Last updated: 26 September 2023 at 4:33pm EST

Michael Wortley Net Worth




The estimated Net Worth of Michael D Wortley is at least $23.1 Million dollars as of 15 August 2023. Mr. Wortley owns over 1,205 units of Reata Pharmaceuticals Inc stock worth over $8,566,464 and over the last 9 years he sold RETA stock worth over $12,461,207. In addition, he makes $2,033,950 as Executive Vice President and Chief Legal Officer at Reata Pharmaceuticals Inc.

Mr. Wortley RETA stock SEC Form 4 insiders trading

Michael has made over 6 trades of the Reata Pharmaceuticals Inc stock since 2019, according to the Form 4 filled with the SEC. Most recently he sold 1,205 units of RETA stock worth $203,585 on 15 August 2023.

The largest trade he's ever made was selling 51,429 units of Reata Pharmaceuticals Inc stock on 11 November 2020 worth over $9,224,820. On average, Michael trades about 3,339 units every 65 days since 2015. As of 15 August 2023 he still owns at least 49,701 units of Reata Pharmaceuticals Inc stock.

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





Michael Wortley biography

Michael D. Wortley serves as Executive Vice President, Chief Legal Officer of the Company. Prior to joining Reata, Prior to joining Reata, Mr. Wortley was an attorney at Vinson & Elkins LLP from 1995 to March 2015, serving in various capacities, including Chief Operating Partner of the firm and Managing Partner of the Dallas office, and, prior to 1995, at Johnson & Wortley, P.C., serving as Chairman of the Board and President. He currently serves on the board of directors of Pioneer Natural Resources Company. Mr. Wortley earned a B.A. in Political Science from Southern Methodist University, a Master’s degree in Regional Planning from the University of North Carolina at Chapel Hill and a J.D. from Southern Methodist University Dedman School of Law.

What is the salary of Michael Wortley?

As the Executive Vice President and Chief Legal Officer of Reata Pharmaceuticals Inc, the total compensation of Michael Wortley at Reata Pharmaceuticals Inc is $2,033,950. There are 3 executives at Reata Pharmaceuticals Inc getting paid more, with Manmeet Soni having the highest compensation of $12,612,200.



How old is Michael Wortley?

Michael Wortley is 72, he's been the Executive Vice President and Chief Legal Officer of Reata Pharmaceuticals Inc since 2018. There are 1 older and 14 younger executives at Reata Pharmaceuticals Inc. The oldest executive at Reata Pharmaceuticals Inc is Michael D. Wortley, 73, who is the Exec. VP & Chief Legal Officer.

What's Michael Wortley's mailing address?

Michael's mailing address filed with the SEC is 5320 LEGACY DRIVE, , PLANO, TX, 75024.

Insiders trading at Reata Pharmaceuticals Inc

Over the last 8 years, insiders at Reata Pharmaceuticals Inc have traded over $176,850,875 worth of Reata Pharmaceuticals Inc stock and bought 8,443,489 units worth $179,313,590 . The most active insiders traders include Holdings A/S Novo, R Kent Jr Mc Gaughy, and Inc Cpmg. On average, Reata Pharmaceuticals Inc executives and independent directors trade stock every 16 days with the average trade being worth of $10,950,893. The most recent stock trade was executed by Andrea Loewen on 14 September 2023, trading 3,175 units of RETA stock currently worth $546,195.



What does Reata Pharmaceuticals Inc do?

reata pharmaceuticals, inc. (nasdaq:reta) is a clinical-stage biopharmaceutical company that develops novel therapeutics for patients with serious or life-threatening diseases by targeting molecular pathways involved in the regulation of cellular metabolism and inflammation. reata’s two most advanced clinical candidates, bardoxolone methyl and omaveloxolone, target the important transcription factor nrf2 to restore mitochondrial function, reduce oxidative stress, and resolve inflammation.



What does Reata Pharmaceuticals Inc's logo look like?

Reata Pharmaceuticals Inc logo

Complete history of Mr. Wortley stock trades at Reata Pharmaceuticals Inc and Pioneer Natural Resources Co

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
15 Aug 2023 Michael D Wortley
Chief Legal Officer
Sale 1,205 $168.95 $203,585
15 Aug 2023
49,701
15 May 2023 Michael D Wortley
Chief Legal Officer
Sale 1,311 $83.59 $109,586
15 May 2023
46,781
7 Mar 2023 Michael D Wortley
Chief Legal Officer
Sale 414 $84.46 $34,966
7 Mar 2023
48,092
3 Mar 2023 Michael D Wortley
Chief Legal Officer
Sale 2,169 $87.57 $189,939
3 Mar 2023
48,506
11 Nov 2020 Michael D Wortley
Chief Legal Officer
Sale 51,429 $179.37 $9,224,820
11 Nov 2020
0
5 Mar 2019 Michael D Wortley
Chief Legal Officer
Sale 26,940 $100.16 $2,698,310
5 Mar 2019
0


Reata Pharmaceuticals Inc executives and stock owners

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