Michael P. Shanley
Net Worth

Last updated:

What is Michael P. Shanley net worth?

The estimated net worth of Mr. Michael P. Shanley is at least $31,944,648 as of 28 Feb 2022. He owns shares worth $7,215,433 as insider, has earned $4,929,215 from insider trading and has received compensation worth at least $19,800,000 in Reliance Steel & Aluminum Co..

What is the salary of Michael P. Shanley?

Mr. Michael P. Shanley salary is $2,200,000 per year as Senior Vice President of Operations in Reliance Steel & Aluminum Co..

How old is Michael P. Shanley?

Mr. Michael P. Shanley is 67 years old, born in 1958.

What stocks does Michael P. Shanley currently own?

As insider, Mr. Michael P. Shanley owns shares in one company:

Company Title Shares Price per share Total value
Reliance Steel & Aluminum Co. (RS) Senior Vice President of Operations 25,126 $287.17 $7,215,433

What does Reliance Steel & Aluminum Co. do?

Reliance Steel & Aluminum Co. operates as a diversified metal solutions provider and the metals service center company in the United States, Canada, and internationally. The company distributes a line of approximately 100,000 metal products, including alloy, aluminum, brass, copper, carbon steel, stainless steel, titanium, and specialty steel products; and provides metals processing services to general manufacturing, non-residential construction, transportation, aerospace, energy, electronics and semiconductor fabrication, and heavy industries. It also distributes non-ferrous metals products and tubular building products; and manufactures specialty extruded metals, fabricated parts, and welded components. As of December 31, 2021, the company operated a network of approximately 315 locations in 40 states in the United States and 13 in other countries. It sells its products directly to original equipment manufacturers, which primarily include small machine shops and fabricators. The company was founded in 1939 and is headquartered in Los Angeles, California.

RS logo
RS
Reliance Steel & Aluminum Co.
$287.17

Michael P. Shanley insider trading

Reliance Steel & Aluminum Co.

Mr. Michael P. Shanley has made 10 insider trades between 2016-2022, according to the Form 4 filled with the SEC. Most recently he sold 19,059 units of RS stock worth $3,559,078 on 28 Feb 2022.

The largest trade he's ever made was exercising 19,059 units of RS stock on 28 Feb 2022. As of 28 Feb 2022 he still owns at least 25,126 units of RS stock.

Transaction Date Security Shares Price per share Total value Source
Sale
Common Stock 19,059 $186.74 $3,559,078
Sale
Common Stock 1,200 $184.07 $220,884
Sale
Common Stock 2,405 $185.78 $446,801
Sale
Common Stock 3,787 N/A N/A
Sale
Common Stock 6,040 $116.3 $702,452
Sale
Common Stock 7,385 N/A N/A
Sale
Common Stock 8,870 N/A N/A
Sale
Common Stock 4,069 N/A N/A
Option
Common Stock 290 N/A N/A
Option
Restricted Stock Units 290 N/A N/A
Option
Option to Acquire Common Stock 5,500 N/A N/A
Option
Common Stock 5,500 N/A N/A
Sale
Common Stock 5,500 N/A N/A
Option
Common Stock 383 N/A N/A
Option
Restricted Stock Units 383 N/A N/A
Option
Option to Acquire Common Stock 1,250 N/A N/A
Sale
Common Stock 4,000 N/A N/A
Option
Common Stock 4,000 N/A N/A

Reliance Steel & Aluminum key executives

Reliance Steel & Aluminum Co. executives and other stock owners filed with the SEC: