Richard P. Teets Jr.
Net Worth

Last updated:

What is Richard P. Teets Jr. net worth?

The estimated net worth of Mr. Richard P. Teets Jr. is at least $655,060,814 as of 28 Nov 2018. He owns shares worth $652,860,814 as insider and has received compensation worth at least $2,200,000 in Steel Dynamics, Inc..

What is the salary of Richard P. Teets Jr.?

Mr. Richard P. Teets Jr. salary is $100,000 per year as Co-Founder & Director in Steel Dynamics, Inc..

How old is Richard P. Teets Jr.?

Mr. Richard P. Teets Jr. is 70 years old, born in 1955.

What stocks does Richard P. Teets Jr. currently own?

As insider, Mr. Richard P. Teets Jr. owns shares in one company:

Company Title Shares Price per share Total value
Steel Dynamics, Inc. (STLD) Co-Founder & Director 5,022,779 $129.98 $652,860,814

What does Steel Dynamics, Inc. do?

Steel Dynamics, Inc., together with its subsidiaries, operates as a steel producer and metal recycler in the United States. It operates through three segments: Steel Operations, Metals Recycling Operations, and Steel Fabrication Operations. The Steel Operations segment offers hot roll, cold roll, and coated steel products; parallel flange beams and channel sections, flat bars, large unequal leg angles, and reinforcing bars, as well as standard strength carbon, intermediate alloy hardness, and premium grade rail products; and engineered special-bar-quality products, merchant-bar-quality products, and other engineered round steel bars. The company also engages in turning, polishing, straightening, chamfering, threading, precision saw-cutting, and heat treating of bar products; and cutting to length, straightening, hole punching, shot blasting, welding, galvanizing, and coating of specialty products. Its products are used in construction, automotive, manufacturing, transportation, heavy and agriculture equipment, and pipe and tube markets. This segment sells directly to end-users, steel fabricators, and service centers. The Metals Recycling Operations segment purchases, processes, and resells ferrous and nonferrous scrap metals into reusable forms and grades. Its ferrous products include heavy melting steel, busheling, bundled scrap, shredded scrap, steel turnings, and cast-iron products; and nonferrous products comprise aluminum, brass, copper, stainless steel, and other nonferrous metals. This segment also provides transportation logistics, marketing, brokerage, and scrap management services. The Steel Fabrication Operations segment produces non-residential steel building components, such as steel joists, girders, trusses, and steel deck products. The company also exports its products. Steel Dynamics, Inc. was incorporated in 1993 and is headquartered in Fort Wayne, Indiana.

STLD logo
STLD
Steel Dynamics, Inc.
$129.98

Richard P. Teets Jr. insider trading

Steel Dynamics, Inc.

Mr. Richard P. Teets Jr. has made only one insider trade between 2003-2018, according to the Form 4 filled with the SEC. He purchased 20,000 units of STLD stock on 28 Nov 2018.

As of 28 Nov 2018 he still owns at least 5,022,779 units of STLD stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock 20,000 N/A N/A
Sale
Common Stock 140,295 N/A N/A
Option
Employee Stock Option (right to buy) 3,561 N/A N/A
Option
Common Stock 8,346 N/A N/A
Purchase
Common Stock 3,000 N/A N/A
Option
Employee Stock Option (right to buy) 4,422 N/A N/A
Option
Common Stock 4,422 N/A N/A
Option
Employee Stock Option (right to buy) 2,477 N/A N/A
Option
Common Stock 2,477 N/A N/A
Option
Common Stock 2,841 N/A N/A
Option
Employee Stock Option (right to buy) 2,841 N/A N/A
Option
Common Stock 15,297 N/A N/A
Option
Employee Stock Option (right to buy) 15,297 N/A N/A
Purchase
Common Stock 20,000 N/A N/A
Purchase
Common Stock 1,766 N/A N/A
Option
Common Stock 4,240 N/A N/A
Option
Employee Stock Option (right to buy) 4,240 N/A N/A
Purchase
Common Stock 10,000 N/A N/A
Option
Common Stock 16,264 N/A N/A
Option
Employee Stock Option (right to buy) 8,576 N/A N/A
Purchase
Common Stock 1,550 N/A N/A
Option
Common Stock 6,368 N/A N/A
Option
Common Stock 6,368 N/A N/A
Option
Common Stock 9,484 N/A N/A
Option
Employee Stock Option (right to buy) 9,484 N/A N/A
Purchase
Common Stock 2,166 N/A N/A
Purchase
Common Stock 2,166 N/A N/A
Option
Common Stock 12,336 N/A N/A
Option
Employee Stock Option (right to buy) 12,336 N/A N/A
Purchase
Common Stock 50,000 N/A N/A
Purchase
Common Stock 2,000 N/A N/A
Option
Common Stock 18,812 N/A N/A
Option
Employee Stock Option (right to buy) 18,812 N/A N/A
Purchase
Common Stock 500 N/A N/A
Purchase
Common Stock 100 N/A N/A
Purchase
Common Stock 600 N/A N/A
Option
Employee Stock Option (right to buy) 5,803 N/A N/A
Option
Common Stock 9,186 N/A N/A
Option
Common Stock 4,259 N/A N/A
Option
Employee Stock Option (right to buy) 4,259 N/A N/A
Option
Common Stock 6,038 N/A N/A
Option
Employee Stock Option (right to buy) 6,038 N/A N/A
Option
Common Stock 2,001 N/A N/A
Option
Employee Stock Option (right to buy) 2,001 N/A N/A
Option
Common Stock 8,324 N/A N/A
Option
Employee Stock Option (right to buy) 8,324 N/A N/A
Option
Common Stock 3,405 N/A N/A
Option
Employee Stock Option (right to buy) 3,405 N/A N/A
Option
Employee Stock Option (right to buy) 4,445 N/A N/A
Option
Common Stock 4,445 N/A N/A

Steel Dynamics key executives

Steel Dynamics, Inc. executives and other stock owners filed with the SEC: