The estimated Net Worth of Lampkin Butts is at least $32.2 Milhão dollars as of 22 December 2021. Mr. Butts owns over 21,000 units of Sanderson Farms stock worth over $25,160,952 and over the last 21 years he sold SAFM stock worth over $5,565,668. In addition, he makes $1,442,220 as President, Chief Operating Officer, e Director at Sanderson Farms.
Lampkin has made over 23 trades of the Sanderson Farms stock since 2003, according to the Form 4 filled with the SEC. Most recently he exercised 21,000 units of SAFM stock worth $4,284,000 on 22 December 2021.
The largest trade he's ever made was exercising 21,000 units of Sanderson Farms stock on 22 December 2021 worth over $4,284,000. On average, Lampkin trades about 2,218 units every 59 days since 2003. As of 22 December 2021 he still owns at least 123,338 units of Sanderson Farms stock.
You can see the complete history of Mr. Butts stock trades at the bottom of the page.
Lampkin Butts serves as President, Chief Operating Officer, Director of the Company. Mr. Butts’ extensive knowledge of our business from his over 45-year tenure with the Company makes him an extremely valuable director. He has served the Company in most every aspect of our operations, with roles ranging from shift manager, sales representative, and division manager, to his current role as head of our operations. Mr. Butts has worked at the Company and served as a director throughout several of the profitability cycles that are characteristic of a commodity business like ours. His experience in managing the business through the volatility of our industry is especially helpful to our less senior directors whose tenures have not included a profitability downcycle. Mr. Butts has had leadership roles at several poultry industry organizations, which enable him to share with the Board valuable insights into industry dynamics, developments, and innovations, as well as government and regulatory relations.
As the President, Chief Operating Officer, e Director of Sanderson Farms, the total compensation of Lampkin Butts at Sanderson Farms is $1,442,220. There are 2 executives at Sanderson Farms getting paid more, with Joe Sanderson having the highest compensation of $4,147,890.
Lampkin Butts is 68, he's been the President, Chief Operating Officer, e Director of Sanderson Farms since 2004. There are 6 older and 12 younger executives at Sanderson Farms. The oldest executive at Sanderson Farms, Inc. is John Baker, 78, who is the Independent Director.
Lampkin's mailing address filed with the SEC is 127, Flynt Road, Laurel, Jones County, Mississippi, 39443, United States of America.
Over the last 21 years, insiders at Sanderson Farms have traded over $163,105,297 worth of Sanderson Farms stock and bought 45,300 units worth $1,397,739 . The most active insiders traders include Joe F Jr Sanderson, Robert Buck Sanderson, eHugh V Sanderson. On average, Sanderson Farms executives and independent directors trade stock every 29 days with the average trade being worth of $4,421,088. The most recent stock trade was executed by Tim Rigney on 22 July 2022, trading 3,122 units of SAFM stock currently worth $636,888.
Sanderson Farms, Inc., founded in 1947, is engaged in the production, processing, marketing and distribution of fresh and frozen chicken and other prepared food items. Employing more than 15,000 employees in operations spanning five states and 17 different cities, Sanderson Farms is the third largest poultry producer in the United States. As a company, Sanderson Farms is committed to adopting a fresh approach in everything that we do, not only where products are concerned, but companywide, as well. Though the company has grown in size, it still adheres to the same hometown values of honesty, integrity and innovation that were established when the Sanderson family founded the company back in 1947.
Sanderson Farms executives and other stock owners filed with the SEC include: