Michael D. Siegal
Net Worth
Last updated:
What is Michael D. Siegal net worth?
The estimated net worth of Mr. Michael D. Siegal is at least $58,856,060 as of 3 Mar 2023. He owns shares worth $35,949,589 as insider, has earned $15,428,261 from insider trading and has received compensation worth at least $7,478,210 in Olympic Steel, Inc..
What is the salary of Michael D. Siegal?
Mr. Michael D. Siegal salary is $393,590 per year as Executive Chairman in Olympic Steel, Inc..
How old is Michael D. Siegal?
Mr. Michael D. Siegal is 73 years old, born in 1952.
What stocks does Michael D. Siegal currently own?
As insider, Mr. Michael D. Siegal owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| Olympic Steel, Inc. (ZEUS) | Executive Chairman | 1,102,072 | $32.62 | $35,949,589 |
What does Olympic Steel, Inc. do?
Olympic Steel, Inc. processes, distributes, and storage metal products in the United States and internationally. It operates in three segments: Carbon Flat Products; Specialty Metals Flat Products; and Tubular and Pipe Products. The Carbon Flat Products segment sells and distributes processed carbon and coated flat-rolled sheets, coil and plate products, and fabricated parts. The Specialty Metals Flat Products segment sells and distributes processed aluminum and stainless flat-rolled sheets and coil products, flat bar products, and fabricated parts, as well as stainless steel and aluminum plates, sheets, angles, rounds, flat bars, tubing and pipe, and prime tin mill products. The Tubular and Pipe Products segment distributes metal tubing products, pipes, bars, valves and fittings, and fabricated pressure parts. The company also provides various processing services comprising cutting-to-length, slitting, shearing, roll forming, shape correction, surface improvement, blanking, tempering, plate burning, and stamping as well as offers value-added processing of saw cutting, laser cutting, beveling, threading, and grooving services. In addition, the company provides shot blasting, grinding, edging, and polishing; bending, drilling, milling, tapping, boring, and sawing metal; machining, welding, assembly, and painting of component parts. Further, the company process metals to specified lengths, widths, shapes, and surface. It serves metal consuming industries, such as manufacturers and fabricators of transportation and material handling lift equipment, construction, mining and farm equipment, agriculture equipment, storage tanks, environmental and energy generation equipment, automobiles, food service, commercial appliances, and electrical equipment as well as military vehicles and equipment, general and plate fabricators, and metals service centers through direct sales force. Olympic Steel, Inc. was founded in 1954 and is based in Bedford Heights, Ohio.
Michael D. Siegal insider trading
Olympic Steel, Inc.
Mr. Michael D. Siegal has made 10 insider trades between 2006-2023, according to the Form 4 filled with the SEC. Most recently he sold 10,000 units of ZEUS stock worth $547,600 on 3 Mar 2023.
The largest trade he's ever made was exercising 131,530 units of ZEUS stock on 1 May 2006. As of 3 Mar 2023 he still owns at least 1,102,072 units of ZEUS stock.
Olympic Steel key executives
Olympic Steel, Inc. executives and other stock owners filed with the SEC:
- Mr. Andrew S. Greiff (64) Pres & Chief Operating Officer
- Mr. Michael D. Siegal (73) Executive Chairman
- Mr. Richard A. Manson (56) Chief Financial Officer
- Mr. Richard T. Marabito (61) Chief Executive Officer & Director
- Ms. Lisa K. Christen (48) Treasurer & Corporation Controller