The estimated Net Worth of Lawrence I Sills is at least $27.1 Million dollars as of 5 August 2022. Mr. Sills owns over 780 units of Standard Motor Products stock worth over $21,227,937 and over the last 21 years he sold SMP stock worth over $4,950,533. In addition, he makes $918,963 as Executive Chairman of the Board at Standard Motor Products.
Lawrence has made over 32 trades of the Standard Motor Products stock since 2003, according to the Form 4 filled with the SEC. Most recently he bought 780 units of SMP stock worth $29,749 on 5 August 2022.
The largest trade he's ever made was buying 120,000 units of Standard Motor Products stock on 17 June 2004 worth over $1,680,000. On average, Lawrence trades about 5,992 units every 96 days since 2003. As of 5 August 2022 he still owns at least 671,133 units of Standard Motor Products stock.
You can see the complete history of Mr. Sills stock trades at the bottom of the page.
Lawrence I. Sills has been appointed as Chairman of the Board of the Company effective 1/1/2021. Mr. Sills has served as our Executive Chairman of the Board since March 2016, and as a director of the Company since 1986. Mr. Sills has also served as our Chairman of the Board from December 2000 to March 2016, Chief Executive Officer from December 2000 to March 2016, our President and Chief Operating Officer from 1986 to 2000, and our Vice President of Operations from 1983 to 1986. Mr. Sills is the father of Eric P. Sills, a director of the Company and our Chief Executive Officer and President. Mr. Sills holds an MBA from Harvard Business School and a BA from Dartmouth College.
As the Executive Chairman of the Board of Standard Motor Products, the total compensation of Lawrence Sills at Standard Motor Products is $918,963. There are 9 executives at Standard Motor Products getting paid more, with Eric Philip Sills having the highest compensation of $1,494,288.
Lawrence Sills is 80, he's been the Executive Chairman of the Board of Standard Motor Products since 2016. There are no older and 26 younger executives at Standard Motor Products.
Lawrence's mailing address filed with the SEC is STANDARD MOTOR PRODUCTS, INC., 37-18 NORTHERN BLVD., LONG ISLAND CITY, NY, 11101.
Over the last 21 years, insiders at Standard Motor Products have traded over $48,969,446 worth of Standard Motor Products stock and bought 352,345 units worth $4,526,175 . The most active insiders traders include Lawrence I Sills, Peter Jsills Arthur S Sills, and Arthur S Sills. On average, Standard Motor Products executives and independent directors trade stock every 20 days with the average trade being worth of $161,060. The most recent stock trade was executed by Ray Nicholas on 9 November 2023, trading 1,242 units of SMP stock currently worth $43,309.
standard motor products, inc., (smp) is a leading independent manufacturer and distributor of replacement parts for motor vehicles in the automotive aftermarket industry, with an increasing focus on the original equipment and original equipment service markets. smp stock is publicly traded on the new york stock exchange (smp) where it has been listed since 1977. smp is organized into two major operating segments, each of which focuses on a specific line of replacement parts. engine management segment manufactures a full line of engine management related products. temperature control segment manufactures and remanufactures a full line of replacement parts for automotive air conditioning and heating systems. smp products are marketed throughout the u.s., canada, latin america, europe and asia through traditional as well as non-traditional channels.
Standard Motor Products executives and other stock owners filed with the SEC include: