The estimated Net Worth of Larry W Papasan is at least $3.97 Million dollars as of 15 May 2015. Mr. Papasan owns over 5,958 units of Reaves Utility Income Fund stock worth over $3,893,446 and over the last 21 years he sold UTG stock worth over $81,036. In addition, he makes $0 as Independent Trustee at Reaves Utility Income Fund.
Larry has made over 4 trades of the Reaves Utility Income Fund stock since 2004, according to the Form 4 filled with the SEC. Most recently he sold 5,958 units of UTG stock worth $60,116 on 15 May 2015.
The largest trade he's ever made was selling 5,958 units of Reaves Utility Income Fund stock on 15 May 2015 worth over $60,116. On average, Larry trades about 905 units every 372 days since 2004. As of 15 May 2015 he still owns at least 127,320 units of Reaves Utility Income Fund stock.
You can see the complete history of Mr. Papasan stock trades at the bottom of the page.
Larry W. Papasan serves as Independent Trustee of the Company. Mr. Papasan is currently a Trustee or Director of Mimedx, Inc. AxioMed Spine, BioMedical Tissues Technologies, Bionova, Inc., and MEDOVEX Corp. (formerly known as Spinez Corp.), each a medical services company. Mr. Papasan is also currently a Trustee or Director of SSR Engineering and Triumph Bankshares, Inc. Mr. Papasan was a former Trustee of First Funds mutual fund complex from 1992 to 2005, Chairman and President of Smith & Nephew, Inc. from 1991 to 2002 and President of Memphis Light Gas and Water Division during his 28 year tenure. Mr. Papasan has further enhanced his experience and skills, in conjunction with the other Trustees, through the Board’s ongoing oversight of the Fund officers in dealing with a diverse range of topics, to include but not limited to, portfolio management, legal and regulatory matters, compliance oversight, preparation of financial statements and oversight of the Fund’s multiple service providers. Mr. Papasan has served as a Trustee for the Fund since its inception.
Larry Papasan is 80, he's been the Independent Trustee of Reaves Utility Income Fund since 2004. There are 1 older and 9 younger executives at Reaves Utility Income Fund. The oldest executive at Reaves Utility Income Fund is Edgar Nordberg, 82, who is the Independent Director, Trustee.
Larry's mailing address filed with the SEC is 1625 BROADWAY, SUITE 2200, DENVER, CO, 80202.
Over the last 21 years, insiders at Reaves Utility Income Fund have traded over $417,090 worth of Reaves Utility Income Fund stock and bought 101,804 units worth $2,335,011 . The most active insiders traders include Of America Corp /De/ Bank, Of America Corp /De/Merrill..., and Ronald James Sorenson. On average, Reaves Utility Income Fund executives and independent directors trade stock every 97 days with the average trade being worth of $47,980. The most recent stock trade was executed by Jo Ellen Legg on 25 March 2024, trading 1,890 units of UTG stock currently worth $50,009.
Reaves Utility Income Fund executives and other stock owners filed with the SEC include: