Last updated: 15 March 2023 at 12:50pm EST

Jeffrey Draime Net Worth




The estimated Net Worth of Jeffrey P Draime is at least $11.9 Million dollars as of 29 May 2014. Mr. Draime owns over 10,000 units of Stoneridge stock worth over $798,154 and over the last 20 years he sold SRI stock worth over $10,909,334. In addition, he makes $185,000 as Independent Director at Stoneridge.

Mr. Draime SRI stock SEC Form 4 insiders trading

Jeffrey has made over 3 trades of the Stoneridge stock since 2010, according to the Form 4 filled with the SEC. Most recently he bought 10,000 units of SRI stock worth $95,600 on 29 May 2014.

The largest trade he's ever made was selling 1,068,495 units of Stoneridge stock on 8 November 2010 worth over $10,909,334. On average, Jeffrey trades about 47,761 units every 56 days since 2005. As of 29 May 2014 he still owns at least 65,800 units of Stoneridge stock.

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





Jeffrey Draime biography

Jeffrey P. Draime serves as Independent Director of the Company. Mr. Draime has been a self-employed business consultant. Mr. Draime is a partner and the President of AeroMax Aviation Holdings LLC, a charter aircraft corporation. Mr. Draime served in various roles with the Company from 1988 through 2001, including operations, sales, quality control, product costing, and marketing. From 1999 to 2011 he was the owner of QSL Columbus/QSL Dayton, a restaurant franchise. From 2017 to present Mr. Draime has served as the Chairman of the Board of Directors of Aeromics, Inc., a clinical stage biotech company. From 2012 through 2015, Mr. Draime has served as a director of Servantage Dixie Sales, Inc., an independent, full service, value added distributor serving consumer products markets. The Company believes Mr. Draime should serve as a director because he provides an historical as well as an internal perspective of our business to the Board and strengthens the Board’s collective qualifications, skills and experience.

What is the salary of Jeffrey Draime?

As the Independent Director of Stoneridge, the total compensation of Jeffrey Draime at Stoneridge is $185,000. There are 11 executives at Stoneridge getting paid more, with Jonathan DeGaynor having the highest compensation of $3,303,160.



How old is Jeffrey Draime?

Jeffrey Draime is 53, he's been the Independent Director of Stoneridge since 2005. There are 12 older and 7 younger executives at Stoneridge. The oldest executive at Stoneridge Inc. is Douglas Jacobs, 80, who is the Independent Director.

What's Jeffrey Draime's mailing address?

Jeffrey's mailing address filed with the SEC is C/O STONERIDGE, INC., 39675 MACKENZIE DRIVE, SUITE 400, NOVI, MI, 48377.

Insiders trading at Stoneridge

Over the last 22 years, insiders at Stoneridge have traded over $87,285,481 worth of Stoneridge stock and bought 694,610 units worth $6,214,925 . The most active insiders traders include Cecile Draime, Jeffrey P Draime, and John C Corey. On average, Stoneridge executives and independent directors trade stock every 51 days with the average trade being worth of $725,386. The most recent stock trade was executed by Matthew R. Horvath on 1 September 2024, trading 6,353 units of SRI stock currently worth $77,062.



What does Stoneridge do?

stoneridge, inc. is an independent designer and manufacturer of highly engineered electrical and electronic components, modules and systems for the automotive, medium and heavy-duty truck, agricultural and off-highway vehicle markets. the company conducts its business in two segments: electronics and control devices. the core products of the electronics reportable segment include vehicle electrical power and distribution systems, and electronic instrumentation and information display products. the core products of the control devices reportable segment include electronic and electrical switch products, control actuation devices and sensors.



What does Stoneridge's logo look like?

Stoneridge Inc. logo

Complete history of Mr. Draime stock trades at Stoneridge

Date
#
Company
Insider
Trans.
Transaction
Shares Price per share Total value Shares after Source
29 May 2014 Jeffrey P Draime
Director
Buy 10,000 $9.56 $95,600
29 May 2014
65,800
17 Feb 2012 Jeffrey P Draime
Director
Buy 20,000 $9.97 $199,400
17 Feb 2012
37,380
8 Nov 2010 Jeffrey P Draime
Director
Sale 1,068,495 $10.21 $10,909,334
8 Nov 2010
0


Stoneridge executives and stock owners

Stoneridge executives and other stock owners filed with the SEC include: