David Phipps
Net Worth
Last updated:
What is David Phipps net worth?
The estimated net worth of Mr. David Phipps is at least $4,679,230 as of 5 Jan 2022. He owns shares worth $1,474,830 as insider, has earned $178,000 from insider trading and has received compensation worth at least $3,026,400 in NextPlat Corp.
What is the salary of David Phipps?
Mr. David Phipps salary is $302,640 per year as Pres, Chief Executive Officer of Global Operations & Director in NextPlat Corp.
How old is David Phipps?
Mr. David Phipps is 59 years old, born in 1966.
What stocks does David Phipps currently own?
As insider, Mr. David Phipps owns shares in one company:
| Company | Title | Shares | Price per share | Total value |
|---|---|---|---|---|
| NextPlat Corp (OSAT) | Pres, Chief Executive Officer of Global Operations & Director | 393,288 | $3.75 | $1,474,830 |
What does NextPlat Corp do?
Orbsat Corp., together with its subsidiaries, provides mobile satellite services (MSS) solutions for satellite-enabled voice, data, personnel and asset tracking, machine-to-machine, and Internet of Things (IoT) connectivity services in the United States and internationally. Its solutions include satellite communications, IoT tracking, and Internet, as well as emergency locator beacons. The company also provides tracking and monitoring solutions using automatic identification system, 2G-5G, push-to-talk, and two-way radio technology; and sells MSS related equipment. In addition, it operates GTCTrack, a subscription-based mapping and tracking portal that provides cloud-based data visualization and management platform that allow managers to track, command, and control assets in near-real-time; and a short-term rental service for customers to use equipment for a limited time period. The company provides its solutions for businesses, governments, military, humanitarian organizations, and individual users to communicate, connect to internet, track and monitor remote assets and lone workers, or request SOS assistance via satellite. It offers its products and services directly to end users and reseller networks; operates e-commerce websites that offer a range of MSS products and solutions; and offers portable satellite voice, data, and tracking solutions through various third-party e-commerce storefronts. The company was formerly known as Orbital Tracking Corp and changed its name to Orbsat Corp. in August 2019. Orbsat Corp. was incorporated in 1997 and is headquartered in Aventura, Florida.
David Phipps insider trading
NextPlat Corp
Mr. David Phipps has made 2 insider trades between 2015-2022, according to the Form 4 filled with the SEC. Most recently he purchased 46,297 units of OSAT stock worth $150,002 on 5 Jan 2022.
The largest trade he's ever made was exercising 400,000 units of OSAT stock on 21 Aug 2020. As of 5 Jan 2022 he still owns at least 393,288 units of OSAT stock.
NextPlat Corp key executives
NextPlat Corp executives and other stock owners filed with the SEC:
- Mr. David Phipps (59) Pres, Chief Executive Officer of Global Operations & Director
- Ms. Theresa Carlise (66) Chief Accounting Officer, Controller, Treasurer & Sec.