The estimated Net Worth of David P Reiland is at least $390 mil dollars as of 17 May 2021. Mr. Reiland owns over 8,000 units of Broadwind Inc stock worth over $281,150 and over the last 17 years he sold BWEN stock worth over $34,240. In addition, he makes $75,000 as Independent Director at Broadwind Inc.
David has made over 7 trades of the Broadwind Inc stock since 2015, according to the Form 4 filled with the SEC. Most recently he sold 8,000 units of BWEN stock worth $34,240 on 17 May 2021.
The largest trade he's ever made was buying 10,000 units of Broadwind Inc stock on 13 March 2020 worth over $13,000. On average, David trades about 2,224 units every 79 days since 2008. As of 17 May 2021 he still owns at least 130,162 units of Broadwind Inc stock.
You can see the complete history of Mr. Reiland stock trades at the bottom of the page.
David P. Reiland CPA serves as Independent Director of the Company. He is Chairman of the Audit Committee and is designated as a financial expert, and is also a member of the Governance/Nominating Committee. Mr. Reiland was employed by Magnetek, Inc. (“Magnetek”) from August 1986 until January 2009, where he held numerous high-level positions, including Executive Vice President, Chief Financial Officer, Controller and Vice President of Finance, and served as CEO and President of Magnetek from October 2006 until October 2008. He also served on the Board of Directors of Magnetek from October 2006 to September 2015. Magnetek develops, manufactures and markets power and motion control systems and was a public company until its acquisition by Columbus McKinnon Corporation in September 2015. Mr. Reiland is a Certified Public Accountant who holds an undergraduate degree in financial management from California State University, Long Beach, and a Master of Business Administration degree from the University of Southern California. The Governance/Nominating Committee concluded that Mr. Reiland should serve as a director nominee as of the date of this Proxy Statement on the basis of his extensive leadership experience and financial expertise.
As the Independent Director of Broadwind Inc, the total compensation of David Reiland at Broadwind Inc is $75,000. There are 5 executives at Broadwind Inc getting paid more, with Stephanie Kushner having the highest compensation of $1,387,720.
David Reiland is 66, he's been the Independent Director of Broadwind Inc since 2020. There are 3 older and 11 younger executives at Broadwind Inc. The oldest executive at Broadwind Inc is Thomas Wagner, 68, who is the Independent Director.
David's mailing address filed with the SEC is 3240, South Central Avenue, Cicero, Cook County, Illinois, 60804, United States.
Over the last 17 years, insiders at Broadwind Inc have traded over $66,146,548 worth of Broadwind Inc stock and bought 13,245,450 units worth $101,332,655 . The most active insiders traders include Austin W & Greenhouse David..., Jeffrey L Et Altontine Capi... y Investment Company, Inc. Awm. On average, Broadwind Inc executives and independent directors trade stock every 52 days with the average trade being worth of $492,750. The most recent stock trade was executed by Eric B. Blashford on 16 August 2024, trading 5,000 units of BWEN stock currently worth $11,350.
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Broadwind Inc executives and other stock owners filed with the SEC include: