The estimated Net Worth of David C. Glendon is at least $3.81 million dollars as of 2 August 2021. Mr. Glendon owns over 2,200 units of Sprague Resources LP stock worth over $2,187,180 and over the last 11 years he sold SRLP stock worth over $723,560. In addition, he makes $897,787 as President, Chief Executive Officer et Director of Sprague Resources GP LLC at Sprague Resources LP.
David has made over 22 trades of the Sprague Resources LP stock since 2013, according to the Form 4 filled with the SEC. Most recently he sold 2,200 units of SRLP stock worth $61,952 on 2 August 2021.
The largest trade he's ever made was buying 5,000 units of Sprague Resources LP stock on 25 October 2013 worth over $88,200. On average, David trades about 1,089 units every 81 days since 2013. As of 2 August 2021 he still owns at least 109,359 units of Sprague Resources LP stock.
You can see the complete history of Mr. Glendon stock trades at the bottom of the page.
David C. Glendon serves as President, Chief Executive Officer, Director of Sprague Resources GP LLC of the Company. Mr. Glendon was hired by our Predecessor on June 30, 2003 as the Senior Vice President of Oil and Materials Handling, focusing on driving the execution of a customer-centric approach across all elements of the business. Prior to joining our Predecessor, Mr. Glendon was a partner and global account manager at Monitor Group. He was also a founder and managing director of Monitor Equity Advisors, which worked with leading private capital providers in evaluating transactions and enhancing the strategic positions of their portfolio investments. Mr. Glendon received a Bachelor’s degree, cum laude, in Psychology from Williams College and a Master’s degree in Business Administration from the Stanford Graduate School of Business. As a result of his professional background, we believe Mr. Glendon brings executive-level strategic and financial skills along with significant operational experience that, when combined with his 15 years of consulting experience in a variety of industries and a deep knowledge of our business, make Mr. Glendon well-suited to serve on the board of directors of our General Partner.
As the President, Chief Executive Officer et Director of Sprague Resources GP LLC of Sprague Resources LP, the total compensation of David Glendon at Sprague Resources LP is $897,787. There are 1 executives at Sprague Resources LP getting paid more, with Joseph Smith having the highest compensation of $1,090,100.
David Glendon is 54, he's been the President, Chief Executive Officer et Director of Sprague Resources GP LLC of Sprague Resources LP since 2011. There are 17 older and 5 younger executives at Sprague Resources LP. The oldest executive at Sprague Resources LP is Burton S. Russell, 65, who is the VP of Operations - Sprague Resources GP LLC.
Over the last 11 years, insiders at Sprague Resources LP have traded over $267,961,199 worth of Sprague Resources LP stock and bought 23,520,356 units worth $409,613,376 . The most active insiders traders include Resources Holdings Llcjohns..., Hp Holdings Llc Hartree Bul... et Hp Holdings Llc Hartree Par.... On average, Sprague Resources LP executives and independent directors trade stock every 60 days with the average trade being worth of $14,442,020. The most recent stock trade was executed by Hp Holdings Llc Hartree Par... on 1 November 2022, trading 6,689,383 units of SRLP stock currently worth $133,787,660.
Founded in 1870 as the Charles H. Sprague Company, Sprague Resources LP is one of the largest independent wholesale suppliers of energy and materials handling services in the Northeast. Sprague Resources LP offers an extensive range of liquid distillate (e.g., heating oil and diesel), gasoline and residual fuel products and services as well as competitive natural gas supply and materials handling capabilities. Sprague Resources LP's customers benefit from its extensive network of owned and operated terminals throughout the Northeast and the company’s investment in customized products and solutions. Sprague Resources LP offers a diversity of offerings that is unmatched in its service territories and it is constantly searching for ways to expand its capabilities.
Sprague Resources LP executives and other stock owners filed with the SEC include: