Last updated: 21 August 2024 at 4:33pm EST

Michael Wallace Net Worth




The estimated Net Worth of Michael W Wallace is at least $3.04 Million dollars as of 20 August 2024. Mr. Wallace owns over 25,000 units of Spok Inc stock worth over $736,039 and over the last 8 years he sold SPOK stock worth over $1,392,400. In addition, he makes $915,139 as Chief Financial Officer and Chief Operating Officer at Spok Inc.

Mr. Wallace SPOK stock SEC Form 4 insiders trading

Michael has made over 22 trades of the Spok Inc stock since 2018, according to the Form 4 filled with the SEC. Most recently he sold 25,000 units of SPOK stock worth $370,000 on 20 August 2024.

The largest trade he's ever made was selling 40,000 units of Spok Inc stock on 1 March 2024 worth over $689,600. On average, Michael trades about 7,945 units every 54 days since 2017. As of 20 August 2024 he still owns at least 49,465 units of Spok Inc stock.

You can see the complete history of Mr. Wallace stock trades at the bottom of the page.





Michael Wallace biography

Michael W. Wallace CPA serves as Chief Financial Officer, Chief Operating Officer of the Company. Mr. Wallace spent more than 25 years as a financial executive at both public and private companies, most recently as Executive Vice President and CFO at Intermedix Corporation, a healthcare revenue cycle/practice management and data analytics solution provider since August 2013. Prior to joining Intermedix, he was the Executive Vice President and CFO of The Elephant Group (d.b.a. Saveology.com), a leading Internet-based, direct-to-consumer marketing platform. Prior to that, he served as Senior Vice President and CFO of Radiology Corporation of America, a national provider of mobile and fixed-site positron emission tomography (PET) imaging services. Mr. Wallace has also served as an Assistant Chief Accountant in the Securities and Exchange Commission’s (SEC) Division of Enforcement and was a member of the Commission’s Financial Fraud Task Force in Washington, D.C. Prior to being at the SEC, Mr. Wallace served as CFO at Inktel Direct Corporation, a direct marketing service firm, CELLIT Technologies, Inc., a software company serving the contact center marketplace, and Kellstrom Industries, Inc., a publicly held global aerospace company. Before joining Kellstrom, Mr. Wallace worked at KPMG Peat Marwick, LLP in Miami for more than seven years. He received his bachelor’s degree in business administration from the University of Notre Dame and is a licensed Certified Public Accountant. Mr. Wallace became an NEO upon his appointment as CFO on March 27, 2017.

What is the salary of Michael Wallace?

As the Chief Financial Officer and Chief Operating Officer of Spok Inc, the total compensation of Michael Wallace at Spok Inc is $915,139. There are 2 executives at Spok Inc getting paid more, with Vincent Kelly having the highest compensation of $2,223,300.



How old is Michael Wallace?

Michael Wallace is 51, he's been the Chief Financial Officer and Chief Operating Officer of Spok Inc since 2020. There are 13 older and 2 younger executives at Spok Inc. The oldest executive at Spok Holdings Inc is Christine Cournoyer, 68, who is the Independent Director.

What's Michael Wallace's mailing address?

Michael's mailing address filed with the SEC is C/O SPOK HOLDINGS, INC., 5911 KINGSTOWNE VILLAGE PARKWAY, 6TH FLR, ALEXANDRIA, VA, 22315.

Insiders trading at Spok Inc

Over the last 10 years, insiders at Spok Inc have traded over $13,829,368 worth of Spok Inc stock and bought 981,678 units worth $7,992,031 . The most active insiders traders include Todd J Stein, Vincent D Kelly, and Michael W Wallace. On average, Spok Inc executives and independent directors trade stock every 20 days with the average trade being worth of $217,441. The most recent stock trade was executed by Michael W Wallace on 20 August 2024, trading 25,000 units of SPOK stock currently worth $370,000.



