The estimated Net Worth of John Richard Townsend is at least $1.63 Million dollars as of 13 February 2021. Mr. Townsend owns over 7,594 units of Trecora Resources stock worth over $274,199 and over the last 10 years he sold TREC stock worth over $602,963. In addition, he makes $752,175 as Executive Vice President and Chief Manufacturing Officer at Trecora Resources.
John has made over 7 trades of the Trecora Resources stock since 2015, according to the Form 4 filled with the SEC. Most recently he exercised 7,594 units of TREC stock worth $74,497 on 13 February 2021.
The largest trade he's ever made was exercising 20,000 units of Trecora Resources stock on 1 February 2021 worth over $196,200. On average, John trades about 4,577 units every 118 days since 2014. As of 13 February 2021 he still owns at least 27,951 units of Trecora Resources stock.
You can see the complete history of Mr. Townsend stock trades at the bottom of the page.
John Richard Townsend is the Executive Vice President, Chief Manufacturing Officer of the Company. He has a Bachelor of Science in Chemical Engineering from Louisiana Tech University with over 30 years of experience in the petrochemical industry garnered through his employment with Mobil Chemical Company, which subsequently became ExxonMobil Chemical Company. During his tenure, he held the positions of Technical Service Engineer, Technical Department Section Supervisor, Planning Associate, Operations Manager, Plant Manager and Site Manager. Mr. Townsend retired from ExxonMobil Chemical Company in 2010. Mr. Townsend served on our Board as a director from 2011 until his resignation in May 2019, and joined the Company as Executive Vice President and Chief Manufacturing Officer in June 2018.
As the Executive Vice President and Chief Manufacturing Officer of Trecora Resources, the total compensation of John Townsend at Trecora Resources is $752,175. There are 3 executives at Trecora Resources getting paid more, with Patrick Quarles having the highest compensation of $2,291,590.
John Townsend is 66, he's been the Executive Vice President and Chief Manufacturing Officer of Trecora Resources since 2018. There are 2 older and 12 younger executives at Trecora Resources. The oldest executive at Trecora Resources is Nicholas Carter, 73, who is the Director.
John's mailing address filed with the SEC is C/O TRECORA RESOURCES, 1650 HWY 6 S, SUITE 190, SUGAR LAND, TX, 77478.
Over the last 10 years, insiders at Trecora Resources have traded over $48,045,663 worth of Trecora Resources stock and bought 417,560 units worth $3,431,706 . The most active insiders traders include Advisors, L.P.Pangaea Ventu..., Athel Fahad Mohammed Saleh Al, and Patrick D. Quarles. On average, Trecora Resources executives and independent directors trade stock every 11 days with the average trade being worth of $223,050. The most recent stock trade was executed by Michael W Silberman on 1 June 2022, trading 12,288 units of TREC stock currently worth $120,545.
Trecora Resources owns and operates a specialty petrochemicals facility specializing in high purity hydrocarbons and other petrochemical manufacturing and a specialty wax facility, both located in Texas, and provides custom processing services at both facilities.
Trecora Resources executives and other stock owners filed with the SEC include: