Gerardo Norcia
Net Worth

Last updated:

What is Gerardo Norcia net worth?

The estimated net worth of Mr. Gerardo Norcia is at least $77,056,809 as of 7 Jun 2017. He owns shares worth $9,217,865 as insider, has earned $6,338,944 from insider trading and has received compensation worth at least $61,500,000 in DTE Energy Company.

What is the salary of Gerardo Norcia?

Mr. Gerardo Norcia salary is $4,100,000 per year as Pres, Chief Executive Officer & Director in DTE Energy Company.

How old is Gerardo Norcia?

Mr. Gerardo Norcia is 62 years old, born in 1963.

What stocks does Gerardo Norcia currently own?

As insider, Mr. Gerardo Norcia owns shares in one company:

Company Title Shares Price per share Total value
DTE Energy Company (DTE) Pres, Chief Executive Officer & Director 66,392 $138.84 $9,217,865

What does DTE Energy Company do?

DTE Energy Company engages in the utility operations. The company's Electric segment generates, purchases, distributes, and sells electricity to approximately 2.3 million residential, commercial, and industrial customers in southeastern Michigan. It generates electricity through fossil-fuel, hydroelectric pumped storage, and nuclear plants, as well as wind and other renewable assets. This segment owns and operates approximately 698 distribution substations and 449,800 line transformers. The company's Gas segment purchases, stores, transports, distributes, and sells natural gas to approximately 1.3 million residential, commercial, and industrial customers throughout Michigan; and sells storage and transportation capacity. This segment has approximately 20,000 miles of distribution mains; 1,304,000 service pipelines; and 1,305,000 active meters, as well as owns approximately 2,000 miles of transmission pipelines. The company's Power and Industrial Projects segment offers metallurgical coke; pulverized coal and petroleum coke to the steel, pulp and paper, and other industries; and power, steam and chilled water production, and wastewater treatment services, as well as supplies compressed air to industrial customers. Its Energy Trading segment engages in power, natural gas, and environmental marketing and trading; structured transactions; and the optimization of contracted natural gas pipeline transportation and storage positions. The company was founded in 1903 and is headquartered in Detroit, Michigan.

Gerardo Norcia insider trading

DTE Energy Company

Mr. Gerardo Norcia has made 6 insider trades between 2010-2017, according to the Form 4 filled with the SEC. Most recently he sold 4,838 units of DTE stock worth $535,717 on 7 Jun 2017.

The largest trade he's ever made was exercising 40,000 units of DTE stock on 20 Feb 2014. As of 7 Jun 2017 he still owns at least 66,392 units of DTE stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 4,838 $110.73 $535,717
Option
Common stock (right to buy) 2,480 $44.72 $110,906
Option
Common Stock 7,480 $46.24 $345,838
Sale
Common Stock 7,480 $77.42 $579,102
Sale
Common Stock 40,000 $72.3 $2,892,040
Option
Common stock (right to buy) 20,000 $41.79 $835,800
Option
Common Stock 40,000 $41.79 $1,671,600
Option
Common Stock 23,334 $35.56 $829,757
Option
Common stock (43.42right to buy) 10,000 $43.42 $434,200
Sale
Common Stock 23,334 $66.76 $1,557,801
Sale
Common Stock 10,420 $56.59 $589,637
Option
Common Stock (right to buy) 5,000 $46.23 $231,150
Option
Common Stock 10,420 $42.37 $441,464
Option
Common Stock 6,666 $27.7 $184,648
Sale
Common Stock 6,666 $27.7 $184,648
Option
Stock Option (right to buy) 6,666 $27.7 $184,648