Michael J. Covey
Net Worth

Last updated:

What is Michael J. Covey net worth?

The estimated net worth of Mr. Michael J. Covey is at least $96,758,519 as of 28 Feb 2023. He owns shares worth $5,039,707 as insider, has earned $20,088,812 from insider trading and has received compensation worth at least $71,630,000 in PotlatchDeltic Corporation.

What is the salary of Michael J. Covey?

Mr. Michael J. Covey salary is $3,770,000 per year as Executive Chairman in PotlatchDeltic Corporation.

How old is Michael J. Covey?

Mr. Michael J. Covey is 67 years old, born in 1958.

What stocks does Michael J. Covey currently own?

As insider, Mr. Michael J. Covey owns shares in one company:

Company Title Shares Price per share Total value
PotlatchDeltic Corporation (PCH) Executive Chairman 116,768 $43.16 $5,039,707

What does PotlatchDeltic Corporation do?

PotlatchDeltic (NASDAQ:PCH) is a leading Real Estate Investment Trust (REIT) that owns 1.8 million acres of timberlands in Alabama, Arkansas, Idaho, Louisiana, Minnesota and Mississippi. Through its taxable REIT subsidiary, the company also operates six sawmills, an industrial-grade plywood mill, a residential and commercial real estate development business and a rural timberland sales program. PotlatchDeltic, a leader in sustainable forest management, is committed to environmental and social responsibility and to responsible governance.

PCH logo
PCH
PotlatchDeltic Corporation
$43.16

Michael J. Covey insider trading

PotlatchDeltic Corporation

Mr. Michael J. Covey has made 22 insider trades between 2006-2023, according to the Form 4 filled with the SEC. Most recently he sold 48,248 units of PCH stock worth $2,239,383 on 28 Feb 2023.

The largest trade he's ever made was exercising 65,000 units of PCH stock on 25 Oct 2012. As of 28 Feb 2023 he still owns at least 116,768 units of PCH stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 48,248 $46.41 $2,239,383
Sale
Common Stock 5,547 $47.06 $261,014
Sale
Common Stock 20,500 $48 $983,980
Sale
Common Stock 61,448 $55.27 $3,396,292
Sale
Common Stock 335 $54.68 $18,318
Sale
Common Stock 6,051 $53.89 $326,088
Sale
Common Stock 29,818 $53.81 $1,604,507
Option
Phantom Stock 32,910 N/A N/A
Option
Phantom Stock 32,910 N/A N/A
Option
Common Stock 64,148 $51.77 $3,320,942
Sale
Common Stock 34,723 $59.93 $2,080,949
Sale
Common Stock 26,048 $60.02 $1,563,401
Sale
Common Stock 39,341 $59.34 $2,334,298
Sale
Common Stock 40,400 $60.83 $2,457,653
Sale
Common Stock 36,586 $53.13 $1,943,631
Sale
Common Stock 21,106 $41.66 $879,297
Sale
Common Stock 21,106 N/A N/A
Sale
Common Stock 40,722 N/A N/A
Sale
Common Stock 59,525 N/A N/A
Sale
Common Stock 39,414 N/A N/A
Sale
Common Stock 19,413 N/A N/A
Sale
Common Stock 40,000 N/A N/A
Sale
Common Stock 40,000 N/A N/A
Sale
Common Stock 15,000 N/A N/A
Sale
Common Stock 65,000 N/A N/A
Purchase
Common Stock 15,000 N/A N/A

PotlatchDeltic key executives

PotlatchDeltic Corporation executives and other stock owners filed with the SEC:

  • Mr. Eric J. Cremers (61) Pres, Chief Executive Officer & Director
  • Mr. Jerald W. Richards CPA (57) Vice President & Chief Financial Officer
  • Mr. Michael J. Covey (67) Executive Chairman
  • Mr. Thomas J. Temple (68) Vice President of Wood Products
  • Ms. Michele L. Tyler (56) Vice President, Gen. Counsel & Corporation Sec.