What does Spok Inc do?

spok, inc., a wholly owned subsidiary of spok holdings, inc. (nasdaq: spok), headquartered in springfield, va., is proud to be the global leader in healthcare communications. we deliver clinical information to care teams when and where it matters most to improve patient outcomes. top hospitals rely on the spok care connect® platform to enhance workflows for clinicians, support administrative compliance, and provide a better experience for patients. our customers send over 100 million messages each month through their spok® solutions. when seconds count, count on spok. for more information, visit spok.com or follow @spoktweets on twitter.



What does Spok Inc's logo look like?

Spok Holdings Inc logo

Complete history of Mr. Wallace stock trades at Spok Inc

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
20 Aug 2024 Michael W Wallace
Chief Operating Officer
Sale 25,000 $14.80 $370,000
20 Aug 2024
49,465
1 Mar 2024 Michael W Wallace
Chief Operating Officer
Sale 40,000 $17.24 $689,600
1 Mar 2024
74,465
29 Feb 2024 Michael W Wallace
Chief Operating Officer
Option 26,307 $16.92 $445,114
29 Feb 2024
126,330
2 Jan 2024 Michael W Wallace
Chief Operating Officer
Option 30,721 $15.48 $475,561
2 Jan 2024
114,438
1 Dec 2023 Michael W Wallace
Chief Operating Officer
Sale 20,000 $16.64 $332,800
1 Dec 2023
83,717
8 Mar 2023 Michael W Wallace
Chief Operating Officer
Buy 2,500 $10.25 $25,625
8 Mar 2023
103,717
2 Mar 2023 Michael W Wallace
Chief Operating Officer
Option 20,556 $9.30 $191,171
2 Mar 2023
110,488
3 Jan 2023 Michael W Wallace
Chief Operating Officer
Option 28,722 $8.19 $235,233
3 Jan 2023
103,880
6 Dec 2022 Michael W Wallace
Chief Operating Officer
Buy 2,000 $7.76 $15,520
6 Dec 2022
75,158
19 Aug 2022 Michael W Wallace
Chief Operating Officer
Buy 1,690 $7.14 $12,067
19 Aug 2022
73,158
3 May 2022 Michael W Wallace
Chief Operating Officer
Buy 2,313 $7.19 $16,630
3 May 2022
71,468
25 Feb 2022 Michael W Wallace
Chief Operating Officer
Option 10,395 $8.65 $89,917
25 Feb 2022
73,844
31 Dec 2021 Michael W Wallace
Chief Operating Officer
Option 20,931 $9.33 $195,286
31 Dec 2021
72,867
26 Feb 2021 Michael W Wallace
Chief Operating Officer
Option 10,555 $10.10 $106,606
26 Feb 2021
56,165
31 Dec 2020 Michael W Wallace
Chief Operating Officer
Option 15,675 $11.13 $174,463
31 Dec 2020
53,840
30 Nov 2020 Michael W Wallace
Chief Operating Officer
Buy 2,000 $9.81 $19,620
30 Nov 2020
38,165
3 Aug 2020 Michael W Wallace
Chief Operating Officer
Buy 3,000 $10.06 $30,180
3 Aug 2020
36,165
9 Mar 2020 Michael W Wallace
Chief Operating Officer
Buy 2,000 $10.01 $20,020
9 Mar 2020
33,165
6 Mar 2020 Michael W Wallace
Chief Operating Officer
Option 7,355 $9.96 $73,256
6 Mar 2020
34,375
31 Dec 2019 Michael W Wallace
Chief Operating Officer
Option 9,949 $12.23 $121,676
31 Dec 2019
32,036
11 Jan 2019 Michael W Wallace
Chief Operating Officer
Option 14,057 $13.59 $191,035
11 Jan 2019
21,739
31 Dec 2018 Michael W Wallace
Chief Operating Officer
Option 6,179 $13.26 $81,934
31 Dec 2018
14,570


Spok Inc executives and stock owners

Spok Inc executives and other stock owners filed with the SEC include: