard J Berman
Director
Option 20,000 $3.07 $61,400
15 Aug 2018
20,000
25 May 2018 Richard J Berman
Director
Sale 2,000 $11.91 $23,820
25 May 2018
6,138
14 Aug 2017 Richard J Berman
Director
Sale 21,396 $7.73 $165,391
14 Aug 2017
0
22 Aug 2023 Richard J Berman
Director
Sale 10,805 $3.50 $37,818
22 Aug 2023
16,789
22 May 2023 Richard J Berman
Director
Sale 10,984 $6.13 $67,332
22 May 2023
23,210
27 Mar 2023 Richard J Berman
Director
Sale 10,984 $8.52 $93,584
27 Mar 2023
34,194
8 Aug 2016 Richard J Berman
Director
Sale 33,761 $15.42 $520,595
8 Aug 2016
50,669
8 Aug 2016 Richard J Berman
Director
Sale 33,761 $15.42 $520,595
8 Aug 2016
50,669
17 Dec 2015 Richard J Berman
Director
Sale 14,332 $12.39 $177,573
17 Dec 2015
84,430
9 May 2014 Richard J Berman
Director
Sale 14,530 $2.63 $38,214
9 May 2014
0
20 Nov 2012 Richard J Berman
Director
Sale 677,632 $0.04 $27,105
20 Nov 2012
0
12 Feb 2010 Richard J Berman
Director
Sale 760,624 $0.16 $121,700
12 Feb 2010
0


CryoPort Inc executives and stock owners

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