The estimated Net Worth of Jon M Ruth is at least $738 Mille dollars as of 13 February 2024. Mr. Ruth owns over 4,956 units of Insteel Industries stock worth over $611,381 and over the last 8 years he sold IIIN stock worth over $0. In addition, he makes $126,559 as Independent Director at Insteel Industries.
Jon has made over 3 trades of the Insteel Industries stock since 2018, according to the Form 4 filled with the SEC. Most recently he exercised 4,956 units of IIIN stock worth $174,947 on 13 February 2024.
The largest trade he's ever made was exercising 4,956 units of Insteel Industries stock on 13 February 2024 worth over $174,947. On average, Jon trades about 914 units every 172 days since 2017. As of 13 February 2024 he still owns at least 20,098 units of Insteel Industries stock.
You can see the complete history of Mr. Ruth stock trades at the bottom of the page.
Jon M. Ruth serves as Independent Director of the Company. Mr. Ruth retired from Cargill Incorporated, a global provider of food, agricultural, industrial and financial products and services in August of 2015, following 35 years of service to Cargill. Mr. Ruth served in various senior executive positions with Cargill, most recently as Vice President leading its SAP enterprise resource planning implementation across its businesses in Europe and North America from 2005 to 2015, as a director of North Star BlueScope Steel, a joint venture between Cargill and BlueScope Steel from 2004 to 2015, and as President of North Star Steel from 2003 to 2005. Our Board determined that he should continue to serve as director because of his extensive experience as a senior executive of a large multi-national company with specific experience in the steel industry.
As the Independent Director of Insteel Industries, the total compensation of Jon Ruth at Insteel Industries is $126,559. There are 10 executives at Insteel Industries getting paid more, with H. Woltz having the highest compensation of $1,769,460.
Jon Ruth is 64, he's been the Independent Director of Insteel Industries since 2016. There are 6 older and 8 younger executives at Insteel Industries. The oldest executive at Insteel Industries, Inc. is W. Allen Rogers, 73, who is the Independent Director.
Jon's mailing address filed with the SEC is 1373, Boggs Drive, Mount Airy, Surry County, North Carolina, 27030, United States.
Over the last 21 years, insiders at Insteel Industries have traded over $49,697,761 worth of Insteel Industries stock and bought 19,600 units worth $335,266 . The most active insiders traders include H O Iii Woltz, Howard O Jr Woltz e Michael C Gazmarian. On average, Insteel Industries executives and independent directors trade stock every 28 days with the average trade being worth of $491,678. The most recent stock trade was executed by James R. York on 16 August 2024, trading 657 units of IIIN stock currently worth $19,986.
insteel industries, inc. is the nation's largest manufacturer of steel wire reinforcing products for concrete construction applications. we manufacture and market prestressed concrete strand and welded wire reinforcement, including concrete pipe reinforcement, engineered structural mesh and standard welded wire reinforcement. our products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. approximately 800 employees work at insteel facilities located in arizona, florida, georgia, kentucky, missouri, north carolina, pennsylvania, tennessee and texas. the company's common stock is traded on the nasdaq global select market under the symbol iiin.
Insteel Industries executives and other stock owners filed with the SEC include: