Michael A. Stivala
Net Worth

Last updated:

What is Michael A. Stivala net worth?

The estimated net worth of Mr. Michael A. Stivala is at least $40,647,224 as of 2 Jan 2024. He owns shares worth $5,284,374 as insider, has earned $1,562,850 from insider trading and has received compensation worth at least $33,800,000 in Suburban Propane Partners, L.P..

What is the salary of Michael A. Stivala?

Mr. Michael A. Stivala salary is $1,690,000 per year as Pres, Chief Executive Officer & Supervisor in Suburban Propane Partners, L.P..

How old is Michael A. Stivala?

Mr. Michael A. Stivala is 56 years old, born in 1969.

What stocks does Michael A. Stivala currently own?

As insider, Mr. Michael A. Stivala owns shares in one company:

Company Title Shares Price per share Total value
Suburban Propane Partners, L.P. (SPH) Pres, Chief Executive Officer & Supervisor 288,291 $18.33 $5,284,374

What does Suburban Propane Partners, L.P. do?

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. The company operates in four segments: Propane, Fuel Oil and Refined Fuels, Natural Gas and Electricity, and All Other. The Propane segment is involved in the retail distribution of propane to residential, commercial, industrial, and agricultural customers, as well as in the wholesale distribution to industrial end users. It offers propane primarily for space heating, water heating, cooking, and clothes drying in the residential and commercial markets; for use as a motor fuel in internal combustion engines to power over-the-road vehicles, forklifts, and stationary engines, as well as to fire furnaces, as a cutting gas to the industrial customers, and in other process applications; and for tobacco curing, crop drying, poultry brooding, and weed control in the agricultural markets. The Fuel Oil and Refined Fuels segment engages in the retail distribution of fuel oil, diesel, kerosene, and gasoline to residential and commercial customers for use primarily as a source of heat in homes and buildings. The Natural Gas and Electricity segment markets natural gas and electricity to residential and commercial customers in the deregulated energy markets in New York and Pennsylvania. The All Other segment sells, installs, and services a range of home comfort equipment, including whole-house heating products, air cleaners, humidifiers, and space heaters. As of September 25, 2021, the company served approximately 1.0 million residential, commercial, industrial, and agricultural customers through 700 locations in 41 states primarily in the east and west coast regions of the United States, as well as portions of the Midwest region of the United States and Alaska. Suburban Energy Services Group LLC serves as a general partner of Suburban Propane Partners, L.P. The company was founded in 1945 and is headquartered in Whippany, New Jersey.

Michael A. Stivala insider trading

Suburban Propane Partners, L.P.

Mr. Michael A. Stivala has made 8 insider trades between 2005-2024, according to the Form 4 filled with the SEC. Most recently he sold 90,000 units of SPH stock worth $1,562,850 on 2 Jan 2024.

The largest trade he's ever made was exercising 90,000 units of SPH stock on 2 Jan 2024. As of 2 Jan 2024 he still owns at least 288,291 units of SPH stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Units (representing limited partnership interests) 90,000 $17.37 $1,562,850
Sale
Common Units (representing limited partnership interests) 5,000 N/A N/A
Sale
Common Units (representing limited partnership interests) 3,150 N/A N/A
Sale
Common Units (representing limited partnership interests) 1,375 N/A N/A
Sale
Common Units (representing limited partnership interests) 5,000 N/A N/A
Sale
Common Units (representing limited partnership interests) 1,000 N/A N/A
Sale
Common Units (representing limited partnership interests) 1,200 N/A N/A
Sale
Common Units (representing limited partnership interests) 425 N/A N/A

Suburban Propane Partners, L.P. key executives

Suburban Propane Partners, L.P. executives and other stock owners filed with the SEC: