The estimated Net Worth of Douglas J May is at least $10.3 million dollars as of 24 January 2023. Mr. May owns over 13,697 units of Magellan Midstream Partners L.P stock worth over $5,218,608 and over the last 11 years he sold MMP stock worth over $3,037,642. In addition, he makes $2,022,370 as Senior Vice President, General Counsel, Compliance and Ethics Officer and Assistant Secretary of Magellan GP et LLC at Magellan Midstream Partners L.P.
Douglas has made over 16 trades of the Magellan Midstream Partners L.P stock since 2014, according to the Form 4 filled with the SEC. Most recently he exercised 13,697 units of MMP stock worth $687,726 on 24 January 2023.
The largest trade he's ever made was exercising 25,855 units of Magellan Midstream Partners L.P stock on 27 January 2015 worth over $2,137,174. On average, Douglas trades about 10,001 units every 156 days since 2014. As of 24 January 2023 he still owns at least 75,632 units of Magellan Midstream Partners L.P stock.
You can see the complete history of Mr. May stock trades at the bottom of the page.
Douglas J. May serves as Senior Vice President, General Counsel, Compliance and Ethics Officer and Assistant Secretary of Magellan GP, LLC of the Company. He served as Vice President and Assistant General Counsel of our general partner from 2011 until 2012. Prior to joining Magellan in 2011, Mr. May was a shareholder at the Tulsa, Oklahoma office of GableGotwals law firm. He was elected a GableGotwals shareholder in 2003 and served on the firm's board of directors from 2008 until 2011. Prior to joining GableGotwals in 2001, Mr. May held various legal positions with Williams and served as an associate attorney at Skadden, Arps, Slate, Meagher & Flom.
As the Senior Vice President, General Counsel, Compliance and Ethics Officer and Assistant Secretary of Magellan GP et LLC of Magellan Midstream Partners L.P, the total compensation of Douglas May at Magellan Midstream Partners L.P is $2,022,370. There are 4 executives at Magellan Midstream Partners L.P getting paid more, with Michael Mears having the highest compensation of $7,210,220.
Douglas May is 49, he's been the Senior Vice President, General Counsel, Compliance and Ethics Officer and Assistant Secretary of Magellan GP et LLC of Magellan Midstream Partners L.P since 2012. There are 20 older and 4 younger executives at Magellan Midstream Partners L.P. The oldest executive at Magellan Midstream Partners L.P. is Robert Croyle, 77, who is the Independent Director of Magellan GP, LLC.
Douglas's mailing address filed with the SEC is ONE WILLIAMS CENTER, , TULSA, OK, 74172.
Over the last 21 years, insiders at Magellan Midstream Partners L.P have traded over $636,773,711 worth of Magellan Midstream Partners L.P stock and bought 44,070 units worth $1,953,329 . The most active insiders traders include Chansoo Joung, Midstream Holdings Lpmagell... et Mark G Papa. On average, Magellan Midstream Partners L.P executives and independent directors trade stock every 37 days with the average trade being worth of $5,540,148. The most recent stock trade was executed by Sivasankaran Somasundaram on 22 September 2023, trading 500 units of MMP stock currently worth $34,500.
magellan moves the fuel that keeps america going. magellan midstream partners, l.p. (nyse: mmp) is a publicly traded partnership that primarily transports, stores and distributes refined petroleum products and crude oil. the partnership owns the longest refined petroleum products pipeline system in the country, with access to nearly 50% of the nation’s refining capacity, and can store nearly 100 million barrels of petroleum products such as gasoline, diesel fuel and crude oil. headquartered in tulsa, oklahoma, magellan operates in 24 states and has more than 1,700 employees. magellan has career opportunities for talented, motivated professionals. we offer competitive pay and excellent benefits. safety, efficiency, honesty and responsibility are at the core of our business. our character is demonstrated in the respect we show for our co-workers, our company and the communities in which we operate.
Magellan Midstream Partners L.P executives and other stock owners filed with the SEC include: