The estimated Net Worth of Fred L Jr Banks is at least $5.55 Milión dollars as of 30 August 2017. Mr. Banks owns over 3,000 units of Sanderson Farms stock worth over $4,497,792 and over the last 18 years he sold SAFM stock worth over $772,810. In addition, he makes $279,670 as Independent Director at Sanderson Farms.
Frederick has made over 3 trades of the Sanderson Farms stock since 2014, according to the Form 4 filled with the SEC. Most recently he sold 3,000 units of SAFM stock worth $432,330 on 30 August 2017.
The largest trade he's ever made was selling 3,000 units of Sanderson Farms stock on 30 August 2017 worth over $432,330. On average, Frederick trades about 81 units every 15 days since 2007. As of 30 August 2017 he still owns at least 22,048 units of Sanderson Farms stock.
You can see the complete history of Mr. Banks stock trades at the bottom of the page.
Frederick L. Banks Jr., J.D. serves as Independent Director of the Company. Mr. Banks’ extensive experience in law as a legislator, judge, and practicing lawyer allow him to provide valuable insight to the Board in overseeing legal risk management and adopting and implementing best practices. His active legal career in Mississippi, where we are incorporated and have our principal office, makes him eminently qualified to chair the Board’s Nominating and Governance Committee. Mr. Banks has been a leader in numerous civic and philanthropic organizations in Mississippi and nationally. His experience and perspective in the areas of civil rights and equality of opportunity are invaluable to the Board in fulfilling the Company’s social responsibilities. Senior Partner since 2008, and Partner from 2001 to 2008, Phelps Dunbar LLP, Jackson, Mississippi, practicing general commercial litigation. Presiding Justice from 1999 to 2001, and Justice from 1991 to 1999, Mississippi Supreme Court
As the Independent Director of Sanderson Farms, the total compensation of Frederick Banks at Sanderson Farms is $279,670. There are 8 executives at Sanderson Farms getting paid more, with Joe Sanderson having the highest compensation of $4,147,890.
Frederick Banks is 77, he's been the Independent Director of Sanderson Farms since 2007. There are 1 older and 18 younger executives at Sanderson Farms. The oldest executive at Sanderson Farms, Inc. is John Baker, 78, who is the Independent Director.
Fred'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 a Hugh 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: