Michael I. Schaffer Ph.D.
Net Worth

Last updated:

What is Michael I. Schaffer Ph.D. net worth?

The estimated net worth of Dr. Michael I. Schaffer Ph.D. is at least $3,209,027 as of 16 Dec 2022. He owns shares worth $99,327 as insider and has received compensation worth at least $3,109,700 in Psychemedics Corporation.

What is the salary of Michael I. Schaffer Ph.D.?

Dr. Michael I. Schaffer Ph.D. salary is $282,700 per year as Vice President of Laboratory Operations in Psychemedics Corporation.

How old is Michael I. Schaffer Ph.D.?

Dr. Michael I. Schaffer Ph.D. is 80 years old, born in 1945.

What stocks does Michael I. Schaffer Ph.D. currently own?

As insider, Dr. Michael I. Schaffer Ph.D. owns shares in one company:

Company Title Shares Price per share Total value
Psychemedics Corporation (PMD) Vice President of Laboratory Operations 37,201 $2.67 $99,327

What does Psychemedics Corporation do?

Psychemedics Corporation provides testing services for the detection of drugs of abuse through the analysis of hair samples in the United States, Brazil, and internationally. The company offers screening and confirmation by mass spectrometry using industry-accepted practices for cocaine, marijuana, and PCP; amphetamines, including ecstasy, eve, and Adderall; opiates, such as heroin, hydrocodone, hydromorphone, oxycodone, oxymorphone, and codeine; synthetic cannabinoids comprising K2, Spice, and Blaze; benzodiazepines consisting of Xanax, Valium, and Ativan; and nicotine and Fentanyl. Its testing results provide quantitative information that could indicate the approximate amount of drug ingested, as well as historical data that could show a pattern of individual drug use over a longer period-of-time. The company offers its services to employers for applicant and employee testing; and treatment professionals, law enforcement agencies, school administrators, and parents concerned about their children's drug use. Psychemedics Corporation was incorporated in 1986 and is headquartered in Acton, Massachusetts.

PMD logo
PMD
Psychemedics Corporation
$2.67

Michael I. Schaffer Ph.D. insider trading

Psychemedics Corporation

Dr. Michael I. Schaffer Ph.D. has made 10 insider trades between 2014-2022, according to the Form 4 filled with the SEC. Most recently he purchased 100 units of PMD stock worth $495 on 16 Dec 2022.

The largest trade he's ever made was exercising 16,600 units of PMD stock on 10 Mar 2014. As of 16 Dec 2022 he still owns at least 37,201 units of PMD stock.

Transaction Date Security Shares Price per share Total value Source
Purchase
Common Stock, $.005 Par Value 100 $4.95 $495
Purchase
Common Stock, $.005 Par Value 500 N/A N/A
Sale
Common Stock, $.005 Par Value 3,900 N/A N/A
Sale
Common Stock, $.005 Par Value 2,631 N/A N/A
Sale
Common Stock, $.005 Par Value 2,800 N/A N/A
Sale
Common Stock, $.005 Par Value 6,324 N/A N/A
Sale
Common Stock, $.005 Par Value 2,167 N/A N/A
Sale
Common Stock, $.005 Par Value 4,400 N/A N/A
Sale
Common Stock, $.005 Par Value 981 N/A N/A
Sale
Common Stock, $.005 Par Value 3,000 N/A N/A
Purchase
Common Stock, $.005 Par Value 4,507 N/A N/A
Sale
Common Stock, $.005 Par Value 1,236 N/A N/A
Sale
Common Stock, $.005 Par Value 1,601 N/A N/A
Option
Common Stock, $.005 Par Value 16,600 N/A N/A
Option
2000 Stock Option Plan 10,250 N/A N/A
Option
Common Stock, $.005 Par Value 3,000 N/A N/A
Option
2000 Stock Option Plan 3,000 N/A N/A

Psychemedics key executives

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