Last updated: 21 March 2022 at 4:30pm EST

Jeffrey Farber Net Worth




The estimated Net Worth of Jeffrey Farber is at least $3.81 Million dollars as of 17 March 2022. Mr. Farber owns over 20,000 units of Lannett Co stock worth over $1,485,193 and over the last 21 years he sold LCI stock worth over $2,036,300. In addition, he makes $290,008 as Director at Lannett Co.

Mr. Farber LCI stock SEC Form 4 insiders trading

Jeffrey has made over 20 trades of the Lannett Co stock since 2004, according to the Form 4 filled with the SEC. Most recently he bought 20,000 units of LCI stock worth $16,200 on 17 March 2022.

The largest trade he's ever made was buying 5,000,000 units of Lannett Co stock on 7 May 2008 worth over $11,300,000. On average, Jeffrey trades about 129,919 units every 161 days since 2003. As of 17 March 2022 he still owns at least 2,152,454 units of Lannett Co stock.

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





Jeffrey Farber biography

Jeffrey Farber is the Director of the Company. Patrick LePore succeeded Jeffrey Farber as the Chairman of the Board. Jeffrey Farber joined the Company in August 2003 as Secretary. Since 1994, Mr. Farber has been President and the owner of Auburn Pharmaceutical (“Auburn”), a national generic pharmaceutical distributor. Prior to starting Auburn, Mr. Farber served in various positions at Major Pharmaceutical (“Major”), where he was employed for over 15 years. At Major, Mr. Farber was involved in sales, purchasing and eventually served as President of the Midwest division. Mr. Farber also spent time working at Major’s manufacturing division, Vitarine Pharmaceuticals, where he served on its Board of Directors. Mr. Farber graduated from Western Michigan University with a Bachelors of Science Degree in Business Administration and participated in the Pharmacy Management Graduate Program at Long Island University.

What is the salary of Jeffrey Farber?

As the Director of Lannett Co, the total compensation of Jeffrey Farber at Lannett Co is $290,008. There are 13 executives at Lannett Co getting paid more, with Timothy Crew having the highest compensation of $2,135,000.



How old is Jeffrey Farber?

Jeffrey Farber is 58, he's been the Director of Lannett Co since 2018. There are 10 older and 8 younger executives at Lannett Co. The oldest executive at Lannett Co., Inc. is Patrick LePore, 65, who is the Independent Chairman of the Board.

What's Jeffrey Farber's mailing address?

Jeffrey's mailing address filed with the SEC is 1775 JOHN R ROAD, , TROY, MI, 48083.

Insiders trading at Lannett Co

Over the last 22 years, insiders at Lannett Co have traded over $61,716,333 worth of Lannett Co stock and bought 6,036,340 units worth $16,940,403 . The most active insiders traders include William Farber, Jeffrey Farber, and Patrick G Lepore. On average, Lannett Co executives and independent directors trade stock every 30 days with the average trade being worth of $39,386. The most recent stock trade was executed by John C Chapman on 17 November 2022, trading 20,000 units of LCI stock currently worth $10,200.



What does Lannett Co do?

Lannett Company, founded in 1942, develops, manufactures, packages, markets and distributes generic pharmaceutical products for a wide range of medical indications.



What does Lannett Co's logo look like?

Lannett Co., Inc. logo

Complete history of Mr. Farber stock trades at Lannett Co

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
17 Mar 2022 Jeffrey Farber
Director
Buy 20,000 $0.81 $16,200
17 Mar 2022
2,152,454
9 Feb 2022 Jeffrey Farber
Director
Buy 10,000 $0.92 $9,200
9 Feb 2022
2,132,454
17 Nov 2021 Jeffrey Farber
Director
Buy 10,000 $1.93 $19,300
17 Nov 2021
2,122,454
28 May 2021 Jeffrey Farber
Director
Buy 10,000 $4.37 $43,700
28 May 2021
1,678,510
15 May 2019 Jeffrey Farber
Director
Buy 5,000 $5.80 $29,000
15 May 2019
2,101,054
9 May 2019 Jeffrey Farber
Director
Buy 10,000 $6.85 $68,500
9 May 2019
2,096,054
12 Dec 2018 Jeffrey Farber
Director
Buy 10,000 $5.32 $53,200
12 Dec 2018
2,086,054
7 Nov 2016 Jeffrey Farber
Director
Option 5,000 $6.89 $34,450
7 Nov 2016
2,438,826
6 Jul 2016 Jeffrey Farber
Director
Option 20,000 $4.55 $91,000
6 Jul 2016
2,437,093
6 Jul 2016 Jeffrey Farber
Director
Option 20,000 $4.55 $91,000
6 Jul 2016
2,437,093
5 Feb 2016 Jeffrey Farber
Director
Buy 5,000 $24.48 $122,400
5 Feb 2016
2,417,093
5 Feb 2016 Jeffrey Farber
Director
Buy 5,000 $24.48 $122,400
5 Feb 2016
2,417,093
12 Feb 2015 Jeffrey Farber
Director
Sale 35,000 $58.18 $2,036,300
12 Feb 2015
4,470,050
27 Feb 2014 Jeffrey Farber
Director
Option 12,500 $16.04 $200,500
27 Feb 2014
418,720
7 May 2008 Jeffrey Farber
Director
Buy 5,000,000 $2.26 $11,300,000
7 May 2008
5,000,000
30 May 2006 Jeffrey Farber
Director
Buy 3,000 $6.00 $18,000
30 May 2006
147,120
6 Jun 2005 Jeffrey Farber
Director
Buy 5,000 $6.11 $30,550
6 Jun 2005
144,120
3 Jun 2005 Jeffrey Farber
Director
Buy 5,000 $5.59 $27,950
3 Jun 2005
139,120
16 Mar 2005 Jeffrey Farber
Director
Buy 1,250 $6.56 $8,200
16 Mar 2005
134,120
19 Jul 2004 Jeffrey Farber
Director
Buy 5,000 $13.19 $65,950
19 Jul 2004
124,470


Lannett Co executives and stock owners

Lannett Co executives and other stock owners filed with the SEC include: